(CPPL) (CPPL) Stock Price, News & Analysis

(CPPL) (NYSE:CPPL) posted its earnings results on Tuesday, August, 2nd. The pipeline company reported $0.18 earnings per share for the quarter, hitting the consensus estimate of $0.18. The pipeline company earned $313.20 million during the quarter, compared to the consensus estimate of $352.67 million. The firm's revenue for the quarter was down .8% compared to the same quarter last year. During the same period in the previous year, the company posted $0.17 EPS.

(CPPL) (NYSE:CPPL) pays an annual dividend of $0.79 per share and currently has a dividend yield of 0.00%. The dividend payout ratio is 40.93%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for CPPL.

Based on aggregate information from My MarketBeat watchlists, some companies that other (CPPL) investors own include NiSource (NI), Ferrellgas Partners (FGP), Columbia Pipeline Group (CPGX), General Electric (GE), Holly Energy Partners (HEP), Incyte (INCY), Merck & Co., Inc. (MRK) and Nektar Therapeutics (NKTR).

(CPPL) (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.