Energy Transfer Equity (ETE) Tops Q1 EPS by 1c

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Energy Transfer Partners Reports First Quarter Results

May 4, 2016 5:25 PM EDT

DALLAS--(BUSINESS WIRE)-- Energy Transfer Partners, L.P. (NYSE: ETP) (ETP or the Partnership) today reported its financial results for the quarter ended March 31, 2016. Adjusted EBITDA for ETP for the three months ended March 31, 2016 totaled $1.41 billion, an increase of $46 million compared to the same period last year. Distributable Cash Flow attributable to the partners of ETP, as adjusted, for the three months ended March 31, 2016 totaled $793 million, a decrease of $51 million compared to the same period last year. Net income for the three months ended March 31, 2016 was $376 million, an increase of $108 million compared to the same period... More

Energy Transfer Equity Reports First Quarter Results

May 4, 2016 5:24 PM EDT

DALLAS--(BUSINESS WIRE)-- Energy Transfer Equity, L.P. (NYSE: ETE) (ETE or the Partnership) today reported financial results for the quarter ended March 31, 2016.

Distributable Cash Flow, as adjusted, for the three months ended March 31, 2016 was $349 million compared to $321 million for the three months ended March 31, 2015, an increase of $28 million. Distributable Cash Flow, as adjusted, per unit was $0.33 for the three months ended March 31, 2016, an increase of 10% compared to the three months ended March 31, 2015. ETEs net income attributable to partners was $312 million for the three months ended March 31, 2016 compared to $284 million for the three months... More

Sunoco LP Announces 1Q 2016 Earnings Conference Call Schedule

May 4, 2016 7:45 AM EDT

HOUSTON, April 21, 2016 /PRNewswire/ -- Sunoco LP (NYSE: SUN) will release its first quarter 2016 financial and operating results after the market closes on Wednesday, May 4. In conjunction with the news release, management will hold a conference call on Thursday, May 5, at 9:00 a.m. Central Time (10:00 a.m. Eastern Time) to discuss the Partnership's results.... More