Boardwalk Pipeline Partners, LP, through its subsidiaries, owns and operates integrated natural gas and natural gas liquids and other hydrocarbons (NGLs) pipeline and storage systems in the United States. It operates interstate natural gas and NGLs pipeline systems, and integrated storage facilities, which are located in the Gulf Coast region, Oklahoma, Arkansas and the Midwestern states of Tennessee, Kentucky, Illinois, Indiana and Ohio. The company's pipeline systems contain approximately 13,880 miles of interconnected natural gas pipelines, directly serving customers in 13 states and indirectly serving customers throughout the northeastern and southeastern United States through various interconnections with unaffiliated pipelines. It also owns and operates approximately 455 miles of NGLs pipelines serving customers in Louisiana and Texas. In addition, the company has underground storage caverns having aggregate capacity of approximately 205.0 billion cubic feet of working natural gas and 24.5 million barrels of NGLs. It serves producers of natural gas, local distribution companies, marketers, electric power generators, industrial users, and interstate and intrastate pipelines. The company was founded in 2005 and is headquartered in Houston, Texas. Boardwalk Pipeline Partners, LP is a subsidiary of Boardwalk Pipelines Holding Corp.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Natural gas transmission
Sub-IndustryN/A
SectorOils/Energy
SymbolNYSE:BWP
CUSIPN/A
Phone866-913-2122
Debt
Debt-to-Equity Ratio0.77
Current Ratio0.81
Quick Ratio0.81
Price-To-Earnings
Trailing P/E Ratio8.93
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual Sales$1.32 billion
Price / Sales0.00
Cash FlowN/A
Price / Cash4.47
Book Value$18.88 per share
Price / BookN/A
Profitability
EPS (Most Recent Fiscal Year)$1.35
Net Income$297 million
Net Margins21.29%
Return on Equity6.85%
Return on Assets3.65%
Miscellaneous
Employees1,260
Outstanding Shares250,300,000
Market Cap$3.02 billion
Boardwalk Pipeline Partners (NYSE:BWP) Frequently Asked Questions
What is Boardwalk Pipeline Partners' stock symbol?
Boardwalk Pipeline Partners trades on the New York Stock Exchange (NYSE) under the ticker symbol "BWP."
How often does Boardwalk Pipeline Partners pay dividends? What is the dividend yield for Boardwalk Pipeline Partners?
Boardwalk Pipeline Partners announced a quarterly dividend on Monday, April 30th. Stockholders of record on Thursday, May 10th will be given a dividend of $0.10 per share on Thursday, May 17th. This represents a $0.40 annualized dividend and a dividend yield of ∞. The ex-dividend date of this dividend is Wednesday, May 9th. View Boardwalk Pipeline Partners' Dividend History.
How were Boardwalk Pipeline Partners' earnings last quarter?
Boardwalk Pipeline Partners, LP (NYSE:BWP) released its earnings results on Monday, October, 30th. The pipeline company reported $0.27 EPS for the quarter, beating the consensus estimate of $0.26 by $0.01. The pipeline company had revenue of $300.50 million for the quarter, compared to the consensus estimate of $324.85 million. Boardwalk Pipeline Partners had a net margin of 21.29% and a return on equity of 6.85%. The firm's revenue was down .9% on a year-over-year basis. During the same period last year, the company posted $0.19 earnings per share. View Boardwalk Pipeline Partners' Earnings History.
What price target have analysts set for BWP?
10 analysts have issued 12 month price targets for Boardwalk Pipeline Partners' stock. Their predictions range from $12.00 to $21.00. On average, they anticipate Boardwalk Pipeline Partners' stock price to reach $15.5622 in the next year. View Analyst Price Targets for Boardwalk Pipeline Partners.
What is the consensus analysts' recommendation for Boardwalk Pipeline Partners?
10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Boardwalk Pipeline Partners in the last year. There are currently 1 sell rating, 6 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Boardwalk Pipeline Partners.
Who are some of Boardwalk Pipeline Partners' key competitors?
