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: $13.52
  • 50 Day Moving Average: $14.69
  • 200 Day Moving Average: $14.79
  • Trailing P/E Ratio: 15.13
  • Foreward P/E Ratio: 13.79
  • P/E Growth: 1.28
  • Market Cap: $1.36B
  • Outstanding Shares: 100,654,000
  • Beta: 0.82
Additional Links:
Companies Related to Columbia Pipeline Partners LP:

Analyst Ratings

Consensus Ratings for Columbia Pipeline Partners LP (NYSE:CPPL) (?)
Ratings Breakdown: 9 Hold Ratings, 5 Buy Ratings
Consensus Rating:Hold (Score: 2.36)
Consensus Price Target: $18.78 (38.99% upside)

Analysts' Ratings History for Columbia Pipeline Partners LP (NYSE:CPPL)
Show:
DateFirmActionRatingPrice TargetDetails
7/28/2016Barclays PLCBoost Price TargetEqual Weight$15.00 -> $17.00View Rating Details
7/20/2016Goldman Sachs Group Inc.Initiated CoverageNeutral$15.00View Rating Details
5/27/2016JPMorgan Chase & Co.Lower Price TargetOverweight$23.00 -> $17.00View Rating Details
5/5/2016Jefferies GroupReiterated RatingBuy$22.00View Rating Details
4/19/2016BMO Capital MarketsInitiated CoverageMarket Perform$16.00View Rating Details
4/15/2016DA DavidsonInitiated CoverageNeutralView Rating Details
3/18/2016Wolfe ResearchDowngradeOutperform -> Peer PerformView Rating Details
3/18/2016Credit Suisse Group AGUpgradeNeutral -> Outperform$22.00 -> $23.00View Rating Details
3/14/2016Citigroup Inc.Boost Price TargetBuy$17.00 -> $18.00View 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 Inc.Reiterated RatingNeutralView Rating Details
8/28/2015Wells Fargo & Co.Initiated CoverageMarket PerformView Rating Details
3/18/2015Bank of America Corp.Initiated CoverageNeutral$31.00View Rating Details
(Data available from 8/28/2014 forward)

Earnings

Earnings History for Columbia Pipeline Partners LP (NYSE:CPPL)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/1/2016        
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: $0.87 EPS
Next Year EPS Consensus Estimate: $0.98 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:5.85%
Payout Ratio:90.80% (Based on Trailing 12 Months of Earnings)
90.80% (Based on Current Year Consensus EPS Estimate)
80.61% (Based on Next Year Consensus EPS Estimate)
Dividend Growth:0.00% (3 Year Average)

