Energy Transfer Partners (ETP) Reports Q4 Loss Per Share of $1.47

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Go back to Energy Transfer Partners (ETP) Reports Q4 Loss Per Share of $1.47

Energy Transfer Partners Reports Fourth Quarter Results

February 22, 2017 4:53 PM EST

DALLAS--(BUSINESS WIRE)-- Energy Transfer Partners, L.P. (NYSE: ETP) today reported its financial results for the quarter ended December 31, 2016. For the three months ended December 31, 2016 Energy Transfer Partners, L.P. (ETP or the Partnership) reported a net loss of $362 million, a decrease of $383 million compared to net income of $21 million for the same period last year, primarily due to non-cash impairments of $813 million recorded in the current period. Adjusted EBITDA for the three months ended December 31, 2016 totaled $1.43 billion, an increase of $73 million over the same period last year. Distributable Cash Flow attributable... More