Ratios

		vs industry	vs history
P/E(ttm)	24.20	BWP's P/E(ttm) is ranked higher than 70% of the 54 Companies in the Global Oil & Gas Midstream industry. ( Industry Median: 24.20 vs. BWP: 24.20 )	BWP' s 10-Year P/E(ttm) Range Min: 6.96   Max: 35.94 Current: 24.2 6.96 35.94
P/B	1.86	BWP's P/B is ranked higher than 74% of the 54 Companies in the Global Oil & Gas Midstream industry. ( Industry Median: 2.10 vs. BWP: 1.86 )	BWP' s 10-Year P/B Range Min: 0.86   Max: 2.99 Current: 1.86 0.86 2.99
P/S	6.34	BWP's P/S is ranked lower than 76% of the 54 Companies in the Global Oil & Gas Midstream industry. ( Industry Median: 1.87 vs. BWP: 6.34 )	BWP' s 10-Year P/S Range Min: 2.67   Max: 6.46 Current: 6.34 2.67 6.46
PFCF	22.29	BWP's PFCF is ranked higher than 83% of the 54 Companies in the Global Oil & Gas Midstream industry. ( Industry Median: 46.30 vs. BWP: 22.29 )	BWP' s 10-Year PFCF Range Min: 12.94   Max: 355.78 Current: 22.29 12.94 355.78
EV-to-EBIT	22.23	BWP's EV-to-EBIT is ranked higher than 50% of the 54 Companies in the Global Oil & Gas Midstream industry. ( Industry Median: 16.10 vs. BWP: 22.23 )	BWP' s 10-Year EV-to-EBIT Range Min: 13.4   Max: 31.7 Current: 22.23 13.4 31.7
PEG	4.75	BWP's PEG is ranked lower than 91% of the 54 Companies in the Global Oil & Gas Midstream industry. ( Industry Median: 2.55 vs. BWP: 4.75 )	BWP' s 10-Year PEG Range Min: 4.45   Max: 330.13 Current: 4.75 4.45 330.13
Shiller P/E	20.1	BWP's Shiller P/E is ranked higher than 57% of the 54 Companies in the Global Oil & Gas Midstream industry. ( Industry Median: 15.10 vs. BWP: 20.1 )	BWP' s 10-Year Shiller P/E Range Min: 14.99   Max: 20.13 Current: 20.1 14.99 20.13

Dividend & Buy Back

		vs industry	vs history
Dividend Yield	6.83	BWP's Dividend Yield is ranked higher than 83% of the 54 Companies in the Global Oil & Gas Midstream industry. ( Industry Median: 5.57 vs. BWP: 6.83 )	BWP' s 10-Year Dividend Yield Range Min: 1.95   Max: 12.05 Current: 6.83 1.95 12.05
Dividend Payout	2	BWP's Dividend Payout is ranked higher than 54% of the 54 Companies in the Global Oil & Gas Midstream industry. ( Industry Median: 1.16 vs. BWP: 2 )	BWP' s 10-Year Dividend Payout Range Min: 0.68   Max: 2.21 Current: 2 0.68 2.21
Dividend growth (3y)	2.2	BWP's Dividend growth (3y) is ranked higher than 59% of the 54 Companies in the Global Oil & Gas Midstream industry. ( Industry Median: 4.20 vs. BWP: 2.2 )	BWP' s 10-Year Dividend growth (3y) Range Min: 0   Max: 10.3 Current: 2.2 0 10.3
Yield on cost (5-Year)	8.16	BWP's Yield on cost (5-Year) is ranked higher than 81% of the 54 Companies in the Global Oil & Gas Midstream industry. ( Industry Median: 6.27 vs. BWP: 8.16 )	BWP' s 10-Year Yield on cost (5-Year) Range Min: 2.3   Max: 14.24 Current: 8.16 2.3 14.24
Share Buyback Rate	-3.9	BWP's Share Buyback Rate is ranked higher than 83% of the 54 Companies in the Global Oil & Gas Midstream industry. ( Industry Median: -7.95 vs. BWP: -3.9 )	BWP' s 10-Year Share Buyback Rate Range Min: 0   Max: -16 Current: -3.9

