Energy Transfer earnings increased in 2Q

Energy Transfer LP and Energy Transfer Operating, L.P. File 2020 Annual Reports | Business Wire

 

Energy Transfer’s new intrastate pipeline that transports crude from the Denver-Julesburg Basin in Colorado and the Cushing hub in Oklahoma to a Texas terminal is credited with helping increase the firm’s quarterly net income.

The Cushing to Nederland expansion project was activated in June and uses a crude oil pipeline that previously serviced the Permian basin of Texas and New Mexico reported Reuters.

Click here for Reuters story.

 

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