Energy Transfer Equity (ETE) Tops Q3 EPS by 7c
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Sunoco LP Announces 3Q 2015 Financial and Operating Results and 10th Consecutive Distribution Increase
November 4, 2015 8:42 PM ESTHOUSTON, Nov. 4, 2015 /PRNewswire/ --Â Sunoco LP (NYSE: SUN) ("SUN" or the "Partnership") today announced financial and operating results for the three months ended September 30, 2015.
Pro forma Adjusted EBITDA attributable to partners totaled $148.7 million, compared with Adjusted EBITDA attributable to partners of $14.0 million in the third quarter of 2014. Third quarter pro forma Adjusted EBITDA attributable to partners excludes July pre-acquisition earnings for Susser Holdings Corporation and transaction-related expenses.Â
Distributable cash flow attributable to partners, as adjusted, was $112.4 million, compared to $12.2 million a year earlier, and distributable cash flow per common unit was $1.77. The... More
Energy Transfer Partners Reports Third Quarter Results
November 4, 2015 5:00 PM ESTDALLAS--(BUSINESS WIRE)-- Energy Transfer Partners, L.P. (NYSE: ETP) (ETP or the Partnership) today reported its financial results for the quarter ended September 30, 2015. Adjusted EBITDA for ETP for the three months ended September 30, 2015 totaled $1.50 billion, an increase of $49 million compared to the same period last year. Distributable Cash Flow attributable to the partners of ETP, as adjusted, for the three months ended September 30, 2015 totaled $740 million, a decrease of $130 million compared to the same period last year. Income from continuing operations for the three months ended September 30, 2015 was $393 million, a decrease of $121 million compared... More
Energy Transfer Equity Reports Third Quarter Results
November 4, 2015 5:00 PM ESTDALLAS--(BUSINESS WIRE)-- Energy Transfer Equity, L.P. (NYSE: ETE) (ETE or the Partnership) today reported financial results for the quarter ended September 30, 2015.
Distributable Cash Flow, as adjusted, for the three months ended September 30, 2015 was $325 million compared to $234 million for the three months ended September 30, 2014, an increase of $91 million. Distributable Cash Flow, as adjusted, per unit was $0.31 for the three months ended September 30, 2015, an increase of 41% compared to the three months ended September 30, 2014. Distributable Cash Flow, as adjusted, for the three months ended September 30, 2015 would have been $352 million, or $0.33 per unit, if the... More
