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About Boardwalk Pipeline Partners (NYSE:BWP)
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
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 Ratio7.73
Forward P/E Ratio8.96
P/E GrowthN/A
Sales & Book Value
Annual Sales$1.32 billion
Price / Sales2.00
Cash Flow$2.5971 per share
Price / Cash4.07
Book Value$19.11 per share
Price / Book0.55
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
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. Shareholders of record on Thursday, May 10th will be paid a dividend of $0.10 per share on Thursday, May 17th. This represents a $0.40 annualized dividend and a yield of 3.78%. The ex-dividend date is Wednesday, May 9th. View Boardwalk Pipeline Partners' Dividend History.
How were Boardwalk Pipeline Partners' earnings last quarter?
Boardwalk Pipeline Partners (NYSE:BWP) issued its quarterly earnings data on Monday, April, 30th. The pipeline company reported $0.39 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.39 by $0.01. The pipeline company earned $335.40 million during the quarter, compared to the consensus estimate of $345.22 million. Boardwalk Pipeline Partners had a net margin of 21.29% and a return on equity of 6.85%. The business's quarterly revenue was down 8.6% compared to the same quarter last year. During the same quarter last year, the company earned $0.47 earnings per share. View Boardwalk Pipeline Partners' Earnings History.
When is Boardwalk Pipeline Partners' next earnings date?
What price target have analysts set for BWP?
8 analysts have issued 12-month price objectives for Boardwalk Pipeline Partners' shares. Their predictions range from $12.00 to $18.00. On average, they anticipate Boardwalk Pipeline Partners' stock price to reach $15.2857 in the next year. 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 Targa Resources (TRGP), Western Gas Partners (WES), Western Gas Equity (WGP), EQT Holdings Management (EQGP), Enable Midstream Partners (ENBL), DCP Midstream (DCP), EnLink Midstream Partners (ENLK), Antero Midstream Partners (AM), EQT Midstream Partners (EQM), Tallgrass Energy GP (TEGP), Antero Midstream GP (AMGP), Tallgrass Energy Partners (TEP), EnLink Midstream (ENLC), Transportadora de Gas del Sur (TGS) and Rice Midstream Partners (RMP).
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 - Boardwalk GP LLC (Age 64)
- Mr. Richard E. Keyser, Sr. VP of Operations, Engineering & Construction
Has Boardwalk Pipeline Partners been receiving favorable news coverage?
News coverage about BWP stock has trended positive recently, Accern Sentiment Analysis reports. The research group identifies positive and negative press coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Boardwalk Pipeline Partners earned a news impact score of 0.33 on Accern's scale. They also gave news headlines about the pipeline company an impact score of 46.95 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the next several days.
Who are Boardwalk Pipeline Partners' major shareholders?
Boardwalk Pipeline Partners' stock is owned by a variety of of institutional and retail investors. Top institutional investors include BOARDWALK PIPELINES HOLDING CORP. (50.20%), Alps Advisors Inc. (3.90%), Maple Brown Abbott Ltd (3.16%), Magnolia Group LLC (2.17%), Atlantic Trust Group LLC (1.72%) and JPMorgan Chase & Co. (1.38%). View Institutional Ownership Trends for Boardwalk Pipeline Partners.
Which institutional investors are selling Boardwalk Pipeline Partners stock?
BWP stock was sold by a variety of institutional investors in the last quarter, including Boston Partners, JPMorgan Chase & Co., Alps Advisors Inc., Hsbc Holdings PLC, Russell Investments Group Ltd., Royal Bank of Canada, Neuberger Berman Group LLC and SG Americas Securities LLC. View Insider Buying and Selling for Boardwalk Pipeline Partners.
Which institutional investors are buying Boardwalk Pipeline Partners stock?
BWP stock was purchased by a variety of institutional investors in the last quarter, including Magnolia Group LLC, Brookfield Asset Management Inc., Maple Brown Abbott Ltd, Summit Trail Advisors LLC, Massachusetts Financial Services Co. MA, Northwestern Mutual Investment Management Company LLC, Atlantic Trust Group LLC and Municipal Employees Retirement System of Michigan. 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.
What is Boardwalk Pipeline Partners' stock price today?
