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

About Boardwalk Pipeline Partners, LP (NYSE:BWP)

Boardwalk 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: 591,650 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. Stockholders of record on Thursday, May 11th will be paid 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 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) released its earnings results on Monday, May, 1st. The company reported $0.47 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.41 by $0.06. The company had revenue of $367 million for the quarter, compared to analyst estimates of $354.09 million. Boardwalk Pipeline Partners, LP had a net margin of 23.12% and a return on equity of 6.81%. The company's revenue for the quarter was up 6.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.40 EPS. 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?

6 brokerages have issued 1-year target prices for Boardwalk Pipeline Partners, LP's shares. Their predictions range from $16.00 to $35.00. On average, they expect Boardwalk Pipeline Partners, LP's stock price to reach $21.40 in the next twelve months. View Analyst Ratings for Boardwalk Pipeline Partners, LP.

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

Some companies that are related to Boardwalk Pipeline Partners, LP include Markwest Energy Partners LP (MWE), Western Gas Partners, LP (WES), Enable Midstream Partners LP (ENBL), Antero Midstream Partners LP (AM), Enbridge Energy Partners, L.P. (EEP), EQT Midstream Partners LP (EQM), Shell Midstream Partners LP (SHLX), DCP Midstream LP (DCP), NuStar Energy L.P. (NS), Plains GP Holdings LP (PAGP), TC Pipelines, LP (TCP), Genesis Energy, L.P. (GEL), Tallgrass Energy Partners LP (TEP), EnLink Midstream LLC (ENLC), Valero Energy Partners LP (VLP), Dominion Energy Midstream Partners LP (DM), QEP Resources (QEP) and Holly Energy Partners, L.P. (HEP).

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.

MarketBeat Community Rating for Boardwalk Pipeline Partners, LP (NYSE:BWP)

Community Ranking:		2.0 out of 5 ( )
Outperform Votes:		108 (Vote Outperform)
Underperform Votes:		165 (Vote Underperform)
Total Votes:		273

These ratings are a survey of what our community members think about Boardwalk Pipeline Partners, LP. An outperform vote indicates that you believe the stock will outperform the S&P 500 over the long term. An underperform vote indicates that you believe the stock will underperform the S&P 500.

Consensus Ratings for Boardwalk Pipeline Partners, LP (NYSE:BWP) (?)

Ratings Breakdown:	1 Sell Rating, 3 Hold Ratings, 2 Buy Ratings
Consensus Rating:	Hold (Score: 2.17)
Consensus Price Target:	$21.40 (17.39% upside)

Analysts' Ratings History for Boardwalk Pipeline Partners, LP (NYSE:BWP)

Show:

Date	Firm	Action	Rating	Price Target	Impact on Share Price
5/9/2017	Wells Fargo & Co	Reiterated Rating	Outperform	$35.00	Low
4/13/2017	Royal Bank of Canada	Reiterated Rating	Buy	$21.00	Low
9/29/2016	Janney Montgomery Scott	Initiated Coverage	Neutral	$18.00	N/A
8/16/2016	Credit Suisse Group AG	Reiterated Rating	Neutral		N/A
8/2/2016	Barclays PLC	Boost Price Target	Underweight	$15.00 -> $16.00	N/A
7/21/2016	Ladenburg Thalmann Financial Services	Downgrade	Buy -> Neutral	$17.00	N/A
5/27/2016	JPMorgan Chase & Co.	Boost Price Target	Overweight	$19.00 -> $21.00	N/A
4/12/2016	Drexel Hamilton	Reiterated Rating	Buy	$18.00	N/A
9/1/2015	Bank of America Corp	Lower Price Target	Buy	$21.00 -> $18.00	N/A

(Data available from 5/28/2015 forward)

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)

