04.11.2014 14:57:51

Enable Midstream Partners Q3 Profit Increases - Quick Facts

(RTTNews) - Enable Midstream Partners LP (ENBL) reported that its net income attributable to the Partnership was $139 million for third quarter 2014, an increase of $35 million, or 34 percent, compared to $104 million for third quarter 2013.

Adjusted EBITDA for third quarter 2014 was $231 million, an increase of $26 million, or 13 percent, compared to $205 million for third quarter 2013.

Distributable cash flow (DCF) for third quarter 2014 was $161 million, an increase of $27 million, or 20 percent, compared to $134 million for third quarter 2013.

Revenues for the quarter grew to $803 million from $792 million in the previous year.

The Partnership reaffirms the previously announced adjusted EBITDA, DCF and per-unit distribution growth outlook for 2014 and 2015.

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