After reporting a third quarter drop in earnings, Oklahoma City-based Enable Midstream Partners LP will release its fourth quarter and year-end 2017 financial results next month.
The company, with 13,000 miles of gathering pipelines plans a release before market hours on Tuesday, Feb. 20. It will hold a conference call later in the day at 9 a.m. Oklahoma time.
Enable said its third quarter 2017 net income was $113 million, a drop of $6 million compared to the third quarter of 2016. The company blamed the drop in net income to higher operation and maintenance and general and administrative expenses, higher interest expense and higher depreciation and amortization.
Enable not only has assets of the 13,000 miles of gathering pipelines bu has 7,800 miles of interstate lines. The company owns 50 percent of Southeast Supply Header LLC.