Difference between revisions of "User:RahalMccall69"

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(Shriners refused to take no for an answer)
(Boardwalk Announces Second Quarter 2014 Results And Quarterly Distribution Of $0.10 Per Unit)
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A few weeks ago I went to Centralia for their celebration of antiques they have a beautiful downtown, by the way. If you haven t been you should visit the antique stores, lovely coffee shops, and a McMenamin s that has a movie theater. While shopping I stumbled on a gold mine purchase in my life a Shriner bobble head doll, still in it s original box.I love the Shriners. When I was 8 our next door neighbor was doing a medical school rotation at the Shriners Hospital in San Francisco, and upon seeing that I was confined to a wheelchair and in a fair amount of pain he asked if he could help. My parents told him that I d seen a lot of doctors who said nothing could be done, and that my care would continue to be about pain management and mobility aids. My neighbor set me up with an appointment with some Shriners orthopedic specialists who looked into my case, took me in as a patient, and had me walking again, pain free, within six months.One of my clearest memories of being at Shriners was walking up and down a hallway while some doctors watched my feet. One of my heels didn t touch the ground and caused me great pain if and when it did -- this is something that caused them great concern. Each of them looked at each other, tilted their heads to the side while watching me <a href=http://www.louisvuitton-pascher.com>Yayoi Kusama Louis Vuitton Soldes</a> and said, well, what if we tried until they came up with a plan.This is what the Shriners do they take cases of children under a certain income level that they feel are underserved: burn victims, children with spinal chord injuries, and those with orthopedic problems and ask themselves what they can do to make sure that child is living the best life they can have. That starts from the moment you walk in the door at Shriners you still have to go to school (they had their own teachers who helped you do homework sent from your school) and you had to get yourself there. For one girl that meant rolling herself down the hallway on a table they d put wheels on.Not all the kids at Shriners were as lucky as I was all that remains of my condition is a long scar on the back of my leg. But over the course of your time there they don t set limits in the quest to make you mobile and pain free. Like all other Shriners patients, they continued to see me for free until I was 21. They had to kick me out -- I liked it there so much. That could be seen as an odd sentiment for someone to have for a hospital but their version of hospital didn t fit with what everyone else thought hospitals had to be. Everyone in the hospital was committed to improving lives, <a href=http://www.louisvuitton-pascher.com/23-sac-porte-epaule>Sac port锟斤拷 锟斤拷paule</a> solving problems, and being present.Community engagement comes in a lot of different forms I spend quite a bit of time in conversation with folks who will tell you that problems <a href=http://www.louisvuitton-pascher.com/24-sac-porte-main>Sac port锟斤拷 main</a> in Olympia are intractable. They are things we have to live with. I guess it s a legacy of my time with the Shriners that makes me so optimistic and willing to tilt my head to the side as people are talking and say, well, what if we tried Every journey starts with a single step, it s true. And sometimes you have to learn how to take that step in the first place. Then you do one thing, and then another and another, and you see where those things take you.SideWalk has housed 200 people and counting. Big Brothers Big Sisters just started matching kids with mentors again. Olympians in a group pledging to Buy Nothing are organizing a gigantic clothing swap. The Clean Team could sure use our help keeping up downtown Olympia. Community gardens are in full swing all over town. Do a thing --every day.I miss my doctors at Shriners they used to joke that I was too easy. They d look up at me and wink -- saying, that s all you got for us? Come on now if you are going to be so mobile you should be running a marathon by now .  
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Operating revenues of $293.4 million for the quarter and $650.3 <a href=http://www.louisvuittontassenkopen.com/goedkoop-louis-vuitton-alma-12>Louis Vuitton Alma Tassen</a> million for the six months ended June 30, 2014, a 2% and 5% increase from $288.7 million and $617.2 million in the comparable 2013 periods;
  Emma Margraf is a writer, foster parent, and Development Director for SideWalk. She can be reached at .
