Risk Factors Update Summary
- Legal and regulatory risks could adversely impact operations, including potential prohibitions on terminal construction.
- Compensation for services is now commodity-based, which may be more impacted by changes in NGL prices.
- Cybersecurity threats, including malware and phishing schemes, could compromise operational abilities.
- Fluctuations in energy prices can negatively affect drilling activity, production rates, and investments.
- Goodwill and intangible assets totaling $7.6 billion could be impaired, leading to material non-cash charges.
- Changes in U.S. climate change strategy could significantly impact business operations and growth strategies.
- Withholding taxes on distributions to non-U.S. unitholders may be subject to the highest applicable effective tax rate.
Full Text Changes in Most Recent 10-K
Intended use: review the highlighted statements. These are additions to the risk factors disclosure in the most recent 10-K filing compared to the previous 10-K filing. Deleted and moved text is less important and is shown for context.
To view the full company filings, click on the following link to be taken to the SEC EDGAR database landing page for the company: https://www.sec.gov/edgar/browse/?CIK=1552000&owner=exclude
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