Energy Transfer Equity Turns To Profit In Q4 - Quick Facts

(RTTNews) - Energy Transfer Equity L.P. (ETE) reported that its fourth quarter limited partners' interest in net income was $111 million and $0.21 per unit, compared to a loss of $171 million or $0.31 per unit in the prior year.

Distributable Cash Flow, as adjusted, was $243 million as compared to $185 million for the same period last year, an increase of $58 million.

Revenues for the quarter grew to $13.48 billion from $12.61 billion in the prior year.

Analysts polled by Thomson Reuters expected the company to report earnings of $0.40 per share and revenues of $16.47 billion. Analysts' estimates typically exclude special items.