Boardwalk Pipeline (NYSE: BWP) posted higher Q3 results Monday. Net income rose to $40 million ($0.35 per common unit) vs. $30.6 million in Q3 of last year, beating analyst expectations of about $0.28 per unit. The MLP also declared an increase in distributions to $0.45 per unit, which is about 16% higher than Q3 of 2006. The BWP earnings call is scheduled for 9 AM EST and can be found at the link below.
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