Energy Transfer

Regency Energy Partners LP (Regency) is a growth-oriented, midstream energy partnership engaged in the gathering and processing, contract compression, treating and transportation of natural gas and the transportation, fractionation and storage of natural gas liquids. On April 30, 2015, a subsidiary of ETP merged with and into Regency with Regency surviving the merger as a wholly owned subsidiary of ETP.

In connection with the Regency Merger, Regency’s operations were aggregated into ETP’s existing segments. Regency’s gathering and processing operations were aggregated into our midstream segment. Regency’s natural gas transportation operations were aggregated into our intrastate transportation and storage and interstate transportation and storage segments. Regency’s contract services and natural resources operations were aggregated into our all other segment. Additionally, in June 2015, Regency’s 30% equity interest in Lone Star was transferred to Energy Transfer, who now owns a 100% interest in Lone Star.