Dominion Resources (D) Tops Q1 EPS by 3c

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Dominion Midstream Partners Announces First-Quarter 2015 Earnings

May 4, 2015 7:30 AM EDT

RICHMOND, Va., May 4, 2015 /PRNewswire/ -- Dominion Midstream Partners (NYSE: DM) reported unaudited net income attributable to DM of $11.8 million, or $0.19 per limited partner unit for the three months ended March 31, 2015.  Adjusted earnings before interest, income taxes, depreciation and amortization (Adjusted EBITDA) was $11.8 million and distributable cash flow was $11.9 million for the quarter.

Dominion Midstream uses adjusted EBITDA and distributable cash flow as the primary performance measurement of its earnings and results for public communications with analysts and investors.  Dominion Midstream also uses adjusted EBITDA and distributable cash flow internally for... More