Switch to:
Also traded in: Germany

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 4/10

vs
industry		 vs
history
Cash-to-Debt 0.05
WPZ's Cash-to-Debt is ranked higher than
54% of the 93 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 0.04 vs. WPZ: 0.05 )
Ranked among companies with meaningful Cash-to-Debt only.
WPZ' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01  Med: 0.03 Max: No Debt
Current: 0.05
0.01
No Debt
Equity-to-Asset 0.48
WPZ's Equity-to-Asset is ranked higher than
64% of the 107 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 0.42 vs. WPZ: 0.48 )
Ranked among companies with meaningful Equity-to-Asset only.
WPZ' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.42  Med: 0.56 Max: 0.92
Current: 0.48
0.42
0.92
Debt-to-Equity 0.75
WPZ's Debt-to-Equity is ranked higher than
61% of the 90 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 0.95 vs. WPZ: 0.75 )
Ranked among companies with meaningful Debt-to-Equity only.
WPZ' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03  Med: 0.71 Max: 0.87
Current: 0.75
0.03
0.87
Debt-to-EBITDA 4.71
WPZ's Debt-to-EBITDA is ranked lower than
56% of the 98 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 4.43 vs. WPZ: 4.71 )
Ranked among companies with meaningful Debt-to-EBITDA only.
WPZ' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.35  Med: 3.88 Max: 17.02
Current: 4.71
0.35
17.02
Interest Coverage 2.24
WPZ's Interest Coverage is ranked lower than
93% of the 105 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 4.51 vs. WPZ: 2.24 )
Ranked among companies with meaningful Interest Coverage only.
WPZ' s Interest Coverage Range Over the Past 10 Years
Min: 1.9  Med: 3.21 Max: 182.2
Current: 2.24
1.9
182.2
Piotroski F-Score: 7
Altman Z-Score: 1.16
Beneish M-Score: -2.36
WACC vs ROIC
10.54%
4.51%
WACC
ROIC
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 8/10

vs
industry		 vs
history
Operating Margin % 22.95
WPZ's Operating Margin % is ranked lower than
64% of the 108 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 21.95 vs. WPZ: 22.95 )
Ranked among companies with meaningful Operating Margin % only.
WPZ' s Operating Margin % Range Over the Past 10 Years
Min: 17.98  Med: 27.06 Max: 44.71
Current: 22.95
17.98
44.71
Net Margin % 35.34
WPZ's Net Margin % is ranked higher than
75% of the 108 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 10.85 vs. WPZ: 35.34 )
Ranked among companies with meaningful Net Margin % only.
WPZ' s Net Margin % Range Over the Past 10 Years
Min: -19.77  Med: 22.68 Max: 49.67
Current: 35.34
-19.77
49.67
ROE % 3.78
WPZ's ROE % is ranked lower than
73% of the 104 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 8.53 vs. WPZ: 3.78 )
Ranked among companies with meaningful ROE % only.
WPZ' s ROE % Range Over the Past 10 Years
Min: -8.53  Med: 4.66 Max: 15.7
Current: 3.78
-8.53
15.7
ROA % 6.08
WPZ's ROA % is ranked higher than
65% of the 113 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 4.17 vs. WPZ: 6.08 )
Ranked among companies with meaningful ROA % only.
WPZ' s ROA % Range Over the Past 10 Years
Min: -2.98  Med: 3.82 Max: 30.83
Current: 6.08
-2.98
30.83
ROC (Joel Greenblatt) % 6.49
WPZ's ROC (Joel Greenblatt) % is ranked lower than
64% of the 109 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 9.50 vs. WPZ: 6.49 )
Ranked among companies with meaningful ROC (Joel Greenblatt) % only.
WPZ' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -1.95  Med: 6.67 Max: 30.96
Current: 6.49
-1.95
30.96
3-Year Revenue Growth Rate -25.50
WPZ's 3-Year Revenue Growth Rate is ranked lower than
87% of the 98 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: -1.40 vs. WPZ: -25.50 )
Ranked among companies with meaningful 3-Year Revenue Growth Rate only.
WPZ' s 3-Year Revenue Growth Rate Range Over the Past 10 Years
Min: 0  Med: -19.65 Max: 84.7
Current: -25.5
0
84.7
3-Year EBITDA Growth Rate -23.80
WPZ's 3-Year EBITDA Growth Rate is ranked lower than
90% of the 89 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 4.00 vs. WPZ: -23.80 )
Ranked among companies with meaningful 3-Year EBITDA Growth Rate only.
WPZ' s 3-Year EBITDA Growth Rate Range Over the Past 10 Years
Min: 0  Med: -16 Max: 52.2
Current: -23.8
0
52.2
3-Year EPS without NRI Growth Rate -3.10
WPZ's 3-Year EPS without NRI Growth Rate is ranked lower than
61% of the 80 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 7.30 vs. WPZ: -3.10 )
Ranked among companies with meaningful 3-Year EPS without NRI Growth Rate only.
WPZ' s 3-Year EPS without NRI Growth Rate Range Over the Past 10 Years
Min: 0  Med: 0 Max: 33.8
Current: -3.1
0
33.8
GuruFocus has detected 4 Warning Signs with Williams Partners LP WPZ.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
» WPZ's 30-Y Financials

