Boardwalk Pipeline Partners, LP Company Profile (NYSE:BWP)

About Boardwalk Pipeline Partners, LP (NYSE:BWP)

Boardwalk Pipeline Partners, LP logoBoardwalk Pipeline Partners, LP is a limited partnership company. The Company's business includes integrated natural gas and natural gas liquids, and other hydrocarbons (referred to together as NGLs) pipeline and storage systems. The Company is engaged in the operation of interstate natural gas and NGLs pipeline systems, and integrated storage facilities, including interstate natural gas pipeline systems located in the Gulf Coast region, Oklahoma, Arkansas and the Midwestern states of Tennessee, Kentucky, Illinois, Indiana and Ohio, and its NGLs pipelines and storage facilities in Louisiana and Texas. The Company conducts business through its subsidiary, Boardwalk Pipelines, LP (Boardwalk Pipelines), and its subsidiaries, Gulf South Pipeline Company, LP, Texas Gas Transmission, LLC, Gulf Crossing Pipeline Company LLC, Boardwalk Louisiana Midstream, LLC, Boardwalk Petrochemical Pipeline, LLC and Boardwalk Field Services, LLC.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Oil & Gas Pipelines
  • Sub-Industry: N/A
  • Symbol: NYSE:BWP
  • CUSIP: N/A
  • Web: www.bwpmlp.com
Capitalization:
  • Market Cap: $4.56 billion
  • Outstanding Shares: 250,296,000
Average Prices:
  • 50 Day Moving Avg: $18.27
  • 200 Day Moving Avg: $17.97
  • 52 Week Range: $15.97 - $18.95
P/E:
  • Trailing P/E Ratio: 14.53
  • Foreward P/E Ratio: 12.23
  • P/E Growth: 2.52
Sales & Book Value:
  • Annual Revenue: $1.33 billion
  • Price / Sales: 3.43
  • Book Value: $18.11 per share
  • Price / Book: 1.01
Dividend:
  • Annual Dividend: $0.40
  • Dividend Yield: 2.2%
Profitability:
  • EBIDTA: $823.8 million
  • Net Margins: 23.12%
  • Return on Equity: 6.81%
  • Return on Assets: 3.55%
Debt:
  • Debt-to-Equity Ratio: 0.81%
  • Current Ratio: 0.82%
  • Quick Ratio: 0.82%
Misc:
  • Average Volume: 598,814 shs.
  • Beta: 0.75
  • Short Ratio: 21.02
 

Frequently Asked Questions for Boardwalk Pipeline Partners, LP (NYSE:BWP)

What is Boardwalk Pipeline Partners, LP's stock symbol?

Boardwalk Pipeline Partners, LP trades on the New York Stock Exchange (NYSE) under the ticker symbol "BWP."

How often does Boardwalk Pipeline Partners, LP pay dividends? What is the dividend yield for Boardwalk Pipeline Partners, LP?

Boardwalk Pipeline Partners, LP announced a quarterly dividend on Monday, May 1st. Investors of record on Thursday, May 11th will be given a dividend of $0.10 per share on Thursday, May 18th. This represents a $0.40 annualized dividend and a dividend yield of 2.19%. The ex-dividend date of this dividend is Tuesday, May 9th. View Boardwalk Pipeline Partners, LP's Dividend History.

How were Boardwalk Pipeline Partners, LP's earnings last quarter?

Boardwalk Pipeline Partners, LP (NYSE:BWP) announced its quarterly earnings results on Monday, May, 1st. The company reported $0.47 EPS for the quarter, beating the consensus estimate of $0.41 by $0.06. The business earned $367 million during the quarter, compared to the consensus estimate of $354.09 million. Boardwalk Pipeline Partners, LP had a return on equity of 6.81% and a net margin of 23.12%. The business's revenue was up 6.4% on a year-over-year basis. During the same period last year, the company posted $0.40 earnings per share. View Boardwalk Pipeline Partners, LP's Earnings History.

When will Boardwalk Pipeline Partners, LP make its next earnings announcement?