Dividend History for Columbia Pipeline Partners LP (NYSE:CPPL)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
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)
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
News IconStock Taking Spotlight: Columbia Pipeline Partners LP (NYSE:CPPL) - Post News (NYSE:CPPL)
www.kentuckypostnews.com - August 26 at 10:23 AM
investornewswire.com logoColumbia Pipeline Partners LP (NYSE:CPPL) Gets 0 Recommendations To Sell - Investor Newswire (NYSE:CPPL)
www.investornewswire.com - August 23 at 8:35 AM
realistinvestor.com logoColumbia Pipeline Partners LP (NYSE:CPPL) Stock Price Likely To Reach $17.666: Wall Street - RealistInvestor.com (NYSE:CPPL)
www.realistinvestor.com - August 23 at 8:35 AM
stocksdaily.net logoColumbia Pipeline Partners LP (NYSE:CPPL): The Buzzing Stock - Stocks Daily (NYSE:CPPL)
www.stocksdaily.net - August 19 at 3:28 PM
realistinvestor.com logoHere’s The Growth Forecast For Columbia Pipeline Partners LP (NYSE:CPPL) (NYSE:CPPL)
www.realistinvestor.com - August 16 at 9:37 PM
fidaily.com logoColumbia Pipeline Partners LP C (CPPL) Position Up in Latest Report from Clearbridge Investments, LLC Last Quarter - Finance Daily (NYSE:CPPL)
www.fidaily.com - August 15 at 4:35 PM
realistinvestor.com logoHere's The Growth Forecast For Columbia Pipeline Partners LP (NYSE:CPPL) - RealistInvestor.com (NYSE:CPPL)
www.realistinvestor.com - August 15 at 4:35 PM
investornewswire.com logoWill Columbia Pipeline Partners LP (NYSE:CPPL) Hit $22 Price Target? - Investor Newswire (NYSE:CPPL)
www.investornewswire.com - August 15 at 4:35 PM
fidaily.com logoTortoise Capital Advisors, L.l.c. Significantly Lowers Its Stake in Columbia Pipeline Partners LP C (CPPL) Last Quarter - Finance Daily (NYSE:CPPL)
www.fidaily.com - August 12 at 10:40 AM
nasdaq.com logoColumbia Pipeline Partners LP (CPPL) Ex-Dividend Date Scheduled for August 10 ... (NYSE:CPPL)
www.nasdaq.com - August 10 at 4:28 PM
capitalcube.com logoColumbia Pipeline Partners LP :CPPL-US: Earnings Analysis: Q2, 2016 By the Numbers : August 10, 2016 (NYSE:CPPL)
www.capitalcube.com - August 10 at 4:28 PM
realistinvestor.com logoBrokerages Set a Mean Target Price Of $17.571 For Columbia Pipeline Partners LP (NYSE:CPPL) - RealistInvestor.com (NYSE:CPPL)
www.realistinvestor.com - August 10 at 8:04 AM
nasdaq.com logoColumbia Pipeline Partners LP (CPPL) Ex-Dividend Date Scheduled for August 10, 2016 - Nasdaq (NYSE:CPPL)
www.nasdaq.com - August 10 at 8:04 AM
finance.yahoo.com logoCOLUMBIA PIPELINE PARTNERS LP Financials (NYSE:CPPL)
finance.yahoo.com - August 9 at 5:22 PM
News IconBarclays Capital Maintained Boardwalk Pipeline Partners (NYSE:BWP) As 'Underweight' (NYSE:CPPL)
poderygloria.net - August 4 at 10:58 AM
News IconColumbia Pipeline Partners LP (CPPL) Issues Quarterly Earnings Results (NYSE:CPPL)
learningandfinance.com - August 4 at 10:58 AM
reuters.com logoBRIEF-Columbia Pipeline Partners Q2 EPS $0.18 (NYSE:CPPL)
www.reuters.com - August 3 at 4:29 PM
investornewswire.com logoStrong Sell Calls For Columbia Pipeline Partners LP (NYSE:CPPL) At 0 - Investor Newswire (NYSE:CPPL)
www.investornewswire.com - August 2 at 4:28 PM
finance.yahoo.com logoColumbia Pipeline Partners LP Reports Second Quarter Results - Yahoo Finance (NYSE:CPPL)
finance.yahoo.com - August 2 at 4:28 PM
capitalcube.com logoColumbia Pipeline Partners LP breached its 50 day moving average in a Bullish Manner : CPPL-US : August 2, 2016 (NYSE:CPPL)
www.capitalcube.com - August 2 at 4:28 PM
streetinsider.com logoColumbia Pipeline Partners (CPPL) Raises Quarterly Dividend 5.3% to $0.1975; 5.2% Yield (NYSE:CPPL)
www.streetinsider.com - August 2 at 9:12 AM
reuters.com logoBRIEF-Columbia Pipeline announces increase to quarterly distribution (NYSE:CPPL)
www.reuters.com - August 2 at 9:12 AM
marketwatch.com logo10-Q: COLUMBIA PIPELINE PARTNERS LP (NYSE:CPPL)
www.marketwatch.com - August 2 at 9:11 AM
finance.yahoo.com logoColumbia Pipeline Partners LP Reports Second Quarter Results (NYSE:CPPL)
finance.yahoo.com - August 2 at 9:11 AM
sg.finance.yahoo.com logoColumbia Pipeline misses 2Q profit forecasts (NYSE:CPPL)