Financials (Next Earnings Date: 2018-05-03)


Revenue & Net Income
Cash & Debt
Operating Cash Flow & Free Cash Flow
Operating Cash Flow & Net Income
» WPZ's Warning Signs

Warning Signs

Subscribe to see Warning Signs. .

Start your free trial

» Details

Guru Trades
Q1 2017

WPZ Guru Trades in Q1 2017

David Tepper 9,966,502 sh (+5.05%)
Leon Cooperman 749,000 sh (+4.03%)
Jim Simons 266,034 sh (+0.23%)
First Eagle Investment 4,622 sh (unchged)
John Hussman 866 sh (unchged)
T Boone Pickens 251,742 sh (-28.54%)
» More
Q2 2017

WPZ Guru Trades in Q2 2017

Jim Simons 427,534 sh (+60.71%)
John Hussman 866 sh (unchged)
First Eagle Investment 4,622 sh (unchged)
Leon Cooperman Sold Out
T Boone Pickens 240,244 sh (-4.57%)
David Tepper 9,182,449 sh (-7.87%)
» More
Q3 2017

WPZ Guru Trades in Q3 2017

Jim Simons 801,734 sh (+87.53%)
T Boone Pickens 250,180 sh (+4.14%)
John Hussman 866 sh (unchged)
First Eagle Investment 4,622 sh (unchged)
David Tepper 7,436,701 sh (-19.01%)
» More
Q4 2017

WPZ Guru Trades in Q4 2017

T Boone Pickens 311,505 sh (+24.51%)
John Hussman 866 sh (unchged)
First Eagle Investment 4,622 sh (unchged)
David Tepper 3,716,117 sh (-50.03%)
Jim Simons 104,934 sh (-86.91%)
» More
» Details

Insider Trades

Financial Reports

Latest Guru Trades with WPZ

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
David Tepper 2017-12-31 Reduce -50.03%2.03%$35.02 - $39.9 $ 36.01-4%3,716,117
T Boone Pickens 2017-12-31 Add 24.51%0.86%$35.02 - $39.9 $ 36.01-4%311,505
David Tepper 2017-09-30 Reduce -19.01%1.04%$37.31 - $41.43 $ 36.01-9%7,436,701
T Boone Pickens 2017-09-30 Add 4.14%0.17%$37.31 - $41.43 $ 36.01-9%250,180
David Tepper 2017-06-30 Reduce -7.87%0.53%$36.82 - $41.95 $ 36.01-10%9,182,449
T Boone Pickens 2017-06-30 Reduce -4.57%0.22%$36.82 - $41.95 $ 36.01-10%240,244
Leon Cooperman 2017-06-30 Sold Out 1.23%$36.82 - $41.95 $ 36.01-10%0
Premium More recent guru trades are included for Premium Members only!!
Premium More recent guru trades are included for USA Subscribe Members only!!
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Business Description

