Dominion Midstream Partners (DM) Tops Q2 EPS by 2c
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Dominion Midstream Partners Announces Second-Quarter 2015 Earnings
August 5, 2015 7:31 AM EDTRICHMOND, Va., Aug. 5, 2015 /PRNewswire/ -- Dominion Midstream Partners (NYSE: DM) reported unaudited net income attributable to DM of $17.6 million, or $0.26 per limited partner unit for the three months ended June 30, 2015. Adjusted earnings before interest, income taxes, depreciation and amortization (Adjusted EBITDA) was $19.9 million and distributable cash flow was $19.3 million for the quarter.
Results include Dominion Carolina Gas Transmission (DCGT) which was acquired from Dominion Resources on April 1, 2015.
Dominion Midstream uses adjusted EBITDA and distributable cash flow as the primary performance measurement of its earnings and results for public communications... More
Dominion Announces Second-Quarter 2015 Earnings
August 5, 2015 7:30 AM EDTRICHMOND, Va., Aug. 5, 2015 /PRNewswire/ -- Dominion Resources (NYSE: D) today announced operating earnings for the three months ended June 30, 2015, of $429 million ($0.73 per share), compared to operating earnings of $361 million ($0.62 per share) for the same period in 2014. Operating earnings are defined as reported earnings, determined in accordance with Generally Accepted Accounting Principles (GAAP), adjusted for certain items.Â
Unaudited reported GAAP earnings for the three months ended June 30, 2015, were $413 million ($0.70 per share), compared with earnings of $159 million ($0.27 per share) for the same period in 2014.Â
Dominion uses operating earnings as the primary performance... More
