Oil, Gas and Consumable Fuels
Company Overview of WPZ GP LLC
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
Founded in 2010
Key Executives for WPZ GP LLC
Chief Executive Officer and Director
Chief Financial Officer and Director
Chief Operating Officer and Director
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
Feb 18 15
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
Feb 3 15
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
Feb 3 15
Access Midstream Partners GP, L.L.C. changed its name to WPZ GP LLC.
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June 15, 2014