Industry: Oil & Gas - Midstream » Oil & Gas Midstream    NAICS: 486210    SIC: 1389
Compare:NYSE:KMI, TSX:TRP, NYSE:MPLX, NYSE:OKE, MIC:TRNFP, NYSE:WMB, NYSE:ETP, TSX:ENB, NYSE:PAA, NYSE:SEP, NYSE:EPD, NYSE:ETE, TSX:PPL, AMEX:CQP, NYSE:MMP, AMEX:LNG, NYSE:TRGP, NYSE:ANDX, NYSE:ENBL, NYSE:WGP » details
Traded in other countries:C2S1.Germany,
Headquarter Location:USA
Williams Partners LP is an energy infrastructure company that owns the Transco and Northwest natural gas pipelines. The firm owns and operates midstream gathering and processing assets, and interstate natural gas pipelines. It also produces olefins.

Williams Partners is a large pipeline company that owns and operates the large Transco and Northwest pipeline systems and associated natural gas gathering and processing and storage assets. It also owns a 60% stake in Discovery, which owns offshore natural gas assets in the Gulf of Mexico. Williams Companies, a publicly traded C-Corporation, owns a 74% interest in Williams Partners. The partnership owns the underlying assets while the corporation holds the stake in the limited partnership.

Top Ranked Articles about Williams Partners LP

Report: Developing Opportunities within Yext, Ferro, Williams Partners LP, Teladoc, MSC Industrial Direct, and Newpark Resources — Future Expectations, Projections Moving into 2018
February 12, 2018
Read more...
T. Boone Pickens: A Man With a Plan Having just retired from the hedge fund business, the oil tycoon can look back on many successes
January 30, 2018
Read more...
T. Boone Pickens Shuts Down Hedge Fund: A Final Look at His Best Ideas T. Boone Pickens Shuts Down Hedge Fund because of health problems and underperformance. He was betting big on the resurgence of midstream
January 14, 2018
T. Boone Pickens, a oil trader and guru, is shutting his hedge-fund focused on energy. He revealed to the WSJ his health is declining and returns have not been great. This is only the last among a number of high profile (value) investors shutting funds. Richard Perry (Trades, Portfolio) shut down a fund after 26 years in 2016. Hugh Henry shut his fund in 2017. The move from passive towards active is taking a toll on value minded managers. Pickens built his entire and remarkable career on energy business & trading:

In 2006, Pickens earned $990 million from his equity in the two funds and $120 million from his share of the 20% fees applied to fund profits.[15] In 2007, Pickens earned $2.7 billion, as BP Capital Equity Fund grew by 24% after fees, and the then $590 million Capital Commodity fund grew 40%, thanks to, among others, large positions in the stocks of Suncor Energy, ExxonMobil and Occidental Petroleum.[16]
Pickens' most recent recognition comes from The Franklin Institute in Philadelphia. T. Boone Pickens received the 2009 Bower Award for Business Leadership for 50 years of visionary leadership in oil and other types of energy production, including domestic renewable energy, and for his philanthropic leadership contributing to education, medical research, and wildlife conservation. [17]

