Growth Projects Help Increase Boardwalk Pipeline's Quarterly Income
Growth Projects Help Increase Boardwalk Pipeline's Quarterly Income
SUGAR LAND--August 2, 2016--Researched by Industrial Info Resources (Sugar Land, Texas)--On Monday, Boardwalk Pipeline Partners LP (NYSE:BWP) (Houston, Texas) reported net income of $65.7 million for second quarter 2016, compared to $40.4 million for the same period of 2015. The company cited recently completed growth projects as part of the reason for the higher net earnings for the quarter. In a conference call regarding the company's second-quarter performance, President and CEO Stanley Horton discussed recently completed projects, as well currently ongoing capital growth projects. Industrial Info is tracking 21 projects of Boardwalk worth more than $710 million.
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