Energy Transfer Signs Agreement to Supply Chevron 2.0 Million Tonnes of LNG Per Annum From Its Lake Charles LNG Export Facility
Energy Transfer LP Common Units (ET)
Last energy transfer lp common units earnings: 2/19 04:10 pm
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Source: Business Wire
DALLAS--(BUSINESS WIRE)--Energy Transfer LP (NYSE: ET) today announced its subsidiary, Energy Transfer LNG Export, LLC (Energy Transfer LNG), has entered into a 20-year LNG Sale and Purchase Agreement (SPA) with Chevron U.S.A. Inc. (Chevron) related to its Lake Charles LNG project. Under the SPA, Energy Transfer LNG will supply 2.0 million tonnes of LNG per annum (mtpa) to Chevron. The LNG will be supplied on a free-on-board (FOB) basis and the purchase price will consist of a fixed liquefaction charge and a gas supply component indexed to the Henry Hub benchmark. The obligations of Energy Transfer LNG under the SPA are subject to Energy Transfer LNG taking a final investment decision (FID) as well as the satisfaction of other conditions precedent.“We are pleased that one of the most prominent LNG industry participants has selected Lake Charles LNG as a supplier,” said Tom Mason, President of Energy Transfer LNG. “We believe that Lake Charles is the most compelling LNG project on
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News
- Energy Transfer LP (NYSE: ET) had its price target raised by analysts at Barclays PLC from $18.00 to $22.00. They now have an "overweight" rating on the stock.MarketBeat
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- Energy Transfer LP (ET) Advances While Market Declines: Some Information for Investors [Yahoo! Finance]Yahoo! Finance
- Chevron to Buy LNG From Energy Transfer's Louisiana Terminal [Yahoo! Finance]Yahoo! Finance
- Energy Transfer LP (NYSE: ET) had its price target raised by analysts at The Goldman Sachs Group, Inc. from $17.00 to $20.00. They now have a "neutral" rating on the stock.MarketBeat
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Earnings
- 11/6/24 - In-Line
ET
Sec Filings
- 12/9/24 - Form 4
- 12/9/24 - Form 4
- 12/9/24 - Form 4
- ET's page on the SEC website