Pickens is known for his volatile returns and ability to make big bets. I've been looking at his portfolio for the past few years looking for great energy ideas to research. With that opportunity fleeting I wanted to research and highlight his current portfolio as tracked by GuruFocus:
Ticker
Company
Industry
Market Cap ($ Mil)
% Weighting as of 2017-09-30
EPD
Enterprise Products Partners LP
Oil & Gas - Midstream
62,196
4.54%
PSXP
Phillips 66 Partners LP
Oil & Gas - Midstream
6,675
4.28%
WPZ
Williams Partners LP
Oil & Gas - Midstream
41,787
4.20%
MPLX
MPLX LP
Oil & Gas - Midstream
15,688
3.40%
ETP
Energy Transfer Partners LP
Oil & Gas - Midstream
23,006
3.39%
BPL
Buckeye Partners LP
Oil & Gas - Midstream
7,872
3.09%
TRGP
Targa Resources Corp
Oil & Gas - Midstream
11,051
3.08%
WES
Western Gas Partners, LP
Oil & Gas - Midstream
8,880
2.77%
FANG
Diamondback Energy Inc
Oil & Gas - E&P
12,795
2.51%
RSPP
RSP Permian Inc
Oil & Gas - Drilling
6,685
2.42%
AA
Alcoa Corp
Metals & Mining
10,487
2.36%
PTEN
Patterson-UTI Energy Inc
Oil & Gas - Drilling
5,497
2.35%
MMP
Magellan Midstream Partners LP
Oil & Gas - Midstream
16,997
2.33%
PUMP
ProPetro Holding Corp
Oil & Gas - Services
1,747
2.24%
HAL
Halliburton Co
Oil & Gas - Services
46,349
2.19%
EOG
EOG Resources Inc
Oil & Gas - E&P
67,068
2.13%
WPX
WPX Energy Inc
Oil & Gas - E&P
6,004
2.12%
HUN
Huntsman Corp
Chemicals
8,247
2.04%
PE
Parsley Energy Inc
Oil & Gas - E&P
9,042
1.99%
APC
Anadarko Petroleum Corp
Oil & Gas - E&P
32,217
1.98%
If we look at his current portfolio the big bet isn't immediately obvious. If you look through the names among his top 20 positions you will find in excess of 30% of his portfolio is actually invested in midstream aka pipeline companies.
Enterprise Product Partners (NYSE:EPD) is his largest position. This is a company with an extremely valuable network of midstream assets in oil & gas. Natural gas is very important to the firm. In addition it has a really terrific management team who own quite a bit of equity in the operation. There's a good reason for it being undervalued as it recently lowered its guidance for forward distributions. These midstream firms are often bought as yield plays and income investors tend to react poorly to distribution cuts.
Pipelines in general are terrific assets because they hold a competitive cost advantage over other forms of transportation. Even transport by rail is signficantly more expensive. Generally a competitor won't build another pipeline to serve the exact same route as that's very expensive but there's isn't always enough demand to support both pipelines. If demand grows the original pipeline can usually be expanded at lower cost. Anyone who ever turns on business radio is aware of the difficulties and cost of building a pipeline. The NIMBY attitude is strong and it is generally fought tooth and nail. Usually customers are locked into very long term contracts up to two decades which prevents them from switching to a competitor even IF a competing pipeline got built.
From a historical perspective the pipelines still look rather cheap and perhaps Pickens is closing his fund prematurely. Ironically, fund closings
Ideas that look particularly attractive to me include Enterprise Product Partners (NYSE:EPD), Williams Partners (NYSE:WPZ) and Energy Transfer Partners (NYSE:ETP) because of their attractive high value asset base, great management teams and low valuations.
Disclosure: Author is long WPZ. Read more...
Recent Analysis Shows Yext, Knowles, Williams Partners LP, Fidelity and Guaranty Life, MSC Industrial Direct, and Newpark Resources Market Influences -- Renewed Outlook, Key Drivers of Growth
November 22, 2017
Read more...

