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
Rystad: More Deepwater Wells to be Drilled in 2024
2024-02-29 - Upstream majors dive into deeper and frontier waters while exploration budgets for 2024 remain flat.
Orange Basin Serves Up More Light Oil
2024-03-15 - Galp’s Mopane-2X exploration well offshore Namibia found a significant column of hydrocarbons, and the operator is assessing commerciality of the discovery.
E&P Highlights: March 11, 2024
2024-03-11 - Here’s a roundup of the latest E&P headlines, including a new bid round offshore Bangladesh and new contract awards.
E&P Highlights: April 29, 2024
2024-04-29 - Here’s a roundup of the latest E&P headlines, including a new contract award and drilling technology.
CNOOC Finds Light Crude at Kaiping South Field
2024-03-07 - The deepwater Kaiping South Field in the South China Sea holds at least 100 MMtons of oil equivalent.