Columbia Pipeline Group (CPGX) Tops Q4 EPS by 2c
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NiSource reports 2015 earnings reflecting sustained growth in a dynamic year
February 18, 2016 6:30 AM ESTMERRILLVILLE, Ind., Feb. 18, 2016 /PRNewswire/ --Â NiSource Inc. (NYSE: NI) today announced net operating earnings (non-GAAP) of $298.8 million, or $0.94 per share, for the twelve months ended Dec. 31, 2015, compared to $256.4 million, or $0.81 per share, in 2014. Operating earnings (non-GAAP) for the twelve months ended Dec. 31, 2015 were $832.1 million, compared to $777.8 million in 2014.
On a GAAP basis, NiSource reported income from continuing operations for the twelve months ended Dec. 31, 2015 of $198.6 million, or $0.63 per share, compared with $256.2 million, or $0.81 per share, in 2014. Operating income was $799.9 million for the twelve months ended Dec. 31, 2015, compared with $789.1 million in... More
Columbia Pipeline Group Reports Strong Fourth Quarter and Year-End 2015 Results
February 18, 2016 6:30 AM ESTHOUSTON, Feb. 18, 2016 /PRNewswire/ -- Columbia Pipeline Group, Inc. (NYSE: CPGX) ("CPG") reported Adjusted EBITDA (non-GAAP) for the 12 months ended December 31, 2015 of $685.5 million, compared with $601.0 million in 2014. Distributable cash flow (non-GAAP) for the year was $401.3 million. Please refer to Schedules 1 and 2 in the financial tables below for a reconciliation of non-GAAP financial measures to the most directly comparable GAAP financial measures.
CPG reported net operating earnings from continuing operations - controlling interest (non-GAAP) of $282.9 million for the 12 months ended December 31, 2015, compared with $268.3 million for 2014.
On a GAAP basis, CPG reported... More
Columbia Pipeline Partners LP Reports Strong Fourth Quarter and Year-End 2015 Results
February 18, 2016 6:30 AM ESTHOUSTON, Feb. 18, 2016 /PRNewswire/ --Â Columbia Pipeline Partners LP (NYSE: CPPL) ("CPPL"), a Columbia Pipeline Group, Inc. (NYSE: CPGX) ("CPG") company, today reported financial and operating results for the fourth quarter as well as year-end 2015.
"Columbia Pipeline Partners' IPO in February 2015 was an integral part of a landmark year at CPG. The partnership delivered solid results, squarely in line with our expectations," said Robert C. Skaggs Jr., chairman and chief executive officer of CPP GP LLC, the general partner of CPPL. "Despite the dislocation of the financial markets,... More
