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Boardwalk Pipeline Partners LP (Boardwalk Pipeline Partners LP) Tangible Book per Share : $22.19 (As of Dec. 2023)


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What is Boardwalk Pipeline Partners LP Tangible Book per Share?

Tangible book value per share is calculated as the total tangible equity divided by Shares Outstanding (EOP). Total tangible equity is calculated as the Total Stockholders Equity minus Preferred Stock minus Intangible Assets. Boardwalk Pipeline Partners LP's tangible book value per share for the quarter that ended in Dec. 2023 was $22.19.

Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.


Boardwalk Pipeline Partners LP Tangible Book per Share Historical Data

The historical data trend for Boardwalk Pipeline Partners LP's Tangible Book per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Boardwalk Pipeline Partners LP Tangible Book per Share Chart

Boardwalk Pipeline Partners LP Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.27 20.02 20.90 21.83 22.19

Boardwalk Pipeline Partners LP Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Tangible Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 21.83 22.31 22.63 22.91 22.19

Competitive Comparison of Boardwalk Pipeline Partners LP's Tangible Book per Share

For the Oil & Gas Midstream subindustry, Boardwalk Pipeline Partners LP's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Boardwalk Pipeline Partners LP's Price-to-Tangible-Book Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Boardwalk Pipeline Partners LP's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Boardwalk Pipeline Partners LP's Price-to-Tangible-Book falls into.



Boardwalk Pipeline Partners LP Tangible Book per Share Calculation

Boardwalk Pipeline Partners LP's Tangible Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(5791.1-0-237.4)/250.3
=22.19

Boardwalk Pipeline Partners LP's Tangible Book Value Per Share for the quarter that ended in Dec. 2023 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(5791.1-0-237.4)/250.297
=22.19

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Theoretically it is what the shareholders will receive if the company is liquidated. Total equity is a balance sheet item and equal to total assets less total liabilities of the company. Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.


Boardwalk Pipeline Partners LP  (NYSE:BWP) Tangible Book per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Boardwalk Pipeline Partners LP Tangible Book per Share Related Terms

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Boardwalk Pipeline Partners LP (Boardwalk Pipeline Partners LP) Business Description

Traded in Other Exchanges
N/A
Address
9 Greenway Plaza, Suite 2800, Houston, TX, USA, 77046
Boardwalk Pipeline Partners LP was formed to acquire and develop natural gas pipelines and storage facilities. The Company operates in only one reportable segment which is the operation of interstate natural gas and NGLs pipeline systems and integrated storage facilities. It serves producers of natural gas, local distribution companies (LDCs), marketers, electric power generators, industrial users and interstate, and intrastate pipelines.
Executives
Stanley C Horton director, officer: President 1400 SMITH STREET, HOUSTON TX 77002
John L Haynes officer: SVP, CCO & Pres, BWFS 9 GREENWAY PLAZA, SUITE 2800 HOUSTON TX 77046
Kenneth I Siegel director 667 MADISON AVENUE, NEW YORK NY 10065
Peter W Keegan director 667 MADISON AVE, NEW YORK NY 10065-8087
Thomas E Hyland director 1 GOVERNORS WAY KENNEBUNK ME 04043
Boardwalk Pipelines Holding Corp. director, 10 percent owner 3800 FREDERICA STREET OWENSBORO KY 42301
Andrew H Tisch director 667 MADISON AVE, NEW YORK NY 10021-8087
Arthur L Rebell director 667 MADISON AVE, NEW YORK NY 10065-8087
Michael E Mcmahon officer: Sr. Vice Pres & Gen. Counsel 20 EAST GREENWAY PLAZA SUITE 900 HOUSTON TX 77046
Brian Cody officer: Senior Vice President 20 EAST GREENWAY PLAZA SUITE 900 HOUSTON TX 77046
Earley John Charles Jr officer: Senior Vice President 20 EAST GREENWAY PLAZA SUITE 900 HOUSTON TX 77046
William R Cordes director 17237 HOWARD PLAZA, OMAHA NE 68118
Steven A Barkauskas officer: VP & Corporate Controller 3800 FREDERICA STREET OWENSBORO KY 42301
Mark L Shapiro director 141 STONE FENCE ROAD, BERNARDSVILLE NJ 07924
Rolf A Gafvert director, officer: Co-President 20 EAST GREENWAY PLAZA, SUITE 900, HOUSTON TX 77046