Enable Midstream Partners (ENBL) Plans 10% Workforce Reduction

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Go back to Enable Midstream Partners (ENBL) Plans 10% Workforce Reduction

Enable Midstream Partners (ENBL) Q4 Net Income Rose 6%

February 18, 2015 7:29 AM EST

Enable Midstream Partners (NYSE: ENBL) announced financial results for fourth quarter and full year 2014.

Net income attributable to the partnership was $122 million for fourth quarter 2014, an increase of $7 million, or 6 percent, compared to $115 million for fourth quarter 2013. Adjusted EBITDA for fourth quarter 2014 was $198 million, a decrease of $2 million, or 1 percent, compared to $200 million for fourth quarter 2013. Distributable cash flow (DCF) for fourth quarter 2014 was $119 million, a decrease of $16 million, or 12 percent, compared to $135 million for fourth quarter... More