Boardwalk Pipeline Partners (BWP) Tops Q1 EPS by 6c

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Go back to Boardwalk Pipeline Partners (BWP) Tops Q1 EPS by 6c

Boardwalk Announces First Quarter 2017 Results And Quarterly Distribution Of $0.10 Per Unit

May 1, 2017 6:00 AM EDT

HOUSTON, May 1, 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 May 18, 2017, to unitholders of record as of May 11, 2017.

The Partnership also announced its results for the first quarter ended March 31, 2017, which included the following items:

Operating revenues of $367.0 million, a 6% increase from $345.0 million in the comparable 2016 period. Operating revenues, less fuel and transportation expense, were $347.8 million, a 7% increase from $324.7 million in the comparable 2016 period; Net income of $119.3 million, an 18% increase from $101.0... More