Energy News Today

Energy Transfer LP: Q2 Earnings Snapshot


Aug. 3, 2021Updated: Aug. 3, 2021 2:39 p.m.

DALLAS (AP) _ Energy Transfer LP (ET) on Tuesday reported second-quarter net income of $626 million.

The Dallas-based company said it had profit of 20 cents per share.

The results missed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 24 cents per share.

The energy-related services provider posted revenue of $15.1 billion in the period.

Energy Transfer LP shares have risen 57% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $9.72, a climb of 44% in the last 12 months.



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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ET at https://www.zacks.com/ap/ET



Read More: Energy Transfer LP: Q2 Earnings Snapshot

2021-08-03 02:00:00

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