Energy News Today

Energy Transfer LP: Q4 Earnings Snapshot



DALLAS (AP) _ Energy Transfer LP (ET) on Wednesday reported fourth-quarter net income of $820 million.

On a per-share basis, the Dallas-based company said it had profit of 29 cents.

The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 26 cents per share.

The energy-related services provider posted revenue of $18.66 billion in the period.

For the year, the company reported net income of $5.18 billion, or $1.89 per share, swinging to a profit in the period. Revenue was reported as $67.42 billion.



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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: Q4 Earnings Snapshot

2022-02-16 16:37:41

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