Operator Hello, and welcome to the Energy Transfer's third quarter 2024 earnings conference call. All participants will be in listen-only mode. [Operator instructions] After today's presentation, there will be an opportunity to ask questions.

DALLAS (AP) — DALLAS (AP) — Energy Transfer LP (ET) on Wednesday reported third-quarter net income of $1.18 billion. The Dallas-based company said it had profit of 32 cents per share. The results met Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was also for earnings of 32 cents per share.

The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.01 per share. The specialty pharmaceutical company posted revenue of $191.2 million in the period, which also missed Street forecasts.