Business Context and Reporting Period
This Form 8-K was filed by Energy Transfer Equity, L.P. on September 15, 2010. The filing serves as a current report to provide financial statements for the registrant's affiliated entities, specifically Energy Transfer Partners, L.P. (ETP) and Regency Energy Partners LP (Regency), along with their respective general partners.
Key Financial Metrics
The filing text does not provide specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. Instead, it references the inclusion of the following financial statements as exhibits:
- ETP Entities: Audited consolidated financial statements for years ended December 31, 2009 and 2008; unaudited interim statements for periods ended June 30, 2010 and 2009.
- Regency Entities: Audited consolidated financial statements for the three-year period ended December 31, 2009; unaudited interim statements for periods ended June 30, 2010 and 2009.
Material Changes
The filing does not explicitly detail material changes in financial performance or position within the text body. It directs readers to the attached exhibits (99.1 through 99.10) for the comparative financial data between the current and prior periods.
Guidance, Outlook, and Risks
The text contains no management commentary, forward-looking guidance, or specific discussion of risks and contingencies. The filing is strictly procedural, focusing on the submission of historical and interim financial data required for regulatory compliance.
Investor Verification Checklist
- Review Exhibits 99.1 and 99.2 for ETP's audited and unaudited financial statements to verify actual revenue and cash flow figures.
- Examine Exhibits 99.7 and 99.8 for Regency Energy Partners' financial performance data.
- Confirm the ownership structure: Energy Transfer Equity, L.P. owns 100% of ETP LLC, which is the sole general partner of ETP GP (general partner of ETP).
- Verify the indirect ownership of Regency GP LP's sole general partner by the Partnership.
- Check the consent of auditors Grant Thornton LLP and KPMG LLP (Exhibits 23.1 and 23.2) regarding the financial statements.