Energy Transfer Equity LP completed the two-for-one split of outstanding common units, the company said July 27. Units began trading that day on the New York Stock Exchange.
In the unit split, one ETE unit was distributed for outstanding ETE units held by unitholders on July 15.
Going forward, the quarterly distribution amount will reflect the split.
Energy Transfer Equity LP is an MLP that owns the general partner of Dallas-based Energy Transfer Partners LP.
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