OREANDA-NEWS. August 19, 2014. Energy Transfer Partners, L.P. (NYSE: ETP) reported its financial results for the quarter ended June 30, 2014. Adjusted EBITDA for Energy Transfer Partners, L.P. (“ETP” or the “Partnership”) for the three months ended June 30, 2014 totaled \\$1.17 billion, an increase of USD 100 million over the same period last year.

Distributable Cash Flow attributable to the partners of ETP for the three months ended June 30, 2014 totaled USD538 million, an increase of USD 55 million over the same period last year. Income from continuing operations for the three months ended June 30, 2014 was USD 539 million, an increase of USD 135 million over the same period last year.

Adjusted EBITDA for ETP for the six months ended June 30, 2014 totaled USD 2.38 billion, an increase of USD 350 million over the same period last year. Distributable Cash Flow attributable to the partners of ETP for the six months ended June 30, 2014 totaled USD 1.25 billion, an increase of USD 379 million over the same period last year. Income from continuing operations for the six months ended June 30, 2014 was USD 1.01 billion, an increase of USD 200 million over the same period last year.

In July, ETP announced that its Board of Directors approved an increase in its quarterly distribution to USD 0.955 per unit (USD 3.82 annualized) on ETP Common Units for the quarter ended June 30, 2014, representing an increase of USD 0.08 per Common Unit on an annualized basis compared to the first quarter of 2014. For the quarter ended June 30, 2014, ETP’s distribution coverage ratio was 1.10x.