Sunoco Logistics Partners (SXL) Tops Q2 EPS by 43c
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Energy Transfer Equity Reports Second Quarter Results
August 5, 2015 5:14 PM EDTDALLAS--(BUSINESS WIRE)-- Energy Transfer Equity, L.P. (NYSE: ETE) (ETE or the Partnership) today reported financial results for the quarter ended June 30, 2015.
Distributable Cash Flow, as adjusted, for the three months ended June 30, 2015 was $335 million compared to $218 million for the three months ended June 30, 2014, an increase of $117 million. Distributable Cash Flow, as adjusted, per unit was $0.31 for the three months ended June 30, 2015, an increase of 55% compared to the three months ended June 30, 2014. ETEs net income attributable to partners was $298 million for the three months ended June 30, 2015 compared to $164 million for the three months... More
Energy Transfer Partners Reports Second Quarter Results
August 5, 2015 5:12 PM EDTDALLAS--(BUSINESS WIRE)-- Energy Transfer Partners, L.P. (NYSE: ETP) (ETP or the Partnership) today reported its financial results for the quarter ended June 30, 2015. Adjusted EBITDA for ETP for the three months ended June 30, 2015 totaled $1.49 billion, an increase of $95 million compared to the same period last year. Distributable Cash Flow attributable to the partners of ETP, as adjusted, for the three months ended June 30, 2015 totaled $894 million, an increase of $149 million compared to the same period last year. Income from continuing operations for the three months ended June 30, 2015 was $839 million, an increase of $334 million... More
Sunoco Logistics Announces Record Earnings for Second Quarter 2015 and Continued Five Percent Quarter on Quarter Distribution Growth
August 5, 2015 4:15 PM EDTPHILADELPHIA--(BUSINESS WIRE)-- Sunoco Logistics Partners L.P. (NYSE: SXL) (the "Partnership") today announced record results for the second quarter 2015. Adjusted EBITDA for the three months ended June 30, 2015 was $326 million, a $46 million increase compared to the second quarter 2014. Net income attributable to partners for the second quarter 2015 was $276 million ($0.83 per limited partner unit diluted), which included a $100 million inventory adjustment resulting from the increase in commodity prices. This non-cash benefit was excluded from the Partnership's determination of Adjusted EBITDA and Distributable Cash Flow. Net income attributable to partners was $156 million ($0.53 per limited partner unit... More
