ENERGY TRANSFER LP — Cash Flow Charts
2 years of history · ending 2025-12-31 · SEC EDGAR
Source:10-K · 10-Q
Capital Allocation
How management deploys cash: investing in the business (Capex + M&A) vs returning to shareholders (Buybacks + Dividends).
Capital Allocation Waterfall
Buybacks vs Stock-Based Comp
Net Debt Issuance
Cash Flow
Cash Flow by Activity
Operating Cash Flow
$10.15B
Free Cash Flow
$3.85B
Investing Cash Flow
$-8.37B
Financing Cash Flow
$-816M
Capex
$6.30B
Acquisitions
$250M
Stock Buybacks
—
Stock-Based Comp
$148M
Debt Issued
$32.87B
Debt Repaid
$29.41B
D&A
$5.68B
Δ Working Capital
$1.98B
SBC Allocated Expense
$148M