Williams Partners L.P. is an energy infrastructure company. The Company has operations across the natural gas value chain from gathering, processing, and interstate transportation of natural gas and natural gas liquids to petchem production of ethylene, propylene, and other olefins. It operates through its Northeast G&P, Atlantic-Gulf, West segment. Under the Northeast G&P segment, it owns and operates fractionation facilities at Moundsville, de-ethanization and condensate facilities at its Oak Grove processing plant. The Atlantic Gulf segment includes the Company's interstate natural gas pipeline, Transcontinental Gas Pipe Line Company, LLC. The West segment includes its interstate natural gas pipeline, Northwest Pipeline, and natural gas gathering processing and treating operations.
Industry, Sector and Symbol:
- Market Cap: $35.66 billion
- Outstanding Shares: 955,810,000
- 50 Day Moving Avg: $40.03
- 200 Day Moving Avg: $40.11
- 52 Week Range: $32.93 - $42.32
Sales & Book Value:
- Trailing P/E Ratio: 22.69
- Foreward P/E Ratio: 20.96
- P/E Growth: 2.62
- Annual Revenue: $8 billion
- Price / Sales: 4.46
- Book Value: $24.31 per share
- Price / Book: 1.53
- Annual Dividend: $2.40
- Dividend Yield: 6.4%
- EBIDTA: $3.78 billion
- Net Margins: 17.82%
- Return on Equity: 5.90%
- Return on Assets: 3.03%
- Debt-to-Equity Ratio: 0.67%
- Current Ratio: 1.02%
- Quick Ratio: 0.98%
- Average Volume: 1.11 million shs.
- Beta: 1.43
- Short Ratio: 3.62
Frequently Asked Questions for Williams Partners LP (NYSE:WPZ)
What is Williams Partners LP's stock symbol?
Williams Partners LP trades on the New York Stock Exchange (NYSE) under the ticker symbol "WPZ."
How often does Williams Partners LP pay dividends? What is the dividend yield for Williams Partners LP?
Williams Partners LP announced a quarterly dividend on Monday, July 24th. Stockholders of record on Friday, August 4th will be paid a dividend of $0.60 per share on Friday, August 11th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 6.43%. The ex-dividend date is Wednesday, August 2nd. View Williams Partners LP's Dividend History.
How were Williams Partners LP's earnings last quarter?
Williams Partners LP (NYSE:WPZ) posted its quarterly earnings results on Wednesday, August, 2nd. The company reported $0.33 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.42 by $0.09. The firm had revenue of $1.92 billion for the quarter, compared to analyst estimates of $2.13 billion. Williams Partners LP had a return on equity of 5.90% and a net margin of 17.82%. View Williams Partners LP's Earnings History.
When will Williams Partners LP make its next earnings announcement?
Where is Williams Partners LP's stock going? Where will Williams Partners LP's stock price be in 2017?
14 brokers have issued 12 month price targets for Williams Partners LP's stock. Their forecasts range from $40.00 to $48.00. On average, they expect Williams Partners LP's stock price to reach $44.67 in the next year. View Analyst Ratings for Williams Partners LP.
Who are some of Williams Partners LP's key competitors?
Some companies that are related to Williams Partners LP include ConocoPhillips (COP), CNOOC Limited (CEO), EOG Resources (EOG), Occidental Petroleum Corporation (OXY), Canadian Natural Resources Limited (CNQ), Anadarko Petroleum Corporation (APC), Pioneer Natural Resources Company (PXD), Concho Resources (CXO), Devon Energy Corporation (DVN), Apache Corporation (APA), Continental Resources (CLR), Cabot Oil & Gas Corporation (COG), Noble Energy (NBL), EQT Corporation (EQT), Marathon Oil (MRO), Cimarex Energy Co (XEC), Encana Corporation (ECA) and Diamondback Energy (FANG).
Who are Williams Partners LP's key executives?
Williams Partners LP's management team includes the folowing people:
- Alan S. Armstrong, Chairman of the Board, Chief Executive Officer of Access Midstream Partners GP,LLC.
- Donald R. Chappel, Chief Financial Officer, Director of Access Midstream Partners GP,LLC.
- Sarah C. Miller, Senior Vice President, General Counsel, Secretary of Williams Partners GP, L.L.C
- Walter J. Bennett, Senior Vice President - Western Operations of Access Midstream Partners LLC and Director of WPZ GP LLC
- James E. Scheel, Senior Vice President - Northeast G&P and Director of ACMP GP, LLC.
- Francis E. Billings, Senior Vice President - Corporate Strategic Development of ACMP GP, LLC
- John R. Dearborn, Senior Vice President NGL & Petchem Services ACMP GP LLC.
