Strong Financial Performance: Energy Transfer reported a record adjusted EBITDA of $15.5 billion for 2024, up 13% from 2023, and distributable cash flow (DCF) of $8.4 billion, a 10% increase year-over-year. Q4 adjusted EBITDA was $3.9 billion, showing a growth from $3.6 billion in Q4 2023, while DCF remained stable at $2 billion compared to the same period last year.
Increased Capital Expenditure & Growth Projects: The company plans to invest approximately $5 billion in organic growth capital in 2025 across various segments, indicating a focused strategy on enhancing capacity and infrastructure to meet growing demand, particularly in the Permian Basin and for NGL exports. Significant projects include the Mustang Draw processing plant and the Hugh Brinson pipeline.
Market Expansion and Demand Growth: Energy Transfer is strategically positioned to benefit from increasing natural gas demand driven by data centers, power plants, and transitioning from coal to natural gas. The company anticipates growth opportunities across power and data center sectors, with strong pipeline connections to facilitate this expansion.