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Energy Transfer Announces Cash Distribution for Second Quarter of 2013

  Energy Transfer Announces Cash Distribution for Second Quarter of 2013

            Energy Transfer Equity Declares Distribution Increase

Business Wire

DALLAS -- July 25, 2013

Energy Transfer Partners, L.P. (NYSE: ETP) and Energy Transfer Equity, L.P.
(NYSE: ETE) today announced that the Board of Directors of each Partnership
has approved quarterly distributions for the quarter ended June 30, 2013.

ETP’s Board of Directors has approved a quarterly distribution of $0.89375 per
unit ($3.575 annualized) on ETP common units for the quarter ended June 30,
2013. The cash distribution will be paid on August 14, 2013 to unitholders of
record as of the close of business on August 5, 2013.

ETE’s Board of Directors has approved a quarterly distribution of $0.655 per
unit ($2.62 annualized) on ETE common units for the quarter ended June 30,
2013. The quarterly distribution of $0.655 represents an increase of $0.04 per
common unit on an annualized basis. This is the third consecutive quarter that
ETE has raised its distribution. The cash distribution will be paid on August
19, 2013 to unitholders of record as of the close of business on August 5,
2013.

Both partnerships expect to release earnings for the quarter ended June 30,
2013 on Wednesday, August 7, 2013, after the market closes. ETP and ETE will
conduct a joint conference call on Thursday, August 8, 2013 at 8:30 a.m.
Central Time to discuss their quarterly results. The conference call will be
broadcast live via an internet web cast, which can be accessed through
www.energytransfer.com. The call will also be available for replay on Energy
Transfer’s web site for a limited time.

Company: Energy Transfer Partners, L.P. (NYSE: ETP)
Record Date: August 5, 2013
Ex-Date: August 1, 2013
Payment Date: August 14, 2013
Amount Paid: $0.89375 per Common Unit

Company: Energy Transfer Equity, L.P. (NYSE: ETE)
Record Date: August 5, 2013
Ex-Date: August 1, 2013
Payment Date: August 19, 2013
Amount Paid: $0.655 per Common Unit

Energy Transfer Partners, L.P. (NYSE: ETP) is a master limited partnership
owning and operating one of the largest and most diversified portfolios of
energy assets in the United States. ETP currently has natural gas operations
that include approximately 47,000 miles of gathering and transportation
pipelines, treating and processing assets, and storage facilities. ETP owns
100% of ETP Holdco Corporation, which owns Southern Union Company and Sunoco,
Inc., and a 70% interest in Lone Star NGL LLC, a joint venture that owns and
operates natural gas liquids storage, fractionation and transportation assets.
ETP also owns the general partner, 100% of the incentive distribution rights,
and approximately 33.5 million limited partner units in Sunoco Logistics
Partners L.P. (NYSE:SXL), which operates a geographically diverse portfolio of
crude oil and refined products pipelines, terminalling and crude oil
acquisition and marketing assets. ETP’s general partner is owned by Energy
Transfer Equity (NYSE: ETE). For more information, visit the Energy Transfer
Partners, L.P. web site at www.energytransfer.com.

Energy Transfer Equity, L.P. (NYSE: ETE) is a master limited partnership that
owns the general partner and 100% of the incentive distribution rights (IDRs)
of Energy Transfer Partners, L.P. (NYSE:ETP) and approximately 99.7 million
ETP common units; and owns the general partner and 100% of the IDRs of Regency
Energy Partners LP (NYSE:RGP) and approximately 26.3 million RGP limited
partner units. The ETE family of companies owns more than 71,000 miles of
natural gas, natural gas liquids, refined products, and crude pipelines. For
more information, visit the Energy Transfer Equity, L.P. web site at
www.energytransfer.com.

Regency Energy Partners LP (NYSE: RGP) is a growth-oriented, midstream energy
partnership engaged in the gathering and processing, contract compression,
treating and transportation of natural gas and the transportation,
fractionation and storage of natural gas liquids. RGP also holds a 30%
interest in Lone Star NGL LLC, a joint venture that owns and operates natural
gas liquids storage, fractionation, and transportation assets in Texas,
Louisiana and Mississippi. Regency’s general partner is owned by Energy
Transfer Equity, L.P. (NYSE:ETE). For more information, visit the Regency
Energy Partners LP web site at www.regencyenergy.com.

Sunoco Logistics Partners L.P. (NYSE: SXL), headquartered in Philadelphia, is
a master limited partnership that owns and operates a logistics business
consisting of a geographically diverse portfolio of complementary crude oil
and refined product pipeline, terminalling, and acquisition and marketing
assets. SXL’s general partner is owned by Energy Transfer Partners, L.P.
(NYSE: ETP). For more information, visit the Sunoco Logistics Partners, L.P.
web site at www.sunocologistics.com.

Forward-Looking Statements

This press release may include certain statements concerning expectations for
the future that are forward-looking statements as defined by federal law. Such
forward-looking statements are subject to a variety of known and unknown
risks, uncertainties, and other factors that are difficult to predict and many
of which are beyond management’s control. An extensive list of factors that
can affect future results are discussed in the Partnerships’ Annual Reports on
Form 10-K and other documents filed from time to time with the Securities and
Exchange Commission. The Partnerships undertake no obligation to update or
revise any forward-looking statement to reflect new information or events.

This release serves as qualified notice to nominees as provided for under
Treasury Regulation section 1.1446-4(b)(4) and (d). Please note that 100
percent of Energy Transfer Partners, L.P.’s and Energy Transfer Equity, L.P.’s
distributions to foreign investors are attributable to income that is
effectively connected with a United States trade or business. Accordingly, all
of Energy Transfer Partners, L.P.’s and Energy Transfer Equity, L.P.’s
distributions to foreign investors are subject to federal tax withholding at
the highest applicable effective tax rate. Nominees are treated as withholding
agents responsible for withholding distributions received by them on behalf of
foreign investors.

The information contained in this press release is available on our web site
at www.energytransfer.com.

Contact:

Investor Relations:
Energy Transfer
Brent Ratliff, 214-981-0700
or
Media Relations:
Granado Communications Group
Vicki Granado, 214-599-8785
214-498-9272 (cell)