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For the fiscal year ended 31 December 2016, Midcoast Energy Partners LP revenues decreased 31% to $1.97B. Net loss applicable to common stockholders decreased 28% to $165.9M. Revenues reflect Logistics and marketing segment decrease of 46% to $1.25B, Gathering, processing and transportation segment decrease of 22% to $1.13B. Lower net loss reflects Gathering, processing and transportation segment loss decrease of 41% to $131.2M.
Period Ending: | Dec 31, 2016 | Sep 30, 2016 | Jun 30, 2016 | Mar 31, 2016 |
---|---|---|---|---|
Total Revenue | 620.5 | 486 | 427.6 | 431.9 |
Gross Profit | 53.2 | 84.4 | 41.9 | 82.1 |
Operating Income | -33 | -30.3 | -60.9 | -28.4 |
Net Income | -22.2 | -20.7 | -36.8 | -20.2 |
Period Ending: | Dec 31, 2016 | Sep 30, 2016 | Jun 30, 2016 | Mar 31, 2016 |
---|---|---|---|---|
Total Assets | 4916 | 4981.7 | 5047.6 | 5142.6 |
Total Liabilities | 3445.3 | 3472.8 | 3501.5 | 3543.2 |
Total Equity | 1470.7 | 1508.9 | 1546.1 | 1599.4 |
Period Ending: | Dec 31, 2016 | Sep 30, 2016 | Jun 30, 2016 | Mar 31, 2016 |
---|---|---|---|---|
Period Length: | 12 Months | 9 Months | 6 Months | 3 Months |
Cash From Operating Activities | 226.9 | 139.9 | 102.8 | 123.3 |
Cash From Investing Activities | -37.1 | -17.2 | -31 | -9.9 |
Cash From Financing Activities | -200.4 | -140.7 | -81.7 | -80 |
Net Change in Cash | -10.6 | -18 | -9.9 | 33.4 |
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