Williams Partners LP (NYSE:WPZ) is scheduled to be announcing its earnings results after the market closes on Wednesday, November 1st. Analysts expect the company to announce earnings of $0.40 per share for the quarter.

Williams Partners (NYSE:WPZ) last announced its quarterly earnings results on Wednesday, August 2nd. The pipeline company reported $0.33 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.09). The company had revenue of $1.92 billion during the quarter, compared to the consensus estimate of $2.13 billion. Williams Partners had a net margin of 17.82% and a return on equity of 5.90%. On average, analysts expect Williams Partners to post $0.76 EPS for the current fiscal year and $1.88 EPS for the next fiscal year.

Shares of Williams Partners LP (WPZ) opened at 37.58 on Wednesday. The firm has a 50-day moving average of $39.15 and a 200-day moving average of $39.62. Williams Partners LP has a one year low of $32.93 and a one year high of $42.32. The company has a market capitalization of $35.92 billion, a P/E ratio of 22.60 and a beta of 1.40.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 10th. Shareholders of record on Friday, November 3rd will be issued a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a yield of 6.39%. The ex-dividend date is Thursday, November 2nd. Williams Partners’s payout ratio is 143.71%.

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In other Williams Partners news, Director H Brent Austin bought 1,000 shares of Williams Partners stock in a transaction dated Friday, September 22nd. The stock was acquired at an average cost of $38.66 per share, for a total transaction of $38,660.00. Following the completion of the transaction, the director now directly owns 9,958 shares of the company’s stock, valued at $384,976.28. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

WPZ has been the topic of several recent analyst reports. Wells Fargo & Company decreased their price objective on shares of Williams Partners from $49.00 to $45.00 and set an “outperform” rating on the stock in a report on Tuesday, October 10th. Stifel Nicolaus reaffirmed a “buy” rating and set a $48.00 price objective on shares of Williams Partners in a report on Friday, July 21st. Zacks Investment Research downgraded shares of Williams Partners from a “buy” rating to a “hold” rating in a report on Monday, July 17th. Wolfe Research initiated coverage on shares of Williams Partners in a report on Monday, September 25th. They set an “outperform” rating and a $45.00 price objective on the stock. Finally, BidaskClub downgraded shares of Williams Partners from a “hold” rating to a “sell” rating in a report on Thursday, September 14th. One research analyst has rated the stock with a sell rating, three have given a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of $44.93.

Williams Partners Company Profile

Williams Partners L.P. is an energy infrastructure company. The Company has operations 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. It operates through its Northeast G&P, Atlantic-Gulf, West segment.

Earnings History for Williams Partners (NYSE:WPZ)

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