Ratios

vs
industry		 vs
history
PE Ratio 39.13
WPZ's PE Ratio is ranked lower than
82% of the 94 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 9999.00 vs. WPZ: 39.13 )
Ranked among companies with meaningful PE Ratio only.
WPZ' s PE Ratio Range Over the Past 10 Years
Min: 16.09  Med: 34.31 Max: 266.23
Current: 39.13
16.09
266.23
Forward PE Ratio 22.17
WPZ's Forward PE Ratio is ranked lower than
63% of the 70 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 18.12 vs. WPZ: 22.17 )
Ranked among companies with meaningful Forward PE Ratio only.
N/A
PE Ratio without NRI 39.13
WPZ's PE Ratio without NRI is ranked lower than
81% of the 91 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 19.54 vs. WPZ: 39.13 )
Ranked among companies with meaningful PE Ratio without NRI only.
WPZ' s PE Ratio without NRI Range Over the Past 10 Years
Min: 16.09  Med: 34.31 Max: 266.23
Current: 39.13
16.09
266.23
Price-to-Owner-Earnings 17.60
WPZ's Price-to-Owner-Earnings is ranked higher than
53% of the 47 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 18.40 vs. WPZ: 17.60 )
Ranked among companies with meaningful Price-to-Owner-Earnings only.
WPZ' s Price-to-Owner-Earnings Range Over the Past 10 Years
Min: 5.81  Med: 14.98 Max: 235.53
Current: 17.6
5.81
235.53
PB Ratio 1.59
WPZ's PB Ratio is ranked higher than
52% of the 105 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 1.74 vs. WPZ: 1.59 )
Ranked among companies with meaningful PB Ratio only.
WPZ' s PB Ratio Range Over the Past 10 Years
Min: 0.37  Med: 1.65 Max: 3.37
Current: 1.59
0.37
3.37
PS Ratio 4.25
WPZ's PS Ratio is ranked lower than
73% of the 105 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 2.30 vs. WPZ: 4.25 )
Ranked among companies with meaningful PS Ratio only.
WPZ' s PS Ratio Range Over the Past 10 Years
Min: 1.09  Med: 3.8 Max: 13.17
Current: 4.25
1.09
13.17
Price-to-Free-Cash-Flow 79.50
WPZ's Price-to-Free-Cash-Flow is ranked lower than
92% of the 60 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 14.52 vs. WPZ: 79.50 )
Ranked among companies with meaningful Price-to-Free-Cash-Flow only.
WPZ' s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 10.21  Med: 39.79 Max: 274.13
Current: 79.5
10.21
274.13
Price-to-Operating-Cash-Flow 12.03
WPZ's Price-to-Operating-Cash-Flow is ranked lower than
84% of the 94 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 7.92 vs. WPZ: 12.03 )
Ranked among companies with meaningful Price-to-Operating-Cash-Flow only.
WPZ' s Price-to-Operating-Cash-Flow Range Over the Past 10 Years
Min: 2.97  Med: 8.08 Max: 23.07
Current: 12.03
2.97
23.07
EV-to-EBIT 29.13
WPZ's EV-to-EBIT is ranked lower than
80% of the 96 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 18.53 vs. WPZ: 29.13 )
Ranked among companies with meaningful EV-to-EBIT only.
WPZ' s EV-to-EBIT Range Over the Past 10 Years
Min: -93.9  Med: 22.5 Max: 38.9
Current: 29.13
-93.9
38.9
EV-to-EBITDA 14.98
WPZ's EV-to-EBITDA is ranked lower than
69% of the 103 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 12.84 vs. WPZ: 14.98 )
Ranked among companies with meaningful EV-to-EBITDA only.
WPZ' s EV-to-EBITDA Range Over the Past 10 Years
Min: 5.9  Med: 14.1 Max: 60.2
Current: 14.98
5.9
60.2
EV-to-Revenue 6.51
WPZ's EV-to-Revenue is ranked lower than
67% of the 107 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 4.87 vs. WPZ: 6.51 )
Ranked among companies with meaningful EV-to-Revenue only.
WPZ' s EV-to-Revenue Range Over the Past 10 Years
Min: 2  Med: 6.9 Max: 15.7
Current: 6.51
2
15.7
Current Ratio 0.87
WPZ's Current Ratio is ranked lower than
66% of the 108 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 1.00 vs. WPZ: 0.87 )
Ranked among companies with meaningful Current Ratio only.
WPZ' s Current Ratio Range Over the Past 10 Years
Min: 0.48  Med: 0.79 Max: 1.42
Current: 0.87
0.48
1.42
Quick Ratio 0.83
WPZ's Quick Ratio is ranked lower than
59% of the 108 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 0.93 vs. WPZ: 0.83 )
Ranked among companies with meaningful Quick Ratio only.
WPZ' s Quick Ratio Range Over the Past 10 Years
Min: 0.47  Med: 0.79 Max: 1.42
Current: 0.83
0.47
1.42
Days Inventory 13.10
WPZ's Days Inventory is ranked higher than
54% of the 80 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 13.28 vs. WPZ: 13.10 )
Ranked among companies with meaningful Days Inventory only.
WPZ' s Days Inventory Range Over the Past 10 Years
Min: 9.82  Med: 13.31 Max: 19.19
Current: 13.1
9.82
19.19
Days Sales Outstanding 44.70
WPZ's Days Sales Outstanding is ranked lower than
75% of the 96 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 34.27 vs. WPZ: 44.70 )
Ranked among companies with meaningful Days Sales Outstanding only.
WPZ' s Days Sales Outstanding Range Over the Past 10 Years
Min: 11.88  Med: 51.83 Max: 166.62
Current: 44.7
11.88
166.62
Days Payable 90.45
WPZ's Days Payable is ranked higher than
72% of the 76 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 48.11 vs. WPZ: 90.45 )
Ranked among companies with meaningful Days Payable only.
WPZ' s Days Payable Range Over the Past 10 Years
Min: 3.33  Med: 79.05 Max: 737.19
Current: 90.45
3.33
737.19