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Net income attributable to controlling interests of $57.4 million for the quarter and $167.6 million for the six months ended June 30, 2014, a 19% and 3% decrease from $70.5 million and $171.9 million in the comparable 2013 periods;
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Adjusted earnings before interest, taxes, depreciation and amortization (Adjusted EBITDA) of $167.1 million for the quarter and $387.5 million for the six months ended June 30, 2014, a 6% decrease and a slight increase from $178.5 million and $387.2 million in the comparable 2013 periods; and
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Distributable cash flow of $124.1 million for the quarter and $285.9 million for the six months ended June 30, 2014, a 17% and 6% decrease from $148.7 million and $303.6 million in the comparable 2013 periods.
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Compared with the second quarter of 2013, the Partnership's results were relatively flat, excluding the effects of a $17.0 million gain on the sale of storage base gas which reduced operating expenses in the second quarter of 2013.
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Operating results on a year-to-date basis were impacted by the factor discussed above. Additionally, for the six months ended June 30, 2014, net income, Adjusted EBITDA and distributable cash flow were impacted by a $10.0 million charge to net income attributable to controlling interests related to the development of the Bluegrass Project.
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Capital Program
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Growth capital expenditures were $123.7 million and maintenance capital expenditures were $39.0 million for the six months ended June 30, 2014.
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Conference Call
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The Partnership has scheduled a conference call for August 4, 2014, at 9:00 a.m. Eastern time to review the quarterly results, current market conditions and distribution amount. The earnings call may be accessed via the Boardwalk website at . Please access the website at least 10 minutes before the event begins to register and download and install any necessary audio software. Those interested in participating in the question <a href=http://www.louisvuittontassenkopen.com/goedkoop-louis-vuitton-speedy-17>Louis Vuitton tassen Speedy</a> and answer session of the conference call should dial (866) 318-8614 for callers in the U.S. or (617) 399-5133 for callers outside the U.S. The PIN number to access the call is 59984967.
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Replay
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An online replay will be available on the Boardwalk website immediately following the call.
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Non-GAAP Financial Measures - Adjusted EBITDA and Distributable Cash Flow
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The Partnership uses non-GAAP measures to evaluate its business and performance, including Adjusted EBITDA and distributable cash flow. Adjusted EBITDA is used as a supplemental financial measure by management and by external users of the Partnership's financial statements, such as investors, commercial banks, research analysts and rating agencies, to assess the Partnership's operating and financial performance, ability to generate cash and return on invested capital as compared to those of other companies in the midstream portion of the natural gas <a href=http://www.louisvuittontassenkopen.com/goedkoop-louis-vuitton-portemonn-16>Louis Vuitton Portemonn</a> and natural gas liquids industry. Distributable cash flow is used as a supplemental financial measure by management and by external users of the Partnership's financial statements to assess the Partnership's ability to make cash distributions to its unitholders and general partner.
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Adjusted EBITDA and distributable cash flow should not be considered alternatives to net income, operating income, cash flow from operating activities or any other measure of financial performance or liquidity presented in accordance with generally accepted accounting principles (GAAP). Adjusted EBITDA and distributable cash flow are not necessarily comparable to similarly titled measures of another company.
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  About Boardwalk
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Boardwalk Pipeline Partners, LP (NYSE: ) is a midstream master limited partnership that provides transportation, storage, gathering and processing of natural gas and liquids for its customers. Boardwalk and its subsidiaries own and operate approximately 14,450 miles of natural gas and liquids pipelines and underground storage caverns with an aggregate working gas capacity of approximately 207 billion cubic feet and liquids capacity of approximately 18 million barrels. Boardwalk is a subsidiary of Loews Corporation (NYSE: ), which holds 53% of Boardwalk's equity, excluding incentive distribution rights. Additional information about the Partnership can be found on its website at .

