Columbia Pipeline Partners LP Company Profile (NYSE:CPPL)

About Columbia Pipeline Partners LP

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:
  • Sector: Oils/Energy
  • Industry: Oil & Gas Pipelines
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: CPPL
  • CUSIP:
Key Metrics:
  • Previous Close: $17.15
  • 50 Day Moving Average: $17.10
  • 200 Day Moving Average: $16.18
  • 52-Week Range: $12.35 - $19.49
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 18.05
  • P/E Growth: 9.50
  • Market Cap: $N/A
  • Beta: 0.86
Profitability:
  • Net Margins: 5.20%
  • Return on Equity: 0.93%
  • Return on Assets: 0.74%
Debt:
  • Debt-to-Equity Ratio: 0.08%
  • Current Ratio: 0.26%
  • Quick Ratio: 0.24%
Additional Links:
Companies Related to Columbia Pipeline Partners LP:

Analyst Ratings

Consensus Ratings for Columbia Pipeline Partners LP (NYSE:CPPL) (?)
Ratings Breakdown: 7 Hold Ratings, 3 Buy Ratings
Consensus Rating:Hold (Score: 2.30)
Consensus Price Target: $18.19 (6.09% upside)

Analysts' Ratings History for Columbia Pipeline Partners LP (NYSE:CPPL)
Show:
DateFirmActionRatingPrice TargetDetails
12/5/2016DA DavidsonReiterated RatingNeutralView Rating Details
11/2/2016Citigroup Inc.DowngradeBuy -> Neutral$18.00 -> $17.00View Rating Details
9/27/2016J P Morgan Chase & CoDowngradeOverweight -> Neutral$23.00 -> $17.00View Rating Details
7/28/2016Barclays PLCBoost Price TargetEqual Weight$15.00 -> $17.00View Rating Details
7/20/2016Goldman Sachs Group, Inc. (The)Initiated CoverageNeutral$15.00View Rating Details
5/5/2016Jefferies Group LLCReiterated RatingBuy$22.00View Rating Details
4/19/2016BMO Capital MarketsInitiated CoverageMarket Perform$16.00View Rating Details
3/18/2016Wolfe ResearchDowngradeOutperform -> Peer PerformView Rating Details
3/18/2016Credit Suisse GroupUpgradeNeutral -> Outperform$22.00 -> $23.00View Rating Details
3/11/2016US Capital AdvisorsDowngradeBuy -> HoldView Rating Details
2/25/2016Morgan StanleyInitiated CoverageOverweight$21.00View Rating Details
12/15/2015ScotiabankReiterated RatingSector PerformView Rating Details
12/15/2015Howard WeilDowngradeSector Outperform -> Sector Perform$34.00 -> $20.00View Rating Details
12/8/2015Mitsubishi UFJ Financial Group IncReiterated RatingNeutralView Rating Details
8/28/2015Wells Fargo & CompanyInitiated CoverageMarket PerformView Rating Details
3/18/2015Bank of America CorpInitiated CoverageNeutral$31.00View Rating Details
(Data available from 2/24/2015 forward)

Earnings

Earnings History for Columbia Pipeline Partners LP (NYSE:CPPL)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/17/2017        
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: $0.95 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.28$0.28$0.28
Q4 20161$0.29$0.29$0.29
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Columbia Pipeline Partners LP (NYSE:CPPL)
Annual Dividend:$0.79
Dividend Yield:4.61%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:112.86% (Based on Trailing 12 Months of Earnings)
96.34% (Based on Current Year Consensus EPS Estimate)
83.16% (Based on Next Year Consensus EPS Estimate)

Dividend History 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 History for Columbia Pipeline Partners LP (NYSE:CPPL)
Institutional Ownership Percentage: 88.16%
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

