About Columbia Pipeline Partners LP (NYSE:CPPL)
Columbia Pipeline Partners LP (the Partnership) is a limited partnership company operating a portfolio of pipelines, storage and related midstream assets. It is engaged in interstate gas transportation and storage services for local distribution companies (LDCs), marketers and industrial and commercial customers located in northeastern, mid-Atlantic, Midwestern and southern states, and the District of Columbia along with unregulated businesses that include midstream services, including gathering, treating, conditioning, processing, compression and liquids handling, and development of mineral rights positions. The Company owns, operates and develops a portfolio of pipelines, storage and related midstream assets. The Company has a general partner interest in CPG OpCo LP (Columbia OpCo), as well as a limited partner interest in Columbia OpCo, a limited partnership that owns the natural gas transmission and storage assets of Columbia Energy Group (CEG).
Industry, Sector and Symbol:
- 200 Day Moving Avg: $17.15
- 52 Week Range: $16.00 - $17.25
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 18.24
- P/E Growth: 0.00
- Annual Dividend: $0.79
- Dividend Yield: 4.6%
- Net Margins: 6.40%
- Return on Equity: 0.92%
- Return on Assets: 0.84%
- Debt-to-Equity Ratio: 0.08%
- Current Ratio: 0.26%
- Quick Ratio: 0.24%
Frequently Asked Questions for Columbia Pipeline Partners LP (NYSE:CPPL)
What is Columbia Pipeline Partners LP's stock symbol?
Columbia Pipeline Partners LP trades on the New York Stock Exchange (NYSE) under the ticker symbol "CPPL."
How often does Columbia Pipeline Partners LP pay dividends? What is the dividend yield for Columbia Pipeline Partners LP?
Columbia Pipeline Partners LP declared a quarterly dividend on Friday, January 27th. Investors of record on Tuesday, February 7th will be given a dividend of $0.1975 per share on Monday, February 13th. This represents a $0.79 annualized dividend and a yield of 4.61%. The ex-dividend date is Friday, February 3rd. View Columbia Pipeline Partners LP's Dividend History.
How were Columbia Pipeline Partners LP's earnings last quarter?
Columbia Pipeline Partners LP (NYSE:CPPL) announced its earnings results on Tuesday, August, 2nd. The company reported $0.18 EPS for the quarter, meeting the consensus estimate of $0.18. The firm had revenue of $313.20 million for the quarter, compared to the consensus estimate of $352.67 million. Columbia Pipeline Partners LP had a return on equity of 0.92% and a net margin of 6.40%. The business's revenue was down .8% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.17 earnings per share. View Columbia Pipeline Partners LP's Earnings History.
Where is Columbia Pipeline Partners LP's stock going? Where will Columbia Pipeline Partners LP's stock price be in 2017?
2 equities research analysts have issued 1 year price objectives for Columbia Pipeline Partners LP's stock. Their predictions range from $17.00 to $17.00. On average, they anticipate Columbia Pipeline Partners LP's stock price to reach $17.00 in the next twelve months. View Analyst Ratings for Columbia Pipeline Partners LP.
Who are some of Columbia Pipeline Partners LP's key competitors?
Some companies that are related to Columbia Pipeline Partners LP include Enbridge (ENB), Enterprise Products Partners L.P. (EPD), TransCanada (TRP), Kinder Morgan (KMI), Williams Companies, Inc. (The) (WMB), ONEOK (OKE), Sunoco Logistics Partners LP (ETP), Magellan Midstream Partners L.P. (MMP), Plains All American Pipeline, L.P. (PAA), Mplx Lp (MPLX), Cheniere Energy Partners LP (CQP), Cheniere Energy Partners LP (CQP), Spectra Energy Partners, LP (SEP), Pembina Pipeline Corp. (PBA), Targa Resources (TRGP), Buckeye Partners L.P. (BPL), Enable Midstream Partners, LP (ENBL) and EQT Midstream Partners, LP (EQM).
When did Columbia Pipeline Partners LP IPO?
(CPPL) raised $800 million in an initial public offering (IPO) on Friday, February 6th 2015. The company issued 40,000,000 shares at $19.00-$21.00 per share. Barclays, Citigroup, BofA Merrill Lynch, Goldman Sachs, J.P. Morgan, Morgan Stanley and Wells Fargo Securities acted as the underwriters for the IPO and BNP PARIBAS, Credit Suisse, RBC Capital Markets, Fifth Third Securities, KeyBanc Capital Markets, MUFG, Mizuho Securities, Scotiabank- Howard Weil and Huntington Investment Company were co-managers.
How do I buy Columbia Pipeline Partners LP stock?
