Williams Partners (WPZ) Posts Q3 GAAP EPS of 42c

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Go back to Williams Partners (WPZ) Posts Q3 GAAP EPS of 42c

Williams Reports Strong Third-Quarter 2016 Financial Results

October 31, 2016 6:45 AM EDT

Continued Solid Financial Performance; Increasing Fee-Based Revenue; Cost Reductions 3Q 2016 Cash Flow from Operations of $618 million, Up 2% 3Q 2016 Net Income of $61 million, Up $101 million 3Q 2016 Adjusted EBITDA of $1.192 billion, Up $89 million or 8% 3Q 2016 Cash Available for Dividends and Other Uses of $441 million, $1.303 billion YTD Williams Partners Provides Revised 2017 Capital Expenditures Guidance Related Primarily to Atlantic Sunrise Project Timing

TULSA, Okla.--(BUSINESS WIRE)-- Williams (NYSE: WMB) today announced its financial results for the three and nine months ended Sept. 30, 2016.

         ... More

Williams Partners Reports Strong Third-Quarter 2016 Financial Results

October 31, 2016 6:45 AM EDT

Continued Solid Financial Performance; Increasing Fee-Based Revenue; Cost Reductions 3Q 2016 Cash Flow from Operations of $676 million, Up $71 million or 12% 3Q 2016 Net Income of $326 million, Up $520 million 3Q 2016 Adjusted EBITDA of $1.189 billion, Up $89 million or 8% Coverage Ratio of 1.08x Driven by Distributable Cash Flow of $795 million, Up $41 million or 5% Revised 2017 Capital Expenditure Guidance Related Primarily to Atlantic Sunrise Project Timing

TULSA, Okla.--(BUSINESS WIRE)-- Williams Partners L.P. (NYSE: WPZ) today announced its financial results for the three and nine months ended Sept. 30, 2016.

           ... More