Energy Transfer LP (ET) Q1 2026 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:04.998 Good morning and welcome to the Energy Transfer First Quarter 2026 Earnings Call. 00:00:04.998 -- 00:00:07.582 All participant lines will be in the listen-only mode. 00:00:07.582 -- 00:00:10.906 Should you need assistance, please signal a conference specialist by pressing the star 00:00:10.906 -- 00:00:13.290 key followed by zero. 00:00:13.290 -- 00:00:16.855 After today's presentation, there will be an opportunity to ask questions. 00:00:16.855 -- 00:00:20.620 To ask a question, you may press star and then one on your touchtone phone. 00:00:20.620 -- 00:00:23.744 To withdraw your question, you may press star and then two. 00:00:23.744 -- 00:00:26.812 Please note, this event is being recorded. 00:00:26.812 -- 00:00:29.014 I would now like to turn the conference call over to Mr. 00:00:29.014 -- 00:00:34.778 Tom Long, Co-Chief Executive Officer. Thank you, and over to you. 00:00:38.343 -- 00:00:42.287 Thank you, Operator, and good morning, everyone, and welcome to the Energy Transfer First 00:00:42.287 -- 00:00:47.472 Quarter 2026 Earnings Call. I'm also joined today by Mackie McCree, Dylan 00:00:47.472 -- 00:00:52.136 Bramhall, and other members of the Senior Management Team who are here to help answer 00:00:52.136 -- 00:00:54.976 your questions after our prepared remarks. 00:00:54.976 -- 00:00:58.159 Hopefully you saw the press release we issued earlier this morning. 00:00:58.159 -- 00:01:03.524 As a reminder, our earnings release contains an update to guidance and a thorough MD&A 00:01:03.524 -- 00:01:08.248 that goes through the segment results in detail, and we encourage everyone to take a 00:01:08.248 -- 00:01:13.292 look at the press release, as well as the slides posted to our website to gain a 00:01:13.292 -- 00:01:17.156 fu...