PAA Natural Gas Storage, L.P. (PNG) reported that its fourth-quarter Limited partner interest in net income was $21.52 million, or $0.30 per limited partner unit, compared to $21.38 million, or $0.30 per limited partner unit in the year ago quarter.
Adjusted net income per limited partner unit was $0.31, unchanged from last year. Analysts polled by Thomson Reuters expected the company to report earnings of $0.29 per share for the quarter. Analysts' estimates typically exclude special items.
Revenues for the quarter declined to $112.67 million from $158.85 million last year.
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