Boardwalk Pipeline Partners L.P. (BWP) Receiving Somewhat Favorable Media Coverage, Report Shows
News headlines about Boardwalk Pipeline Partners L.P. (NYSE:BWP) have been trending somewhat positive recently, according to Accern Sentiment. Accern identifies negative and positive press coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Boardwalk Pipeline Partners L.P. earned a media sentiment score of 0.13 on Accern’s scale. Accern also gave media coverage about the pipeline company an impact score of 45.1928002582142 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
These are some of the news stories that may have effected Accern’s scoring:
- Stocks worth Investment with best Profit Margins: Boardwalk Pipeline Partners, LP (NYSE:BWP), Matador Resources … – Investing News Update (investingbizz.com)
- Technical Reports on Oil & Gas Pipelines Equities – Williams Cos … – PR Newswire (press release) (prnewswire.com)
- Boardwalk, Southwestern restructure firm transportation service agreements – Seeking Alpha (seekingalpha.com)
- Southwestern Renegotiates Firm Transportation Service Agreements With Boardwalk (nasdaq.com)
- Southwestern Energy Successfully Renegotiates Fayetteville Firm Transportation Agreement (finance.yahoo.com)
Shares of Boardwalk Pipeline Partners L.P. (BWP) opened at 15.05 on Wednesday. Boardwalk Pipeline Partners L.P. has a 52-week low of $14.40 and a 52-week high of $18.95. The company’s 50-day moving average price is $14.85 and its 200-day moving average price is $16.95. The firm has a market cap of $3.77 billion, a PE ratio of 13.79 and a beta of 0.77.
Boardwalk Pipeline Partners L.P. (NYSE:BWP) last released its quarterly earnings results on Monday, July 31st. The pipeline company reported $0.28 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.29 by ($0.01). The company had revenue of $317.60 million during the quarter, compared to analyst estimates of $315.12 million. Boardwalk Pipeline Partners L.P. had a net margin of 20.78% and a return on equity of 7.14%. The firm’s quarterly revenue was up 3.7% compared to the same quarter last year. During the same quarter last year, the company earned $0.26 EPS. Equities analysts expect that Boardwalk Pipeline Partners L.P. will post $1.41 earnings per share for the current fiscal year.
BWP has been the subject of several research reports. ValuEngine cut shares of Boardwalk Pipeline Partners L.P. from a “buy” rating to a “hold” rating in a report on Friday, September 1st. BidaskClub raised shares of Boardwalk Pipeline Partners L.P. from a “hold” rating to a “buy” rating in a research report on Thursday, July 6th. Zacks Investment Research upgraded shares of Boardwalk Pipeline Partners L.P. from a “hold” rating to a “buy” rating and set a $20.00 price objective on the stock in a research note on Monday, July 3rd. Finally, Royal Bank Of Canada reiterated a “hold” rating and issued a $18.00 price objective on shares of Boardwalk Pipeline Partners L.P. in a research note on Wednesday, September 6th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $24.33.
About Boardwalk Pipeline Partners L.P.
Boardwalk Pipeline Partners, LP is a limited partnership company. The Company’s business includes integrated natural gas and natural gas liquids, and other hydrocarbons (referred to together as NGLs) pipeline and storage systems. The Company is engaged in the operation of interstate natural gas and NGLs pipeline systems, and integrated storage facilities, including interstate natural gas pipeline systems located in the Gulf Coast region, Oklahoma, Arkansas and the Midwestern states of Tennessee, Kentucky, Illinois, Indiana and Ohio, and its NGLs pipelines and storage facilities in Louisiana and Texas.
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