- Rory Lee Miller, Senior Vice President - Atlantic-Gulf and Director - Atlantic - Gulf, ACMP GP LLC.
- John D. Seldenrust, Senior Vice President - E&C (Engineering and Construction) of Williams Partners GP, LLC.
- Ted T. Timmermans, Chief Accounting Officer, Vice President, Controller, ACMP GP LLC.
Who owns Williams Partners LP stock?
Williams Partners LP's stock is owned by a variety of of retail and institutional investors. Top institutional investors include FMR LLC (2.87%), Alps Advisors Inc. (1.93%), Kayne Anderson Capital Advisors LP (1.22%), Tortoise Capital Advisors L.L.C. (1.19%), Advisory Research Inc. (0.63%) and Atlantic Trust Group LLC (0.57%). View Institutional Ownership Trends for Williams Partners LP.
Who sold Williams Partners LP stock? Who is selling Williams Partners LP stock?
Williams Partners LP's stock was sold by a variety of institutional investors in the last quarter, including Kayne Anderson Capital Advisors LP, FMR LLC, ING Groep NV, JPMorgan Chase & Co., Columbus Hill Capital Management L.P., Dividend Assets Capital LLC, Miller Howard Investments Inc. NY and Freestone Capital Holdings LLC. View Insider Buying and Selling for Williams Partners LP.
Who bought Williams Partners LP stock? Who is buying Williams Partners LP stock?
Williams Partners LP's stock was bought by a variety of institutional investors in the last quarter, including Center Coast Capital Advisors LP, Balyasny Asset Management LLC, Bank of Montreal Can, Alps Advisors Inc., Parametric Portfolio Associates LLC, HITE Hedge Asset Management LLC, Eagle Global Advisors LLC and Global X Management Co. LLC. View Insider Buying and Selling for Williams Partners LP.
How do I buy Williams Partners LP stock?
Shares of Williams 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 Williams Partners LP's stock price today?
MarketBeat Community Rating for Williams Partners LP (NYSE WPZ)MarketBeat's community ratings are surveys of what our community members think about Williams 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.
One share of Williams Partners LP stock can currently be purchased for approximately $37.31.
Consensus Ratings for Williams Partners LP (NYSE:WPZ) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||3 Hold Ratings, 10 Buy Ratings, 1 Strong Buy Rating|
|Consensus Rating:||Buy (Score: 2.86)|
|Consensus Price Target: ||$44.67 (19.72% upside)|
Analysts' Ratings History for Williams Partners LP (NYSE:WPZ)
(Data available from 8/21/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|8/18/2017||BMO Capital Markets||Set Price Target||Buy||$47.00||Low|
|7/21/2017||Stifel Nicolaus||Reiterated Rating||Buy||$48.00||Low|
|7/18/2017||Barclays PLC||Upgrade||Equal Weight -> Overweight||$44.00 -> $47.00||Low|
|7/12/2017||Jefferies Group LLC||Upgrade||Hold -> Buy||$42.00 -> $44.00||Low|
|5/12/2017||Credit Suisse Group||Upgrade||Neutral -> Outperform||$45.00 -> $47.00||Medium|
|4/7/2017||Citigroup Inc.||Upgrade||Neutral -> Buy||$41.00 -> $46.00||Low|
|3/24/2017||Royal Bank Of Canada||Reiterated Rating||Hold||$43.00||Low|
|2/10/2017||Deutsche Bank AG||Initiated Coverage||Hold -> Buy||$47.00||N/A|
|1/24/2017||Goldman Sachs Group, Inc. (The)||Boost Price Target||Neutral||$35.00 -> $40.00||N/A|
|1/11/2017||Raymond James Financial, Inc.||Upgrade||Market Perform -> Strong-Buy||$44.00||N/A|
|1/11/2017||Wells Fargo & Company||Upgrade||Market Perform -> Outperform||N/A|
|12/22/2016||Morgan Stanley||Reiterated Rating||Overweight||$40.00||N/A|
|9/8/2016||US Capital Advisors||Downgrade||Overweight -> Hold||N/A|
|8/2/2016||Evercore Partners Inc||Boost Price Target||Buy||$35.00 -> $36.00||N/A|
|6/8/2016||Bank of America Corporation||Reiterated Rating||Buy||$28.00 -> $37.00||N/A|