Boardwalk Pipeline Partners, LP is scheduled to release their next quarterly earnings announcement on Monday, July, 31st 2017. View Earnings Estimates for Boardwalk Pipeline Partners, LP.

Where is Boardwalk Pipeline Partners, LP's stock going? Where will Boardwalk Pipeline Partners, LP's stock price be in 2017?

7 analysts have issued 1-year price targets for Boardwalk Pipeline Partners, LP's stock. Their predictions range from $16.00 to $35.00. On average, they anticipate Boardwalk Pipeline Partners, LP's stock price to reach $21.33 in the next twelve months. View Analyst Ratings for Boardwalk Pipeline Partners, LP.

Who are some of Boardwalk Pipeline Partners, LP's key competitors?

Who owns Boardwalk Pipeline Partners, LP stock?

Boardwalk Pipeline Partners, LP's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include FMR LLC (3.61%), Morgan Stanley (3.57%), Atlantic Trust Group LLC (1.50%), Goldman Sachs Group Inc. (1.46%), Maple Brown Abbott Ltd (1.40%) and Bank of America Corp DE (1.35%). Company insiders that own Boardwalk Pipeline Partners, LP stock include Kenneth I Siegel and Stanley C Horton. View Institutional Ownership Trends for Boardwalk Pipeline Partners, LP.

Who sold Boardwalk Pipeline Partners, LP stock? Who is selling Boardwalk Pipeline Partners, LP stock?

Boardwalk Pipeline Partners, LP's stock was sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Bank of Montreal Can, FMR LLC, JPMorgan Chase & Co., Tocqueville Asset Management L.P., Wells Fargo & Company MN, TPH Asset Management LLC and Brookfield Asset Management Inc.. View Insider Buying and Selling for Boardwalk Pipeline Partners, LP.

Who bought Boardwalk Pipeline Partners, LP stock? Who is buying Boardwalk Pipeline Partners, LP stock?

Boardwalk Pipeline Partners, LP's stock was purchased by a variety of institutional investors in the last quarter, including Kayne Anderson Capital Advisors LP, MARSHALL WACE ASIA Ltd, Marshall Wace North America L.P., ING Groep NV, Morgan Stanley, Bank of America Corp DE, Atlantic Trust Group LLC and State of Tennessee Treasury Department. Company insiders that have bought Boardwalk Pipeline Partners, LP stock in the last two years include Kenneth I Siegel and Stanley C Horton. View Insider Buying and Selling for Boardwalk Pipeline Partners, LP.

How do I buy Boardwalk Pipeline Partners, LP stock?

Shares of Boardwalk Pipeline Partners, LP can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Boardwalk Pipeline Partners, LP stock cost?

One share of Boardwalk Pipeline Partners, LP stock can currently be purchased for approximately $18.23.

Analyst Ratings

Consensus Ratings for Boardwalk Pipeline Partners, LP (NYSE:BWP) (?)
Ratings Breakdown: 1 Sell Rating, 3 Hold Ratings, 3 Buy Ratings
Consensus Rating:Hold (Score: 2.29)
Consensus Price Target: $21.33 (17.02% upside)

Analysts' Ratings History for Boardwalk Pipeline Partners, LP (NYSE:BWP)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/9/2017Wells Fargo & CoReiterated RatingOutperform$35.00LowView Rating Details
4/13/2017Royal Bank of CanadaReiterated RatingBuy$21.00LowView Rating Details
9/29/2016Janney Montgomery ScottInitiated CoverageNeutral$18.00N/AView Rating Details
8/16/2016Credit Suisse Group AGReiterated RatingNeutralN/AView Rating Details
8/2/2016Barclays PLCBoost Price TargetUnderweight$15.00 -> $16.00N/AView Rating Details
7/21/2016Ladenburg Thalmann Financial ServicesDowngradeBuy -> Neutral$17.00N/AView Rating Details
5/27/2016JPMorgan Chase & Co.Boost Price TargetOverweight$19.00 -> $21.00N/AView Rating Details
4/12/2016Drexel HamiltonReiterated RatingBuy$18.00N/AView Rating Details
9/1/2015Bank of America CorpLower Price TargetBuy$21.00 -> $18.00N/AView Rating Details
(Data available from 5/27/2015 forward)

