Dominion Energy (D) Tops Q1 EPS by 8c

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Go back to Dominion Energy (D) Tops Q1 EPS by 8c

Dominion Energy Midstream Partners Announces First-Quarter 2018 Earnings

April 27, 2018 7:01 AM EDT

RICHMOND, Va., April 27, 2018 /PRNewswire/ -- Dominion Energy Midstream Partners, LP (NYSE: DM), reported unaudited net income attributable to the partnership of $57.3 million for the three months ended March 31, 2018.  Adjusted earnings before interest, income taxes, depreciation and amortization (Adjusted EBITDA) were $79.5 million for the first-quarter, and distributable cash flow was $52.1 million for the quarter. The distribution coverage ratio was 1.23 times at the end of the first-quarter.

Dominion Energy Midstream uses Adjusted EBITDA and distributable cash flow as the primary performance measurements of its earnings and results for public communications with analysts and... More