Latest Headlines for Columbia Pipeline Partners LP (NYSE:CPPL)
DateHeadline
marketexclusive.com logoColumbia Pipeline Partners LP (NYSE:CPPL) Files An 8-K Completion of Acquisition or Disposition of Assets (NYSE:CPPL)
marketexclusive.com - February 20 at 11:44 AM
marketexclusive.com logoColumbia Pipeline Partners LP (NYSE:CPPL) Files An 8-K Submission of Matters to a Vote of Security Holders (NYSE:CPPL)
marketexclusive.com - February 17 at 5:44 PM
capitalcube.com logoColumbia Pipeline Partners LP breached its 50 day moving average in a Bullish Manner : CPPL-US : February 17, 2017 (NYSE:CPPL)
www.capitalcube.com - February 17 at 5:44 PM
biz.yahoo.com logoCOLUMBIA PIPELINE PARTNERS LP Files SEC form 8-K, Completion of Acquisition or Disposition of Assets, Notice of Delis (NYSE:CPPL)
biz.yahoo.com - February 17 at 5:44 PM
News IconThe Columbia Pipeline Partners LP Announces Dividend of $0.20 (CPPL) (NYSE:CPPL)
mundoaguaysaneamiento.net - February 16 at 9:36 PM
News IconColumbia Pipeline Partners LP (CPPL) Set to Announce Quarterly Earnings on Thursday (NYSE:CPPL)
prensariotiretail.com - February 16 at 9:36 PM
News IconFeatured Stock to See: Columbia Pipeline Partners LP (NYSE:CPPL) (NYSE:CPPL)
hoyentv.com - February 16 at 9:36 PM
News IconColumbia Pipeline Partners LP (NYSE:CPPL) Valuation According To Analysts (NYSE:CPPL)
www.graffiotech.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, (NYSE:CPPL)
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, (NYSE:CPPL)
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 (NYSE:CPPL)
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 (NYSE:CPPL)
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 (NYSE:CPPL)
finance.yahoo.com - February 13 at 5:08 PM
marketexclusive.com logoColumbia Pipeline Partners LP (NYSE:CPPL) To Exit Alerian Index Series (NYSE:CPPL)
marketexclusive.com - February 10 at 2:58 AM
us.rd.yahoo.com logo12:19 pm Columbia Pipeline Partners shareholder Whetstone Capital issues letter urging unitholders vote against proposed merger w/ TransCanada (TRP (NYSE:CPPL)
us.rd.yahoo.com - February 9 at 4:53 PM
reuters.com logoBRIEF-COLUMBIA PIPELINE PARTNERS LP ADJOURNS SPECIAL MEETING OF UNITHOLDERS ... (NYSE:CPPL)
www.reuters.com - February 8 at 3:37 AM
News IconWill Columbia Pipeline Partners LP (NYSE:CPPL) miss earning estimates again? (NYSE:CPPL)
techknowbits.com - February 8 at 3:37 AM
us.rd.yahoo.com logoColumbia Pipeline Partners LP Adjourns Special Meeting of Unitholders until February 16, 2017 (NYSE:CPPL)
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 (NYSE:CPPL)
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) (NYSE:CPPL)
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) (NYSE:CPPL)
finance.yahoo.com - February 7 at 5:35 PM
finance.yahoo.com logoColumbia Pipeline Partners Expected to Be Removed from the Alerian Index Series (NYSE:CPPL)
finance.yahoo.com - February 6 at 4:31 PM
nasdaq.com logoColumbia Pipeline Partners LP (CPPL) Ex-Dividend Date Scheduled for February ... (NYSE:CPPL)
www.nasdaq.com - February 3 at 9:47 PM
bloomberg.com logoRecent OKE News (NYSE:CPPL)
www.bloomberg.com - February 1 at 4:45 PM
News IconStock Tracker: Earnings & Estimates for Columbia Pipeline Partners LP (NYSE:CPPL) - Aiken Advocate (NYSE:CPPL)
aikenadvocate.com - January 30 at 8:06 AM
News IconEquity Focus: Looking at Shares of Columbia Pipeline Partners LP (NYSE:CPPL) - The Tribune (NYSE:CPPL)
lakecitytribune.com - January 30 at 8:06 AM
News IconUpdate on Valuation Formula's For Columbia Pipeline Partners LP (NYSE:CPPL) - The Tribune (NYSE:CPPL)
lakecitytribune.com - January 29 at 2:46 AM
