Q2 2019 Energy Transfer LP Earnings Call Transcript
Greetings. Welcome to the Energy Transfer second quarter earnings conference call. (Operator Instructions) Please note this conference is being recorded.
I will now turn the conference over to your host, Tom Long, Chief Financial Officer. Mr. Long, you may begin.
Thank you, operator. Good morning, everyone, and welcome to the Energy Transfer Second Quarter 2019 Earnings Call. We really do appreciate all of you 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.
We also will refer to adjusted EBITDA, distributable cash flow, or DCF, and distribution coverage ratio, all of which are non
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