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Article: Northern Border Partners, L.P. Announces First Quarter Net Income.
- Article from:
- PR Newswire
- Article date:
- April 24, 2001
CopyrightCOPYRIGHT 2001 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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OMAHA, Neb., April 24 /PRNewswire Interactive Press Release/ --
Northern Border Partners, L.P. (NYSE: NBP) reported today first quarter 2001 recurring net income of $20.4 million or $0.62 per unit for the first quarter of 2001 compared to $18.0 million or $0.59 per unit last year. Cash flows from operating activities increased to $39.2 million in the recent quarter from $37.4 million a year ago. The recent acquisitions will begin contributing in the second quarter.
Northern Border Pipeline Company's transportation units averaged 2,350 million dekatherm miles per day (MMdthm/d) in the first quarter 2001 compared to 2,319 MMdthm/d in the first quarter of ...