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-2.59396643407982E-05 0.00127104355269646 -0.0259656040050841 -0.0155897382687868 -0.0207776711369354 -0.00264584576275588 -0.00910482218360092 -0.016886721485824
Stock impact report

Energy Transfer Reports First Quarter 2020 Results and Reduces Capital Expenditures

Energy Transfer LP Common Units (ET) 
Last energy transfer lp common units earnings: 2/19 04:10 pm Check Earnings Report
US:NYSE Investor Relations: about.etrade.com/index.cfm
Company Research Source: Business Wire
DALLAS--(BUSINESS WIRE)--Energy Transfer LP (NYSE:ET) (“ET” or the “Partnership”) today reported financial results for the quarter ended March 31, 2020.ET reported an earnings net loss attributable to partners for the three months ended March 31, 2020 of $855 million, which included non-cash goodwill impairments of $1.3 billion recorded during the period as a result of decreases in commodity prices and market demand.Adjusted EBITDA for the three months ended March 31, 2020 was $2.64 billion, a decrease of $100 million compared to the three months ended March 31, 2019, primarily due to crude oil, NGL and refined products inventory valuation adjustments totaling $213 million in the first quarter of 2020. Without the inventory adjustments, Adjusted EBITDA would have been $2.85 billion for the first quarter of 2020.Distributable Cash Flow attributable to partners, as adjusted, for the three months ended March 31, 2020 was $1.42 billion, a decrease of $177 million compared to the three Show less Read more
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