Date	Quarter	Consensus Estimate	Actual EPS	Revenue Estimate	Actual Revenue	Release Link	Conference Call
7/31/2017
5/1/2017	Q1 2017	$0.41	$0.47	$354.09 million	$367.00 million	View	Listen
2/6/2017	Q416	$0.30	$0.35	$333.96 million	$352.60 million	View	Listen
10/31/2016	Q316	$0.19	$0.19	$299.47 million	$303.30 million	View	Listen
8/1/2016	Q216	$0.20	$0.26	$299.35 million	$306.30 million	View	Listen
5/2/2016	Q116	$0.35	$0.40	$337.88 million	$345.00 million	View	Listen
2/8/2016	Q415	$0.23	$0.26	$315.33 million	$326.80 million	View	Listen
11/2/2015	Q315	$0.14	$0.15	$283.73 million	$294.10 million	View	Listen
8/3/2015	Q215	$0.18	$0.16	$284.63 million	$298.60 million	View	Listen
5/4/2015	Q115	$0.37	$0.31	$333.10 million	$329.70 million	View	Listen
2/9/2015	Q414	$0.18	$0.15	$289.12 million	$304.60 million	View	Listen
11/3/2014	Q314	$0.11	$0.12	$253.20 million	$278.90 million	View	Listen
8/4/2014	Q214	$0.16	$0.23	$261.09 million	$293.40 million	View	Listen
4/28/2014	Q114	$0.32	$0.44	$303.09 million	$356.90 million	View	Listen
2/10/2014	Q413	$0.31	$0.08	$323.28 million	$312.90 million	View	Listen
10/28/2013	Q313	$0.26	$0.21	$294.95 million	$275.50 million	View	Listen
7/29/2013	Q2 2013	$0.30	$0.30	$302.84 million	$288.70 million	View	Listen
4/29/2013	Q1 2013	$0.40	$0.42	$335.38 million	$328.50 million	View	Listen
2/11/2013	Q4 2012	$0.37	$0.38	$341.74 million	$325.70 million	View	Listen
10/29/2012	Q312	$0.28	$0.26	$288.53 million	$270.60 million	View	N/A
7/30/2012		$0.25	$0.30			View	N/A
4/30/2012		$0.43	$0.43			View	N/A
2/6/2012		$0.40	$0.36			View	N/A
10/31/2011		$0.24	$0.23			View	N/A
8/1/2011		$0.32	$0.07			View	N/A
5/2/2011		$0.48	$0.42			View	N/A
2/7/2011		$0.39	$0.45			View	N/A

(Data available from 1/1/2011 forward)

Earnings Estimates for Boardwalk Pipeline Partners, LP (NYSE:BWP)

2017 EPS Consensus Estimate: $1.32
2018 EPS Consensus Estimate: $1.57

Quarter	Number of Estimates	Low Estimate	High Estimate	Average Estimate
Q1 2017	1	$0.49	$0.49	$0.49
Q2 2017	1	$0.27	$0.27	$0.27
Q3 2017	1	$0.23	$0.23	$0.23
Q4 2017	1	$0.33	$0.33	$0.33
Q1 2018	1	$0.44	$0.44	$0.44
Q2 2018	1	$0.24	$0.24	$0.24
Q3 2018	1	$0.35	$0.35	$0.35
Q4 2018	1	$0.54	$0.54	$0.54

(Data provided by Zacks Investment Research)

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)

Announced	Period	Amount	Yield	Ex-Dividend Date	Record Date	Payable Date
5/1/2017	quarterly	$0.10	2.18%	5/9/2017	5/11/2017	5/18/2017
2/6/2017	quarterly	$0.10	2.13%	2/14/2017	2/16/2017	2/23/2017
11/1/2016	Quarterly	$0.10		11/8/2016	11/10/2016	11/17/2016
8/1/2016	quarterly	$0.10	2.46%	8/9/2016	8/11/2016	8/18/2016
5/2/2016	quarterly	$0.10	2.44%	5/10/2016	5/12/2016	5/19/2016
2/8/2016	quarterly	$0.10	3.57%	2/16/2016	2/18/2016	2/25/2016
11/2/2015	quarterly	$0.10	2.9%	11/9/2015	11/12/2015	11/19/2015
8/3/2015	quarterly	$0.10	2.82%	8/11/2015	8/13/2015	8/20/2015
5/5/2015	quarterly	$0.10	2.35%	5/12/2015	5/14/2015	5/21/2015
2/9/2015	quarterly	$0.10	2.52%	2/17/2015	2/19/2015	2/26/2015
11/3/2014	quarterly	$0.10	2.39%	11/10/2014	11/13/2014	11/20/2014
8/4/2014	quarterly	$0.10	2.04%	8/12/2014	8/14/2014	8/21/2014
4/28/2014	quarterly	$0.10	2.43%	5/6/2014	5/8/2014	5/15/2014
2/10/2014	quarterly	$0.10	2.98%	2/18/2014	2/20/2014	2/27/2014
10/28/2013	quarterly	$0.53	7.06%	11/5/2013	11/7/2013	11/14/2013
7/29/2013	quarterly	$0.53	6.67%	8/6/2013	8/8/2013	8/15/2013
4/29/2013	quarterly	$0.53	7.05%	5/7/2013	5/9/2013	5/16/2013
2/11/2013	quarterly	$0.53	7.94%	2/19/2013	2/21/2013	2/28/2013

