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: $16.14
  • 50 Day Moving Average: $14.27
  • 200 Day Moving Average: $14.54
  • 52-Week Range: $11.77 - $19.49
  • Trailing P/E Ratio: 18.07
  • Foreward P/E Ratio: 16.14
  • P/E Growth: 1.56
  • Market Cap: $1.62B
  • Outstanding Shares: 100,654,000
  • Beta: 0.82
Profitability:
  • Net Margins: 6.63%
  • Return on Equity: 1.18%
  • Return on Assets: 0.96%
Debt:
  • Debt-to-Equity Ratio: 0.08%
  • Current Ratio: 0.37%
  • Quick Ratio: 0.35%
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, 4 Buy Ratings
Consensus Rating:Hold (Score: 2.31)
Consensus Price Target: $18.48 (14.47% upside)

Analysts' Ratings History for Columbia Pipeline Partners LP (NYSE:CPPL)
Show:
DateFirmActionRatingPrice TargetDetails
9/28/2016DA DavidsonReiterated RatingNeutral$15.00 -> $15.75View Rating Details
9/27/2016JPMorgan Chase & Co.DowngradeOverweight -> 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.Initiated CoverageNeutral$15.00View Rating Details
5/5/2016Jefferies GroupReiterated 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 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 9/29/2014 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: $0.85 EPS
Next Year EPS Consensus Estimate: $1.00 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:4.89%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:90.80% (Based on Trailing 12 Months of Earnings)
92.94% (Based on Current Year Consensus EPS Estimate)
79.00% (Based on Next Year Consensus EPS Estimate)

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)
Institutional Ownership Percentage: 96.53%
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 IconLatest Analyst Ratings For Columbia Pipeline Partners LP (NYSE:CPPL) (NYSE:CPPL)
desotoedge.com - September 29 at 4:19 PM
einnews.com logoColumbia Pipeline Partners LP Announces Receipt of Offer to ... - EIN News (press release) (NYSE:CPPL)
www.einnews.com - September 29 at 9:19 AM
News IconHot Line Stocks At Active Reaffirm Views- Columbia Pipeline Partners LP (NYSE:CPPL), Steel Dynamics Inc. (NASDAQ:STLD) (NYSE:CPPL)
www.senecaglobe.com - September 28 at 9:15 AM
fidaily.com logoJP Morgan Cuts Rating On Columbia Pipeline Partners LP C (CPPL) To “Neutral” (NYSE:CPPL)
www.fidaily.com - September 27 at 4:23 PM
stocksdaily.net logoColumbia Pipeline Partners LP (NYSE:CPPL) EPS Forecast At $0.19? (NYSE:CPPL)
www.stocksdaily.net - September 27 at 4:23 PM
News Icon2 Stocks Analyst-Opinion Need Close Attention Monogram Residential Trust Inc (NYSE:MORE), Columbia Pipeline ... - The Voice Registrar (NYSE:CPPL)
voiceregistrar.com - September 27 at 4:22 PM
News IconHot Line Stocks At Active Reaffirm Views- Columbia Pipeline Partners LP (NYSE:CPPL), Steel Dynamics Inc. (NASDAQ ... - Seneca Globe (NYSE:CPPL)
www.senecaglobe.com - September 27 at 4:22 PM
stocksdaily.net logoColumbia Pipeline Partners LP (NYSE:CPPL) EPS Forecast At $0.19? - Stocks Daily (NYSE:CPPL)
www.stocksdaily.net - September 27 at 4:22 PM
investornewswire.com logoCan Shares Of Columbia Pipeline Partners LP (NYSE:CPPL) Hit $22? - Investor Newswire (NYSE:CPPL)
www.investornewswire.com - September 27 at 8:58 AM
realistinvestor.com logoColumbia Pipeline Partners LP (NYSE:CPPL) Mean Price Target At $17.666 - RealistInvestor.com (NYSE:CPPL)
www.realistinvestor.com - September 27 at 8:58 AM
