IPL reported an adjusted EBITDA of $273 mm (FCCe $247 mm; consensus $254 mm) and EPS of $0.39 (FCCe $0.39/share; consensus $0.36/share). Inter Pipeline expects to spend $260 mm in 2016, deploying $200 mm on growth projects and $60 mm in sustaining capital. Management plans to evaluate opportunities for acquisitions while maintaining its current prudent approach to “disciplined growth”. Inter Pipeline’s Executive Vice Chairman and Founder, David Fesyk, has announced that he will retire effective ....
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4Q15 FFO $211 mm (9% above FCCe $193 mm; consensus $190 mm)
- Published:
22 Feb 2016 -
Author:
Steven I. Paget -
Pages:
6
IPL reported an adjusted EBITDA of $273 mm (FCCe $247 mm; consensus $254 mm) and EPS of $0.39 (FCCe $0.39/share; consensus $0.36/share). Inter Pipeline expects to spend $260 mm in 2016, deploying $200 mm on growth projects and $60 mm in sustaining capital. Management plans to evaluate opportunities for acquisitions while maintaining its current prudent approach to “disciplined growth”. Inter Pipeline’s Executive Vice Chairman and Founder, David Fesyk, has announced that he will retire effective ....