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: $39.29 billion
- Outstanding Shares: 955,457,000
- 50 Day Moving Avg: $39.39
- 200 Day Moving Avg: $40.21
- 52 Week Range: $32.93 - $42.32
Sales & Book Value:
- Trailing P/E Ratio: 41.24
- Foreward P/E Ratio: 23.23
- P/E Growth: 3.13
- Annual Revenue: $7.82 billion
- Price / Sales: 5.02
- Book Value: $24.56 per share
- Price / Book: 1.67
- Annual Dividend: $2.40
- Dividend Yield: 7.7%
- EBIDTA: $3.73 billion
- Net Margins: 13.00%
- Return on Equity: 5.35%
- Return on Assets: 2.72%
- Debt-to-Equity Ratio: 0.68%
- Current Ratio: 1.50%
- Quick Ratio: 1.42%
- Average Volume: 1.21 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 declared a quarterly dividend on Monday, July 24th. Stockholders of record on Friday, August 4th will be given a dividend of $0.60 per share on Friday, August 11th. This represents a $2.40 annualized dividend and a dividend yield of 5.84%. The ex-dividend date of this dividend 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) released its earnings results on Monday, October, 31st. The company reported $0.42 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.30 by $0.12. The company earned $1.91 billion during the quarter, compared to analyst estimates of $1.88 billion. Williams Partners LP had a return on equity of 5.35% and a net margin of 13.00%. During the same period last year, the company earned ($0.32) earnings per share. 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?
15 brokerages have issued 1 year price objectives for Williams Partners LP's shares. Their predictions range from $36.00 to $48.00. On average, they anticipate Williams Partners LP's share price to reach $44.00 in the next twelve months. 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 EOG Resources (EOG), ConocoPhillips (COP), CNOOC Limited (CEO), Occidental Petroleum Corporation (OXY), Canadian Natural Resources Limited (CNQ), Pioneer Natural Resources Company (PXD), Anadarko Petroleum Corporation (APC), Concho Resources (CXO), Apache Corporation (APA), Devon Energy Corporation (DVN), Noble Energy (NBL), Continental Resources (CLR), Cabot Oil & Gas Corporation (COG), EQT Corporation (EQT), Marathon Oil Corporation (MRO), Encana Corporation (ECA), Diamondback Energy (FANG) and Cimarex Energy Co (XEC).
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 number of of institutional and retail investors. Top institutional investors include Bank of Montreal Can (0.53%), Miller Howard Investments Inc. NY (0.19%), Spirit of America Management Corp NY (0.05%), ING Groep NV (0.05%), Hollencrest Securities LLC (0.02%) and Trust Asset Management LLC (0.01%). 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 ING Groep NV, Miller Howard Investments Inc. NY, Oxbow Advisors LLC, Hollencrest Securities LLC, Marquette Asset Management Inc., Creative Planning, Burke & Herbert Bank & Trust Co. and Rockefeller Financial Services Inc.. 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 Bank of Montreal Can, Spirit of America Management Corp NY, Virtu Financial LLC, Diversified Trust Co, Winslow Evans & Crocker Inc., US Bancorp DE, Roanoke Asset Management Corp NY and Trust Asset Management 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 $41.12.
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, 11 Buy Ratings, 1 Strong Buy Rating|
|Consensus Rating:||Buy (Score: 2.87)|
|Consensus Price Target: ||$44.00 (7.00% upside)|
Analysts' Ratings History for Williams Partners LP (NYSE:WPZ)
(Data available from 7/25/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|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|
|6/5/2017||BMO Capital Markets||Set Price Target||Buy||$47.00||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|
|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)
|Dividend Growth:||-0.10% (3 Year Average)|
|Payout Ratio:||282.35% (Trailing 12 Months of Earnings) |
315.79% (Based on This Year's Estimates)
135.59% (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: 23.44%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 Tuesday, July, 25, 2017