Energy Transfer Equity (ETE) Reports Q2 EPS of $0.19

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Energy Transfer Equity Reports Second Quarter Results

August 8, 2017 5:00 PM EDT

DALLAS--(BUSINESS WIRE)-- Energy Transfer Equity, L.P. (NYSE: ETE) (ETE or the Partnership) today reported financial results for the quarter ended June 30, 2017.

ETEs net income attributable to partners was $212 million for the three months ended June 30, 2017 compared to $241 million for the three months ended June 30, 2016. Distributable Cash Flow, as adjusted, for the three months ended June 30, 2017 was $240 million compared to $276 million for the three months ended June 30, 2016. The decreases in net income attributable to partners and Distributable Cash Flow, as adjusted, were primarily driven by a reduction in incentive distributions as... More