MarketLine Company Profile: Boardwalk Pipeline Partners LP.

BOARDWALK Pipeline Partners LP BWP

Boardwalk Pipeline Partners, LP (BPP or the company) is involved in the interstate transportation and storage of natural gas and natural gas liquids (NGL) in the US. It transports and stores natural gas for local gas distribution companies (LDCs), municipalities, interstate and intrastate pipelines, direct industrial users, electric power generators, marketers, and producers. The company primarily operates in the US. BPP is headquartered in Houston, Texas and employed about 1,200 people as on December 31, 2013. The company recorded revenues of $1,205.6 million during the financial year ended December 2013 (FY2013), an increase of 1.7% over FY2012. The operating profit of the company was $414.5 million during FY2013, a decrease of 12.5% compared to FY2012. The net profit was $253.7 million in FY2013, a decrease of 17.1% compared to FY2012. [ABSTRACT FROM AUTHOR]

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