One share of BWP stock can currently be purchased for approximately $10.57.
How big of a company is Boardwalk Pipeline Partners?
Boardwalk Pipeline Partners has a market capitalization of $2.75 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 (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.
Boardwalk Pipeline Partners (NYSE:BWP) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
8 Wall Street analysts have issued ratings and price targets for Boardwalk Pipeline Partners in the last 12 months. Their average twelve-month price target is $15.2857, suggesting that the stock has a possible upside of 44.61%. The high price target for BWP is $18.00 and the low price target for BWP is $12.00. There are currently 1 sell rating, 4 hold ratings and 3 buy ratings for the stock, resulting in a consensus rating of "Hold."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Hold | Hold | Hold | Hold |
| Consensus Rating Score: | 2.25 | 2.38 | 2.38 | 2.40 |
| Ratings Breakdown: | 1 Sell Rating(s)
4 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s) | 1 Sell Rating(s)
3 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s) | 1 Sell Rating(s)
3 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s) | 1 Sell Rating(s)
1 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $15.2857 | $18.00 | $18.3750 | $20.60 |
| Price Target Upside: | 44.61% upside | 76.30% upside | 59.78% upside | 41.10% upside |
Boardwalk Pipeline Partners (NYSE:BWP) Consensus Price Target History
Boardwalk Pipeline Partners (NYSE:BWP) Analyst Ratings History
Show:
(Data available from 5/25/2016 forward)
Boardwalk Pipeline Partners (NYSE:BWP) Dividend Information
Boardwalk Pipeline Partners pays an annual dividend of $0.40 per share, with a dividend yield of 3.78%. BWP's most recent quarterly dividend payment was Thursday, May 17. Boardwalk Pipeline Partners pays out 29.63% of its earnings out as a dividend.
| Most Recent Dividend: | 5/17/2018 |
| Annual Dividend: | $0.40 |
| Dividend Yield: | 3.78% |
| Dividend Growth: | 0.00% (3 Year Average) |
| Payout Ratio(s): | 29.63% (Trailing 12 Months of Earnings)
33.90% (Based on This Year's Estimates)
39.60% (Based on Next Year's Estimates)
15.40% (Based on Cash Flow)
|
| Frequency: | Quarterly Dividend |
Boardwalk Pipeline Partners (NYSE:BWP) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 4/30/2018 | quarterly | $0.10 | 3.62% | 5/9/2018 | 5/10/2018 | 5/17/2018 |
| 2/12/2018 | quarterly | $0.10 | 3.94% | 2/21/2018 | 2/22/2018 | 3/1/2018 |
| 10/30/2017 | quarterly | $0.10 | 2.85% | 11/8/2017 | 11/9/2017 | 11/16/2017 |
| 7/31/2017 | Quarterly | $0.10 | 2.44% | 8/8/2017 | 8/10/2017 | 8/17/2017 |
| 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 | $0.5325 | 7.06% | 11/5/2013 | 11/7/2013 | 11/14/2013 |
| 7/29/2013 | quarterly | $0.5325 | 6.67% | 8/6/2013 | 8/8/2013 | 8/15/2013 |
| 4/29/2013 | quarterly | $0.5325 | 7.05% | 5/7/2013 | 5/9/2013 | 5/16/2013 |
| 2/11/2013 | quarterly | $0.5325 | 7.94% | 2/19/2013 | 2/21/2013 | 2/28/2013 |
(Data available from 1/1/2013 forward)
Boardwalk Pipeline Partners (NYSE BWP) Insider Trading and Institutional Ownership History
Institutional Ownership Percentage: 93.61%
Boardwalk Pipeline Partners (NYSE BWP) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 2/20/2018 | Stanley C Horton | CEO | Buy | 1,000 | $11.13 | $11,130.00 | |  |
| 8/25/2015 | Kenneth I Siegel | Director | Buy | 20,000 | $12.91 | $258,200.00 | 20,000 | |
