TEPPCO fourth quarter profit, revenue rise

Tue Feb 6, 2007 8:23pm EST
 
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NEW YORK, Feb 6 (Reuters) - Pipeline company TEPPCO Partners LP TPP.N said on Tuesday its fourth-quarter profit rose 27 percent as revenue increased.

The company said its net income rose to $56.6 million, or 53 cents per unit, from $44.6 million, or 45 cents per unit, for the year-ago quarter.

Total operating revenue rose to $2.74 billion from $2.49 billion in the same quarter a year ago.

 

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