Copano Energy L.L.C. (CPNO) reported that its fourth-quarter net loss to common units was $50.7 million or $0.66 per unit, wider than $1.2 million or $0.02 per unit in the comparable quarter last year.
On average, eleven analysts polled by Thomson Reuters expected the company to report earnings of $0.12 per share for the quarter. Analysts' estimates typically exclude special items.
Total revenues for the quarter rose to $396.80 million from $355.55 million in the prior year quarter, while four analysts had consensus revenue estimate of $385.64 million in the year-ago quarter.
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