Williams Partners (NYSE:WPZ) released its quarterly earnings data on Wednesday. The pipeline company reported $0.44 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.44, reports. Williams Partners had a net margin of 17.02% and a return on equity of 5.55%.
Shares of Williams Partners (NYSE WPZ) traded up $0.14 on Wednesday, hitting $40.43. 646,649 shares of the stock traded hands, compared to its average volume of 1,520,000. Williams Partners has a 52 week low of $34.74 and a 52 week high of $44.06. The firm has a market cap of $39,370.00, a price-to-earnings ratio of 28.88, a price-to-earnings-growth ratio of 2.64 and a beta of 1.43. The company has a current ratio of 1.06, a quick ratio of 0.99 and a debt-to-equity ratio of 0.65.
The firm also recently declared a quarterly dividend, which was paid on Friday, February 9th. Stockholders of record on Friday, February 2nd were paid a dividend of $0.60 per share. The ex-dividend date of this dividend was Thursday, February 1st. This represents a $2.40 annualized dividend and a dividend yield of 5.94%. Williams Partners’s dividend payout ratio (DPR) is 171.43%.
In other news, insider John D. Seldenrust sold 6,770 shares of the stock in a transaction on Thursday, December 21st. The shares were sold at an average price of $38.76, for a total transaction of $262,405.20. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.
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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.
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