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Energy Transfer Partners, L.P. Message Board

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  • lner2512 lner2512 Apr 2, 2007 2:32 AM Flag

    2007 DCF Projections

    arbtrdr,
    As an accountant, I have to say the corporate response that DCF is a non-GAAP measure is "bull droppings". If they can forecast EBITDA, they can forecast DCF just as accurately. Cash flow is the life-blood--they should have a better handle on that than accrual-basis numbers. Keep after em! Maybe the new CFO wil tell you something he's not supposed to tell.

    Cheers,

    Scott
    (own ETE and ETP)

 
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