sg.finance.yahoo.com - August 2 at 9:11 AM
biz.yahoo.com logoQ2 2016 Columbia Pipeline Partners LP Earnings Release - Before Market Open (NYSE:CPPL)
biz.yahoo.com - August 2 at 9:11 AM
finance.yahoo.com logoHow Columbia Pipeline Partners (CPPL) Stock Stands Out in a Strong Industry (NYSE:CPPL)
finance.yahoo.com - July 29 at 9:01 AM
tradecalls.org logoGoldman Sachs Reinstates Columbia Pipeline Partners LP to Neutral - Trade Calls (NYSE:CPPL)
www.tradecalls.org - July 29 at 8:13 AM
finance.yahoo.com logoTransCanada profit beats; asset sales plan moving ahead (NYSE:CPPL)
finance.yahoo.com - July 28 at 1:44 PM
wsj.com logo[$$] TransCanada Profit Falls (NYSE:CPPL)
www.wsj.com - July 28 at 8:51 AM
investornewswire.com logoCan Shares Of Columbia Pipeline Partners LP (NYSE:CPPL) Hit $22? - Investor Newswire (NYSE:CPPL)
www.investornewswire.com - July 26 at 12:35 PM
realistinvestor.com logoCan Columbia Pipeline Partners LP (NYSE:CPPL) Hit $22? - RealistInvestor.com (NYSE:CPPL)
www.realistinvestor.com - July 25 at 3:36 PM
news.cmlviz.com logoOption Market: Columbia Pipeline Partners LP (NYSE:CPPL) Risk Hits A Lowered Level - CML News (NYSE:CPPL)
news.cmlviz.com - July 22 at 4:26 PM
News IconColumbia Pipeline Partners LP (NYSE:CPPL): Sell-Side Ratings and Company Earnings Glance - Engelwood Daily (NYSE:CPPL)
www.engelwooddaily.com - July 21 at 4:30 PM
News IconGoldman Sachs Reconfirms a "Neutral" Rating on Columbia Pipeline Partners (NYSE:CPPL) - Press Telegraph (NYSE:CPPL)
presstelegraph.com - July 21 at 5:59 AM
benzinga.com logoGoldman Bullish On TransCanada, Neutral On Others In The Complex (NYSE:CPPL)
www.benzinga.com - July 20 at 5:31 PM
News IconEquity Roundup: Stock Performance Focus on Columbia Pipeline Partners LP (NYSE:CPPL) - Press Telegraph (NYSE:CPPL)
presstelegraph.com - July 20 at 10:59 AM
News IconShares Lower on the Year Columbia Pipeline Partners LP (NYSE:CPPL) - Press Telegraph (NYSE:CPPL)
presstelegraph.com - July 20 at 10:59 AM
News IconEarnings Focus and Crowd Sourced Sentiment Review for Columbia Pipeline Partners LP (NYSE:CPPL) - TGP (NYSE:CPPL)
telanaganapress.com - July 20 at 10:59 AM
News IconSolid Performer in Focus: Columbia Pipeline Partners LP (NYSE:CPPL) - Engelwood Daily (NYSE:CPPL)
www.engelwooddaily.com - July 20 at 10:59 AM
fidaily.com logoBMO Capital Starts Coverage on Columbia Pipeline Partners LP C (CPPL) Giving It An Initial Rating Of "Market Perform" - Finance Daily (NYSE:CPPL)
www.fidaily.com - July 20 at 10:59 AM
News IconAre Analysts Bearish Columbia Pipeline Partners LP (NYSE:CPPL) After Last Week? - Consumer Eagle (NYSE:CPPL)
www.consumereagle.com - July 20 at 10:59 AM
News IconReview on Stock Valuation for: Columbia Pipeline Partners LP (NYSE:CPPL) - TGP (NYSE:CPPL)
telanaganapress.com - July 17 at 4:10 PM
stocksdaily.net logoColumbia Pipeline Partners LP (NYSE:CPPL) Boasts Rating Of 2.39 - Stocks Daily (NYSE:CPPL)
www.stocksdaily.net - July 17 at 4:10 PM
ftsenews.co.uk logoColumbia Pipeline Partners LP (NYSE:CPPL) Updated Price Targets - FTSE News (NYSE:CPPL)
www.ftsenews.co.uk - July 15 at 10:03 AM
news.cmlviz.com logoColumbia Pipeline Partners LP Realized Volatility Hits Substantially Low Level - CML News (NYSE:CPPL)
news.cmlviz.com - July 15 at 10:03 AM
News IconColumbia Pipeline Partners LP (NYSE:CPPL) Wall Street Analyst Recommendation Outlook - Telanagana Press (NYSE:CPPL)
telanaganapress.com - July 14 at 8:32 AM
News IconColumbia Pipeline Partners LP (NYSE:CPPL) Earnings Concentration and Analyst Target Watch - Engelwood Daily (NYSE:CPPL)
www.engelwooddaily.com - July 14 at 8:32 AM
News IconCrowd Rating and Earnings Recap for Columbia Pipeline Partners LP (NYSE:CPPL) - Telanagana Press (NYSE:CPPL)
telanaganapress.com - July 12 at 4:30 PM
News IconAnalyst Target and Average Rating Watch: Columbia Pipeline Partners LP (NYSE:CPPL) - Press Telegraph (NYSE:CPPL)
presstelegraph.com - July 12 at 4:30 PM

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Columbia Pipeline Partners LP (NYSE:CPPL) Chart for Sunday, August, 28, 2016


Last Updated on 8/28/2016 by MarketBeat.com Staff