Q4 2018 Energy Transfer LP Earnings Call Transcript
Greetings, and welcome to the Energy Transfer Fourth Quarter Earnings Call. (Operator Instructions) As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Mr. Tom Long, Chief Financial Officer. Thank you Mr. Long, you may begin.
Thank you, operator, and good morning, everyone, and welcome to the Energy Transfer Fourth Quarter 2018 Earnings Call, and thank you for joining us today. I'm also joined today by Kelcy Warren, Mackie McCrea and other members of the senior management team, who are here to help answer your questions after our prepared remarks.
As a reminder, we will be making forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934. These are based on our beliefs as well as certain assumptions and information currently available to us. I'll also refer to adjusted EBITDA, Distributable Cash Flow, or DCF, and distribution coverage ratio, all of which are non-GAAP financial measures. You'll find a
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