10:01 AM EDT, 08/09/2024 (MT Newswires) -- Energy Transfer ( ET ) said Friday it priced an underwritten secondary public offering of about 38.8 million common units at $15.78 apiece by selling unitholders WTG Midstream and an affiliate of Stonepeak.

The selling unitholders will receive all proceeds from the offering, Energy Transfer ( ET ) said

Certain officers and directors of the company's general partner, LE GP, have committed to buy a total of about 3 million common units, the company said.

The offering is expected to close on Monday.

Price: 15.75, Change: -0.18, Percent Change: -1.13