businesswire.com logoRobbins Arroyo LLP: Acquisition of Columbia Pipeline Partners LP (CPPL) by Columbia Pipeline Group, Inc. (Private ... - Business Wire (press release) (NYSE:CPPL)
www.businesswire.com - September 27 at 8:58 AM
finance.yahoo.com logoRobbins Arroyo LLP: Acquisition of Columbia Pipeline Partners LP (CPPL) by Columbia Pipeline Group, Inc. (Private) May Not Be in Unitholders' Best Interests (NYSE:CPPL)
finance.yahoo.com - September 27 at 8:58 AM
wsj.com logo[$$] TransCanada Offers to Buy Columbia Pipeline Partners (NYSE:CPPL)
www.wsj.com - September 27 at 8:58 AM
marketwired.com logoTransCanada Announces Offer to Purchase All Common Units of Columbia Pipeline Partners, LP (NYSE:CPPL)
www.marketwired.com - September 26 at 4:34 PM
finance.yahoo.com logoColumbia Pipeline Partners shares fly after TransCanada buy offer (NYSE:CPPL)
finance.yahoo.com - September 26 at 4:34 PM
News IconTransCanada to Buy Columbia Pipeline Partners -- Update (NYSE:CPPL)
ih.advfn.com - September 26 at 4:34 PM
4-traders.com logoCOLUMBIA PIPELINE PARTNERS LP : Other Events, Financial Statements and Exhibits (form 8-K) (NYSE:CPPL)
www.4-traders.com - September 26 at 4:34 PM
thecountrycaller.com logoTransCanada Corporation (USA) (TRP) Makes an Offer for Columbia Pipeline Partners LP (CPPL) (NYSE:CPPL)
www.thecountrycaller.com - September 26 at 4:34 PM
realistinvestor.com logoColumbia Pipeline Partners LP (NYSE:CPPL) Mean Price Target At $17.666 (NYSE:CPPL)
www.realistinvestor.com - September 26 at 4:34 PM
finance.yahoo.com logoCOLUMBIA PIPELINE PARTNERS, LP UNITHOLDER NOTICE: Wolf Haldenstein Adler Freeman & Herz LLP is Investigating the Proposed Acquisition of All Outstanding Master Limited Partnership Units of Columbia Pipeline Partners, LP (NYSE:CPPL)
finance.yahoo.com - September 26 at 4:34 PM
biz.yahoo.com logoCOLUMBIA PIPELINE PARTNERS LP Files SEC form 8-K, Other Events, Financial Statements and Exhibits (NYSE:CPPL)
biz.yahoo.com - September 26 at 4:34 PM
thestreet.com logoTransCanada Offers to Buy Rest of Columbia Pipeline Partners for $848M (NYSE:CPPL)
www.thestreet.com - September 26 at 4:34 PM
bizjournals.com logoTransCanada offers to buy MLP for $848M (NYSE:CPPL)
www.bizjournals.com - September 26 at 4:34 PM
investornewswire.com logoCan Columbia Pipeline Partners LP (NYSE:CPPL) Stock Touch $22? - Investor Newswire (NYSE:CPPL)
www.investornewswire.com - September 26 at 9:07 AM
streetinsider.com logoTransCanada (TRP) to Acquire Columbia Pipeline Partners (CPPL) for $15.75/Unit - StreetInsider.com (NYSE:CPPL)
www.streetinsider.com - September 26 at 9:07 AM
wsj.com logo[$$] TransCanada to Buy Columbia Pipeline Partners (NYSE:CPPL)
www.wsj.com - September 26 at 9:07 AM
seekingalpha.com logoTC PipeLines' 6.8% Yield Is Secure While TransCanada's Merger With Columbia Pipeline Is A Positive Catalyst (NYSE:CPPL)
seekingalpha.com - September 24 at 4:12 PM
News IconConsensus Take: Columbia Pipeline Partners LP (NYSE:CPPL) Earnings & Ratings Watch - Frisco Fastball (NYSE:CPPL)
friscofastball.com - September 23 at 3:45 PM
fxpips.com logoTransportation Stocks Gainers and Losers Summary (NYSE:CPPL)
www.fxpips.com - September 21 at 8:37 AM
capitalcube.com logoColumbia Pipeline Partners LP breached its 50 day moving average in a Bullish Manner : CPPL-US : September 20, 2016 (NYSE:CPPL)
www.capitalcube.com - September 20 at 10:12 AM
News IconStock Down Over the Last Quarter: Columbia Pipeline Partners LP (NYSE:CPPL) - Post News (NYSE:CPPL)
