Published on 2 Nov 2023 on GuruFocus.com via Yahoo Finance
Energy Transfer LP (ET) Reports Q3 2023 Earnings: Net Income of $584 Million
Energy Transfer LP (NYSE:ET) reported net income of $584 million for Q3 2023.Adjusted EBITDA for Q3 2023 was $3.54 billion, up from $3.09 billion in Q3 2022.Distributable Cash Flow for Q3 2023 was $1.99 billion, compared to $1.58 billion in Q3 2022.Energy Transfer LP (NYSE:ET) announced a quarterly cash distribution of $0.3125 per common unit.
On November 1, 2023, Energy Transfer LP (NYSE:ET) released its financial results for the quarter ended September 30, 2023. The company reported a net income attributable to partners of $584 million for the third quarter of 2023. The net income per common unit (basic) was $0.15 per unit.
Financial Performance