Williams Partners (WPZ) Misses Q2 EPS by 7c
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Williams Partners Reports Second-Quarter 2017 Financial Results
August 2, 2017 4:15 PM EDT2Q 2017 Net Income of $320 Million 2Q 2017 Adjusted EBITDA of $1.104 Billion, Up $39 Million 2Q 2017 Cash Distribution Coverage Ratio of 1.22x Placed 3 Transco Expansions (Dalton Expansion, Hillabee Phase 1 and Gulf Trace) Into Service So Far in 2017 On July 6, 2017, Completed Sale of Its Interests in Geismar Plant for $2.1 Billion in Cash; Entered into Long-Term Supply and Transportation Agreements with Plant Buyer Geismar Sale Proceeds Used to Pay Off $850 Million Term Loan and Prefund a Portion of Growth Capex
TULSA, Okla.--(BUSINESS WIRE)-- Williams Partners L.P. (NYSE: WPZ) today announced its financial results for the three and six months ended June 30, 2017.
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