Fourth quarter 2020 results reported by Energy Transfer
Energy Transfer LP (ET) has reported financial results for the quarter and year ended December 31, 2020.
ET reported net income attributable to partners for the three months ended December 31, 2020 of $509 million. For the three months ended December 31, 2020, net income per limited partner unit (basic and diluted) was $0.19 per unit.
Adjusted EBITDA for the three months ended December 31, 2020 was $2.59 billion. Results for the quarter “continued to reflect improved efficiencies, with lower operating expenses in all of the partnership’s core operating segments compared to the same period in the prior year”, it said in the update.
Distributable cash flow attributable to partners, as adjusted, for the three months ended December 31, 2020 was $1.36 billion.
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22nd February 2021