Energy Transfer Equity Reports Second Quarter Results
OREANDA-NEWS. August 19, 2014. Energy Transfer Equity, L.P. (NYSE:ETE) (“ETE” or the “Partnership”) reported financial results for the quarter ended June 30, 2014.
Distributable Cash Flow, as adjusted, for the three months ended June 30, 2014 was USD 218 million compared to USD 180 million for the three months ended June 30, 2013, an increase of USD 38 million. ETE’s net income attributable to partners was USD 164 million for the three months ended June 30, 2014 compared to USD 127 million for the three months ended June 30, 2013, an increase of USD 37 million.
Distributable Cash Flow, as adjusted, for the six months ended June 30, 2014 was USD 417 million compared to USD 358 million for the six months ended June 30, 2013, an increase of USD 59 million. ETE’s net income attributable to partners was USD 332 million for the six months ended June 30, 2014 compared to USD 217 million for the six months ended June 30, 2013, an increase of USD 115 million.
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