Sign Up Now!
Back to Results
Note: Only one slide is currently available because you are not currently logged in.
Q4 2011 Earnings Release
| Kevin Hadlock | Page 14 of 11 |
July 05, 2015
View in Results
"Q4 2011 Earnings Release"
View Full Document
Slides may show historical information no longer relevant. All slides to be viewed in context of the entire presentation and time. See
® ? 2011 Highlights - Earned record net income of $67.9 million in 2011 - Return on equity was 11.4% for the 12 months ended December 31, 2011 - Incremental transportation revenues from Overthrust Loop Expansion and lower interest expense more than offset decline in natural gas liquid revenues - Completed other key projects including ML 3 replacement project and ML 104 extension - Received authorization to increase Clay Basin storage capacity by 2.7 bcf - Combined O&M and G&A were $0.10 per Mdth in 2011 down $0.01 compared to the prior year ? Outlook - Earnings expected to be flat over five-year planning horizon - Projecting cumulative free cash flow(1) of about $350 million over five-year plan 14 (1) Net cash from operating activities less net cash used in investing activities