Followers | 123 |
Posts | 7286 |
Boards Moderated | 0 |
Alias Born | 07/06/2012 |
Thursday, October 29, 2015 4:06:01 PM
WPZ says EBITDA grew to $1.1B at the end of Q3, compared to $907M in the same period last year, as several new pipelines and processing facilities began operating, boosting both the amount of fuels Williams handled and the fees it received.
WPZ reported $754M in Q3 distributable cash flow, vs. $367M at the same time in 2014, which means the company can pay its dividend of $0.85/unit and still have money left over, a positive change for investors from the year-ago quarter when income covered only about two-thirds of the dividend.
WPZ says it brought online the Virginia Southside lateral, a branch of the Transco line that connects to the Atlantic region, during Q3, and was able to pull early revenues from Lediy Southeast, another Transco expansion, although the full project has not yet come online.
Purely My Own Opinion. Do Your Own Due Diligence.
“Formula for success: rise early, work hard, strike oil.” - J. Paul Getty
FEATURED Element79 Gold Corp Reports Exceptionally High-Grade Results from Lucero • May 14, 2024 7:00 AM
Avant Technologies Equipping AI-Managed Data Center with High Performance Computing Systems • AVAI • May 10, 2024 8:00 AM
VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM
Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM
Element79 Gold Corp Successfully Closes Maverick Springs Option Agreement • ELEM • May 8, 2024 9:05 AM
Kona Gold Beverages, Inc. Achieves April Revenues Exceeding $586,000 • KGKG • May 8, 2024 8:30 AM