Feb. 3 at 11:01 AM
$ET Chat search estimate of ET increase of revenue due to cold snap.
Bottom Line
Based on recent natural gas price spikes from the cold snap and Energy Transfer’s position as a major midstream operator, a rough estimate suggests a potential incremental revenue increase in the range of ~
$4 billion to
$12 billion annually under prolonged cold conditions, with the more realistic range leaning toward
$4 B–
$8 B if elevated prices/volumes persist beyond just a few weeks.