Earnings

Earnings History for Boardwalk Pipeline Partners, LP (NYSE:BWP)
Earnings by Quarter for Boardwalk Pipeline Partners, LP (NYSE:BWP)
Earnings History by Quarter for Boardwalk Pipeline Partners, LP (NYSE:BWP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
7/31/2017        
5/1/2017Q1 2017$0.41$0.47$354.09 million$367.00 millionViewListenView Earnings Details
2/6/2017Q416$0.30$0.35$333.96 million$352.60 millionViewListenView Earnings Details
10/31/2016Q316$0.19$0.19$299.47 million$303.30 millionViewListenView Earnings Details
8/1/2016Q216$0.20$0.26$299.35 million$306.30 millionViewListenView Earnings Details
5/2/2016Q116$0.35$0.40$337.88 million$345.00 millionViewListenView Earnings Details
2/8/2016Q415$0.23$0.26$315.33 million$326.80 millionViewListenView Earnings Details
11/2/2015Q315$0.14$0.15$283.73 million$294.10 millionViewListenView Earnings Details
8/3/2015Q215$0.18$0.16$284.63 million$298.60 millionViewListenView Earnings Details
5/4/2015Q115$0.37$0.31$333.10 million$329.70 millionViewListenView Earnings Details
2/9/2015Q414$0.18$0.15$289.12 million$304.60 millionViewListenView Earnings Details
11/3/2014Q314$0.11$0.12$253.20 million$278.90 millionViewListenView Earnings Details
8/4/2014Q214$0.16$0.23$261.09 million$293.40 millionViewListenView Earnings Details
4/28/2014Q114$0.32$0.44$303.09 million$356.90 millionViewListenView Earnings Details
2/10/2014Q413$0.31$0.08$323.28 million$312.90 millionViewListenView Earnings Details
10/28/2013Q313$0.26$0.21$294.95 million$275.50 millionViewListenView Earnings Details
7/29/2013Q2 2013$0.30$0.30$302.84 million$288.70 millionViewListenView Earnings Details
4/29/2013Q1 2013$0.40$0.42$335.38 million$328.50 millionViewListenView Earnings Details
2/11/2013Q4 2012$0.37$0.38$341.74 million$325.70 millionViewListenView Earnings Details
10/29/2012Q312$0.28$0.26$288.53 million$270.60 millionViewN/AView Earnings Details
7/30/2012$0.25$0.30ViewN/AView Earnings Details
4/30/2012$0.43$0.43ViewN/AView Earnings Details
2/6/2012$0.40$0.36ViewN/AView Earnings Details
10/31/2011$0.24$0.23ViewN/AView Earnings Details
8/1/2011$0.32$0.07ViewN/AView Earnings Details
5/2/2011$0.48$0.42ViewN/AView Earnings Details
2/7/2011$0.39$0.45ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Boardwalk Pipeline Partners, LP (NYSE:BWP)
2017 EPS Consensus Estimate: $1.32
2018 EPS Consensus Estimate: $1.54
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.49$0.49$0.49
Q2 20171$0.27$0.27$0.27
Q3 20171$0.23$0.23$0.23
Q4 20171$0.33$0.33$0.33
Q1 20181$0.44$0.44$0.44
Q2 20181$0.21$0.21$0.21
Q3 20181$0.35$0.35$0.35
Q4 20181$0.54$0.54$0.54
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Boardwalk Pipeline Partners, LP (NYSE:BWP)
Most Recent Dividend:5/18/2017
Annual Dividend:$0.40
Dividend Yield:2.19%
Dividend Growth:-48.00% (3 Year Average)
Payout Ratio:33.33% (Trailing 12 Months of Earnings)
29.41% (Based on This Year's Estimates)
26.85% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Boardwalk Pipeline Partners, LP (NYSE:BWP)

