Energy Transfer's Q3 profits jump as it transports record volumes of crude

HOUSTON, Nov 6 (Reuters) - Midstream company Energy Transfer (ET.N) 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.