Energy Transfer LP: Q4 Earnings Snapshot
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DALLAS (AP) — DALLAS (AP) — Energy Transfer LP (ET) on Wednesday reported fourth-quarter profit of $1.2 billion.
On a per-share basis, the Dallas-based company said it had profit of 37 cents.
The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 29 cents per share.
The energy-related services provider posted revenue of $20.53 billion in the period.
For the year, the company reported profit of $3.47 billion, or $1.09 per share. Revenue was reported as $78.59 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
