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Company Profile

Veresen Inc.
Symbol: TSX: VSN    
Address: Suite 900, 222 - 3rd Avenue S.W.
Calgary, Alberta, Canada T2P 0B4
Phone: (403) 296-0140
Fax: (403) 213-3648
Contact: Don Althoff, President
Veresen Inc. owns and operates energy infrastructure assets across North America. Veresen is engaged in three principal businesses: a pipeline transportation business comprised of interests in the Alliance Pipeline, the Ruby Pipeline and the Alberta Ethane Gathering System; a midstream business which includes a partnership interest in Veresen Midstream Limited Partnership which owns midstream assets in western Canada and an ownership interest in Aux Sable, a world-class natural gas liquids (NGL) extraction facility near Chicago and other natural gas and NGL processing energy infrastructure; and a power business comprised of a portfolio of assets in Canada. Veresen is also developing Jordan Cove LNG, a six million tonne per annum natural gas liquefaction facility proposed to be constructed in Coos Bay, Oregon, and the Pacific Connector Gas Pipeline.

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Financial Results
 Current Quarter
Jun 30 - 2Q
Year Ago Quarter
Jun 30 - 2Q
Revenue (000s) 16,000 12,000
Net Income (000s) 157,000 16,000
EPS 0.41 0.03
 Current 6 monthsYear Ago 6 months
Revenue (000s) 28,000 24,000
Net Income (000s) 210,000 29,000
EPS 0.63 0.05

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