Columbia Pipeline Partners LP Company Profile (NYSE:CPPL)

About Columbia Pipeline Partners LP (NYSE:CPPL)

Columbia Pipeline Partners LP logoColumbia 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: Average Prices:
  • 50 Day Moving Avg: $17.15
  • 200 Day Moving Avg: $17.14
  • 52 Week Range: $13.30 - $17.25
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 18.24
  • P/E Growth: 0.00
Dividend:
  • Annual Dividend: $0.79
  • Dividend Yield: 4.6%
Profitability:
  • Net Margins: 6.40%
  • Return on Equity: 0.92%
  • Return on Assets: 0.84%
Debt:
  • Debt-to-Equity Ratio: 0.08%
  • Current Ratio: 0.26%
  • Quick Ratio: 0.24%
Misc:
  • Beta: 0.86
 

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 announced a quarterly dividend on Friday, January 27th. Shareholders of record on Tuesday, February 7th will be paid a dividend of $0.1975 per share on Monday, February 13th. This represents a $0.79 dividend on an annualized basis and a yield of 4.61%. The ex-dividend date of this dividend 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) released its quarterly earnings data on Tuesday, August, 2nd. The company reported $0.18 earnings per share for the quarter, meeting the Zacks' consensus estimate of $0.18. The company had revenue of $313.20 million for the quarter, compared to analyst estimates of $352.67 million. Columbia Pipeline Partners LP had a net margin of 6.40% and a return on equity of 0.92%. Columbia Pipeline Partners LP's revenue for the quarter was down .8% compared to the same quarter last year. During the same quarter last year, the firm earned $0.17 EPS. 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?

4 equities research analysts have issued twelve-month price targets for Columbia Pipeline Partners LP's shares. Their forecasts range from $15.75 to $17.00. On average, they anticipate Columbia Pipeline Partners LP's stock price to reach $16.69 in the next twelve months. View Analyst Ratings for Columbia Pipeline Partners LP.

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

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 a price of $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?

One share of Columbia Pipeline Partners LP stock can currently be purchased for approximately $17.15.


MarketBeat Community Rating for Columbia Pipeline Partners LP (NYSE CPPL)
Community Ranking:  2.0 out of 5 ( )
Outperform Votes:  82 (Vote Outperform)
Underperform Votes:  125 (Vote Underperform)
Total Votes:  207
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.

Analyst Ratings

Consensus Ratings for Columbia Pipeline Partners LP (NYSE:CPPL) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 4 Hold Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $16.69 (2.70% downside)

Analysts' Ratings History for Columbia Pipeline Partners LP (NYSE:CPPL)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
12/5/2016DA DavidsonReiterated RatingNeutralN/AView Rating Details
11/2/2016Citigroup Inc.DowngradeBuy -> Neutral$18.00 -> $17.00N/AView Rating Details
9/27/2016J P Morgan Chase & CoDowngradeOverweight -> Neutral$23.00 -> $17.00N/AView Rating Details
7/28/2016Barclays PLCBoost Price TargetEqual Weight$15.00 -> $17.00N/AView Rating Details
7/20/2016Goldman Sachs Group, Inc. (The)Initiated CoverageNeutral$15.00N/AView Rating Details
5/5/2016Jefferies Group LLCReiterated RatingBuy$22.00N/AView Rating Details
4/19/2016BMO Capital MarketsInitiated CoverageMarket Perform$16.00N/AView Rating Details
3/18/2016Wolfe ResearchDowngradeOutperform -> Peer PerformN/AView Rating Details
3/18/2016Credit Suisse GroupUpgradeNeutral -> Outperform$22.00 -> $23.00N/AView Rating Details
3/11/2016US Capital AdvisorsDowngradeBuy -> HoldN/AView Rating Details
2/25/2016Morgan StanleyInitiated CoverageOverweight$21.00N/AView Rating Details
12/15/2015ScotiabankReiterated RatingSector PerformN/AView Rating Details
12/15/2015Howard WeilDowngradeSector Outperform -> Sector Perform$34.00 -> $20.00N/AView Rating Details
12/8/2015Mitsubishi UFJ Financial Group IncReiterated RatingNeutralN/AView Rating Details
8/28/2015Wells Fargo & CompanyInitiated CoverageMarket PerformN/AView Rating Details
(Data available from 7/21/2015 forward)

Earnings

Earnings History for Columbia Pipeline Partners LP (NYSE:CPPL)
Earnings by Quarter for Columbia Pipeline Partners LP (NYSE:CPPL)
Earnings History by Quarter for Columbia Pipeline Partners LP (NYSE CPPL)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/2/2016Q216$0.18$0.18$352.67 million$313.20 millionViewN/AView Earnings Details
5/3/2016Q116$0.25$0.25$361.98 million$363.50 millionViewN/AView Earnings Details
2/18/2016Q415$0.20$0.22$365.44 million$357.00 millionViewListenView Earnings Details
11/3/2015Q315$0.18$0.22$345.44 million$320.00 millionViewListenView Earnings Details
8/3/2015Q215$0.19$0.17$358.20 million$315.60 millionViewListenView Earnings Details
4/30/2015Q115$0.21$0.13$354.26 million$339.20 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

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

Dividends

Current Dividend Information for Columbia Pipeline Partners LP (NYSE:CPPL)
Most Recent Dividend:2/13/2017
Annual Dividend:$0.79
Dividend Yield:4.61%
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 Payments by Quarter for Columbia Pipeline Partners LP (NYSE:CPPL)