Dividend History by Quarter for Boardwalk Pipeline Partners, LP (NYSE:BWP)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
5/1/2017quarterly$0.102.18%5/9/20175/11/20175/18/2017
2/6/2017quarterly$0.102.13%2/14/20172/16/20172/23/2017
11/1/2016Quarterly$0.1011/8/201611/10/201611/17/2016
8/1/2016quarterly$0.102.46%8/9/20168/11/20168/18/2016
5/2/2016quarterly$0.102.44%5/10/20165/12/20165/19/2016
2/8/2016quarterly$0.103.57%2/16/20162/18/20162/25/2016
11/2/2015quarterly$0.102.9%11/9/201511/12/201511/19/2015
8/3/2015quarterly$0.102.82%8/11/20158/13/20158/20/2015
5/5/2015quarterly$0.102.35%5/12/20155/14/20155/21/2015
2/9/2015quarterly$0.102.52%2/17/20152/19/20152/26/2015
11/3/2014quarterly$0.102.39%11/10/201411/13/201411/20/2014
8/4/2014quarterly$0.102.04%8/12/20148/14/20148/21/2014
4/28/2014quarterly$0.102.43%5/6/20145/8/20145/15/2014
2/10/2014quarterly$0.102.98%2/18/20142/20/20142/27/2014
10/28/2013quarterly$0.537.06%11/5/201311/7/201311/14/2013
7/29/2013quarterly$0.536.67%8/6/20138/8/20138/15/2013
4/29/2013quarterly$0.537.05%5/7/20135/9/20135/16/2013
2/11/2013quarterly$0.537.94%2/19/20132/21/20132/28/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Boardwalk Pipeline Partners, LP (NYSE:BWP)
Institutional Ownership Percentage: 92.58%
Insider Trades by Quarter for Boardwalk Pipeline Partners, LP (NYSE:BWP)
Institutional Ownership by Quarter for Boardwalk Pipeline Partners, LP (NYSE:BWP)
Insider Trades by Quarter for Boardwalk Pipeline Partners, LP (NYSE:BWP)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/25/2015Kenneth I SiegelDirectorBuy20,000$12.91$258,200.00View SEC Filing  
8/10/2015Stanley C HortonCEOBuy2,000$13.44$26,880.00View SEC Filing  
5/7/2015Stanley C HortonCEOBuy5,000$16.65$83,250.00View SEC Filing  
2/28/2014Stanley HortonCEOBuy5,000$12.40$62,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Boardwalk Pipeline Partners, LP (NYSE:BWP)
Latest Headlines for Boardwalk Pipeline Partners, LP (NYSE:BWP)
Source:
DateHeadline
fool.com logo3 Value Stocks for Astute Investors
www.fool.com - May 26 at 5:02 PM
americanbankingnews.com logoQ2 2017 Earnings Forecast for Boardwalk Pipeline Partners, LP (BWP) Issued By US Capital Advisors
www.americanbankingnews.com - May 26 at 8:00 AM
americanbankingnews.com logo Brokerages Anticipate Boardwalk Pipeline Partners, LP (BWP) to Announce $0.28 EPS
www.americanbankingnews.com - May 25 at 8:18 PM
finance.yahoo.com logoBoardwalk Pipeline Partners LP breached its 50 day moving average in a Bullish Manner : BWP-US : May 22, 2017
finance.yahoo.com - May 22 at 12:48 PM
americanbankingnews.com logoBoardwalk Pipeline Partners, LP (BWP) Given Average Rating of "Hold" by Brokerages
www.americanbankingnews.com - May 15 at 10:28 AM
finance.yahoo.com logoBoardwalk Pipeline Partners LP breached its 50 day moving average in a Bullish Manner : BWP-US : May 12, 2017
finance.yahoo.com - May 12 at 4:39 PM
finance.yahoo.com logoBoardwalk Pipeline Partners LP breached its 50 day moving average in a Bullish Manner : BWP-US : May 12, 2017
finance.yahoo.com - May 12 at 4:39 PM
finance.yahoo.com logoBoardwalk Pipeline Partners LP : BWP-US: Dividend Analysis : May 11th, 2017 (record date) : By the numbers : May 9, 2017
