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Last $47.53 USD
Change Today -0.28 / -0.59%
Volume 1.2M
WPZ On Other Exchanges
Symbol
Exchange
Berlin
As of 4:15 PM 07/6/15 All times are local (Market data is delayed by at least 15 minutes).

williams partners lp (WPZ) Snapshot

Open
$47.70
Previous Close
$47.81
Day High
$47.81
Day Low
$47.11
52 Week High
11/21/14 - $62.92
52 Week Low
01/13/15 - $44.85
Market Cap
28.5B
Average Volume 10 Days
4.2M
EPS TTM
$1.03
Shares Outstanding
586.7M
EX-Date
05/5/15
P/E TM
46.2x
Dividend
$3.40
Dividend Yield
5.97%
Current Stock Chart for WILLIAMS PARTNERS LP (WPZ)

williams partners lp (WPZ) Related Businessweek News

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williams partners lp (WPZ) Details

Williams Partners L.P., an energy infrastructure company, focuses on connecting North America’s hydrocarbon resource plays to growing markets for natural gas and natural gas liquids (NGL). It operates in Northeast G&P, Atlantic-Gulf, West, and NGL & Petchem Services segments. The Northeast G&P segment includes midstream gathering and processing businesses in the Marcellus and Utica shale regions; and a 51 percent equity investment in Laurel Mountain Midstream, LLC, as well as a 47.5 percent equity investment in Caiman Energy II, LLC. The Atlantic-Gulf segment is engaged in the interstate natural gas pipeline, natural gas gathering and processing, and crude oil production handling and transportation activities in the Gulf Coast region; and equity investment activities. The West segment is involved in gathering, processing, and treating operations in New Mexico, Colorado, and Wyoming, as well as the operation of interstate natural gas pipeline. The NGL & Petchem Services segment operates NGL and natural gas marketing businesses, as well as an NGL fractionator and storage facilities; and invests in pipelines, an olefins production facility, and a refinery grade propylene splitter and pipelines in the Gulf Coast region. Williams Partners GP LLC serves as the general partner of the company. The company was founded in 2005 and is based in Tulsa, Oklahoma. Williams Partners L.P. is a subsidiary of Williams Companies, Inc.

Founded in 2005

williams partners lp (WPZ) Top Compensated Officers

Chairman of Williams Partners GP LLC and Chie...
Total Annual Compensation: $961.5K
Chief Financial Officer of Williams Partners ...
Total Annual Compensation: $602.3K
Senior Vice President - Atlantic-Gulf of Will...
Total Annual Compensation: $452.7K
Senior Vice President of Corporate Strategic ...
Total Annual Compensation: $400.0K
Senior Vice President of Northeast Gathering ...
Total Annual Compensation: $366.3K
Compensation as of Fiscal Year 2013.

williams partners lp (WPZ) Key Developments

Williams Partners L.P. Presents at Credit Suisse 2015 MLP and Energy Logistics Conference, Jun-24-2015 10:15 AM

Williams Partners L.P. Presents at Credit Suisse 2015 MLP and Energy Logistics Conference, Jun-24-2015 10:15 AM. Venue: Credit Suisse Offices, One Madison Avenue, 12th Floor, New York, New York, United States. Speakers: Alan S. Armstrong, Chairman of Williams Partners GP LLC and Chief Executive Officer of Williams Partners GP LLC.

Williams Partners L.P. Announces Audited Consolidated Earnings Results for the Year Ended December 31, 2014

Williams Partners L.P. announced audited consolidated earnings results for the year ended December 31, 2014. For the period, the company reported total revenue of $7,409 million compared to $6,835 million a year ago. Operating income was $1,609 million compared to $1,407 million a year ago. Income before income taxes was $1,313 million compared to $1,149 million a year ago. Net income was $1,284 million compared to $1,119 million a year ago. Basic and diluted net income to common units was $0.99 compared to $1.76 a year ago. Net cash provided by operating activities was $2,345 million compared to $2,169 million a year ago. Capital expenditures were $3,692 million compared to $3,316 million a year ago.

