Business Context and Reporting Period
This Form 8-K is a current report filed by Energy Transfer Equity, L.P. on October 31, 2016. The filing addresses a specific corporate governance event regarding the Board of Directors of LE GP, LLC, the general partner of the Partnership.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is limited to a personnel change and contains no financial data.
Material Changes
The material change reported is the resignation of Ted Collins, Jr. from the Board of Directors of LE GP, LLC, effective immediately on October 31, 2016. The filing explicitly states that the resignation was not due to any disagreement with the Partnership or LE GP regarding operations, practices, or policies. Mr. Collins will continue to serve on the Board of Directors of the general partner of Energy Transfer Partners, L.P.
Guidance, Outlook, and Risks
The filing contains no guidance, outlook, management commentary on future performance, or discussion of risks and contingencies beyond the standard disclosure regarding the director's departure.
Key Facts for Investor Verification
- Ted Collins, Jr. resigned from the Board of Directors of LE GP, LLC effective October 31, 2016.
- The resignation was voluntary and not related to any disagreement with the company.
- Mr. Collins retains his position on the Board of Directors of the general partner of Energy Transfer Partners, L.P.
- No financial results or operational metrics are included in this specific filing.