Energy Transfer Equity (ETE) Misses Q2 EPS by 15c, Revenue Beats
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August 8, 2018 4:30 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, 2018.
ETEs net income attributable to partners was $355 million for the three
months ended June 30, 2018, an increase of $143 million compared to the
three months ended June 30, 2017. Distributable Cash Flow, as adjusted,
for the three months ended June 30, 2018 was $407 million, an increase
of $167 million compared to the three months ended June 30, 2017. The
improved results reflect an increase of $171 million in general partner
and incentive distributions from Energy Transfer Partners, L.P. (ETP)
of which... More