Shares of Columbia 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.
What is Columbia Pipeline Partners LP's stock price today?
MarketBeat Community Rating for Columbia Pipeline Partners LP (NYSE CPPL)MarketBeat's community ratings are surveys of what our community members think about Columbia Pipeline Partners LP and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Columbia Pipeline Partners LP stock can currently be purchased for approximately $17.15.
Consensus Ratings for Columbia Pipeline Partners LP (NYSE:CPPL) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus 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 will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||2 Hold Ratings|
|Consensus Rating:||Hold (Score: 2.00)|
|Consensus Price Target: ||$17.00 (0.87% downside)|Consensus Price Target History for Columbia Pipeline Partners LP (NYSE:CPPL)
Analysts' Ratings History for Columbia Pipeline Partners LP (NYSE:CPPL)
(Data available from 10/23/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|12/5/2016||DA Davidson||Reiterated Rating||Neutral||N/A|
|11/2/2016||Citigroup Inc.||Downgrade||Buy -> Neutral||$18.00 -> $17.00||N/A|
|9/27/2016||J P Morgan Chase & Co||Downgrade||Overweight -> Neutral||$23.00 -> $17.00||N/A|
|7/28/2016||Barclays PLC||Boost Price Target||Equal Weight||$15.00 -> $17.00||N/A|
|7/20/2016||Goldman Sachs Group, Inc. (The)||Initiated Coverage||Neutral||$15.00||N/A|
|5/5/2016||Jefferies Group LLC||Reiterated Rating||Buy||$22.00||N/A|
|4/19/2016||BMO Capital Markets||Initiated Coverage||Market Perform||$16.00||N/A|
|3/18/2016||Wolfe Research||Downgrade||Outperform -> Peer Perform||N/A|
|3/18/2016||Credit Suisse Group||Upgrade||Neutral -> Outperform||$22.00 -> $23.00||N/A|
|3/11/2016||US Capital Advisors||Downgrade||Buy -> Hold||N/A|
|2/25/2016||Morgan Stanley||Initiated Coverage||Overweight||$21.00||N/A|
|12/15/2015||Scotiabank||Reiterated Rating||Sector Perform||N/A|
|12/15/2015||Howard Weil||Downgrade||Sector Outperform -> Sector Perform||$34.00 -> $20.00||N/A|
|12/8/2015||Mitsubishi UFJ Financial Group Inc||Reiterated Rating||Neutral||N/A|
Earnings History for Columbia Pipeline Partners LP (NYSE:CPPL)Earnings History by Quarter for Columbia Pipeline Partners LP (NYSE CPPL)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|8/2/2016||Q216||$0.18||$0.18||$352.67 million||$313.20 million||View||N/A|
|5/3/2016||Q116||$0.25||$0.25||$361.98 million||$363.50 million||View||N/A|
|2/18/2016||Q415||$0.20||$0.22||$365.44 million||$357.00 million||View||Listen|
|11/3/2015||Q315||$0.18||$0.22||$345.44 million||$320.00 million||View||Listen|
|8/3/2015||Q215||$0.19||$0.17||$358.20 million||$315.60 million||View||Listen|
|4/30/2015||Q115||$0.21||$0.13||$354.26 million||$339.20 million||View||N/A|
Earnings Estimates for Columbia Pipeline Partners LP (NYSE:CPPL)
Current Year EPS Consensus Estimate: $0.82 EPS
Next Year EPS Consensus Estimate: $0.94 EPS
Current Dividend Information for Columbia Pipeline Partners LP (NYSE:CPPL)
|Most Recent Dividend:||2/13/2017|
|Dividend Growth:||0.00% (3 Year Average)|
|Payout Ratio:||112.86% (Trailing 12 Months of Earnings) |
96.34% (Based on This Year's Estimates)
84.04% (Based on Next Year's Estimates)
Dividend History by Quarter for Columbia Pipeline Partners LP (NYSE CPPL)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Columbia Pipeline Partners LP (NYSE:CPPL)
Institutional Ownership Percentage: 88.16%Insider Trades by Quarter for Columbia Pipeline Partners LP (NYSE:CPPL)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|2/11/2015||Robert Edgar Smith||Insider||Buy||6,100||$23.00||$140,300.00|| |
|2/11/2015||Thomas W Hofmann||Director||Buy||5,000||$23.00||$115,000.00|| |
Headline Trends for Columbia Pipeline Partners LP (NYSE:CPPL)
Latest Headlines for Columbia Pipeline Partners LP (NYSE:CPPL)
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Columbia Pipeline Partners LP (CPPL) Chart for Monday, October, 23, 2017