Investments in unconsolidated affiliates

Name: Energy Transfer Investments in unconsolidated affiliates by Business Segments
Creator: OpenCapital
License: https://www.opencapital.sh/terms

Energy Transfer·Business Segments·7 segments·Rolls up to Equity Method Investments

Breakdown

Segment	Q4 '22	Q4 '23	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26
Interstate transportation and storage	$2.2B	$2.18B	$2.35B	$2.35B	$2.34B	$2.37B	$2.35B	$2.39B
NGL and refined products transportation and services	$398M	$390M	$383M	$378M	$371M	$367M	$362M	$379M
Investment in Sunoco LP	—	—	—	—	—	—	$342M	$345M
Crude oil transportation and services	$48M	$187M	$193M	$191M	$188M	$191M	$190M	$189M
Intrastate transportation and storage	$139M	$144M	$150M	$150M	$151M	$151M	$151M	$152M
Midstream	$54M	$141M	$132M	$130M	$129M	$133M	$130M	$132M
All other	—	—	—	$59M	$60M	$60M	$61M	$61M
Total	$2.89B	$3.1B	$3.27B	$3.26B	$3.24B	$3.27B	$3.59B	$3.65B

Segments

Intrastate transportation and storageView metric

Interstate transportation and storageView metric

MidstreamView metric

NGL and refined products transportation and servicesView metric

Crude oil transportation and servicesView metric

Investment in Sunoco LPView metric

All otherView metric