Williams Partners LP (NYSE:WPZ) is expected to pay $0.85 on Nov 11, 2016. The indicated annual dividend is $3.40. Shareholders owning the stock before Nov 2, 2016 will be eligible to receive the payout. Based on Williams Partners LP’s current price of $35.82, the dividend is 2.37%. This dividend’s record date is Nov 4, 2016 and the announcement date is Oct 26, 2016. The stock closed at $35.82 during the last session. It is down 81.55% since March 30, 2016 and is uptrending. It has outperformed by 78.54% the S&P500.
Williams Partners L.P., formerly Access Midstream Partners, L.P, is an energy infrastructure master limited partnership with activities across the natural gas value chain. The company has a market cap of $21.53 billion. The Company’s divisions include Central, Northeast G&P, Atlantic-Gulf, West, and NGL & Petchem Services. It currently has negative earnings. The Company’s Central segment provides domestic gathering, treating, and compression services to producers under long-term, fixed fee contracts.
Williams Partners LP (NYSE:WPZ) Ratings Coverage
Out of 13 analysts covering Williams Partners LP (NYSE:WPZ), 8 rate it a “Buy”, 0 “Sell”, while 5 “Hold”. This means 62% are positive. Williams Partners LP has been the topic of 23 analyst reports since September 11, 2015 according to StockzIntelligence Inc. The firm earned “Buy” rating on Wednesday, October 21 by Evercore. The firm has “Neutral” rating by Credit Suisse given on Tuesday, August 2. The stock has “Market Perform” rating given by Wells Fargo on Friday, January 15. The rating was maintained by Jefferies with “Buy” on Wednesday, June 8. The stock of Williams Partners LP (NYSE:WPZ) earned “Buy” rating by Bank of America on Friday, October 2. On Friday, April 8 the stock rating was upgraded by US Capital Advisors to “Overweight”. Citigroup reinitiated the stock with “Neutral” rating in Friday, July 22 report. As per Thursday, June 30, the company rating was maintained by RBC Capital Markets. As per Tuesday, August 2, the company rating was maintained by UBS. The rating was maintained by Evercore on Tuesday, August 2 with “Buy”.
More recent Williams Partners LP (NYSE:WPZ) news were published by: Wsj.com which released: “Williams, Williams Partners Swing to Profit” on October 31, 2016. Also Nasdaq.com published the news titled: “Ex-Dividend Reminder: Teekay Offshore Partners, NGL Energy Partners and …” on October 31, 2016. Streetinsider.com‘s news article titled: “Form 8-K WILLIAMS PARTNERS LP For: Oct 12” with publication date: October 13, 2016 was also an interesting one.
WPZ Company Profile
Williams Partners L.P., formerly Access Midstream Partners, L.P, incorporated on January 21, 2010, is an energy infrastructure master limited partnership with activities across the natural gas value chain from gathering, processing and interstate transportation of natural gas and natural gas liquids to petchem production of ethylene, propylene and other olefins. The Company’s operating divisions include Central, Northeast G&P, Atlantic-Gulf, West, and NGL & Petchem Services. The Firm is focused on connecting North America’s hydrocarbon resource plays to growing markets for natural gas, natural gas liquids (NGLs) and olefins through its gas pipeline and midstream businesses. The Company’s activities are located principally in the United States, but span from the deepwater Gulf of Mexico to the Canadian oil sands.
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