Sunoco Logistics Partners (SXL) Posts Q1 Los of 10c/Share
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Sunoco Logistics Announces Ownership in Bakken Pipeline, Earnings for First Quarter 2015 and Continued Distribution Growth
May 6, 2015 5:43 PM EDTPHILADELPHIA--(BUSINESS WIRE)-- Sunoco Logistics Partners L.P. (NYSE: SXL) (the "Partnership") today announced results for the first quarter 2015. Adjusted EBITDA for the three months ended March 31, 2015 was $221 million, a $13 million increase compared to the first quarter 2014. Net income attributable to partners for the first quarter 2015 was $36 million ($0.10 loss per limited partner unit diluted), which included a $41 million inventory write down resulting from the decline in commodity prices. This non-cash charge was excluded from the Partnership's determination of Adjusted EBITDA and Distributable Cash Flow. Net income attributable to partners was $107 million ($0.33 per limited... More
Energy Transfer Equity Reports First Quarter Results
May 6, 2015 5:20 PM EDTDALLAS--(BUSINESS WIRE)-- Energy Transfer Equity, L.P. (NYSE: ETE) (ETE or the Partnership) today reported financial results for the quarter ended March 31, 2015.
Distributable Cash Flow, as adjusted, for the three months ended March 31, 2015 was $321 million compared to $199 million for the three months ended March 31, 2014, an increase of $122 million. Distributable Cash Flow, as adjusted, per unit was $0.59 for the three months ended March 31, 2015, an increase of 69% compared to the three months ended March 31, 2014. ETEs net income attributable to partners was $284 million for the three months ended March 31, 2015 compared to $168 million for the three months... More
Energy Transfer Partners Reports First Quarter Results
May 6, 2015 5:19 PM EDTDALLAS--(BUSINESS WIRE)-- Energy Transfer Partners, L.P. (NYSE: ETP) today reported its financial results for the quarter ended March 31, 2015. Adjusted EBITDA for Energy Transfer Partners, L.P. (ETP, we or the Partnership) for the three months ended March 31, 2015 totaled $1.15 billion, a decrease of $57 million compared to the same period last year. Distributable Cash Flow attributable to the partners of ETP, as adjusted, for the three months ended March 31, 2015 totaled $692 million, a decrease of $52 million compared to the same period last year. Income from continuing operations for the three months ended March 31, 2015 was $308 million, a decrease... More
