Williams Partners Q1 Net Falls

Williams Partners L.P. today announced first-quarter net income of $12.5 million, compared with first-quarter 2006 net income of $37.6 million.
Distributable cash flow for limited-partner unitholders for Williams Partners totaled $18.9 million for the first quarter of 2007, compared to $6.8 million for the same period in 2006.
Consolidated recurring segment profit for Williams Partners and its Discovery interest for first-quarter 2007 was $35.4 million, compared to the restated $35.8 million for first-quarter 2006.
Williams Partners L.P. primarily gathers, transports and processes natural gas. The general partner is Williams Partners GP LLC.

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