L · 10-Q · 2026Q3 · Full report

Boardwalk Transportation Demand

LOEWS CORP · 2026-11-02 · Importance 33 · Surprise 24

Boardwalk Pipelines’ third-quarter 2026 revenue increased $70 million year over year, including a $31 million increase in natural-gas transportation revenue from higher contracting rates and utilization and a $40 million increase in product sales, of which Continuum contributed $26 million. Third-quarter operating and other expenses rose $85 million, including $51 million in product-sales costs and $12 million in general and administrative expenses; Boardwalk also recorded a $9 million impairment charge for relocating its Houston headquarters. For the first nine months, revenue rose $118 million, including increases of $53 million in natural-gas transportation and $18 million in natural-gas storage and parking-and-lending revenue. Nine-month operating and other expenses increased $108 million, including $35 million in general and administrative expense and $9 million in operation and maintenance expense.

Key facts