Energy Transfer LP (ET) Q1 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:04.717 Good day, everyone, and welcome to the Energy Change for Q1 2025 Earnings Conference 00:00:04.717 -- 00:00:06.159 Call. 00:00:06.159 -- 00:00:08.703 All participants will be in listen-only mode. 00:00:08.703 -- 00:00:12.668 Should you need assistance today, please ring one of the conference specialists by pressing 00:00:12.668 -- 00:00:14.831 star then zero. 00:00:14.831 -- 00:00:18.296 After today's presentation, there will be an opportunity to ask questions. 00:00:18.296 -- 00:00:21.941 To ask a question, you may press star then one on your telephone keypad. 00:00:21.941 -- 00:00:25.185 To answer your question, please press star then two. 00:00:25.185 -- 00:00:28.128 Please note today's event is being recorded. 00:00:28.128 -- 00:00:31.354 I would now like to turn the conference over to Tom Long. 00:00:31.354 -- 00:00:32.997 Please go ahead. 00:00:32.997 -- 00:00:37.044 Thank you, Operator. Good afternoon, everyone, and welcome to the Energy Transfer First 00:00:37.044 -- 00:00:42.153 Quarter 2025 Earnings Call. Also joined today by Mackie McCree and 00:00:42.153 -- 00:00:46.801 other members of the Senior Management Team who are here to help answer your questions 00:00:46.801 -- 00:00:50.829 after our prepared remarks. Hopefully you saw the press release we issued earlier this 00:00:50.829 -- 00:00:55.969 afternoon. As a reminder, Our earnings release contains a thorough MD&A that 00:00:55.969 -- 00:01:00.614 goes through the segment results in detail, and we encourage everyone to look at the 00:01:00.614 -- 00:01:05.700 release, as well as the slides posted to our website to gain a full 00:01:05.700 -- 00:01:09.765 understanding of the quarter and our growth opportunities. 00:01:09.765 -- 00:01:13.890 As a reminder, we will be ...