Energy Transfer: Steady As She Grows
Energy Transfer(ET) Seeking Alpha·2024-05-09 20:38alvarezEnergy Transfer First Quarter Review: Energy Transfer (NYSE:ET) reported another excellent quarter of near across the board growth for the first quarter of 2024. The big picture numbers were: Adjusted EBITDA of $$3.9 billion compared to $$3.4 billion for the first quarter of 2023. $$460 million of growth capital expenditure. Distributable Cash Flow was $$2.4 billion compared to $$2 billion for the first quarter of 2023. Excess cash flow after distributions of approximately $$1.3 billion. Adjusted EBI ...