Energy Transfer's Earnings Are Feeling Some Pressure From Lower Oil Prices
Energy Transfer (NYSE: ETP) isn't immune to the impact of falling oil prices. That was evident in its first-quarter report, where the master limited partnership (MLP) posted lower earnings and cash flow. While the company expects this trend to continue over the coming quarters, causing it to reduce its full-year guidance, it still plans to maintain its high-yielding distribution.
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Q1 2020
Source Fool.com
