Boardwalk Pipeline Boosts Capital Spending in Eagle Ford Shale, Other Growth Areas after Profits Slip in Second-Quarter 2014
SUGAR LAND--August 5, 2014--Researched by Industrial Info Resources (Sugar Land, Texas)--Boardwalk Pipeline Partners LP (NYSE:BWP) (Houston, Texas), a midstream master limited partnership that services the natural gas and liquids markets, saw its profits drop in second-quarter 2014 as near-even revenues couldn't offset a major one-time charge this quarter, as well as an asset sale gain in the same period last year. The company is looking to projects in areas where production is booming, like the Eagle Ford Shale. Industrial Info is tracking more than $1.8 billion in active projects involving Boardwalk.
Within this article: Details on Boardwalk's quarter and projects, including ethylene storage cavern additions in Louisiana, a natural gas processing plant in southern Texas, and the effectively suspended Bluegrass Pipeline Project.
Other companies featured: Williams Companies (NYSE:WMB), Loews Corporation (NYSE:L)
