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Boardwalk Pipeline Partners LP (Boardwalk Pipeline Partners LP) Net Cash per Share : $-15.52 (As of Dec. 2023)


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What is Boardwalk Pipeline Partners LP Net Cash per Share?

Net Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Boardwalk Pipeline Partners LP's Net Cash per Share for the quarter that ended in Dec. 2023 was $-15.52.

The historical rank and industry rank for Boardwalk Pipeline Partners LP's Net Cash per Share or its related term are showing as below:

BWP's Price-to-Net-Cash is not ranked *
in the Oil & Gas industry.
Industry Median: 5.6
* Ranked among companies with meaningful Price-to-Net-Cash only.

Boardwalk Pipeline Partners LP Net Cash per Share Historical Data

The historical data trend for Boardwalk Pipeline Partners LP's Net Cash 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 Net Cash per Share Chart

Boardwalk Pipeline Partners LP Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -16.30 -15.89 -15.27 -14.59 -15.52

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
Net Cash 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 -14.59 -13.70 -13.21 -14.55 -15.52

Competitive Comparison of Boardwalk Pipeline Partners LP's Net Cash per Share

For the Oil & Gas Midstream subindustry, Boardwalk Pipeline Partners LP's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash 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-Net-Cash Distribution in the Oil & Gas Industry

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

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



Boardwalk Pipeline Partners LP Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

Boardwalk Pipeline Partners LP's Net Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as

Net Cash per Share (A: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(20.1-3905.3-0)/250.3
=-15.52

Boardwalk Pipeline Partners LP's Net Cash per Share for the quarter that ended in Dec. 2023 is calculated as

Net Cash per Share (Q: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(20.1-3905.3-0)/250.297
=-15.52

* 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.


Boardwalk Pipeline Partners LP  (NYSE:BWP) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


Boardwalk Pipeline Partners LP Net Cash 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

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