(Data available from 1/1/2013 forward)

Insider Trading and Institutional Ownership History for Boardwalk Pipeline Partners, LP (NYSE:BWP)

Institutional Ownership Percentage: 92.58%

Institutional Ownership by Quarter for Boardwalk Pipeline Partners, LP (NYSE:BWP)

Insider Trades by Quarter for Boardwalk Pipeline Partners, LP (NYSE:BWP)

Transaction Date	Insider Name	Title	Buy/Sell	Number of Shares	Average Share Price	Total Transaction
8/25/2015	Kenneth I Siegel	Director	Buy	20,000	$12.91	$258,200.00
8/10/2015	Stanley C Horton	CEO	Buy	2,000	$13.44	$26,880.00
5/7/2015	Stanley C Horton	CEO	Buy	5,000	$16.65	$83,250.00
2/28/2014	Stanley Horton	CEO	Buy	5,000	$12.40	$62,000.00

(Data available from 1/1/2013 forward)

Headline Trends for Boardwalk Pipeline Partners, LP (NYSE:BWP) Latest Headlines for Boardwalk Pipeline Partners, LP (NYSE:BWP)

Source:

Date	Headline
	Boardwalk Pipeline Partners, LP (BWP) Expected to Announce Quarterly Sales of $321.32 Million www.americanbankingnews.com - May 27 at 8:05 AM
	3 Value Stocks for Astute Investors www.fool.com - May 26 at 5:02 PM
	Q2 2017 Earnings Forecast for Boardwalk Pipeline Partners, LP (BWP) Issued By US Capital Advisors www.americanbankingnews.com - May 26 at 8:00 AM
	Brokerages Anticipate Boardwalk Pipeline Partners, LP (BWP) to Announce $0.28 EPS www.americanbankingnews.com - May 25 at 8:18 PM
	Boardwalk 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
	Boardwalk Pipeline Partners, LP (BWP) Given Average Rating of "Hold" by Brokerages www.americanbankingnews.com - May 15 at 10:28 AM
	Boardwalk 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
	Boardwalk 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
	Boardwalk 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
	Boardwalk Pipeline Partners,'s (BWP) Outperform Rating Reiterated at Wells Fargo & Co www.americanbankingnews.com - May 9 at 9:48 AM
	Boardwalk Pipeline Partners L.P. (BWP) Ex-Dividend Date Scheduled for May 09, 2017 - Nasdaq www.nasdaq.com - May 9 at 8:35 AM
	Zacks: Brokerages Anticipate Boardwalk Pipeline Partners, LP (BWP) to Post $0.28 EPS www.americanbankingnews.com - May 5 at 11:45 PM
	Midstream Stocks: Which Ones Have the Most Bearish Traders? finance.yahoo.com - May 4 at 4:12 PM
	ETFs with exposure to Boardwalk Pipeline Partners LP : May 4, 2017 finance.yahoo.com - May 4 at 4:12 PM
	$320.98 Million in Sales Expected for Boardwalk Pipeline Partners, LP (BWP) This Quarter www.americanbankingnews.com - May 4 at 1:10 PM
	Boardwalk Pipeline Partners LP :BWP-US: Earnings Analysis: Q1, 2017 By the Numbers : May 3, 2017 finance.yahoo.com - May 3 at 4:08 PM
	Edited Transcript of BWP earnings conference call or presentation 1-May-17 1:30pm GMT finance.yahoo.com - May 2 at 7:33 PM
	Boardwalk Pipeline Partners Is About to Make 1 Last Big Project Push finance.yahoo.com - May 2 at 7:33 PM
	Boardwalk Pipeline Partners, LP (BWP) Expected to Post Earnings of $0.28 Per Share www.americanbankingnews.com - May 2 at 3:56 PM
	Boardwalk Pipeline Partners, LP (BWP) Posts Earnings Results, Beats Expectations By $0.06 EPS www.americanbankingnews.com - May 2 at 11:16 AM