Valuation & Return

		vs industry	vs history
Price/Net Current Asset Value	93.1	BWP's Price/Net Current Asset Value is ranked higher than 89% of the 54 Companies in the Global Oil & Gas Midstream industry. ( Industry Median: 23.20 vs. BWP: 93.1 )	BWP' s 10-Year Price/Net Current Asset Value Range Min: 23.7   Max: 88.9 Current: 93.1 23.7 88.9
Price/Tangible Book	2	BWP's Price/Tangible Book is ranked lower than 85% of the 54 Companies in the Global Oil & Gas Midstream industry. ( Industry Median: 3.10 vs. BWP: 2 )	BWP' s 10-Year Price/Tangible Book Range Min: 0.9   Max: 2.8 Current: 2 0.9 2.8
Price/Median PS Value	1.2	BWP's Price/Median PS Value is ranked lower than 57% of the 54 Companies in the Global Oil & Gas Midstream industry. ( Industry Median: 1.10 vs. BWP: 1.2 )	BWP' s 10-Year Price/Median PS Value Range Min: 0.7   Max: 1.2 Current: 1.2 0.7 1.2
Price/Peter Lynch Fair Value	2	BWP's Price/Peter Lynch Fair Value is ranked lower than 83% of the 54 Companies in the Global Oil & Gas Midstream industry. ( Industry Median: 1.50 vs. BWP: 2 )	BWP' s 10-Year Price/Peter Lynch Fair Value Range Min: 1.5   Max: 1.5 Current: 2
Price/Graham Number	1.5	BWP's Price/Graham Number is ranked lower than 78% of the 54 Companies in the Global Oil & Gas Midstream industry. ( Industry Median: 2.05 vs. BWP: 1.5 )	BWP' s 10-Year Price/Graham Number Range Min: 0.6   Max: 1.6 Current: 1.5 0.6 1.6
Earnings Yield (Greenblatt)	4.50	BWP's Earnings Yield (Greenblatt) is ranked higher than 67% of the 54 Companies in the Global Oil & Gas Midstream industry. ( Industry Median: 5.15 vs. BWP: 4.50 )	BWP' s 10-Year Earnings Yield (Greenblatt) Range Min: 3.2   Max: 7.4 Current: 4.5 3.2 7.4
Forward Rate of Return (Yacktman)	-12.17	BWP's Forward Rate of Return (Yacktman) is ranked higher than 50% of the 54 Companies in the Global Oil & Gas Midstream industry. ( Industry Median: -2.87 vs. BWP: -12.17 )	BWP' s 10-Year Forward Rate of Return (Yacktman) Range Min: -30.3   Max: -15.1 Current: -12.17 -30.3 -15.1

Business Description

Boardwalk Pipeline Partner, LP is a Delaware limited partnership formed in 2005. The Company's business is conducted by its subsidiary, Boardwalk Pipelines, LP and its subsidiaries, Gulf Crossing Pipeline Company LLC, Gulf South Pipeline Company, LP and Texas Gas Transmission, LLC. The Company through its subsidiaries own and operate three interstate natural gas pipeline systems including integrated storage facilities. Its pipeline systems originate in the Gulf Coast region, Oklahoma and Arkansas and extend north and east to the Midwestern states of Tennessee, Kentucky, Illinois, Indiana and Ohio. It serves a mix of customers, including marketers, local distribution companies, producers, electric power generators, interstate and intrastate pipelines and direct industrial users. The Company provides a portion of its pipeline transportation and storage services through firm contracts under which its customers pay monthly capacity reservation charges. Other charges are based on actual utilization of the capacity under firm contracts and contracts for interruptible services. The Company's operating subsidiaries own and operate approximately 14,200 miles of interconnected pipelines, directly serving customers in twelve states and indirectly serving customers throughout the northeastern and southeastern United States through numerous interconnections with unaffiliated pipelines. The Company's transportation and storage rates and general terms and conditions of service are established by, and subject to review and revision by, the Federal Energy Regulatory Commission. The Company contracts with its customers to provide transportation services and storage services on a firm and interruptible basis. It also provides bundled firm transportation and storage services, known to as NNS and SNS. In addition, it also provides interruptible PAL services. The Company offers transportation services and customer's storage services on both a firm and interruptible basis. NNS and SNS consist of a combination of firm transportation and storage services that allow customers to withdraw gas from storage with little or no notice. Customers pay a reservation charge based upon the capacity reserved plus a commodity and a fuel charge based on the volume of gas actually transported. PAL is an interruptible service offered to customers providing them the ability to park or borrows gas into or out of its pipeline systems at a specific location for a specific period of time. The Company contracts directly with end-use customers and with marketers, producers and other third parties who provide transportation and storage services to end-users. It competes with other pipelines to maintain current business levels and to serve new demand and markets. The Company's operations are subject to extensive federal, state, and local laws and regulations relating to protection of the environment.
Company Website
SEC Reports

Industry:	Oil & Gas Midstream
Compare:	WES, ENB, ETE, KMP, SE
Traded in other countries:	B5P.Germany

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