Energy Transfer Equity (ETE) Misses Q1 EPS by 10c
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Energy Transfer Equity Reports First Quarter Results
May 9, 2018 4:30 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, 2018.
ETEs net income attributable to partners was $363 million for the three months ended March 31, 2018, an increase of $124 million compared to $239 million for the three months ended March 31, 2017. Distributable Cash Flow, as adjusted, for the three months ended March 31, 2018 was $395 million, an increase of $180 million compared to $215 million for the three months ended March 31, 2017. The improved results reflect an increase of $183 million in general partner and incentive distributions from Energy... More