|5/11/2016||Sanford C. Bernstein||Initiated Coverage||Outperform||$40.00||N/A|
|11/3/2015||Ladenburg Thalmann Financial Services||Upgrade||Neutral -> Buy||$57.00||N/A|
|10/21/2015||Evercore ISI||Initiated Coverage||Buy||$38.00||N/A|
Earnings History for Williams Partners LP (NYSE:WPZ)Earnings History by Quarter for Williams Partners LP (NYSE WPZ)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|8/2/2017||Q2 2017||$0.42||$0.33||$2.13 billion||$1.92 billion||View||Listen|
|10/31/2016||Q315||$0.30||$0.42||$1.88 billion||$1.91 billion||View||Listen|
|10/28/2015||Q115||$0.27||($0.23)||$2.02 billion||$1.79 billion||View||Listen|
|7/30/2015||Q2||$0.18||$0.46||$1.91 billion||$1.83 billion||View||Listen|
|2/25/2015||Q414||$0.21||$0.16||$507.74 million||$495.08 million||View||N/A|
|10/29/2014||Q314||$0.39||$0.07||$312.27 million||$313.85 million||View||N/A|
|10/30/2014||Q314||$0.33||$0.03||$326.60 million||$313.85 million||View||N/A|
|7/29/2014||Q214||$0.30||$0.18||$300.59 million||$292.90 million||View||Listen|
|4/29/2014||Q214||$0.32||$0.15||$284.45 million||$277.07 million||View||Listen|
|2/18/2014||Q114||$0.43||$0.47||$298.47 million||$328.10 million||View||Listen|
|10/30/2013||Q413||$0.33||$0.22||$258.71 million||$260.90 million||View||Listen|
|7/31/2013||Q2 2013||$0.37||$0.31||$1.60 billion||View||N/A|
|7/30/2013||Q2 2013||$0.28||$0.31||$248.35 million||$247.20 million||View||Listen|
|5/7/2013||Q1 2013||$0.49||$0.50||$1.99 billion||View||N/A|
|4/30/2013||Q1 2013||$0.34||$0.14||$224.79 million||$236.90 million||View||Listen|
|2/20/2013||Q4 2012||$0.50||$0.42||$1.88 billion||View||N/A|
|11/6/2012||Q312||$0.35||$0.32||$153.11 million||$156.09 million||View||N/A|
Earnings Estimates for Williams Partners LP (NYSE:WPZ)
2017 EPS Consensus Estimate: $1.70
2018 EPS Consensus Estimate: $2.01
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Williams Partners LP (NYSE:WPZ)
|Most Recent Dividend:||8/11/2017|
|Dividend Growth:||-0.10% (3 Year Average)|
|Payout Ratio:||143.71% (Trailing 12 Months of Earnings) |
315.79% (Based on This Year's Estimates)
134.83% (Based on Next Year's Estimates)
Dividend History by Quarter for Williams Partners LP (NYSE WPZ)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Williams Partners LP (NYSE:WPZ)
Institutional Ownership Percentage: 23.55%Insider Trades by Quarter for Williams Partners LP (NYSE:WPZ)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|9/12/2016||John D Seldenrust||Insider||Sell||9,023||$37.67||$339,896.41|| |
|11/21/2014||Williams Companies Inc||Director||Buy||60,000||$66.37||$3,982,200.00|| |
|8/25/2014||Bradley D Mueller||VP||Sell||1,625||$62.37||$101,351.25|| |
|12/11/2013||J Michael Stice||CEO||Buy||5,900||$51.02||$301,018.00|| |
|11/7/2013||Thomas Karam||Director||Sell||23,000||$50.01||$1,150,230.00|| |
|9/17/2013||Infrastructure Investor Global||major shareholder||Sell||1,000,000||$46.11||$46,110,000.00|| |
|9/16/2013||Thomas Karam||Director||Sell||20,000||$50.48||$1,009,600.00|| |
|8/20/2013||J Michael Stice||CEO||Buy||6,600||$45.71||$301,686.00|| |
|6/12/2013||Thomas F Karam||Director||Sell||6,000||$50.05||$300,300.00|| |
|5/23/2013||Thomas F Karam||Director||Sell||25,000||$51.70||$1,292,500.00|| |
|3/8/2013||Williams Companies Inc||Major Shareholder||Buy||3,000,000||$47.66||$142,980,000.00|| |
|12/26/2012||Philip L Frederickson||Director||Buy||4,500||$32.89||$148,005.00|| |
|12/24/2012||David A Daberko||Director||Buy||6,000||$33.20||$199,200.00|| |
|12/24/2012||J Michael Stice||CEO||Buy||9,000||$33.60||$302,400.00|| |
Headline Trends for Williams Partners LP (NYSE:WPZ)
Latest Headlines for Williams Partners LP (NYSE:WPZ)
Williams Partners LP (WPZ) Chart for Monday, August, 21, 2017