Entergy Transfer Equity (ETE) Misses Q1 EPS by 13c
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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
