Stifel Upgrades Energy Transfer Partners (ETP) to Buy
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Energy Transfer Equity Reports Second Quarter Results
August 3, 2016 6:22 PM EDTDALLAS--(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