Energy Transfer will increase its dividend by about 3%. (Source: Shutterstock)
Energy Transfer LP will increase its quarterly cash distribution to approximately $0.32 per Energy Transfer common unit—$1.27 on an annualized basis—for the first quarter ended March 31, 2024.
The increase is $0.01—or about 3.3% more—than first-quarter 2023, according to Energy Transfer’s dividend history.
This cash distribution per Energy Transfer common unit will be paid on May 20 to unitholders of record as of the close of business on May 13.
Recommended Reading
EnSight IV Energy Seller of Haynesville Assets to Quantent
2024-09-23 - EnSight said it had sold more than 7,000 net acres in Caddo, De Soto, Bossier and Red River parishes, Louisiana, to Quantent Energy Partners LLC for an undisclosed sum.
Orion Acquires SCOOP/STACK Interests, Pursuing Permian Deals
2024-11-11 - Orion Diversified Holding Co. is pursuing negotiations with several oil companies in the Permian Basin to acquire oil and gas assets, the company’s CEO said.
Diamondback Subsidiary Viper Closes $900MM Midland Royalty Deal
2024-10-02 - Diamondback Energy’s Viper Energy closed the last of three acquisitions from Tumbleweed Royalty, owned by Double Eagle Energy’s founders, that together totaled about $1.1 billion.
SM Energy, NOG Close $2.6 Billion in Uinta Basin Acquisitions
2024-10-02 - SM Energy and Northern Oil and Gas have closed the acquisitions of XCL Resources and Altamont Energy, adding hundreds of locations and oil cuts of 86% to 87%.
Enterprise Closes $950MM Acquisition of Delaware’s Piñon Midstream
2024-10-28 - Enterprise Products Partners acquisition of Piñon Midstream expands Enterprise’s New Mexico Delaware Basin footprint with sour-gas processing.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.