{
  "url": "https://struct.news/briefs/energy-transfer-added-15-billion-of-sales-but-its-operating-margin-slipped",
  "title": "Energy Transfer added $15 billion of sales, but its operating margin slipped",
  "summary": "Revenue jumped 78.4% in the three months ended June 30, while operating margin fell to 10.4%.",
  "published_at": "2026-08-06T20:56:19.584658+00:00",
  "publisher": "Struct",
  "usage": "Figures are as reported by the company. Quote with attribution to the source filing.",
  "company": {
    "name": "Energy Transfer LP",
    "ticker": "ET",
    "cik": "1276187",
    "sector": "Energy",
    "industry": "Oil & Gas Midstream"
  },
  "source_filing": {
    "form": "10-Q",
    "filed": "2026-08-06",
    "accession": "0001276187-26-000038",
    "url": "https://www.sec.gov/Archives/edgar/data/1276187/000127618726000038/et-20260630.htm"
  },
  "comparison_filing": {
    "form": "10-Q",
    "filed": "2025-08-07",
    "url": "https://www.sec.gov/Archives/edgar/data/1276187/000127618725000086/et-20250630.htm"
  },
  "reported_figures": [
    {
      "group": "The filing in three numbers",
      "label": "Revenue",
      "value": 85536000000,
      "display": "$85.5B",
      "unit": "usd",
      "period": "2025-12-31",
      "detail": null,
      "source": {
        "kind": "sec_filing",
        "label": "Filed company results",
        "form": "10-Q",
        "accession": "0001276187-26-000038",
        "filing_date": "2026-08-06"
      }
    },
    {
      "group": "The filing in three numbers",
      "label": "Revenue YoY",
      "value": 3.465544144863375,
      "display": "+3.5%",
      "unit": "percent",
      "period": "2025-12-31",
      "detail": null,
      "source": {
        "kind": "jodie_calculation",
        "label": "Calculated from filed company results",
        "form": "10-Q",
        "accession": "0001276187-26-000038",
        "filing_date": "2026-08-06"
      }
    },
    {
      "group": "The filing in three numbers",
      "label": "Operating margin",
      "value": 10.553451178451178,
      "display": "+10.6%",
      "unit": "percent",
      "period": "2025-12-31",
      "detail": null,
      "source": {
        "kind": "jodie_calculation",
        "label": "Calculated from filed company results",
        "form": "10-Q",
        "accession": "0001276187-26-000038",
        "filing_date": "2026-08-06"
      }
    }
  ],
  "watch_next": [
    {
      "type": "demand",
      "statement": "Transported volumes decreased on the Trunkline, Gulf Run, and Mississippi River systems because of lower demand.",
      "importance": "medium",
      "evidence": "For the three and six months ended June 30, 2026 compared to the same periods last year, transported volumes decreased primarily due to lower utilization on our Trunkline, Gulf Run and Mississippi River systems due to lower demand.",
      "source_date": "2026-08-06"
    }
  ],
  "related_tickers": [
    "ET"
  ],
  "disclaimer": "Descriptive reporting of filed results. Not investment advice, and contains no forecast or recommendation."
}