Williams Companies, Inc. Announces Expansion of Capacity of its Projects of Williams Partners

Williams Companies Inc. announced that it expects to invest between $3.47 billion and $4.1 billion of capital among its business segments in 2015. Its ongoing major expansion projects include the following: Williams partners: oak grove expansion, the company plans to expand its processing capacity at its oak grove facility by adding a second 200 mmcf/d cryogenic natural gas processing plant, which is expected to be placed into service at the end of 2015; Susquehanna supply hub: it will continue to expand the gathering system in the Susquehanna supply hub in northeastern Pennsylvania that is needed to meet its customer’s production plans. the expansion of the gathering infrastructure includes additional compression and gathering pipeline to the existing system; Atlantic sunrise: the Atlantic sunrise expansion project involves an expansion of Transco’s existing natural gas transmission system along with Greenfield facilities to provide firm transportation from the northeastern Marcellus producing area to markets along transco’s mainline as far south as station 85 in Alabama and the company plan to file an application with the FERC in the second quarter of 2015 for approval of the project. The company plan to place the project into service during the second half of 2017, assuming timely receipt of all necessary regulatory approvals, and it is expected to increase capacity by 1,700 mdth/d; Leidy southeast: in December 2014, it has received approval from the FERC for Transco’s Leidy southeast expansion project to expand its existing natural gas transmission system from the Marcellus shale production region on Transco’s Leidy line in Pennsylvania to delivery points along its mainline as far south as station 85 in Alabama. The company plan to place a portion of the project into service in March 2015, which will enable to begin providing firm transportation service through the mainline portion of the project on an interim basis, until the in-service date of the project as a whole. The company plan to place the remainder of the project into service during the fourth quarter of 2015 and expect it to increase capacity by 525 Mdth/d. Mobile bay south iii: in April 2014, it has received approval from the FERC to construct and operate an expansion of Transco’s mobile bay line south from station 85 in west central Alabama to delivery points along the line. The company plan to place the project into service during the second quarter of 2015, and it is expected to increase capacity on the line by 225 Mdth/d; constitution pipeline: in December 2014, it has received approval from the FERC to construct and operate the jointly owned constitution pipeline and also received a notice of complete application from the New York Department of Environmental Conservation in December 2014. It currently own 41% of constitution with three other parties holding 25%, 24%, and 10%, respectively. It will be the operator of constitution. the 124-mile constitution pipeline will connect its gathering system in Susquehanna county, Pennsylvania, to the Iroquois gas transmission and Tennessee gas pipeline systems in New York. The company plans to place the project into service in the second half of 2016, assuming timely receipt of all necessary regulatory approvals, with an expected capacity of 650 mdth/d. the pipeline is fully subscribed with two shippers. Gulf Coast Expansion: in November 2012, it acquired 10 liquids pipelines in the Gulf Coast region. The acquired pipelines will be combined with an organic build-out of several projects to expand its petrochemical services in that region. The projects include the construction and commissioning of pipeline systems capable of transporting various products in the Gulf Coast region. A butanes/gasoline pipeline is expected to be placed into service in early 2015, with additional pipelines expected to be placed into service in 2016. Rock Springs Expansion: in June 2014, it has filed an application with the FERC for Transco's Rock Springs Expansion project to expand existing natural gas transmission system from New Jersey to a proposed generation facility in Maryland. The project is planned to be placed into service in third quarter 2016, assuming timely receipt of all necessary regulatory approvals, and is expected to increase capacity by 192 Mdth/d. Hillabee Expansion: in November 2014, it has filed an application with the FERC for approval of the initial phases of Transco's Hillabee Expansion project, which involves an expansion of existing natural gas transmission system from Station 85 in Alabama to a proposed new interconnection with Sabal Trail Transmission's system in Alabama. The project will be constructed in phases, and all of the project expansion capacity will be leased to Sabal Trail Transmission. The company plan to place the initial phases of the project into service during the second quarter of 2017, assuming timely receipt of all necessary regulatory approvals, and together they are expected to increase capacity by 1,025 Mdth/d. Gulf Trace Expansion: in December 2014, it has filed an application with the FERC for Transco's Gulf Trace Expansion Project to expand existing natural gas transmission system together with greenfield facilities to provide firm transportation from Station 65 in St. Helena Parish, Louisiana westward to a new interconnection with Sabine Pass Liquefaction in Cameron Parish, Louisiana. The company plan to place the project into service during the second half of 2017, assuming timely receipt of all necessary regulatory approvals, and it is expected to increase capacity by 1,200 Mdth/d. Parachute: due to a reduction in drilling in the Piceance basin during 2012 and early 2013, it has delayed the in-service date of 350 MMcf/d cryogenic natural gas processing plant in Parachute that was planned for service in 2014. The company are currently planning an in-service date in mid-2018. It will continue to monitor the situation to determine whether a different in-service date is warranted.

 

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