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Home  >  Austin Accountants  >  Duncan Energy Partners announces financial results

Duncan Energy Partners announces financial results

Posted on Tuesday, October 26th, 2010 at 5:35 pm.

Duncan Energy Partners L.P. has announced their third quarter financial results for the period of time ending in September 30.

In the third quarter of 2010, the net income was $20.6 million compared to $24.8 million in the third quarter of 2010. The net income was reduced due to liquidation of employee partnerships, litigation related to pipeline dispute, and a few other activities.

The distributable cash flow of the partnerships was also lower in the third quarter of 2010, last year it was $34.6 million and this year it came to $33.8 million.

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