Energy Transfer (ET) Tops Q1 EPS by 6c

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Go back to Energy Transfer (ET) Tops Q1 EPS by 6c

Energy Transfer Reports Strong First Quarter 2022 Results and Increases 2022 Guidance

May 4, 2022 4:10 PM EDT

DALLAS--(BUSINESS WIRE)-- Energy Transfer LP (NYSE: ET) (Energy Transfer or the Partnership) today reported financial results for the quarter ended March 31, 2022.

Energy Transfer reported net income attributable to partners for the three months ended March 31, 2022 of $1.27 billion. For the three months ended March 31, 2022, net income per limited partner unit (basic) was $0.38 per unit.

Adjusted EBITDA for the three months ended March 31, 2022 was $3.34 billion compared to $5.04 billion for the three months ended March 31, 2021. First quarter 2021 results were favorably impacted by earnings from the historic Winter Storm Uri. Excluding this contribution, Adjusted... More