| 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)
Boardwalk Pipeline Partners (NYSE BWP) News Headlines
| Source: |
|
| Date | Headline |
|---|
 | Boardwalk Pipeline Partners (BWP) Receives Average Recommendation of "Hold" from Analysts
www.americanbankingnews.com - May 25 at 1:01 PM |
 | Bandera Partners Issues Public Letter to Board of Loews Corporation Regarding Boardwalk Pipeline Partners
finance.yahoo.com - May 21 at 3:19 PM |
| Boardwalk Pipeline Partners (BWP) Expected to Post Quarterly Sales of $316.93 Million
www.americanbankingnews.com - May 19 at 4:37 AM |
| US Capital Advisors Analysts Lower Earnings Estimates for Boardwalk Pipeline Partners (BWP)
www.americanbankingnews.com - May 17 at 7:14 AM |
| $0.25 EPS Expected for Boardwalk Pipeline Partners (BWP) This Quarter
www.americanbankingnews.com - May 17 at 5:54 AM |
| Boardwalk Pipeline Partners (BWP) Forecasted to Post Q2 2018 Earnings of $0.20 Per Share
www.americanbankingnews.com - May 16 at 7:26 AM |
| Here Are the Top MLP Performers Last Week
finance.yahoo.com - May 14 at 3:20 PM |
 | Barclays questions Loews tactics over Boardwalk Pipeline 'tease'
seekingalpha.com - May 12 at 10:55 AM |
| TAM Capital Management Responds to Loews’s Failure to Address Complaints of Unfair Dealing with Boardwalk LP Minority Unitholders
finance.yahoo.com - May 11 at 3:29 PM |
| Boardwalk Pipeline shareholder accuses Loews of driving down price
seekingalpha.com - May 10 at 3:20 PM |
 | Recent Analysis Shows Boardwalk Pipeline Partners, Chegg, CommScope Holding ...
globenewswire.com - May 9 at 3:22 PM |
| TAM Capital Management Sends Open Letter To the Boards of Directors of Loews Corporation and Boardwalk Partners LP
finance.yahoo.com - May 8 at 3:17 PM |
| Recent Analysis Shows Boardwalk Pipeline Partners, Chegg, CommScope Holding, Exact Sciences, HollyFrontier, and Hecla Mining Market Influences — Renewed Outlook, Key Drivers of Growth
finance.yahoo.com - May 8 at 8:09 AM |
 | Cash Dividend On The Way From Boardwalk Pipeline Partners (BWP)
www.nasdaq.com - May 7 at 3:23 PM |
 | Are Boardwalk Pipeline Partners' Days as a Public Company Numbered?
www.fool.com - May 7 at 12:30 PM |
| Reviewing Targa Resources (TRGP) & Boardwalk Pipeline Partners (BWP)
www.americanbankingnews.com - May 6 at 11:34 AM |
| Boardwalk Pipeline Partners LP Stock Getting Very Oversold
www.nasdaq.com - May 4 at 3:22 PM |
| Boardwalk Pipeline Partners (BWP) Upgraded by Zacks Investment Research to "Hold"
www.americanbankingnews.com - May 3 at 10:55 PM |
| Boardwalk Pipeline Partners (BWP) Cut to Strong Sell at ValuEngine
www.americanbankingnews.com - May 3 at 10:05 PM |
| Boardwalk Pipeline Partners Target of Unusually High Options Trading (BWP)
www.americanbankingnews.com - May 3 at 7:58 AM |
| Boardwalk Pipeline Partners (BWP) and Archrock Partners (APLP) Financial Comparison
www.americanbankingnews.com - May 2 at 9:40 PM |
| Boardwalk Pipeline Partners (BWP) Given a $12.00 Price Target by Barclays Analysts
www.americanbankingnews.com - May 1 at 10:01 AM |
| Boardwalk Pipeline Partners (BWP) Downgraded by US Capital Advisors
www.americanbankingnews.com - May 1 at 9:13 AM |
| Boardwalk Pipeline Partners' (BWP) CEO Stanley Horton on Q1 2018 Results - Earnings Call Transcript
seekingalpha.com - May 1 at 6:58 AM |
| Edited Transcript of BWP earnings conference call or presentation 30-Apr-18 1:30pm GMT
