30.31 0.00 (0.00%)
After hours: 4:38PM EDT
|Bid||29.00 x 1800|
|Ask||31.04 x 36200|
|Day's Range||29.72 - 30.88|
|52 Week Range||24.00 - 33.67|
|PE Ratio (TTM)||12.54|
|Earnings Date||Oct 30, 2018 - Nov 5, 2018|
|Forward Dividend & Yield||1.36 (4.31%)|
|1y Target Est||33.94|
"Halftime Report" traders Jon and Pete Najarian spot unusual options activity in shares of Papa John's, Williams Companies and Symantec.
The Chinese e-commerce company reported a profit per share of 0.84 renminbi and sales of 20.74 billion renminbi. Analysts polled by Reuters expected Vipshop to post earnings of 0.95 renminbi per share on revenue of 21.08 billion renminbi. The telecommunications company, which went public last October, reported earnings of 2 cents a share on revenue of $102.2 million.
Williams announced today that the Federal Energy Regulatory Commission has issued a certificate of public convenience and necessity authorizing the Rivervale South to Market project – an expansion of the existing Transco natural gas pipeline to meet the growing heating and power generation demand for northeastern consumers.
83.0% of analysts rate Energy Transfer Equity (ETE) a “buy” as of August 9, and the remaining 17.0% rate it a “hold.” Peers Williams Companies (WMB) and Kinder Morgan (KMI) have “buy” ratings from 77.8% and 71.4% of analysts, respectively. Stephens recently upgraded the GP (general partner) to “overweight,” which is equivalent to a “buy” from “equal weight,” which is equivalent to “hold.”
Energy Transfer Equity (ETE) continues to trade above both its short-term (50-day) and long-term (200-day) moving average. The MLP general partner was trading 2.5% above its 50-day SMA and 8.9% above the 200-day SMA as of August 9. ETE’s peers, Williams Companies (WMB) and Plains GP Holdings (PAGP) were trading 10.5% and 14.8% above their 200-day moving average. This indicates an overall positive sentiment in the midstream energy sector.
Williams Companies (WMB) purchases all of the 256-million outstanding common units of Williams Partners in an all stock-for-unit transaction.
Energy Transfer Partners’ (ETP) total outstanding debt continued to grow during the second quarter of 2018 despite some recent debt reduction measures including asset sales. At the same time, Energy Transfer Equity (ETE) reported total outstanding debt of $44.6 billion at the consolidated level. Energy Transfer Partners’ leverage position has improved over the recent quarter despite an increase in total debt.
Moody's Investors Service (Moody's) upgraded The Williams Companies, Inc.'s (Williams) senior unsecured notes rating to Baa3 from Ba2, and assigned a Prime-3 Commercial Paper (CP) Rating to the company's new CP program. Moody's also affirmed the Baa3 ratings on Williams Partners L.P.'s (WPZ) senior unsecured notes and its stable rating outlook. Concurrently, Moody's withdrew Williams' Ba2 Corporate Family Rating, Ba2-PD Probability of Default Rating, and the SGL-2 Speculative Grade Liquidity Rating.
The Williams Companies, Inc. (WMB) (“Williams”) and Williams Partners L.P. (WPZ) (“Williams Partners”) today announced that Williams has closed the merger of Williams Partners with a subsidiary of Williams. Pursuant to the merger, Williams acquired all of the outstanding common units of Williams Partners it did not previously own. As a result of the merger, and following today’s closing of the market, Williams Partners common units will no longer be publicly traded on the New York Stock Exchange.
The Williams Companies, Inc. and Williams Partners L.P. today announced that Williams stockholders approved the issuance of Williams common stock in connection with the previously announced merger transaction between Williams Partners and a subsidiary of Williams pursuant to which Williams will acquire all of the outstanding common units of Williams Partners it does not currently own and the related ...
DALLAS , Aug. 8, 2018 /PRNewswire/ -- Alerian announced today that Williams Partners (NYSE: WPZ) is expected to be removed from the Alerian Midstream Energy Index (AMNA), Alerian MLP Infrastructure Index ...
Williams Companies Inc (NYSE: WMB ), a provider of large-scale infrastructure connecting natural gas and related products to end markets, is a pure play on domestic natural gas production with an attractive ...
For Energy Transfer Equity (ETE), 83.3% of the analysts surveyed by Reuters rate the stock as a “buy” as of August 1, while 16.7% rate it as a “hold.” Bank of America upgraded the stock to “buy” from “hold.” Williams Companies (WMB) and Kinder Morgan (KMI) have “buy” ratings from 77.8% and 71.4% of the analysts, respectively. Energy Transfer Equity’s average target price of $20.2 implies ~9% upside potential from the current price levels.
The combined company will operate some of the most-prized natural gas infrastructure in the United States -- and grow its distribution by up to 15% next year.
The natural gas pipeline giant plans to increase capital spending in connection with two new expansion initiatives.
DALLAS , Aug. 2, 2018 /PRNewswire/ -- Swank Capital, LLC and Cushing ® Asset Management, LP announce an upcoming interim change to the constituents of The Cushing ® 30 MLP Index (the "Index"). ...
DALLAS , Aug. 2, 2018 /PRNewswire/ -- Swank Capital, LLC and Cushing® Asset Management, LP announce an upcoming interim rebalance of The Cushing ® MLP Market Cap Index (the "Index"). On May 16, ...
The much-anticipated merger in the midstream energy space was finally announced late on August 1. Energy Transfer Partners (ETP) has agreed to merge with the wholly owned subsidiary of Energy Transfer Equity (ETE) in an all-stock deal. In its first-quarter earnings call, Energy Transfer Equity told investors that it has been exploring options to simplify its ownership structure.