HOUSTON, Nov 6 (Reuters) - Midstream company Energy
Transfer ( ET ) reported higher third quarter profit on
Wednesday as it transported record volumes of crude oil on its
systems.
The Texas-based company reported net income of $1.18 billion
versus $584 million in the third quarter of last year.
The company saw exported crude volumes jump 49% compared
with the same period last year, while crude transportation
volumes were up 25%, hitting a partnership record.