Some companies that are related to Boardwalk Pipeline Partners include Western Gas Partners (WES), Western Gas Equity Partners (WGP), Enable Midstream Partners (ENBL), Tallgrass Energy (TGE), EnLink Midstream Partners (ENLK), EQT GP (EQGP), DCP Midstream (DCP), Antero Midstream Partners (AM), EQT Midstream Partners (EQM), Tallgrass Energy GP (TEGP), Antero Midstream GP (AMGP), Tallgrass Energy Partners (TEP), EnLink Midstream (ENLC), TC Pipelines (TCP) and Transportadora de Gas del Sur SA ADR Class B (TGS).
Who are Boardwalk Pipeline Partners' key executives?
Boardwalk Pipeline Partners' management team includes the folowing people:
- Mr. Stanley C. Horton, CEO, Pres & Director of Boardwalk GP LLC (Age 68)
- Mr. Jamie L. Buskill, Sr. VP, Chief Financial & Admin. Officer and Treasurer of Boardwalk GP LLC (Age 53)
- Mr. Michael E. McMahon, Sr. VP, Gen. Counsel & Sec. of Boardwalk GP LLC (Age 62)
- Mr. John L. Haynes, Sr. VP, Chief Commercial Officer & Pres of Texas Intrastate of Boardwalk GP LLC (Age 63)
- Mr. Richard E. Keyser, Sr. VP of Operations, Engineering & Construction
Has Boardwalk Pipeline Partners been receiving favorable news coverage?
News headlines about BWP stock have been trending somewhat positive recently, Accern reports. Accern identifies negative and positive press coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Boardwalk Pipeline Partners earned a media and rumor sentiment score of 0.18 on Accern's scale. They also assigned media coverage about the pipeline company an impact score of 46.57 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the near future. View Recent Headlines for Boardwalk Pipeline Partners.
Who are Boardwalk Pipeline Partners' major shareholders?
Boardwalk Pipeline Partners' stock is owned by a variety of of retail and institutional investors. Top institutional investors include FMR LLC (6.28%), Alps Advisors Inc. (4.13%), Alps Advisors Inc. (4.12%), Maple Brown Abbott Ltd (3.20%), CIBC Private Wealth Group LLC (2.04%) and Magnolia Group LLC (1.81%). View Institutional Ownership Trends for Boardwalk Pipeline Partners.
Which major investors are selling Boardwalk Pipeline Partners stock?
BWP stock was sold by a variety of institutional investors in the last quarter, including Magnolia Group LLC, TAM Capital Management Inc., Morgan Stanley, Kayne Anderson Capital Advisors LP, Highland Capital Management LP, Matthew 25 Management Corp, Spirit of America Management Corp NY and Cbre Clarion Securities LLC. View Insider Buying and Selling for Boardwalk Pipeline Partners.
Which major investors are buying Boardwalk Pipeline Partners stock?
BWP stock was purchased by a variety of institutional investors in the last quarter, including FMR LLC, Commonwealth of Pennsylvania Public School Empls Retrmt SYS, CIBC Private Wealth Group LLC, Alps Advisors Inc., Alps Advisors Inc., Bank of Montreal Can, Putnam Investments LLC and ING Groep NV. View Insider Buying and Selling for Boardwalk Pipeline Partners.
How do I buy shares of Boardwalk Pipeline Partners?
Shares of BWP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How big of a company is Boardwalk Pipeline Partners?
Boardwalk Pipeline Partners has a market capitalization of $3.02 billion and generates $1.32 billion in revenue each year. The pipeline company earns $297 million in net income (profit) each year or $1.35 on an earnings per share basis. Boardwalk Pipeline Partners employs 1,260 workers across the globe.
How can I contact Boardwalk Pipeline Partners?
Boardwalk Pipeline Partners' mailing address is 9 Greenway Plaza Suite 2800, Houston TX, 77046. The pipeline company can be reached via phone at 866-913-2122 or via email at [email protected]
MarketBeat Community Rating for Boardwalk Pipeline Partners (NYSE BWP)
MarketBeat's community ratings are surveys of what our community members think about Boardwalk Pipeline Partners and other stocks. Vote "Outperform" if you believe BWP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe BWP will underperform the S&P 500 over the long term. You may vote once every thirty days.
