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Stock Market & Financial Investment News

News Breaks
February 11, 2014
08:04 EDTBWPBoardwalk Pipeline downgraded to Neutral from Buy at Janney Capital
Janney Capital lowered its rating on Boardwalk Pipeline to Neutral yesterday and reduced its fair value estimate on the stock to $17 from $35 following the company's more significant than expected distribution cut.
News For BWP From The Last 14 Days
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August 3, 2015
09:26 EDTBWPBoardwalk Pipeline reports Q2 EPS 16c, consensus 18c
Reports Q2 operating revenue $298.6M, consensus $284.57M. Compared with the second quarter of 2014, the Partnership's operating revenues and EBITDA were favorably impacted by the receipt of insurance proceeds related to a business interruption claim at Boardwalk Louisiana Midstream and additional revenues resulting from the ongoing Gulf South rate case. Storage and parking and lending revenues continued to be negatively impacted by unfavorable market conditions. Operating expenses for the second quarter 2015 were higher compared to 2014 due to the timing of maintenance project activities.

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