Energy Transfer Partners Reports First Quarter Results
ENERGY TRANSFER PARTNERS LP (ETP)
Last energy transfer partners lp earnings: 8/8 04:30 pm
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US:NYSE Investor Relations:
ir.energytransfer.com
Company Research
Source: Business Wire
DALLAS--(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 March 31, 2017, primarily due to increased operating income in addition to a $172 million pre-tax gain on Sunoco LP units that were repurchased by Sunoco LP from ETP in February 2018. Distributable Cash Flow attributable to partners, as adjusted, for the
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