finance.yahoo.com - May 9 at 4:06 PM
americanbankingnews.com logoBoardwalk Pipeline Partners,'s (BWP) Outperform Rating Reiterated at Wells Fargo & Co
www.americanbankingnews.com - May 9 at 9:48 AM
nasdaq.com logoBoardwalk Pipeline Partners L.P. (BWP) Ex-Dividend Date Scheduled for May 09, 2017 - Nasdaq
www.nasdaq.com - May 9 at 8:35 AM
americanbankingnews.com logoZacks: Brokerages Anticipate Boardwalk Pipeline Partners, LP (BWP) to Post $0.28 EPS
www.americanbankingnews.com - May 5 at 11:45 PM
finance.yahoo.com logoMidstream Stocks: Which Ones Have the Most Bearish Traders?
finance.yahoo.com - May 4 at 4:12 PM
finance.yahoo.com logoETFs with exposure to Boardwalk Pipeline Partners LP : May 4, 2017
finance.yahoo.com - May 4 at 4:12 PM
americanbankingnews.com logo$320.98 Million in Sales Expected for Boardwalk Pipeline Partners, LP (BWP) This Quarter
www.americanbankingnews.com - May 4 at 1:10 PM
finance.yahoo.com logoBoardwalk Pipeline Partners LP :BWP-US: Earnings Analysis: Q1, 2017 By the Numbers : May 3, 2017
finance.yahoo.com - May 3 at 4:08 PM
finance.yahoo.com logoEdited Transcript of BWP earnings conference call or presentation 1-May-17 1:30pm GMT
finance.yahoo.com - May 2 at 7:33 PM
finance.yahoo.com logoBoardwalk Pipeline Partners Is About to Make 1 Last Big Project Push
finance.yahoo.com - May 2 at 7:33 PM
americanbankingnews.com logoBoardwalk Pipeline Partners, LP (BWP) Expected to Post Earnings of $0.28 Per Share
www.americanbankingnews.com - May 2 at 3:56 PM
americanbankingnews.com logoBoardwalk Pipeline Partners, LP (BWP) Posts Earnings Results, Beats Expectations By $0.06 EPS
www.americanbankingnews.com - May 2 at 11:16 AM
finance.yahoo.com logoLoews (L) Beats Q1 Earnings Estimates, Revenues Increase
finance.yahoo.com - May 1 at 4:03 PM
americanbankingnews.com logoBoardwalk Pipeline Partners, LP (BWP) Plans Quarterly Dividend of $0.10
www.americanbankingnews.com - May 1 at 12:54 PM
seekingalpha.com logoBoardwalk Pipeline Partners beats by $0.07, beats on revenue
seekingalpha.com - May 1 at 8:58 AM
nasdaq.com logoBoardwalk Pipeline Partners Q1 Profit Rises - Quick Facts
www.nasdaq.com - May 1 at 8:58 AM
finance.yahoo.com logoBoardwalk Announces First Quarter 2017 Results And Quarterly Distribution Of $0.10 Per Unit
finance.yahoo.com - May 1 at 8:58 AM
americanbankingnews.com logoBoardwalk Pipeline Partners, (BWP) Given Daily News Sentiment Rating of 0.26
www.americanbankingnews.com - April 29 at 5:27 PM
americanbankingnews.com logoBoardwalk Pipeline Partners, LP (BWP) to Release Quarterly Earnings on Monday
www.americanbankingnews.com - April 29 at 1:29 AM
americanbankingnews.com logoBoardwalk Pipeline Partners, LP (BWP) to Release Earnings on Monday
www.americanbankingnews.com - April 29 at 1:27 AM
americanbankingnews.com logoBoardwalk Pipeline Partners, LP to Post Q2 2018 Earnings of $0.21 Per Share, US Capital Advisors Forecasts (BWP)
www.americanbankingnews.com - April 28 at 11:00 PM
nasdaq.com logoPre-Market Earnings Report for May 1, 2017 : CAH, L, DISH, CMS, CNA, AMG, NRZ, BWP, MCY, TEN, EDR, AWI - Nasdaq
www.nasdaq.com - April 28 at 5:03 PM
