Energy Transfer: Steady As She Grows
ETEnergy Transfer(ET) Seeking Alpha·2024-05-10 04:38

alvarez Energy 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 3.9billioncomparedto3.9 billion compared to 3.4 billion for the first quarter of 2023. 460millionofgrowthcapitalexpenditure.DistributableCashFlowwas460 million of growth capital expenditure. Distributable Cash Flow was 2.4 billion compared to 2billionforthefirstquarterof2023.Excesscashflowafterdistributionsofapproximately2 billion for the first quarter of 2023. Excess cash flow after distributions of approximately 1.3 billion. Adjusted EBITDA g ...