Enable Midstream Partners (ENBL) Tops Q1 EPS by 1c

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Enable Midstream Reports First Quarter 2016 Financial Results

May 4, 2016 6:45 AM EDT

Increased first quarter 2016 per-day natural gas processed volumes by 6 percent compared to first quarter 2015 Increased first quarter 2016 crude oil gathered volumes by 22.13 thousand barrels per day (MBbl/d) compared to first quarter 2015 Increased first quarter 2016 Adjusted EBITDA and distributable cash flow (DCF) by 4 percent and 20 percent, respectively, compared to first quarter 2015 Announced a quarterly distribution of $0.318 per unit on all outstanding common and subordinated units and a prorated quarterly cash distribution of $0.2917 per unit on all outstanding 10% Series A Fixed-to-Floating Non-Cumulative Redeemable Perpetual Preferred Units... More