marketwired.com logoColumbia Pipeline Partners LP Announces Fourth Quarter Distribution of $0.1975 per Common Unit - Marketwired (press release) (NYSE:CPPL)
www.marketwired.com - January 29 at 2:46 AM
finance.yahoo.com logoColumbia Pipeline Partners LP Announces Fourth Quarter ... - Yahoo Finance (NYSE:CPPL)
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 (NYSE:CPPL)
us.rd.yahoo.com - January 27 at 10:54 PM
News IconStock Tracker: Looking at the Numbers for Columbia Pipeline Partners LP (NYSE:CPPL) - The Tribune (NYSE:CPPL)
lakecitytribune.com - January 27 at 5:52 PM
News IconWhat are Research Firms Saying About Columbia Pipeline Partners LP (NYSE:CPPL)? - Aiken Advocate (NYSE:CPPL)
aikenadvocate.com - January 27 at 5:52 PM
marketwatch.com logoColumbia Pipeline Partners LP Announces Fourth Quarter Distribution of $0.1975 per Common Unit - MarketWatch (NYSE:CPPL)
www.marketwatch.com - January 27 at 5:52 PM
News IconValue Focus: Following the Numbers for Columbia Pipeline Partners LP (NYSE:CPPL) - The Tribune (NYSE:CPPL)
lakecitytribune.com - January 24 at 10:01 PM
News IconAre Analysts Predicting a Near-Term Upswing For Columbia Pipeline Partners LP (NYSE:CPPL)? - Wall Street Beacon (NYSE:CPPL)
wsbeacon.com - January 24 at 10:01 PM
thestreet.com logoJefferies Bustling Energy Practice Is Killing It (NYSE:CPPL)
www.thestreet.com - January 24 at 5:01 PM
investornewswire.com logoStrong Sell Recommendations Of Columbia Pipeline Partners LP (NYSE:CPPL) At 0 - Investor Newswire (NYSE:CPPL)
www.investornewswire.com - January 23 at 4:47 PM
News IconEarnings in Full Force, Analysts Take Aim at Columbia Pipeline Partners LP (NYSE:CPPL) - Wall Street Beacon (NYSE:CPPL)
wsbeacon.com - January 23 at 4:47 PM
News IconStock Update: Estimates & Target in Focus for Columbia Pipeline Partners LP (NYSE:CPPL) - Aiken Advocate (NYSE:CPPL)
aikenadvocate.com - January 22 at 9:30 PM
capitalcube.com logoColumbia Pipeline Partners LP – Value Analysis (NYSE:CPPL) : January 18, 2017 (NYSE:CPPL)
www.capitalcube.com - January 18 at 4:49 PM
News IconTicker Tracker: Looking at Columbia Pipeline Partners LP (CPPL) - Sherwood Daily (NYSE:CPPL)
sherwooddaily.com - January 16 at 9:29 PM
realistinvestor.com logoColumbia Pipeline Partners LP (NYSE:CPPL) Analysts Rating At 3 (NYSE:CPPL)
www.realistinvestor.com - January 16 at 4:29 PM
capitalcube.com logoColumbia Pipeline Partners LP breached its 50 day moving average in a Bearish Manner : CPPL-US : January 16, 2017 (NYSE:CPPL)
www.capitalcube.com - January 16 at 10:28 AM
News IconGearing Up For a Bull Run? Analysts Weigh in on Columbia Pipeline Partners LP (NYSE:CPPL) - Wall Street Beacon (NYSE:CPPL)
wsbeacon.com - January 12 at 4:50 PM
News IconWill The Needle Move For Columbia Pipeline Partners LP (NYSE:CPPL) Shares This Earnings Season? - Wall Street Beacon (NYSE:CPPL)
wsbeacon.com - January 11 at 9:56 PM
realistinvestor.com logoColumbia Pipeline Partners LP (NYSE:CPPL) Analysts Rating At 2.75 - RealistInvestor.com (NYSE:CPPL)
www.realistinvestor.com - January 11 at 4:54 PM
realistinvestor.com logoColumbia Pipeline Partners LP (NYSE:CPPL) Analysts Rating At 2.75 (NYSE:CPPL)
www.realistinvestor.com - January 9 at 10:38 PM
capitalcube.com logoColumbia Pipeline Partners LP : CPPL-US: Dividend Analysis : November 11th, 2016 (record date) : By the numbers : January 9, 2017 (NYSE:CPPL)
www.capitalcube.com - January 9 at 5:37 PM
marketexclusive.com logoColumbia Pipeline Partners LP (NYSE:CPPL) Files An 8-K Other Events (NYSE:CPPL)
marketexclusive.com - January 4 at 5:31 PM
biz.yahoo.com logoCOLUMBIA PIPELINE PARTNERS LP Files SEC form 8-K, Other Events, Financial Statements and Exhibits (NYSE:CPPL)
biz.yahoo.com - January 4 at 3:12 AM

