EPS of $0.33 beat estimates of $0.24 and revenues of $219.41M missed expectations of $252M. Its FFO of $142M decreased by 31% year-over-year due to a 71% decline in Henry Hub gas price and current income tax. While it experienced some difficulties in the quarter, such as the Alberta wildfires, its mechanistic hedging program helped deliver strong funds from operations, helping to offset some of these challenges. The market seems pleased with the results and its outlook was largely positive. Payout ratio is ~50% and it has a debt-to-equity ratio of 0.37 and net debt / EBITDA of 1.0X.
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