Energy Transfer Equity (ETE) Misses Q3 EPS by 14c
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Energy Transfer Equity Reports Third Quarter Results
November 7, 2017 4:30 PM ESTDALLAS--(BUSINESS WIRE)-- Energy Transfer Equity, L.P. (NYSE: ETE) (ETE or the Partnership) today reported financial results for the quarter ended September 30, 2017.
ETEs net income attributable to partners was $252 million for the three months ended September 30, 2017 compared to $209 million for the three months ended September 30, 2016. Distributable Cash Flow, as adjusted, for the three months ended September 30, 2017 was $271 million compared to $281 million for the three months ended September 30, 2016. The decrease in Distributable Cash Flow, as adjusted, is primarily driven by a reduction in incentive distributions as previously agreed to between ETE and Energy... More