Social

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. Shareholders 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.

Where is Columbia Pipeline Partners LP's stock going? Where will Columbia Pipeline Partners LP's stock price be in 2017?

10 brokerages have issued 1-year target prices for Columbia Pipeline Partners LP's stock. Their forecasts range from $15.00 to $23.00. On average, they anticipate Columbia Pipeline Partners LP's share price to reach $18.19 in the next year.

When will Columbia Pipeline Partners LP announce their earnings?

Columbia Pipeline Partners LP is scheduled to release their next quarterly earnings announcement on Friday, February, 17th 2017.

Who owns Columbia Pipeline Partners LP stock?

Columbia Pipeline Partners LP's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Westchester Capital Management LLC (2.66%), Gabelli Funds LLC (2.58%), Vivaldi Asset Management LLC (2.31%), Energy Income Partners LLC (1.96%), GLG Partners LP (0.91%) and Commonwealth of Pennsylvania Public School Empls Retrmt SYS (0.84%).

Who sold Columbia Pipeline Partners LP stock? Who is selling Columbia Pipeline Partners LP stock?

Columbia Pipeline Partners LP's stock was sold by a variety of institutional investors in the last quarter, including ING Groep NV, Eventide Asset Management LLC, Van ECK Associates Corp, Monetary Management Group Inc., Raymond James Financial Services Advisors Inc. and Smith Moore & CO..

Who bought Columbia Pipeline Partners LP stock? Who is buying Columbia Pipeline Partners LP stock?

Columbia Pipeline Partners LP's stock was acquired by a variety of institutional investors in the last quarter, including Westchester Capital Management LLC, Gabelli Funds LLC, Vivaldi Asset Management LLC, Energy Income Partners LLC, GLG Partners LP, Commonwealth of Pennsylvania Public School Empls Retrmt SYS, Berkley W R Corp and Vertex One Asset Management Inc..

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.

How much does a share of Columbia Pipeline Partners LP stock cost?

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

Columbia Pipeline Partners LP (NYSE:CPPL) Chart for Friday, February, 24, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Columbia Pipeline Partners LP (NYSE:CPPL)

Earnings History Chart

Earnings by Quarter for Columbia Pipeline Partners LP (NYSE:CPPL)

Dividend History Chart

Dividend Payments by Quarter for Columbia Pipeline Partners LP (NYSE:CPPL)

Last Updated on 2/24/2017 by MarketBeat.com Staff