Energy Transfer (ET) Misses Q1 EPS by 7c

Go back to Energy Transfer (ET) Misses Q1 EPS by 7c

Sunoco LP Announces First Quarter Financial and Operating Results

May 8, 2019 4:35 PM EDT

DALLAS, May 8, 2019 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("SUN" or the "Partnership") today reported financial and operating results for the three-month period ended March 31, 2019.

Net income was $109 million versus net loss of $315 million in the first quarter of 2018. Results include a non-cash $47 million write-down on assets held for sale offset by $93 million of non-cash inventory adjustments.

Adjusted EBITDA(1) totaled $153 million compared with $109... More