Energy Transfer LP (ET) CEO Tom Long on Q3 2021 Results - Earnings Call Transcript

Energy Transfer LP (NYSE:ET) Q3 2021 Results Conference Call November 3, 2021 4:30 PM ET

Company Participants

Tom Long - Co-CEO
Mackie McCrea - Co-CEO

Conference Call Participants

Shneur Gershuni - UBS
Chase Mulvehill - Bank of America
Jean Salisbury - Bernstein
Keith Stanley - Wolfe Research
Jeremy Tonet - JPMorgan
Colton Bean - Tudor, Pickering, Holt
Michael Blum - Wells Fargo
Pearce Hammond - Piper Sandler
Christine Cho - Barclays
Michael Lapides - Goldman Sachs

Operator

Good afternoon, ladies and gentlemen, and thank you for standing by. Welcome to the Energy Transfer Third Quarter Earnings Call. [Operator Instructions] Please note, this conference is being recorded.

I will now turn the conference over to your host, Tom Long, Co-Chief Executive Officer for Energy Transfer. Thank you. You may begin.

Tom Long

Thank you, operator. Good afternoon, everyone, and welcome to the Energy Transfer Third Quarter 2021 Earnings Call, and thank you for joining us today. I'm also joined today by Mackie McCrea and other members of the senior management team who are here to help answer your questions after our prepared remarks. Hopefully, you saw the press release we issued earlier this afternoon as well as the slides posted to our website.

As a reminder, we will be making forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934. These statements are based on our current beliefs as well as certain assumptions and information currently available to us and are discussed in more detail in our quarterly report on Form 10-Q for the quarter ended September 30, 2021, which we expect to be filed tomorrow, November 4.

I'll also refer to adjusted EBITDA and distributable cash flow, or DCF, all of which are non-GAAP financial measures. You'll find a reconciliation of our non-GAAP measures on our website.