Energy Transfer Equity (ETE) will raise its quarterly distribution to $0.45 per unit.

Adjusting for the ETE unit split completed in January 2014, the quarterly distribution of $0.45 per ETE common unit represents a distribution increase of 30% on an annualized basis compared to the fourth quarter of 2013. This also represents an annualized distribution increase of $0.14 per common unit, or 8.4%, compared to the third quarter of 2014 and marks the ninth consecutive quarter that ETE has raised its distribution. The cash distribution will be paid on February 19, 2015 to unitholders of record as of the close of business on February 6, 2015.

Energy Transfer Equity, L.P. is a master limited partnership that owns the general partner and 100% of the incentive distribution rights (IDRs) of Energy Transfer Partners, L.P. (ETP) and Sunoco LP (SUN). ETE also owns Lake Charles LNG Company. On a consolidated basis, ETE’s family of companies owns and operates a diverse portfolio of natural gas, natural gas liquids, crude oil and refined products assets, as well as retail and wholesale motor fuel operations and LNG terminalling.