	Loews (L) Beats Q1 Earnings Estimates, Revenues Increase finance.yahoo.com - May 1 at 4:03 PM
	Boardwalk Pipeline Partners, LP (BWP) Plans Quarterly Dividend of $0.10 www.americanbankingnews.com - May 1 at 12:54 PM
	Boardwalk Pipeline Partners beats by $0.07, beats on revenue seekingalpha.com - May 1 at 8:58 AM
	Boardwalk Pipeline Partners Q1 Profit Rises - Quick Facts www.nasdaq.com - May 1 at 8:58 AM
	Boardwalk Announces First Quarter 2017 Results And Quarterly Distribution Of $0.10 Per Unit finance.yahoo.com - May 1 at 8:58 AM
	Boardwalk Pipeline Partners, (BWP) Given Daily News Sentiment Rating of 0.26 www.americanbankingnews.com - April 29 at 5:27 PM
	Boardwalk Pipeline Partners, LP (BWP) to Release Quarterly Earnings on Monday www.americanbankingnews.com - April 29 at 1:29 AM
	Boardwalk Pipeline Partners, LP (BWP) to Release Earnings on Monday www.americanbankingnews.com - April 29 at 1:27 AM
	Boardwalk 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
	Pre-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
	Boardwalk Pipeline Partners LP – Value Analysis (NYSE:BWP) : April 28, 2017 finance.yahoo.com - April 28 at 5:03 PM
	The Math Shows MLPX Can Go To $16 - Nasdaq www.nasdaq.com - April 27 at 9:31 PM
	Boardwalk 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
	Boardwalk Pipeline Partners, (BWP) Given Daily Media Impact Score of 0.33 www.americanbankingnews.com - April 26 at 10:16 PM
	Boardwalk Pipeline Partners, LP (BWP) Cut to Hold at Zacks Investment Research www.americanbankingnews.com - April 26 at 8:28 PM
	Trump's tax cut proposal shines light on MLPs finance.yahoo.com - April 26 at 3:19 PM
	MLPs: Chaotic Commodities Can't Crush MLPs seekingalpha.com - April 23 at 9:22 PM
	Plains All American Commences Open Season for New Pipeline - Yahoo Finance finance.yahoo.com - April 20 at 9:12 PM
	Investors Should Watch These Midstream Stocks finance.yahoo.com - April 20 at 4:11 PM
	Swank 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
	Is Boardwalk Pipeline a Great Stock for Value Investors? - Nasdaq www.nasdaq.com - April 19 at 1:07 PM
	Hate Risk? You'll Love These 3 Stocks finance.yahoo.com - April 19 at 1:07 PM
	Williams Partners to Sell Geismar Olefins Plant for $2.1 Billion finance.yahoo.com - April 18 at 3:58 PM
	Positive Press Coverage Likely to Affect Boardwalk Pipeline Partners, (BWP) Stock Price www.americanbankingnews.com - April 18 at 1:32 PM
	Is Boardwalk Pipeline a Great Stock for Value Investors? finance.yahoo.com - April 18 at 12:38 PM
	Boardwalk To Release First Quarter 2017 Results On May 1, 2017 finance.yahoo.com - April 18 at 12:38 PM
	Boardwalk Pipeline Partners, LP (BWP) Receives Consensus Rating of "Hold" from Analysts www.americanbankingnews.com - April 18 at 10:03 AM
	Somewhat Favorable Press Coverage Somewhat Likely to Impact Boardwalk Pipeline Partners, (BWP) Share Price www.americanbankingnews.com - April 15 at 12:33 PM
	Boardwalk 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
	Zacks Investment Research Upgrades Boardwalk Pipeline Partners, LP (BWP) to "Buy" www.americanbankingnews.com - April 13 at 6:50 PM