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Article: Copano Energy Reports Third Quarter 2009 Results.

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PR Newswire
Article date:
November 4, 2009
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HOUSTON, Nov. 4 /PRNewswire-FirstCall/ -- Copano Energy, L.L.C. today announced its financial results for the three and nine months ended September 30, 2009.

"Despite a difficult environment for our customers, we are pleased to report full coverage of our unitholder distribution for the nineteenth consecutive quarter," said John Eckel, Copano Energy's Chairman and Chief Executive Officer.

Third Quarter Financial Results

Revenue for the third quarter of 2009 decreased 53% to $189.5 million compared with $402.9 million for the third quarter of 2008. Total segment gross margin decreased 13% to $53.4 million for the third quarter of 2009 from ...

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