Energy Transfer Equity (ETE) Misses Q4 EPS by 6c
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Energy Transfer Equity Reports Fourth Quarter and Full Year Results
February 24, 2016 5:22 PM ESTDALLAS--(BUSINESS WIRE)-- Energy Transfer Equity, L.P. (NYSE: ETE) (ETE or the Partnership) today reported financial results for the fourth quarter ended December 31, 2015.
Distributable Cash Flow, as adjusted, was $343 million for the three months ended December 31, 2015 as compared to $243 million for the same period last year, an increase of $100 million. Distributable Cash Flow, as adjusted, per unit was $0.32 for the three months ended December 31, 2015, an increase of 45% compared to the three months ended December 31, 2014. ETEs net income attributable to partners was $314 million for the three months ended December 31, 2015, as compared to net... More
Energy Transfer Partners Reports Fourth Quarter Results
February 24, 2016 5:22 PM ESTDALLAS--(BUSINESS WIRE)-- Energy Transfer Partners, L.P. (NYSE: ETP) today reported its financial results for the quarter ended December 31, 2015. Adjusted EBITDA for Energy Transfer Partners, L.P. (ETP or the Partnership) for the three months ended December 31, 2015 totaled $1.36 billion, a decrease of $168 million compared to the same period last year. Distributable Cash Flow attributable to the partners of ETP, as adjusted, for the three months ended December 31, 2015 totaled $959 million, an increase of $165 million over the same period last year. Income from continuing operations for the three months ended December 31, 2015 was $21 million, an increase of... More
