UNITED ~~STATES~~STATESSECURITIES AND EXCHANGE COMMISSION

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

of The Securities Exchange Act of 1934


February 17, 2026
Date of Report (Date of earliest event reported)

ENERGY TRANSFER LP
(Exact name of Registrant as specified in its charter)

Delaware	1-32740	30-0108820
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)

Date of Report (Date of earliest event reported): January 27, 2026

ENERGY TRANSFER LP

(Exact name of registrant as specified in its charter)

Delaware		1-32740		30-0108820
(State or other jurisdiction of incorporation)		(Commission File Number)		(IRS Employer Identification No.)

8111 Westchester Drive, Suite 600

Dallas, Texas 75225

(Address of principal executive offices,) ~~including~~ (zip code)

(214) 981-0700 (Registrant’s telephone number, including area code)

~~(Registrant’s~~Check ~~telephone~~the ~~number,~~appropriate ~~including~~box ~~area~~below ~~code)~~if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

N/A

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

~~TradingSymbol(s)~~

~~Name of each exchangeon which registered~~

Trading symbol(s)

Name of each exchange on which registered

Common Units

~~New York Stock Exchange~~

New York Stock Exchange

9.250% Series I Fixed Rate Perpetual Preferred Units

~~ETprI~~

~~New York Stock Exchange~~

ETprI

New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ ¨

Item 1 2.0102. ~~Entry~~Results ~~into~~of aOperations ~~Material~~and ~~Definitive~~Financial ~~Agreement~~Condition.

On ~~January~~February 2717, 2026, Energy Transfer LP (the “Partnership”) ~~completed~~issued ~~its~~a ~~previously~~press ~~reported~~release ~~underwritten~~announcing ~~public offering (the “Offering”) of $1,000,000,000 aggregate principal amount of~~ its ~~4.550%~~financial ~~Senior Notes due 2031 (the “2031 Notes”), $1,000,000,000 aggregate principal amount of its 5.350% Senior Notes due 2036 (the “2036 Notes”)~~ and ~~$1,000,000,000~~operating ~~aggregate~~results ~~principal~~for ~~amount of its 6.300% Senior Notes due 2056 (~~the ~~“2056~~fiscal ~~Notes”~~year and, ~~together~~fourth ~~with~~fiscal ~~the~~quarter ~~2031~~ended ~~Notes~~December ~~and the 2036 Notes~~31, ~~the “Notes”)~~2025. ~~The~~A ~~Notes~~copy ~~were~~of ~~issued~~this ~~under~~press ~~the~~release ~~Indenture,~~is ~~dated~~furnished as ofExhibit ~~December 14,~~99.1 ~~2022~~to ~~(the~~this ~~“Indenture”),~~report ~~between the Partnership~~ and ~~U.S.~~is ~~Bank~~incorporated ~~Trust~~herein ~~Company, National Association, as trustee, as supplemented~~ by ~~the Tenth Supplemental Indenture, dated as of January 27, 2026 (the “Tenth Supplemental Indenture”)~~reference.

~~The~~In ~~Offering~~accordance ~~was~~with ~~registered~~General ~~under~~Instruction ~~the~~B.2 ~~Securities Act~~ of ~~1933, as amended (the “Securities Act”), pursuant to a Registration Statement on~~ Form S8-~~3ASR~~K, ~~(File No. 333-279982) of~~ the ~~Partnership,~~information ~~which~~set ~~became~~forth ~~effective~~in onthis ~~June~~Item 6,2.02 ~~2024,~~and asin ~~supplemented by~~ the ~~Prospectus~~attached ~~Supplement,~~exhibit ~~dated~~shall ~~January 12,~~be ~~2026~~deemed ~~(together~~to ~~with~~be ~~the~~“furnished” ~~accompanying~~and ~~prospectus,~~not ~~dated~~be ~~June 5,~~deemed ~~2024,~~to ~~the~~be “~~Prospectus Supplement~~filed”), ~~filed~~for ~~with~~purposes of the Securities ~~and~~ Exchange ~~Commission~~Act ~~pursuant to Rule 424(b)~~ of ~~the Securities Act on January 14~~1934, ~~2026.~~as ~~The~~amended ~~legal opinion related to~~ (the ~~Notes~~“Exchange ~~is included as Exhibit 5~~Act”).~~1 to this Current Report on Form 8-K.~~

The terms of the Notes and the Tenth Supplemental Indenture are further described in the Prospectus Supplement under the captions “Description of the Notes” and “Description of Debt Securities.” Such descriptions do not purport to be complete and are qualified by reference to the Indenture and the Tenth Supplemental Indenture, copies of which are filed as Exhibit 4.1 and Exhibit 4.2, respectively, to this Current Report on Form 8-K and incorporated by reference into this Item 1.01.

Item 2.03. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement.

The information set forth under “Item 1.01. Entry into a Material Definitive Agreement” is incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits. In accordance with General Instruction B.2 of Form 8-K, the information set forth in the attached Exhibit 99.1 is deemed to be “furnished” and shall not be deemed to be “filed” for purposes of Section 18 of the Exchange Act.

Exhibit Number	~~Description of the Exhibit~~	Description of the Exhibit
4.1	Indenture, dated as of December 14, 2022, between Energy Transfer LP, as issuer, and U.S. Bank Trust Company, National Association, as trustee (incorporated by reference to Exhibit 4.1 to Form 8-K (File No. 1-32740) filed December 14, 2022).
99.1		Energy Transfer LP Press Release dated February 17, 2026
4.2	Tenth Supplemental Indenture, dated as of January 27, 2026, between Energy Transfer LP, as issuer, and U.S. Bank Trust Company, National Association, as trustee.
104		Cover Page Interactive Data File (formatted as inline XBRL and contained in Exhibit 101)
4.3	Forms of Senior Notes (included in Exhibit 4.2 hereto).
5.1	Opinion of Latham & Watkins LLP related to the Notes.
23.1	Consent of Latham & Watkins LLP (included in Exhibit 5.1 hereto).
104	Cover Page Interactive Data File (embedded within the Inline XBRL document).

~~SIGNATURES~~ SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	~~ENERGY TRANSFER LP~~		ENERGY TRANSFER LP
	By: LE GP, LLC, its general partner
			By:	LE GP, LLC, its general partner
Date: January 27, 2026	/s/ Dylan A. Bramhall
Date:		February 17, 2026	By:	/s/ Dylan A. Bramhall
	~~Dylan A. Bramhall~~			Dylan A. Bramhall
	~~Executive Vice President and Group Chief Financial Officer~~			Executive Vice President and Group Chief Financial Officer

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