Dividend & Buy Back

vs
industry		 vs
history
Dividend Yield % 6.66
WPZ's Dividend Yield % is ranked lower than
95% of the 116 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 8.48 vs. WPZ: 6.66 )
Ranked among companies with meaningful Dividend Yield % only.
WPZ' s Dividend Yield % Range Over the Past 10 Years
Min: 0.75  Med: 5 Max: 24.2
Current: 6.66
0.75
24.2
Dividend Payout Ratio 2.94
WPZ's Dividend Payout Ratio is ranked lower than
86% of the 120 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 1.00 vs. WPZ: 2.94 )
Ranked among companies with meaningful Dividend Payout Ratio only.
WPZ' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.28  Med: 1.3 Max: 2.94
Current: 2.94
0.28
2.94
3-Year Dividend Growth Rate 6.30
WPZ's 3-Year Dividend Growth Rate is ranked lower than
58% of the 67 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 7.80 vs. WPZ: 6.30 )
Ranked among companies with meaningful 3-Year Dividend Growth Rate only.
WPZ' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 0  Med: 12.15 Max: 107.6
Current: 6.3
0
107.6
Forward Dividend Yield % 6.86
WPZ's Forward Dividend Yield % is ranked lower than
99.99% of the 121 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 8.78 vs. WPZ: 6.86 )
Ranked among companies with meaningful Forward Dividend Yield % only.
N/A
5-Year Yield-on-Cost % 13.57
WPZ's 5-Year Yield-on-Cost % is ranked higher than
63% of the 121 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 13.08 vs. WPZ: 13.57 )
Ranked among companies with meaningful 5-Year Yield-on-Cost % only.
WPZ' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.53  Med: 10.19 Max: 49.31
Current: 13.57
1.53
49.31
3-Year Average Share Buyback Ratio -62.10
WPZ's 3-Year Average Share Buyback Ratio is ranked lower than
95% of the 81 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: -8.90 vs. WPZ: -62.10 )
Ranked among companies with meaningful 3-Year Average Share Buyback Ratio only.
WPZ' s 3-Year Average Share Buyback Ratio Range Over the Past 10 Years
Min: -62.1  Med: -14.3 Max: 0
Current: -62.1
-62.1
0

