Energy Transfer LP has released its June 2025 Investor Presentation, highlighting key financial and operational achievements for the first quarter of the year. The company reported a net income attributable to partners of $1.32 billion, marking a 7% increase compared to Q1 2024. Adjusted EBITDA for Q1 2025 stands at $4.10 billion, up 6% from the previous year. The 2025 adjusted EBITDA guidance is projected to be between $16.1 billion and $16.5 billion, with the midpoint representing a 5% increase over the full year 2024. Operational highlights include a 3% increase in interstate natural gas transportation, a 10% rise in crude oil transportation, a 4% boost in NGL transportation volumes, and a 5% increase in total NGL exports. Energy Transfer has also commenced construction of the Hugh Brinson Pipeline to expand transportation capacity from the Permian Basin. The presentation outlines Energy Transfer's strong financial position, with the company achieving leverage ratios within its target range and managing a robust distribution coverage. The company's diverse earnings streams are highlighted, with the adjusted EBITDA by segment showing significant contributions from various sectors including midstream, natural gas, and crude oil. You can access the full presentation through the link below.