Entering text into the input field will update the search result below

Energy Transfer approves 2:1 split, $1B buyback, commits $400M to RGP deal

  • Energy Transfer Equity (ETE) announces a series of steps it says will position it for further growth in 2014, including a two-for-one split of outstanding common units and a $1B buyback program.
  • ETE also commits to purchase $400M of Regency Energy Partners (NYSE:RGP) common units as part of the consideration for RGP's $1.3B acquisition of Eagle Rock Energy Partners' midstream business; ETE is the owner of the general partner of RGP.
  • Also, Trunkline LNG Export, a subsidiary of ETE and Energy Transfer Partners (ETP), has filed Draft Resource Report No. 13  with federal regulators for the Lake Charles LNG export project.

Recommended For You

About ET Stock

SymbolLast Price% Chg
Market Cap
PE
Yield (TTM)
Rev Growth (YoY)
Prev. Close
Compare to Peers

Related Stocks

SymbolLast Price% Chg
ET--
Energy Transfer LP Common Units