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Energy Transfer expects $2.4 bln boost from winter storm

Energy Transfer LP expects to gain roughly $2.4 billion from Winter Storm Uri, which knocked out power and halted the distribution of natural gas in Texas to homes and businesses, company executives on Thursday said. Dallas-based Energy Transfer, which operates energy pipelines and storage tanks, was able to cash in on soaring prices for natural gas during and after the storm froze in production and crippled energy transportation infrastructure.

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