finance.yahoo.com logoBoardwalk Pipeline Partners LP – Value Analysis (NYSE:BWP) : April 28, 2017
finance.yahoo.com - April 28 at 5:03 PM
nasdaq.com logoThe Math Shows MLPX Can Go To $16 - Nasdaq
www.nasdaq.com - April 27 at 9:31 PM
finance.yahoo.com logoBoardwalk Pipeline Partners LP breached its 50 day moving average in a Bearish Manner : BWP-US : April 27, 2017
finance.yahoo.com - April 27 at 4:30 PM
americanbankingnews.com logoBoardwalk Pipeline Partners, (BWP) Given Daily Media Impact Score of 0.33
www.americanbankingnews.com - April 26 at 10:16 PM
americanbankingnews.com logoBoardwalk Pipeline Partners, LP (BWP) Cut to Hold at Zacks Investment Research
www.americanbankingnews.com - April 26 at 8:28 PM
finance.yahoo.com logoTrump's tax cut proposal shines light on MLPs
finance.yahoo.com - April 26 at 3:19 PM
seekingalpha.com logoMLPs: Chaotic Commodities Can't Crush MLPs
seekingalpha.com - April 23 at 9:22 PM
finance.yahoo.com logoPlains All American Commences Open Season for New Pipeline - Yahoo Finance
finance.yahoo.com - April 20 at 9:12 PM
finance.yahoo.com logoInvestors Should Watch These Midstream Stocks
finance.yahoo.com - April 20 at 4:11 PM
bizjournals.com logoSwank Capital and Cushing® Asset Management Announce a Potential Constituent Change to The Cushing® 30 MLP Index
www.bizjournals.com - April 19 at 6:09 PM
nasdaq.com logoIs Boardwalk Pipeline a Great Stock for Value Investors? - Nasdaq
www.nasdaq.com - April 19 at 1:07 PM
finance.yahoo.com logoHate Risk? You'll Love These 3 Stocks
finance.yahoo.com - April 19 at 1:07 PM
finance.yahoo.com logoWilliams Partners to Sell Geismar Olefins Plant for $2.1 Billion
finance.yahoo.com - April 18 at 3:58 PM
americanbankingnews.com logoPositive Press Coverage Likely to Affect Boardwalk Pipeline Partners, (BWP) Stock Price
www.americanbankingnews.com - April 18 at 1:32 PM
finance.yahoo.com logoIs Boardwalk Pipeline a Great Stock for Value Investors?
finance.yahoo.com - April 18 at 12:38 PM
finance.yahoo.com logoBoardwalk To Release First Quarter 2017 Results On May 1, 2017
finance.yahoo.com - April 18 at 12:38 PM
americanbankingnews.com logoBoardwalk Pipeline Partners, LP (BWP) Receives Consensus Rating of "Hold" from Analysts
www.americanbankingnews.com - April 18 at 10:03 AM
americanbankingnews.com logoSomewhat Favorable Press Coverage Somewhat Likely to Impact Boardwalk Pipeline Partners, (BWP) Share Price
www.americanbankingnews.com - April 15 at 12:33 PM
finance.yahoo.com logoBoardwalk Pipeline Partners LP breached its 50 day moving average in a Bearish Manner : BWP-US : April 14, 2017
finance.yahoo.com - April 14 at 11:00 AM
americanbankingnews.com logoZacks Investment Research Upgrades Boardwalk Pipeline Partners, LP (BWP) to "Buy"
www.americanbankingnews.com - April 13 at 6:50 PM
americanbankingnews.com logoRoyal Bank of Canada Reiterates Buy Rating for Boardwalk Pipeline Partners, LP (BWP)
www.americanbankingnews.com - April 13 at 5:40 PM

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Boardwalk Pipeline Partners, LP (BWP) Chart for Saturday, May, 27, 2017

This page was last updated on 5/27/2017 by MarketBeat.com Staff