Energy Transfer (ET) Tops Q4 EPS by 2c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/24/2026
Go back to Energy Transfer (ET) Tops Q4 EPS by 2c
February 19, 2020 4:10 PM EST
Net income attributable to partners of $1.01 billion, reflecting an increase over the prior period primarily due to higher operating income.
Adjusted EBITDA of $2.81 billion, up 5 percent from the fourth quarter of 2018.
Distributable Cash Flow attributable to partners of $1.55 billion, up 2 percent from the fourth quarter of 2018.
Distribution coverage ratio of 1.88x, yielding excess coverage of $725 million of Distributable Cash Flow attributable to partners in excess of distributions.
Provides 2020 outlook for Adjusted EBITDA of $11.0 billion to $11.4 billion.
2020 growth capital expenditures outlook, updated to include $300 million of capital expenditures related to the acquisition of... More
