Energy News Today

Energy Transfer LP: Q3 Earnings Snapshot


Nov. 3, 2021Updated: Nov. 3, 2021 1:52 p.m.

DALLAS (AP) _ Energy Transfer LP (ET) on Wednesday reported third-quarter net income of $535 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the Dallas-based company said it had profit of 20 cents.

The results missed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 25 cents per share.

The energy-related services provider posted revenue of $16.66 billion in the period.


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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: Q3 Earnings Snapshot

2021-11-03 02:00:00

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