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Energy Transfer (ET) Forms JV With Sunoco in Permian Basin
ETEnergy Transfer(ET) ZACKS·2024-07-17 16:17

Energy Transfer, based in Dallas, will serve as the operator of the newly formed JV. The partnership is expected to be immediately accretive to distributable cash flow for both Energy Transfer and Sunoco, reflecting the strategic and financial benefits of this collaboration. The collaboration marks a significant step in the evolution of both Energy Transfer and Sunoco, as they leverage their combined assets and expertise to optimize operations, increase efficiencies and drive growth in the highly competitiv ...