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 Ratio10.21
P/E GrowthN/A
Sales & Book Value
Annual Sales$1.32 billion
Price / Sales2.28
Cash Flow$2.6957 per share
Price / Cash4.47
Book Value$18.88 per share
Price / Book0.64
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$3,016.07
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. Investors 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 yield of 3.32%. 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) posted its quarterly earnings data on Monday, April, 30th. The pipeline company reported $0.39 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.39 by $0.01. The pipeline company had revenue of $335.40 million for the quarter, compared to analysts' expectations of $345.22 million. Boardwalk Pipeline Partners had a net margin of 21.29% and a return on equity of 6.85%. Boardwalk Pipeline Partners's revenue was down 8.6% compared to the same quarter last year. During the same period last year, the firm posted $0.47 EPS. View Boardwalk Pipeline Partners' Earnings History.
When is Boardwalk Pipeline Partners' next earnings date?
What price target have analysts set for BWP?
10 equities research analysts have issued 1 year target prices for Boardwalk Pipeline Partners' shares. Their forecasts range from $12.00 to $21.00. On average, they expect Boardwalk Pipeline Partners' share price to reach $15.5622 in the next twelve months. This suggests a possible upside of 29.1% from the stock's current price. View Analyst Ratings 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."
Who are some of Boardwalk Pipeline Partners' key competitors?
Some companies that are related to Boardwalk Pipeline Partners include Targa Resources (TRGP), Western Gas Equity Partners (WGP), Enable Midstream Partners (ENBL), Western Gas Partners (WES), EQT GP (EQGP), DCP Midstream (DCP), Antero Midstream Partners (AM), EnLink Midstream Partners (ENLK), EQT Midstream Partners (EQM), Tallgrass Energy GP (TEGP), Antero Midstream GP (AMGP), Tallgrass Energy (TGE), Tallgrass Energy Partners (TEP), EnLink Midstream (ENLC) and Transportadora de Gas del Sur (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?
Press coverage about BWP stock has trended somewhat positive on Thursday, Accern reports. The research group identifies positive and negative press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Boardwalk Pipeline Partners earned a news sentiment score of 0.20 on Accern's scale. They also gave media headlines about the pipeline company an impact score of 46.36 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the near term.
Who are Boardwalk Pipeline Partners' major shareholders?
Boardwalk Pipeline Partners' stock is owned by many different of retail and institutional investors. Top institutional shareholders include BOARDWALK PIPELINES HOLDING CORP. (50.20%), Bank of Montreal Can (0.97%), Spirit of America Management Corp NY (0.18%) and Nwam LLC (0.01%). View Institutional Ownership Trends for Boardwalk Pipeline Partners.
Which institutional investors are selling Boardwalk Pipeline Partners stock?
Which institutional investors are buying Boardwalk Pipeline Partners stock?
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.
What is Boardwalk Pipeline Partners' stock price today?
One share of BWP stock can currently be purchased for approximately $12.05.
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.
