Enbridge Energy Partners (EEP) Tops Q1 EPS by 4c
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Enbridge Energy Partners, L.P. Reports Earnings for First Quarter 2016
May 2, 2016 6:00 AM EDTHOUSTON, TX -- (Marketwired) -- 05/02/16 -- Enbridge Energy Partners, L.P. (NYSE: EEP)
FIRST QUARTER HIGHLIGHTS
Record liquids pipeline systems deliveries of 3.3 million barrels per day in the first quarter; 15 percent higher than the first quarter 2015. Reported first quarter adjusted EBITDA and DCF of $466.2 million and $244.5 million, respectively.Enbridge Energy Partners, L.P. (NYSE: EEP) ("Enbridge Partners" or "the Partnership") reports adjusted EBITDA and distributable cash flow for the three months ended March 31, 2016 of $466.2 million and... More
Midcoast Energy Partners, L.P. Reports Earnings for First Quarter 2016
May 2, 2016 6:00 AM EDTHOUSTON, TX -- (Marketwired) -- 05/02/16 -- Midcoast Energy Partners, L.P. (NYSE: MEP)
FIRST QUARTER HIGHLIGHTS
Reported first quarter adjusted EBITDA and distributable cash flow of $23.6 and $16.5 million, respectively. Distribution agreement in place with sponsor supporting 1.0x coverage through 2017. (1) Commodity-based cash flows more than 90 percent hedged for 2016.Midcoast Energy Partners, L.P. (NYSE: MEP) ("Midcoast Partners" or "the Partnership") reports adjusted EBITDA and distributable cash flow for the... More
