Business Context and Reporting Period
This Form 8-K filing by Energy Transfer Equity, L.P. (the "Partnership") covers the period ending March 10, 2006, with the earliest event reported on March 8, 2006. The filing addresses corporate governance changes specifically regarding the Board of Directors of LE GP, LLC, the general partner of the Partnership.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is a current report regarding a specific corporate event and does not contain financial statements or performance metrics.
Material Changes
On March 8, 2006, H. Michael Krimbill was elected to the Board of Directors of LE GP, LLC. Mr. Krimbill concurrently serves as President, Chief Financial Officer, and Director of Energy Transfer Partners, L.L.C. (ETP LLC), the general partner of Energy Transfer Partners, L.P. (ETP). The filing states there is no arrangement or understanding between Mr. Krimbill and other persons regarding his election.
Guidance, Outlook, and Risks
The filing does not provide guidance, outlook, or management commentary on future operations. It references the Partnership's final prospectus dated February 3, 2006, for disclosures regarding certain relationships and related party transactions involving Mr. Krimbill, the General Partner, and ETP entities.
Investor Verification Checklist
- Verify the details of H. Michael Krimbill's new role on the Board of Directors of LE GP, LLC.
- Review the final prospectus dated February 3, 2006 (File No. 333-128097) for full disclosure of relationships between Mr. Krimbill and related entities.
- Confirm the absence of undisclosed arrangements or understandings regarding the director election as stated in Item 5.02.