Boardwalk Pipeline Partners (BWP) Tops Q4 EPS by 5c

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Boardwalk Announces Fourth Quarter 2016 Results And Quarterly Distribution Of $0.10 Per Unit

February 6, 2017 6:00 AM EST

HOUSTON, Feb. 6, 2017 /PRNewswire/ -- Boardwalk Pipeline Partners, LP, (NYSE: BWP) announced today that it has declared a quarterly cash distribution per common unit of $0.10 ($0.40 annualized) payable on February 23, 2017, to unitholders of record as of February 16, 2017.

The Partnership also announced its results for the fourth quarter and year ended December 31, 2016, which included the following items:

Operating revenues of $352.6 million for the quarter and $1,307.2 million for the year ended December 31, 2016, an 8% increase and a 5% increase from $326.8 million and $1,249.2 million in the comparable 2015 periods. Operating revenues, less fuel and transportation expense,... More