# Energy Transfer Units Rise 2.05% Friday to Close at $20.45

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/40204
Published: 2026-10-24T18:17:05.000Z
Updated: 2026-10-24T18:17:05.000Z
Section: Investing

> The partnership raised its quarterly distribution to $0.3425 per unit, or $1.37 annualized, with payment scheduled for Nov. 19.

Energy Transfer LP’s common units rose 2.05% Friday to $20.45, one trading session after the partnership announced a higher quarterly distribution.

The units gained $0.41 from the previous close of $20.04. They closed at $20.45 at 4 p.m. ET (20:00 UTC) Oct. 23.

Energy Transfer announced a distribution of $0.3425 per common unit for the quarter ended Sept. 30, equivalent to $1.37 annualized. The payment is scheduled for Nov. 19 to holders of record Nov. 6. It is more than 3% above the distribution for the third quarter of 2025 and marks the partnership’s 20th consecutive quarterly increase.

The partnership’s second-quarter results included adjusted EBITDA of $5.07 billion, up 31% from a year earlier. On Aug. 4, Energy Transfer raised its 2026 adjusted EBITDA guidance to $18.8 billion-$19.1 billion, from a previous range of $18.2 billion-$18.6 billion.

Energy Transfer agreed Oct. 6 to acquire Vaquero Midstream in a deal valued at about $2.625 billion. The consideration includes $1.95 billion in cash and approximately 33.3 million newly issued common units. The partnership expects to complete the deal in the fourth quarter, pending regulatory approval and customary conditions.

The partnership’s common units began trading on the Texas Stock Exchange on Oct. 5, after its primary listing moved from the New York Stock Exchange. Energy Transfer operates about 140,000 miles of pipeline and related infrastructure across 44 states.

The partnership plans to release third-quarter results before the market opens Nov. 3 and hold a call at 9 a.m. ET.