Energy Transfer LP reported net income attributable to partners of $1.32 billion for the three months ended March 31, 2025, an increase from $1.24 billion in the first quarter of 2024. Basic net income per common unit was $0.37 for the quarter.
The partnership's Adjusted EBITDA for the first quarter of 2025 increased to $4.10 billion, up from $3.88 billion in the prior-year period. Distributable Cash Flow attributable to partners, as adjusted, was $2.31 billion, compared to $2.36 billion in the first quarter of 2024.
Growth capital expenditures in the first quarter of 2025 were $955 million, while maintenance capital expenditures totaled $165 million. These results demonstrate continued operational strength and strategic investment in the company's diversified asset portfolio.
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