finance.yahoo.com - May 1 at 6:58 AM |
| Boardwalk Pipeline Partners (BWP) Expected to Announce Quarterly Sales of $348.26 Million
www.americanbankingnews.com - May 1 at 2:22 AM |
| Boardwalk Pipeline Partners misses by $0.01, misses on revenue
seekingalpha.com - April 30 at 3:19 PM |
| Boardwalk Pipeline Partners, LP Bottom Line Falls In Q1
www.nasdaq.com - April 30 at 3:19 PM |
| Loews (L) Q1 Earnings Beat, Rise Y/Y on Lower Share Count
finance.yahoo.com - April 30 at 3:19 PM |
| Boardwalk Pipeline Partners +11% as Loews may take company private
seekingalpha.com - April 30 at 10:49 AM |
| Boardwalk Pipeline Partners (BWP) Receives Consensus Recommendation of "Hold" from Analysts
www.americanbankingnews.com - April 30 at 9:23 AM |
| Boardwalk Pipeline Partners (BWP) Posts Earnings Results, Misses Estimates By $0.01 EPS
www.americanbankingnews.com - April 30 at 8:35 AM |
| Boardwalk Pipeline Partners Declares Quarterly Dividend of $0.10 (BWP)
www.americanbankingnews.com - April 30 at 7:40 AM |
| Zacks: Analysts Expect Boardwalk Pipeline Partners (BWP) to Post $0.39 Earnings Per Share
www.americanbankingnews.com - April 29 at 5:20 PM |
 | Form NQ Global X Funds For: Feb 28
www.streetinsider.com - April 27 at 3:14 PM |
| Can Solid CNA Financial Results Drive Loews (L) Q1 Earnings?
finance.yahoo.com - April 27 at 3:14 PM |
| Boardwalk Pipeline Partners (BWP) Set to Announce Earnings on Monday
www.americanbankingnews.com - April 23 at 5:02 AM |
| Analysts Issue Forecasts for Boardwalk Pipeline Partners' FY2018 Earnings (BWP)
www.americanbankingnews.com - April 19 at 7:14 AM |
| FY2020 Earnings Estimate for Boardwalk Pipeline Partners Issued By US Capital Advisors (BWP)
www.americanbankingnews.com - April 18 at 8:58 AM |
| Stock Traders Buy High Volume of Call Options on Boardwalk Pipeline Partners (BWP)
www.americanbankingnews.com - April 17 at 7:33 AM |
| Boardwalk Pipeline Partners (BWP) Downgraded by Royal Bank of Canada
www.americanbankingnews.com - April 14 at 4:13 PM |
| Boardwalk Pipeline Partners (BWP) Expected to Post Quarterly Sales of $348.26 Million
www.americanbankingnews.com - April 14 at 2:22 AM |
| Boardwalk Pipeline Partners (BWP) Lowered to "Sell" at BidaskClub
www.americanbankingnews.com - April 13 at 4:55 PM |
| Zacks: Brokerages Anticipate Boardwalk Pipeline Partners (BWP) Will Post Earnings of $0.40 Per Share
www.americanbankingnews.com - April 12 at 5:22 PM |
| Boardwalk Pipeline Partners (BWP) Rating Lowered to Strong Sell at BidaskClub
www.americanbankingnews.com - April 11 at 10:10 PM |
| Boardwalk To Release First Quarter 2018 Results On April 30, 2018
finance.yahoo.com - April 11 at 3:22 PM |
| Loews Corporation to Release First Quarter 2018 Results on April 30, 2018
finance.yahoo.com - April 11 at 3:22 PM |
| Boardwalk Pipeline Partners (BWP) Downgraded by ValuEngine
www.americanbankingnews.com - April 11 at 12:37 PM |
| New Strong Sell Stocks for April 9th
finance.yahoo.com - April 9 at 3:23 PM |
| Q1 2018 EPS Estimates for Boardwalk Pipeline Partners (BWP) Decreased by Analyst
www.americanbankingnews.com - April 9 at 1:34 AM |
Boardwalk Pipeline Partners (NYSE:BWP) SEC Filings
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Boardwalk Pipeline Partners (NYSE:BWP) Income Statement, Balance Sheet and Cash Flow Statement
Boardwalk Pipeline Partners (NYSE BWP) Stock Chart for Friday, May, 25, 2018
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