Energy Transfer Equity Reports Quarterly Results

DALLAS--(BUSINESS WIRE)--Energy Transfer Equity, L.P. (NYSE:ETE) today reported Distributable Cash Flow and net income attributable to partners for the quarter ended June 30, 2011, both of which were impacted by acquisition-related costs incurred by ETE in connection with its proposed merger with Southern Union Company (NYSE:SUG). Distributable Cash Flow before acquisition-related expenses was $124.6 million for the three months ended June 30, 2011, as compared to $126.2 million for the three months ended June 30, 2010. ETE’s net income attributable to partners was $66.3 million for the three months ended June 30, 2011 as compared to $19.3 million for the three months ended June 30, 2010.