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For the year ended December 31, 2020 compared to the prior year, Segment Adjusted EBITDA related to our NGL and refined products transportation and services segment increased due to the net impacts of the following: an increase of $179 million in transportation margin primarily due to a $128 million increase from higher throughput volumes on our Mariner East pipeline system, a $53 million increase from higher throughput volumes received from the Permian region, a $17 million increase due to the initiation of service on our JC Nolan diesel fuel pipeline in the third quarter of 2019, a $14 million increase from higher throughput volumes from the Barnett region, a $12 million increase from higher volumes from the South Texas region and a $3 million increase due to higher throughput on our Mariner West pipeline.
For the year ended December 31, 2021 compared to the prior year, Segment Adjusted EBITDA related to our NGL and refined products transportation and services segment increased due to the net impacts of the following: an increase of $121 million in transportation margin due to a $105 million increase due to higher export volumes feeding into our Nederland Terminal, a $40 million increase from higher throughput on our Mariner pipeline systems, a $35 million intrasegment gain related to cavern withdrawals which is offset in our fractionators margin, intrasegment capacity lease revenues of $25 million which are fully offset by a charge reflected in our marketing margin and an $18 million increase in refined products transportation due primarily to recovery from COVID-19 related demand reduction in the prior period.
Refined products transportation volumes decreased for the year ended December 31, 2020 compared to prior year due to the closure of a third-party refinery during the third quarter of 2019, which negatively impacted supply to our refined products transportation system, and less domestic demand for jet fuel and other refined products.
For the year ended December 31, 2020 compared to the prior year, Segment Adjusted EBITDA related to our midstream segment increased due to the net impacts of the following: an increase of $55 million in fee-based margin due to the impact of the SemGroup acquisition in the Mid-Continent/Panhandle region and recognized $103 million related to the restructuring and assignment of certain gathering and processing contracts in the Ark-La-Tex region, which included the recognition of $75 million of deferred revenue received in prior periods.
Trends and Outlook Recent market disruptions involving the COVID-19 pandemic have negatively impacted our earnings and cash flows from operations and may continue to do so.
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Losses on interest rate derivatives...Read more
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NGL and refined products terminal...Read more
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USAC Credit Facility As of...Read more
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Volumes on our Texas pipeline...Read more
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Regulatory Update Interstate Natural Gas...Read more
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Adjusted EBITDA is a non-GAAP...Read more
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The FERC has not taken...Read more
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Sunoco LP Credit Facility As...Read more
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Energy Transfer Canada Credit Facilities...Read more
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The Partnership believes the estimates...Read more
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Refined products transportation volumes increased...Read more
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An impairment loss should be...Read more
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The tables below identify the...Read more
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Description of Indebtedness Our outstanding...Read more
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Financial Statements and Supplementary Data,"...Read more
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Investing Activities Cash flows from...Read more
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The applicable margin for eurodollar...Read more
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Covenants Related to USAC The...Read more
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Ticker: ET
CIK: 1276187
Form Type: 10-K Annual Report
Accession Number: 0001276187-22-000020
Submitted to the SEC: Fri Feb 18 2022 12:25:56 PM EST
Accepted by the SEC: Fri Feb 18 2022
Period: Friday, December 31, 2021
Industry: Natural Gas Transmission