Dividend History by Quarter for Columbia Pipeline Partners LP (NYSE CPPL)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
1/27/2017quarterly$0.204.61%2/3/20172/7/20172/13/2017
11/1/2016$0.2011/9/201611/11/201611/18/2016
8/1/2016$0.208/10/20168/12/20168/19/2016
5/2/2016$0.195/11/20165/13/20165/20/2016
1/29/2016Quarterly$0.182/9/20162/11/20162/19/2016
11/2/2015$0.1711/10/201511/13/201511/20/2015
7/30/2015$0.178/11/20158/13/20158/20/2015
4/29/2015quarterly$0.095/11/20155/13/20155/20/2015
(Data available from 1/1/2013 forward)

Insider Trades

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)
Institutional Ownership by Quarter for Columbia Pipeline Partners LP (NYSE:CPPL)
Insider Trades by Quarter for Columbia Pipeline Partners LP (NYSE:CPPL)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
2/11/2015Robert Edgar SmithInsiderBuy6,100$23.00$140,300.00View SEC Filing  
2/11/2015Thomas W HofmannDirectorBuy5,000$23.00$115,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Columbia Pipeline Partners LP (NYSE:CPPL)
Latest Headlines for Columbia Pipeline Partners LP (NYSE:CPPL)
Source:
DateHeadline
bloomberg.com logoIn the Big Gas Fight, Don't Forget the Orphan
www.bloomberg.com - July 5 at 6:09 PM
finance.yahoo.com logoWhat to Expect From TransCanada Corporation This Quarter
finance.yahoo.com - May 3 at 10:06 AM
biz.yahoo.com logoCOLUMBIA PIPELINE PARTNERS LP Files SEC form 8-K, Completion of Acquisition or Disposition of Assets, Notice of Delis
biz.yahoo.com - February 17 at 5:44 PM
biz.yahoo.com logoCOLUMBIA PIPELINE PARTNERS LP Files SEC form 8-K, Submission of Matters to a Vote of Security Holders, Other Events,
biz.yahoo.com - February 16 at 9:35 PM
biz.yahoo.com logoCOLUMBIA PIPELINE PARTNERS LP Files SEC form 8-K, Submission of Matters to a Vote of Security Holders, Other Events,
biz.yahoo.com - February 16 at 9:35 PM
finance.yahoo.com logoColumbia Pipeline Partners LP and Columbia Pipeline Group, Inc. Announce Unitholder Approval and Effective Date of Merger
finance.yahoo.com - February 16 at 11:45 AM
finance.yahoo.com logoCORRECTION: Columbia Pipeline Partners LP and Columbia Pipeline Group, Inc. Announce Unitholder Approval and Effective Date of Merger
finance.yahoo.com - February 16 at 11:45 AM
finance.yahoo.com logoColumbia Pipeline Partners LP Encourages Unitholders to Vote at Reconvened Special Meeting on February 16, 2017
finance.yahoo.com - February 13 at 5:08 PM
us.rd.yahoo.com logo12:19 pm Columbia Pipeline Partners shareholder Whetstone Capital issues letter urging unitholders vote against proposed merger w/ TransCanada (TRP)
us.rd.yahoo.com - February 9 at 4:53 PM
reuters.com logoBRIEF-COLUMBIA PIPELINE PARTNERS LP ADJOURNS SPECIAL MEETING OF UNITHOLDERS ...
www.reuters.com - February 8 at 3:37 AM
us.rd.yahoo.com logoColumbia Pipeline Partners LP Adjourns Special Meeting of Unitholders until February 16, 2017
us.rd.yahoo.com - February 7 at 5:35 PM
us.rd.yahoo.com logoColumbia Pipeline Partners LP Adjourns Special Meeting of Unitholders until February 16, 2017
us.rd.yahoo.com - February 7 at 5:35 PM
finance.yahoo.com logo10:24 am Columbia Pipeline Partners adjourns Special Meeting of Unitholders for merger vote until February 16 (has not obtained a quorum)
finance.yahoo.com - February 7 at 5:35 PM
finance.yahoo.com logo10:24 am Columbia Pipeline Partners adjourns Special Meeting of Unitholders for merger vote until February 16 (has not obtained a quorum)
finance.yahoo.com - February 7 at 5:35 PM
finance.yahoo.com logoColumbia Pipeline Partners Expected to Be Removed from the Alerian Index Series
finance.yahoo.com - February 6 at 4:31 PM
nasdaq.com logoColumbia Pipeline Partners LP (CPPL) Ex-Dividend Date Scheduled for February ...
www.nasdaq.com - February 3 at 9:47 PM
bloomberg.com logoRecent OKE News
www.bloomberg.com - February 1 at 4:45 PM
finance.yahoo.com logoColumbia Pipeline Partners LP Announces Fourth Quarter ... - Yahoo Finance
finance.yahoo.com - January 28 at 9:44 PM
us.rd.yahoo.com logoColumbia Pipeline Partners LP Announces Fourth Quarter Distribution of $0.1975 per Common Unit
us.rd.yahoo.com - January 27 at 10:54 PM
marketwatch.com logoColumbia Pipeline Partners LP Announces Fourth Quarter Distribution of $0.1975 per Common Unit - MarketWatch
www.marketwatch.com - January 27 at 5:52 PM
thestreet.com logoJefferies Bustling Energy Practice Is Killing It
www.thestreet.com - January 24 at 5:01 PM

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Chart

Columbia Pipeline Partners LP (CPPL) Chart for Friday, July, 21, 2017

This page was last updated on 7/21/2017 by MarketBeat.com Staff