Energy Transfer Equity (ETE) Misses Q2 EPS by 15c, Revenue Beats
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Energy Transfer Equity Reports Second Quarter Results
August 8, 2018 4:30 PM EDTDALLAS--(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
