Williams Partners L_P_ NYSE $WPZ Correlation Histogram
X axis : Stocks Price Correlation Coefficient Y axis : Quantity of stocks Sep-2016 1,000 Day Parameter 4,338 NYSE Stocks Price Analysis This stock mode of correlation coefficient is 0.2 In other words, the correlation coefficient of the other stocks
The last time WPZ did something like this it blew up. Things look enticing now that performance (today) has hit 1.36%. Ive been struggling with this stock lately. Some of my other trades have been from aw-esomeSTOCKS which are working out pretty well.
Anyone seen their k-1 yet?
WMB and WPZ are high on the Kool-Aid
2/10/17 Deutsche Bank AG Initiates Williams Partners LP (WPZ) Buy
cashed in my Wpz today bought at 14.4 sold at 41.0 😀
Divvy reduction will occur on next distribution in May.
According to WPZ late Tuesday, Divvy remains @ .85. Thought it was cut? Help!
Kinder Morgan missed estimates, wouldn't be surprised that wpz too will miss earnings and revenues estimates.
01/23/17 BMO Capital Markets Upgrades Williams Partners L.P. (WPZ) Market Perform -> Outperform $47.00
It looks like WMB is setting up to buy the balance of WPZ it doesn't already own. Raising its own dividend although it is foregoing the preferential dividends its entitled to, in exchange for more equity. Looks like WMB's board knows it will have cash to distribute, likely from the distributions that would have gone to WPZ outside LPs.
Stop loss in 39.60 now
WPZ is currently trading about 10% above what WMB and its bankers, the folks with inside information and its books, determined as a fair value for WPZ and that they will use the proceeds from WMB new equity issuance to buy WPZ shares at that price. Spot price will convert back to reality toward its fair value sooner rather than later and someone will cry bloody murder for losing a large chunk of their vestments. Whose fault is it if someone is willing to shell out the price of a Cadillac for a Chevy truck?
WMB executives are sending extremely worrisome signals about its limited partnership WPZ. First, most of the people who invest in a limited partnership count on a constant stream of dividend payments year in and year out. They do not like volatility even if it is on the upside if such upside cannot be duplicated year after years. WMB management has just announced that it is cutting the quarterly distribution on WPZ by 30%. This is sending a negative signal that as a stand alone entity, WPZ is facing and is expected to continue to face a shortage in capital to fund its activities. Additionally, by issuing WMB equity to finance WPZ activities, the management is saying that WPZ is not only facing a capital shortfall but it is infact in financial distress. WPZ is not able to raise capital by any mean, whether through debt or a more expensive equity issuance. It has to rely on WMB to provide financing. Additionally, by issuing WMB equity to finance WPZ and to boost up WPZ stock price, WMB is also signaling the following: * WMB balance sheet is less than ideal and it can not get a favorable term to raise capital other than resorting to the most expensive method of issuing equity and thus diluting shareholder values. * WMB new equity issuance is to raise capital NOT for its own value added activities but to buy up shares of a more distress entities. It is basically throwing good money after bad. * WMB is attempting (without success) to shore up WPZ share prices by shifting values from WMB to WPZ. Consequently, WMB value will be diminished and as WPZ sinks it will drag WMB down with it.
Sold out my position this morning. Just like KMI--cut the divie=gone.
do not sell your Wpz, Williams is going to have to pay me top dollar
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