Sunoco Logistics Partners (SXL) Tops Q2 EPS by 22c

Energy Transfer Equity Reports Second Quarter Results

August 3, 2016 6:22 PM EDT

DALLAS--(BUSINESS WIRE)-- Energy Transfer Equity, L.P. (NYSE: ETE) (ETE or the Partnership) today reported financial results for the quarter ended June 30, 2016.

ETEs net income attributable to partners was $241 million for the three months ended June 30, 2016 compared to $298 million for the three months ended June 30, 2015. Distributable Cash Flow, as adjusted, for the three months ended June 30, 2016 was $276 million compared to $335 million for the three months ended June 30, 2015.

The Partnerships recent key accomplishments and other developments include the following:

In July 2016, ETE announced a $0.285 distribution per ETE... More

Energy Transfer Partners Reports Second Quarter Results

August 3, 2016 6:20 PM EDT

DALLAS--(BUSINESS WIRE)-- Energy Transfer Partners, L.P. (NYSE: ETP) (ETP or the Partnership) today reported its financial results for the quarter ended June 30, 2016. Net income for the three months ended June 30, 2016 was $472 million, a decrease of $367 million compared to the three months ended June 30, 2015, primarily due to a $208 million impact from interest rate derivatives, a $118 million decrease in Adjusted EBITDA, and a $50 million impact from income taxes. Adjusted EBITDA for ETP for the three months ended June 30, 2016 totaled $1.37 billion, a decrease of $118 million compared to the three months ended June 30, 2015, primarily due to... More