Energy Transfer Announces New Fractionator, Reports Strong Quarterly Earnings

Energy Transfer Announces New Fractionator, Reports Strong Quarterly Earnings

SUGAR LAND--November 9, 2018--Researched by Industrial Info Resources (Sugar Land, Texas)--Energy Transfer LP (NYSE:ET) (Dallas, Texas) reported strong third-quarter 2018 earnings, as the company announced plans for a new fractionator and continues with a hefty capital growth plan, adding future pipeline and gas processing capacity. The company reported third-quarter net income of $371 million, up from $252 million in the prior-year quarter. Industrial Info is tracking $14.5 billion in Energy Transfer projects.

Within this article: Details of key Energy Transfer projects

Other companies featured: Magellan Midstream Partners (NYSE:MMP), MPLX (NYSE:MPLX), Delek US Holdings (NYSE:DK)

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