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Re: $Pistol Pete$ post# 179411

Wednesday, 02/21/2018 11:55:49 PM

Wednesday, February 21, 2018 11:55:49 PM

Post# of 245657
$ETP Energy Transfer Partners (NYSE:ETP) +4.2% after-hours as Q4 earnings crush analyst expectations and revenues rise by nearly a third from the year-ago quarter to $8.6B, also easily beating estimates.

ETP says adjusted EBITDA for the quarter totaled $1.94B, up 30% Y/Y, reflecting significantly higher results from the midstream and crude oil transportation and services segments; distributable cash flow of $1.2B rose from $960M compared to the same period last year.

Distribution coverage ratio of 1.3x; without IDRs, distribution coverage of ~1.1x.

Energy Transfer Equity (NYSE:ETE) +4.6% after-hours despite missing its Q4 earnings and revenue estimates.
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