Valuation & Return

vs
industry		 vs
history
Price-to-Tangible-Book 2.65
WPZ's Price-to-Tangible-Book is ranked lower than
56% of the 94 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 2.29 vs. WPZ: 2.65 )
Ranked among companies with meaningful Price-to-Tangible-Book only.
WPZ' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.29  Med: 1.88 Max: 3.04
Current: 2.65
1.29
3.04
Price-to-Intrinsic-Value-Projected-FCF 2.76
WPZ's Price-to-Intrinsic-Value-Projected-FCF is ranked lower than
71% of the 49 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 1.84 vs. WPZ: 2.76 )
Ranked among companies with meaningful Price-to-Intrinsic-Value-Projected-FCF only.
WPZ' s Price-to-Intrinsic-Value-Projected-FCF Range Over the Past 10 Years
Min: 1.64  Med: 2.4 Max: 2.97
Current: 2.76
1.64
2.97
Price-to-Median-PS-Value 1.12
WPZ's Price-to-Median-PS-Value is ranked lower than
71% of the 94 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 0.94 vs. WPZ: 1.12 )
Ranked among companies with meaningful Price-to-Median-PS-Value only.
WPZ' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.43  Med: 1 Max: 2.27
Current: 1.12
0.43
2.27
Price-to-Graham-Number 2.15
WPZ's Price-to-Graham-Number is ranked lower than
71% of the 69 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 1.72 vs. WPZ: 2.15 )
Ranked among companies with meaningful Price-to-Graham-Number only.
WPZ' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 1.3  Med: 1.75 Max: 2.34
Current: 2.15
1.3
2.34
Earnings Yield (Greenblatt) % 3.45
WPZ's Earnings Yield (Greenblatt) % is ranked lower than
69% of the 111 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 4.95 vs. WPZ: 3.45 )
Ranked among companies with meaningful Earnings Yield (Greenblatt) % only.
WPZ' s Earnings Yield (Greenblatt) % Range Over the Past 10 Years
Min: -2.5  Med: 4.2 Max: 11.2
Current: 3.45
-2.5
11.2
Forward Rate of Return (Yacktman) % -15.98
WPZ's Forward Rate of Return (Yacktman) % is ranked lower than
72% of the 57 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 2.64 vs. WPZ: -15.98 )
Ranked among companies with meaningful Forward Rate of Return (Yacktman) % only.
WPZ' s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: -16.4  Med: -1.8 Max: 13.5
Current: -15.98
-16.4
13.5

More Statistics

Revenue (TTM) (Mil) $8,010.00
EPS (TTM) $ 0.92
Beta1.74
Volatility18.75%
52-Week Range $32.74 - 44.06
Shares Outstanding (Mil)975.65

Analyst Estimate

Dec18 Dec19 Dec20
Revenue (Mil $) 8,393 8,838 9,513
EBIT (Mil $) 2,542 2,876 3,342
EBITDA (Mil $) 4,563 5,009 5,202
EPS ($) 1.66 1.99 2.03
EPS without NRI ($) 1.66 1.99 2.03
EPS Growth Rate
(Future 3Y To 5Y Estimate)		 6.86%
Dividends per Share ($) 2.55 2.70 2.77

Piotroski F-Score Details

Piotroski F-Score: 77
Positive ROAY
Positive CFROAY
Higher ROA yoyY
CFROA > ROAY
Lower Leverage yoyY
Higher Current Ratio yoyY
Less Shares Outstanding yoyN
Higher Gross Margin yoyN
Higher Asset Turnover yoyY

» More Articles for WPZ

Headlines

Articles On GuruFocus.com
Report: Developing Opportunities within Yext, Ferro, Williams Partners LP, Teladoc, MSC Industrial D Feb 12 2018 
T. Boone Pickens: A Man With a Plan Jan 30 2018 
T. Boone Pickens Shuts Down Hedge Fund: A Final Look at His Best Ideas Jan 14 2018 
Recent Analysis Shows Yext, Knowles, Williams Partners LP, Fidelity and Guaranty Life, MSC Industria Nov 22 2017 
Some of the Best-Performing Stocks Feb 08 2017 
T Boone Pickens Expands His Oil Empire Aug 17 2016 
David Tepper Raises Bet on Allergan and Adds 2 New Positions in Latest Quarter Aug 15 2016 
Hold Off Going Long MLPs With Tepper Jun 06 2016 
Classic 60/40 Portfolio Ready for the House of Pain Jun 01 2016 
Federman & Sherwood Announces Filing of Securities Class Action Lawsuit Against Williams Partners L. Mar 10 2016 

Personalized Checklist

Checklist has been moved to "Checklist" tab.

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GF Chat

{{numOfNotice}}