Dominion Midstream Partners to Offer Limited Partnership Units

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Dominion Resources (D) Tops Q3 EPS by 7c

October 31, 2016 6:17 AM EDT

Dominion Resources (NYSE: D) reported Q3 EPS of $1.14, $0.07 better than the analyst estimate of $1.07. Revenue for the quarter came in at $3.13 billion versus the consensus estimate of $3.26 billion.

For earnings history and earnings-related data on Dominion Resources (D) click here.

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Dominion Midstream Partners (DM) to Acquire Questar Pipeline in ~$1.73B Deal

October 31, 2016 6:09 AM EDT

Dominion Midstream Partners, LP (NYSE: DM) and Dominion Resources, Inc. (NYSE: D) announced an agreement in which Dominion Midstream will acquire Questar Pipeline, LLC, from Dominion for consideration of approximately $1.725 billion, including indebtedness of Questar Pipeline as part of the transaction value. The acquisition has an anticipated effective date of Dec. 1, 2016. The board of directors of Dominion and the board of directors and Conflicts Committee of Dominion Midstream GP, LLC, the general partner of Dominion Midstream, have approved the transaction.

Dominion Midstream intends to finance the acquisition through the following... More