Energy Transfer Partners (ETP) Tops Q1 EPS by 4c
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Energy Transfer Partners Reports First Quarter Results
May 9, 2018 4:30 PM EDTDALLAS--(BUSINESS WIRE)-- Energy Transfer Partners, L.P. (NYSE: ETP) (ETP or the Partnership) today reported its financial results for the quarter ended March 31, 2018. For the three months ended March 31, 2018, net income was $879 million and Adjusted EBITDA was $1.88 billion. Adjusted EBITDA increased $436 million compared to the three months ended March 31, 2017, reflecting an increase of $277 million in Adjusted EBITDA from the crude oil transportation and services segment, as well as higher results from several of the other segments, as discussed in the segment results analysis below. Net income increased $486 million compared to the three months ended... More