www.kentuckypostnews.com - September 18 at 9:04 AM
News IconTracking This Dividend Stock With Possible Upside: Columbia Pipeline Partners LP (NYSE:CPPL) - Post News (NYSE:CPPL)
www.kentuckypostnews.com - September 17 at 9:05 AM
News IconStock Update on Earnings & Estimates for Columbia Pipeline Partners LP (NYSE:CPPL) - Frisco Fastball (NYSE:CPPL)
friscofastball.com - September 15 at 9:46 AM
News IconTaking a Look at This Dividend Stock With Potential Upside: Columbia Pipeline Partners LP (NYSE:CPPL) - Post News (NYSE:CPPL)
www.kentuckypostnews.com - September 15 at 9:46 AM
publicnow.com logoStatement re IT Platform (NYSE:CPPL)
www.publicnow.com - September 14 at 4:28 PM
News IconWhat is the Street Saying About Columbia Pipeline Partners LP (NYSE:CPPL)? - Frisco Fastball (NYSE:CPPL)
friscofastball.com - September 14 at 8:42 AM
News IconTracking This Dividend Stock With Possible Upside Potential: Columbia Pipeline Partners LP (NYSE:CPPL) - Post News (NYSE:CPPL)
www.kentuckypostnews.com - September 13 at 9:12 AM
investornewswire.com logoCan Shares Of Columbia Pipeline Partners LP (NYSE:CPPL) Hit $22 - Investor Newswire (NYSE:CPPL)
www.investornewswire.com - September 13 at 9:12 AM
News IconStock Up Over the Past Five Trading Sessions: Columbia Pipeline Partners LP (NYSE:CPPL) - Post News (NYSE:CPPL)
www.kentuckypostnews.com - September 13 at 9:12 AM
realistinvestor.com logoColumbia Pipeline Partners LP (NYSE:CPPL) Mean Price Target Is $17.666 - RealistInvestor.com (NYSE:CPPL)
www.realistinvestor.com - September 13 at 9:12 AM
realistinvestor.com logoColumbia Pipeline Partners LP (NYSE:CPPL) Mean Price Target Is $17.666 (NYSE:CPPL)
www.realistinvestor.com - September 12 at 4:11 PM
News IconShares Lower Over the Past Quarter: Columbia Pipeline Partners LP (NYSE:CPPL) - Post News (NYSE:CPPL)
www.kentuckypostnews.com - September 11 at 4:10 PM
News IconFollowing Dividend Stock With Possible Upside: Columbia Pipeline Partners LP (NYSE:CPPL) - Post News (NYSE:CPPL)
www.kentuckypostnews.com - September 10 at 4:08 PM
stocksdaily.net logoColumbia Pipeline Partners LP (NYSE:CPPL) Boasts Rating Of 2.56 - Stocks Daily (NYSE:CPPL)
www.stocksdaily.net - September 9 at 4:17 PM
capitalcube.com logoColumbia Pipeline Partners LP – Value Analysis (NYSE:CPPL) : September 9, 2016 (NYSE:CPPL)
www.capitalcube.com - September 9 at 4:17 PM
stocksdaily.net logoColumbia Pipeline Partners LP (NYSE:CPPL) Boasts Rating Of 2.56 (NYSE:CPPL)
www.stocksdaily.net - September 9 at 9:12 AM
capitalcube.com logoColumbia Pipeline Partners LP breached its 50 day moving average in a Bullish Manner : CPPL-US : September 8, 2016 (NYSE:CPPL)
www.capitalcube.com - September 8 at 4:16 PM
News IconColumbia Pipeline Partners LP (NYSE:CPPL): What is the Sell-side Making of this Stock? - Post News (NYSE:CPPL)
www.kentuckypostnews.com - September 8 at 8:07 AM
News IconTracking Dividend Stock With Upside Potential: Columbia Pipeline Partners LP (NYSE:CPPL) - Post News (NYSE:CPPL)
www.kentuckypostnews.com - September 7 at 4:27 PM
News IconPlacing Columbia Pipeline Partners LP (NYSE:CPPL) Shares Under the Microscope - Post News (NYSE:CPPL)
www.kentuckypostnews.com - September 7 at 7:26 AM

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Columbia Pipeline Partners LP (NYSE:CPPL) Chart for Thursday, September, 29, 2016


Last Updated on 9/29/2016 by MarketBeat.com Staff