Energy Transfer 2012 Annual Report Download - page 4

Download and view the complete annual report

Please find page 4 of the 2012 Energy Transfer annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 212

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172
  • 173
  • 174
  • 175
  • 176
  • 177
  • 178
  • 179
  • 180
  • 181
  • 182
  • 183
  • 184
  • 185
  • 186
  • 187
  • 188
  • 189
  • 190
  • 191
  • 192
  • 193
  • 194
  • 195
  • 196
  • 197
  • 198
  • 199
  • 200
  • 201
  • 202
  • 203
  • 204
  • 205
  • 206
  • 207
  • 208
  • 209
  • 210
  • 211
  • 212

Energy Transfer Partners 2012 Business Mix
Dry Gas
Gas Transmission/Storage
Interstate
Intrastate
Storage
Liquids Rich
Midstream Gathering & Processing
Lone Star NGL Transmission,
Fractionation & Storage
LNG Import and Export
Sunoco Crude Oil,
Refined Products & Retail
Energy Transfer Partners 2012 Business Snapshot
Statement of Operations Data:
Revenue $15.7 billion
Operating Income $1.39 billion
Income from Continuing $1.76 billion
Operations
Balance Sheet Data:
Total Assets $43.2 billion
Long-Term Debt $16.2 billion
Total Equity $17.3 billion
Other Financial Data:
Market Capitalization $14.2 billion
Adjusted EBITDA $2.74 billion
Cash Distributions $3.575/unit
Total Factual Data:
Pipelines 63,000 miles Natural Gas, NGL, Crude Oil & Refined Products
Facilities 42 processing, treating, conditioning & storage facilities
Gas/NGL Storage 154 Bcf/48 MMBbls
Fractionators 2 (1 under construction)
LNG 2.1 Bcf/d
Compression 4 Million HP
Crude Oil 40 Million Bbls crude oil and refined product storage capacity
Retail Locations 5,000
Energy Transfer Partners 2012 Business Highlights
Propane Business Completed contribution of propane business to AmeriGas Partners.
Southern Union Merger Acquired Southern Union's 50% interest in Citrus Corp., which owns Florida Gas Transmission.
Sunoco Acquisition Acquired Sunoco including GP interests, IDRs, and 32.4% limited partner interest in
Sunoco Logistics Partners (SXL) and Sunoco branded retail business.
Began to Streamline ETP and ETE contributed their equity interests in Southern Union and Sunoco, Inc. to the newly
Operations formed ETP Holdco to maximize commercial and operational strategies.*
Announced the sale of SUG’s regulated LDC assets to the Laclede Group for $1.035 billion.
Growth Projects Placed more than $2.1 billion of projects in the Eagle Ford Shale into service including
1,400 miles of pipeline, 127,000 HP of compression, 1.6 BDC/d of natural gas processing capacity,
400,000 Bbl/d of NGL processing capacity, and 200,000 Bbl/d of fractionation capacity.
Announced Trunkline Conversion to provide crude oil pipeline access to the eastern Gulf Coast
refinery market from the Patoka, Illinois, hub.
Completed construction of Red River Pipeline, Mont Belvieu Fractionator I, West Texas Gateway
Pipeline, Justice Pipeline, and Kenedy Processing Plant.
Construction projects include:
Jackson County Processing Plant Phase I: Expected in service Q1 2013
Godley Processing Plant Expansion: Expected in service Q3 2013
Mont Belvieu Fractionator II: Expected in service Q4 2013
Rich Eagle Ford Mainline Expansion: Expected in service Q4 2013
Energy Transfer Partners at a Glance
* All figures are just approximate as of 12-31-12 except for market capitalization, which is as of 1-31-13.
* On April 30, 2013, ETP acquired ETE’s 60% interest in ETP Holdco, which gives ETP 100% ownership in ETP Holdco.