Oklahoma City-based Enable Midstream Partners, LP, a company with more than 14,000 miles of pipeline operations in the U.S. plans to release its second quarter earnings report next month.
The company announced it will release the financial results before the market opens on Wednesday, Aug. 5. The release will be followed by a conference call at 9 a.m. CDT where leadership will discuss the results.
Enable reported net income at the end of the first quarter in May was $112 million which was $10 million less than the first quarter of 2019. Net income attributable to common units was $103 million, down $10 million from the $113 million reported a year earlier.
Net cash for the quarter dropped $15 million and totaled $200 million. Adjusted EBITDA was $286 million, down $11 million from the first quarter of 2019.
The company took $28 million in cash impairments during the quarter.
Source: Enable Midstream