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Energy Transfer LP is a midstream energy company that owns and operates one of the largest and most diversified portfolios of energy assets in North America. The partnership's operations include natural gas transportation and storage, crude oil and natural gas liquids (NGL) transportation and storage, refined products transportation, and fractionation services across multiple major U.S. energy basins. Energy Transfer's extensive pipeline network and infrastructure assets connect major supply regions with key demand markets and export facilities. The partnership generates stable cash flows through long-term contracts and fee-based services, distributing substantial portions of available cash to unitholders through quarterly distributions.