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Stock Market & Financial Investment News

News Breaks
August 4, 2014
09:17 EDTBWPBoardwalk Pipeline says Q3 to be weaker due to seasonal nature of revenue
The company also cites seasonal nature of its maintenance activities in Q3. Backs FY14 distributable cash flow guidance of $400M. Comments taken from Q2 earnings conference call.
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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