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El Paso Pipeline Partners L.P. Q3 Profit Increases - Quick Facts

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

El Paso Pipeline Partners L.P. (EPB) reported that its third-quarter net income attributable to the company increased to $46.6 million from $33.2 million last year.

Net income attributable to the company per limited partner common unit increased to $0.35 from $0.29 a year ago. Net income attributable to the company per limited partner subordinated unit increased to $0.35 from $0.14 a year ago.

On average, 12 analysts polled by Thomson Reuters expected the company to report profit of $0.35 per unit for the quarter. Analysts' estimates typically exclude special items.

Operating revenues increased to $128.8 million from $103.3 million last year.

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