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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
April 24, 2008
Date of Report (Date of earliest event reported)
ENERGY TRANSFER EQUITY, L.P.
(Exact name of Registrant as specified in its charter)
         
Delaware
(State or other jurisdiction
of incorporation)
  1-32740
(Commission
File Number)
  30-0108820
(IRS Employer
Identification Number)
3738 Oak Lawn Avenue,
Dallas, TX 75219
(Address of principal executive offices)
(214) 981-0700
(Registrant’s telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 

 


 

Item 7.01   Regulation FD Disclosure.
     On April 24, 2008, Energy Transfer Equity, L.P. (the “Partnership”) issued a press release announcing an increase in its quarterly distribution to unitholders. A copy of the press release is set forth in Exhibit 99.1 and is incorporated herein by reference. In accordance with General Instruction B.2 of Form 8-K, the information set forth in the attached Exhibit 99.1 is deemed to be “furnished” and shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”).
Item 8.01   Other Events.
     On April 24, 2008, the Partnership issued a press release announcing an increase in its quarterly distribution to unitholders.
Item 9.01.   Financial Statements and Exhibits.
     (d) Exhibits. In accordance with General Instruction B.2 of Form 8-K, the information set forth in the attached Exhibit 99.1 is deemed to be “furnished” and shall not be deemed to be “filed” for purposes of Section 18 of the Exchange Act.
     
Exhibit Number   Description of the Exhibit
   
 
Exhibit 99.1  
Energy Transfer Equity, L.P. Press Release, dated April 24, 2008.

 


 

SIGNATURES
     Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
             
    Energy Transfer Equity, L.P.    
 
           
 
  By:   LE GP, LLC,    
 
      its general partner    
 
           
Date: April 25, 2008
      /s/ John W. McReynolds
 
   
 
      John W. McReynolds    
 
      President and Chief Financial Officer    

 


 

Exhibit Index
     
Exhibit Number   Description of the Exhibit
   
 
Exhibit 99.1  
Energy Transfer Equity, L.P. Press Release, dated April 24, 2008.

 

exv99w1
 

Exhibit 99.1
(ENERGY TRANSFER LOGO)
FOR IMMEDIATE RELEASE
ENERGY TRANSFER DECLARES
INCREASE IN UNITHOLDER DISTRIBUTIONS
DALLAS — April 24, 2008 — Energy Transfer Partners, L.P. (NYSE:ETP) and Energy Transfer Equity, L.P. (NYSE:ETE) today announced respective quarterly distribution increases. ETP has approved its new quarterly distribution of $0.86875 per unit ($3.475 annualized) on ETP’s outstanding common units for the quarter ended March 31, 2008. The new quarterly distribution of $0.86875 per common unit will be paid on May 15, 2008 to Unitholders of record as of the close of business on May 5, 2008.
ETE has also approved its new quarterly distribution of $0.44 per unit ($1.76 annualized) on ETE’s outstanding common units for the quarter ended March 31, 2008. The new quarterly distribution of $0.44 per common unit will be paid on May 19, 2008 to Unitholders of record as of the close of business on May 5, 2008.
“Our confidence in the partnerships’ growth prospects is reflected in our decision to again increase both the ETP and ETE distributions,” said Brian Jennings, Chief Financial Officer of Energy Transfer Partners. “We are off to a very strong start with our first quarter results expected to exceed our guidance.”
Both Partnerships expect to release earnings for the First Quarter 2008 ended March 31, 2008 on Monday, May 12, 2008, after the market closes. A conference call has been scheduled for 8:00 a.m. Central Time, Tuesday, May 13th to discuss these quarterly results. The dial-in number for this call is 1-800-230-1074, participant code: Energy Transfer.
Energy Transfer Partners, L.P. (NYSE:ETP) is a publicly traded partnership owning and operating a diversified portfolio of energy assets. ETP has pipeline operations in Arizona, Colorado, Louisiana, New Mexico and Utah, and owns the largest intrastate pipeline system in Texas. ETP’s natural gas operations include intrastate natural gas gathering and transportation pipelines, natural gas treating and processing assets and three natural gas storage facilities located in Texas. These assets include approximately 14,000 miles of intrastate pipeline in service, with approximately 500 miles of intrastate pipeline under
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Energy Transfer/Page 2
construction, and 2,400 miles of interstate pipeline. ETP is also one of the three largest retail marketers of propane in the United States, serving more than one million customers across the country.
Energy Transfer Equity, L.P. (NYSE:ETE) owns the general partner of Energy Transfer Partners and approximately 62.5 million ETP limited partners units. Together ETP and ETE have a combined enterprise value of approximately $20 billion.
The information contained in this press release is available on our website at www.energytransfer.com.
Company: Energy Transfer Partners, L.P. (NYSE:ETP)
Record Date:
May 5, 2008
Ex Date: May 1, 2008
Payment Date: May 15, 2008
Amount Paid: $0.86875 per Common Unit
Company: Energy Transfer Equity, L.P. (NYSE:ETE)
Record Date:
May 5, 2008
Ex Date: May 1, 2008
Payment Date: May 19, 2008
Amount Paid: $0.44 per Common Unit
Contacts:
Investor Relations:

Renee Lorenz
Energy Transfer
214-981-0700 (office)
Media Relations:
Vicki Granado
Gittins & Granado
214.504.2260 (office)
214.498.9272 (cell)
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