Williams Partners (WPZ) Reports Q1 Loss of $0.49/Share
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Williams Partners Reports Strong Second Quarter 2016 Financial Results
August 1, 2016 4:15 PM EDTExpects to Maintain Current Cash Distribution Level Through 2017
Provides Financial Update and Announces Actions to Strengthen Credit Profile and Fund Fee-based Growth Portfolio
Cash Flow from Operations is $741 Million for 2Q 2016; $1.665 Billion Year-to-Date, Up Approximately 12% over First Half 2015 Continued Strong Financial Performance; Significant Cost Reductions Achieved in 2Q Expects to Maintain Quarterly Cash Distribution of $0.85 per Unit or $3.40 Annualized through 2017 Expects to Implement Distribution Reinvestment Program (DRIP) Williams Intends to Reinvest Approximately $1.7 Billion into Williams... More