|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||35.65 - 36.18|
|52 Week Range||32.74 - 44.06|
|PE Ratio (TTM)||40.01|
|Earnings Date||May 2, 2018|
|Forward Dividend & Yield||2.40 (6.93%)|
|1y Target Est||44.60|
So far in this series, we have discussed the performance of the broader MLP sector, top MLP gainers, and top MLP losses in the week ending April 20. In this part, we’ll discuss last week’s MLP rating updates.
In the week ending April 20, MLPs rallied for the second consecutive week. The Alerian MLP Index (^AMZ), which includes 50 energy MLPs, rose 3.5% during the week and ended at 256.8. The index has gained 7.0% in the last two weeks.
Williams Partners L.P. (WPZ) today announced a regular quarterly cash distribution of $0.614 per unit for its common unitholders. Williams Partners is an industry-leading, large-cap natural gas infrastructure master limited partnership with a strong growth outlook and major positions in key U.S. supply basins. Williams Partners has operations across the natural gas value chain including gathering, processing and interstate transportation of natural gas and natural gas liquids.
Williams Partners LP. (NYSE:WPZ) is currently trading at a trailing P/E of 40.4x, which is higher than the industry average of 12.6x. While WPZ might seem like a stock toRead More...
Williams Partners' (WPZ) Southeastern Trail development entails the expansion of the daily transportation capacity of the Transco pipeline system by 296,375 dekatherms of natural gas.
Williams and Williams Partners plan to announce their first-quarter 2018 financial results after the market closes on Wednesday, May 2, 2018.
Williams Partners L.P. announced today that Transco has filed an application with the Federal Energy Regulatory Commission seeking authorization for its Southeastern Trail expansion project, which would create 296,375 dekatherms per day of additional firm transportation capacity to markets in the Mid-Atlantic and Southeastern U.S.
Investors pursuing a solid, dependable stock investment can often be led to Williams Partners LP. (NYSE:WPZ), a large-cap worth US$32.77B. Market participants who are conscious of risk tend to searchRead More...
About 70.0% of analysts covering Williams Companies (WMB) gave it a “buy” recommendation, and the remaining 30.0% gave it a “hold” rating on April 5, 2018. Williams Partners (WPZ), WMB’s MLP subsidiary, has “buy” ratings from 80.0% of the analysts.
Energy Transfer Partners (ETP) and its GP (general partner), Energy Transfer Equity (ETE), are among the top midstream companies that offer high upside potentials.
Boardwalk Pipeline Partners (BWP), a midstream MLP mainly involved in natural gas and NGLs (natural gas liquids) transportation, saw a new all-time low recently. In comparison, BWP’s peers Spectra Energy Partners (SEP), Williams Partners (WPZ), and TC PipeLines (TCP) have fallen 16.0%, 13.9%, and 36.5%, respectively. Boardwalk Pipeline Partners’ recent weakness could be related to recent sector headwinds and its weak 4Q17 earnings.
The Alerian MLP Index has fallen nearly 13% year-to-date. Notably, Plains All American Pipeline stock fell significantly in 2017 after it announced a second distribution cut. Plains All American Pipeline has fallen 25% in the trailing 12-month period.
A sizeable part of portfolio returns can be produced by dividend stocks due to their contribution to compounding returns in the long run. Williams Partners LP. (NYSE:WPZ) has returned toRead More...
Williams Partners L.P. announced today that it has placed into service the facilities constructed as part of Phase 2 of the Garden State Expansion Project, an expansion of the Transco pipeline system designed to deliver 180,000 dekatherms a day of additional natural gas capacity to New Jersey Natural Gas.