Revision as of 10:18, 13 August 2014

@@@ Operating revenues of $293.4 million for the quarter and $650.3 <a href=http://www.louisvuittontassenkopen.com/goedkoop-louis-vuitton-alma-12>Louis Vuitton Alma Tassen</a> million for the six months ended June 30, 2014, a 2% and 5% increase from $288.7 million and $617.2 million in the comparable 2013 periods; Net income attributable to controlling interests of $57.4 million for the quarter and $167.6 million for the six months ended June 30, 2014, a 19% and 3% decrease from $70.5 million and $171.9 million in the comparable 2013 periods; Adjusted earnings before interest, taxes, depreciation and amortization (Adjusted EBITDA) of $167.1 million for the quarter and $387.5 million for the six months ended June 30, 2014, a 6% decrease and a slight increase from $178.5 million and $387.2 million in the comparable 2013 periods; and Distributable cash flow of $124.1 million for the quarter and $285.9 million for the six months ended June 30, 2014, a 17% and 6% decrease from $148.7 million and $303.6 million in the comparable 2013 periods.

Compared with the second quarter of 2013, the Partnership's results were relatively flat, excluding the effects of a $17.0 million gain on the sale of storage base gas which reduced operating expenses in the second quarter of 2013.
Operating results on a year-to-date basis were impacted by the factor discussed above. Additionally, for the six months ended June 30, 2014, net income, Adjusted EBITDA and distributable cash flow were impacted by a $10.0 million charge to net income attributable to controlling interests related to the development of the Bluegrass Project.
Capital Program
Growth capital expenditures were $123.7 million and maintenance capital expenditures were $39.0 million for the six months ended June 30, 2014. 
Conference Call
The Partnership has scheduled a conference call for August 4, 2014, at 9:00 a.m. Eastern time to review the quarterly results, current market conditions and distribution amount. The earnings call may be accessed via the Boardwalk website at . Please access the website at least 10 minutes before the event begins to register and download and install any necessary audio software. Those interested in participating in the question <a href=http://www.louisvuittontassenkopen.com/goedkoop-louis-vuitton-speedy-17>Louis Vuitton tassen Speedy</a> and answer session of the conference call should dial (866) 318-8614 for callers in the U.S. or (617) 399-5133 for callers outside the U.S. The PIN number to access the call is 59984967.
Replay
An online replay will be available on the Boardwalk website immediately following the call.
Non-GAAP Financial Measures - Adjusted EBITDA and Distributable Cash Flow
The Partnership uses non-GAAP measures to evaluate its business and performance, including Adjusted EBITDA and distributable cash flow. Adjusted EBITDA is used as a supplemental financial measure by management and by external users of the Partnership's financial statements, such as investors, commercial banks, research analysts and rating agencies, to assess the Partnership's operating and financial performance, ability to generate cash and return on invested capital as compared to those of other companies in the midstream portion of the natural gas <a href=http://www.louisvuittontassenkopen.com/goedkoop-louis-vuitton-portemonn-16>Louis Vuitton Portemonn</a> and natural gas liquids industry. Distributable cash flow is used as a supplemental financial measure by management and by external users of the Partnership's financial statements to assess the Partnership's ability to make cash distributions to its unitholders and general partner.
Adjusted EBITDA and distributable cash flow should not be considered alternatives to net income, operating income, cash flow from operating activities or any other measure of financial performance or liquidity presented in accordance with generally accepted accounting principles (GAAP). Adjusted EBITDA and distributable cash flow are not necessarily comparable to similarly titled measures of another company.
About Boardwalk
Boardwalk Pipeline Partners, LP (NYSE: ) is a midstream master limited partnership that provides transportation, storage, gathering and processing of natural gas and liquids for its customers. Boardwalk and its subsidiaries own and operate approximately 14,450 miles of natural gas and liquids pipelines and underground storage caverns with an aggregate working gas capacity of approximately 207 billion cubic feet and liquids capacity of approximately 18 million barrels. Boardwalk is a subsidiary of Loews Corporation (NYSE: ), which holds 53% of Boardwalk's equity, excluding incentive distribution rights. Additional information about the Partnership can be found on its website at .
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