Seeking Alpha

More on Williams Partners' Q2 results

  • Williams Partners (WPZ) reaffirms guidance for cash distributions to reflect an annual growth rate of 8%-9% for 2013 and 6%-8% for 2014-2015. (Q2 earnings)
  • Slightly lowers 2013-14 guidance for earnings and distributable cash flow primarily to reflect the expected financial impact of last month's explosion at the Geismar olefins plant as well as expected lower natural gas liquids processing margins.
  • Plans to restart Geismar and bring the plant's expansion online by next April.

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