Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


April 18, 2015 8:17 AM ET

Oil, Gas and Consumable Fuels

Company Overview of WPZ GP LLC

Company Overview

Access Midstream Partners GP, L.L.C. operates as a general partner for Access Midstream Partners, L.P. which owns, operates, develops, and acquires natural gas gathering systems and other midstream energy assets in the United States. The company was formerly known as Chesapeake Midstream GP LLC and changed its name to Access Midstream Partners GP, L.L.C. in July 2012. Access Midstream Partners GP, L.L.C. was incorporated in 2010 and is based in Oklahoma City, Oklahoma. As of December 20, 2012, Access Midstream Partners GP, L.L.C. operates as a subsidiary of Williams Companies, Inc.

900 N.W. 63rd Street

Oklahoma City, OK 73118

United States

Founded in 2010

Key Executives for WPZ GP LLC

Chief Executive Officer and Director
Age: 51
Chief Financial Officer and Director
Age: 63
Chief Operating Officer and Director
Age: 57
Chief Accounting Officer
Age: 57
Vice President and Treasurer
Compensation as of Fiscal Year 2014.

WPZ GP LLC Key Developments

Access Midstream Partners, L.P. Reports Unaudited Earnings Results for the Fourth Quarter and Year Ended December 31, 2014

Access Midstream Partners, L.P. reported unaudited earnings results for the fourth quarter and year ended December 31, 2014. For the quarter, the company reported profit of $225 million against $26 million a year ago. Adjusted profit was $252 million against $21 million a year ago. Adjusted EBITDA for fourth quarter 2014 totaled $317 million, an increase of $76 million, or 31.5%, from fourth quarter 2013 adjusted EBITDA of $241 million. Capital expenditures were $185 million against $128 million a year ago. For the year, the company reported profit of $2,803 million against $61 million a year ago. Adjusted profit was $350 million against $30 million a year ago. On a standalone basis, pre-merger company’s 2014 adjusted EBITDA was $1.161 billion, an increase of $302 million, or 35.2%, compared to 2013 adjusted EBITDA of $859 million. Capital expenditures were $423 million against $230 million a year ago.

Access Midstream Partners GP, L.L.C. Announces Executive Appointments; Files Certificate of Amendment

On February 2, 2015, the Board of Directors of Access Midstream Partners GP, L.L.C. appointed Ted T. Timmermans to serve as Chief Accounting Officer. Mr. Timmermans served as Vice President, Controller, and Chief Accounting Officer of Williams and the WPZ General Partner since 2005. On February 2, 2015, following the consummation of the subsequent merger, the Board appointed both Alice M. Peterson and H. Brent Austin as members of each of the Conflicts Committee and the Audit Committee of the Board. On February 2, 2015, following the consummation of the subsequent merger, John D. Seldenrust began to serve as Senior VP - Access Eastern Ops of Williams but is no longer an executive officer of ACMP General Partner within the meaning of Rule 3b-7 under the Securities Exchange Act of 1934, as amended. The company filed with the Delaware Secretary of State a Certificate of Amendment to its Certificate of Formation.

Access Midstream Partners GP, L.L.C. has Changed its Name to WPZ GP LLC

Access Midstream Partners GP, L.L.C. changed its name to WPZ GP LLC.

Similar Private Companies By Industry

Company Name Region
Apex Resources Group, Inc. United States
Alternative Fuel Solutions, LLC United States
River Hill Coal Company, Inc. United States
Indiana Harbor Coke Company L.P. United States
Gary-Williams Energy Corporation United States

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
June 15, 2014
--
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
Greater Houston Partnership United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact WPZ GP LLC, please visit --. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.