QUANTUMONLINE.COM SECURITY DESCRIPTION:  Energy Transfer LP, formerly Energy Transfer Operating, L.P. 7.60% Series E Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units, liquidation preference $25 per unit, redeemable at the issuer's option on or after 5/15/2024 at $25 per unit plus accrued and unpaid distributions, and with no stated maturity. Cumulative distributions of 7.60% per annum ($1.90 per annum or $0.475 per quarter) will be paid quarterly on 2/15, 5/15, 8/15 & 11/15 to holders of record on the record date that will be the first Business Day of the month of the Payment Date (NOTE: the ex-dividend date is one business day prior to the record date). On and after 5/15/2024, distributions on the Units will accumulate for each distribution period at a percentage of the $25.00 liquidation preference equal to an annual floating rate of the three-month LIBOR plus a spread of 5.161% per annum. Holders of the Preferred Units will receive specific tax information from the company, including a Schedule K-1 which generally would be expected to provide a single income item equal to the preferred return (see page 63 of the prospectus for details). Upon a Rating Event, the issuer may redeem the Units, at a price of $25.50 per Unit plus an amount equal to all accumulated and unpaid distributions. This security was not rated by Moody’s or S&P at the time of its IPO. In regard to the payment of distributions and upon liquidation, the preferred shares rank junior to the company's senior debt, equally with other preferreds of the company, and senior to the common shares of the company. See the IPO prospectus for further information on the preferred stock by clicking on the ‘Link to IPO Prospectus’ provided below.

Stock Exchange	Cpn Rate Ann Amt	LiqPref CallPrice	Call Date Matur Date	Moodys/S&P Dated	Distribution Dates	15% Tax Rate
NYSE Chart	FixFloat $1.90	$25.00 $25.00	5/15/2024 None	WR WR 2/20/2024	2/15, 5/15, 8/15 & 11/15 Click for MW ExDiv Date Click for Yahoo ExDiv Date	No

Notes:  January 10, 2024 - Energy Transfer issued a notice to redeem all of its outstanding (i) Series C preferred units at a redemption price per unit of $25.607454, which is equal to $25.00 per unit plus unpaid distributions to, but excluding, February 9, 2024 (the “Redemption Date”), and (ii) Series D preferred units at a redemption price per unit of $25.619877, which is equal to $25.00 per unit plus unpaid distributions to, but excluding, the Redemption Date. The cash distribution for the Series E and Series I unitholders will be paid on February 15, 2024 to Series E and Series I unitholders of record as of the close of business on February 1, 2024. Notice of redemption with respect to the Series E preferred units will be issued at a later date and such units will be redeemed once redeemable on May 15, 2024. April 1, 2021 -- Energy Transfer LP, a Delaware limited partnership (“ET”), together with its subsidiaries Energy Transfer Operating, L.P., a Delaware limited partnership (“ETO”), Sunoco Logistics Partners Operations L.P., a Delaware limited partnership (“SXL”), and Sunoco Logistics Partners GP LLC, a Delaware limited liability company (“SXL GP”), consummated several internal reorganization transactions, including: completing the merger (the “Equity Rollup Merger”) of ETO Merger Sub LLC, a Delaware limited liability company and a wholly owned direct subsidiary of ET (“Merger Sub”), with and into ETO, with ETO surviving, pursuant to the previously announced and filed Agreement and Plan of Merger, dated as of March 5, 2021, by and among ET, ETO and Merger Sub, and in connection therewith issuing new preferred units representing limited partner interests in ET with substantially equivalent preferences, rights, powers, duties and obligations as the previously outstanding preferred units in ETO prior to the Equity Rollup Merger; and causing SXL and SXL GP to merge with and into ETO, with ETO surviving, and immediately thereafter, causing ETO to merge with and into ET, with ET surviving (together, the “Debt Rollup Mergers”), in each case pursuant to agreements and plans of merger entered into as of April 1, 2021.

Company's Online Information Links

HOME PAGE:     https://www.energytransfer.com/
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Company's Online SEC EDGAR Filings

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Company's Email Address Links

Email Address	InvestorRelations@energytransfer.com
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Address and Phone Numbers

Address:   8111 Westchester Drive, Suite 600, Dallas, TX 75225
Main Phone Number	214-981-0700
Fax Number	214-981-0703
Investor Relations   Lyndsay Hannah	214-981-0795
Toll Free Phone Number	Unknown

CEO - Kelcy L. Warren

CEO - Mackie McCrea

CFO - Dylan Bramhall