Energy Transfer (ET) Misses Q4 EPS by 7c

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Energy Transfer Reports Fourth Quarter 2020 Results

February 17, 2021 4:15 PM EST

DALLAS--(BUSINESS WIRE)-- Energy Transfer LP (NYSE: ET) (ET or the Partnership) today reported financial results for the quarter and year ended December 31, 2020.

ET reported net income attributable to partners for the three months ended December 31, 2020 of $509 million. For the three months ended December 31, 2020, net income per limited partner unit (basic and diluted) was $0.19 per unit.

Adjusted EBITDA for the three months ended December 31, 2020 was $2.59 billion. Results for the quarter continued to reflect improved efficiencies, with lower operating expenses in all of the Partnerships core operating segments compared to the same... More