El Paso Pipeline Partners, L.P. (EPB) reported first-quarter net income attributable to the company of $174 million or $0.58 per share, up from $149 million or $0.54 per share in the year-ago comparable quarter.
Limited Partners' net income before certain items for the quarter was $169 million or $0.60 per share, compared to $143 million or $0.54 per share in the prior year.
On average, 14 analysts polled by Thomson Reuters expected the company to earn $0.56 per share for the quarter. Analysts' estimates typically excludes special items.
Meanwhile, revenues for the latest quarter declined to $386 million from $390 million in the same period prior year, while six analysts expected revenues of $401.35 million for the quarter.
Looking forward, EPB said that it expects to generate almost $1.22 billion in earnings before DD&A in 2013.
The company also noted that it has increased its quarterly cash distribution per common unit to $0.62 payable on May 15, to unitholders of record on April 29, 2013.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.