Energy Transfer Partners (ETP) Misses Q2 EPS by 21c, Revenue Beats

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Energy Transfer Partners Reports Second Quarter Results

August 8, 2018 4:30 PM EDT

DALLAS--(BUSINESS WIRE)-- Energy Transfer Partners, L.P. (NYSE: ETP) (ETP or the Partnership) today reported its financial results for the quarter ended June 30, 2018. For the three months ended June 30, 2018, net income was $602 million and Adjusted EBITDA was $2.05 billion. Adjusted EBITDA increased $506 million compared to the three months ended June 30, 2017, reflecting an increase of $320 million in Adjusted EBITDA from the crude oil transportation and services segment, as well as higher results from several of the other segments, as discussed in the segment results analysis below. Net income increased $306 million compared to the three months ended... More