Boardwalk Pipeline Partners LP
BWP:NYSE
| Last | Change / % Change | Dividend Yield | Volume |
| 26.92 | 0.17 0.64% | 7.91% | 1,726,566 |
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Latest News Headlines for Boardwalk Pipeline Partners LP
Boardwalk Pipeline Partners Set to Possibly Rebound After Yesterday's Selloff of 4.60%
Boardwalk Pipeline Partners (NYSE:BWP) traded in a range yesterday that spanned from a low of $26.65 to a high of $26.89. Yesterday, the shares fell 4.6%, which took the trading range below the 3-day low of $27.40 on volume of 9.1 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean revision.
Shares of Boardwalk Pipeline Partners Are Moving Lower on 17.4x Above-Average Volume (BWP)
Boardwalk Pipeline Partners's stock is down 4.3% to $26.85 on heavy trading volume. About 7.2 million shares have been traded today, as compared to the 30-day average volume of 416,000 shares. Unusually high volume can signify a potential turning point or validate a breakout.
Boardwalk Pipeline Partners Makes a Move: Down 4.3%
View more recent headlinesOne of today's notable stocks in decline is Boardwalk Pipeline Partners (NYSE:BWP), down 4.3% to $26.85. The Dow Jones Industrial Average is now trading 0.6% higher to 13,571 and the S&P; is trading 0.6% higher to 1,459.
Company Background
Boardwalk Pipeline Partners, LP is a limited partnership company. The Company owns and operates three interstate natural gas pipeline systems including integrated storage facilities. Its business is conducted by its primary subsidiary, Boardwalk Pipelines, LP (Boardwalk Pipelines) and its subsidiaries, Gulf Crossing Pipeline Company LLC (Gulf Crossing), Gulf South Pipeline Company, LP (Gulf South) and Texas Gas Transmission, LLC (Texas Gas) (together, the operating subsidiaries), which consist of integrated natural gas pipeline and storage systems. During the year ended December 31, 2011, it formed Boardwalk Midstream, LP (Midstream), and its operating subsidiary, Boardwalk Field Services, LLC (Field Services), which is engaged in the natural gas gathering and processing business. In December 2011, it acquired a 20% interest in HP Storage.
Bid/Size -- / -- | Ask/Size -- / -- |
Price Open 26.93 | Previous Close 26.75 |
Day High 27.00 | Day Low 26.80 |
52wk High/Date 29.43 / 1/5/2012 | 52wk Low/Date 24.41 / 10/6/2011 |
Beta (5 Yr) 0.2 | Market Capitalization 5.6B |
Shares Outstanding 207.8M | Volatility Avg 19.15 |
Avg Vol(10 day) 1.4M | P/E Ratio 22.2x |
EPS(TTM) 1.21 | Yield 7.91% |
Dividend Announcement 7/30/2012 | Ex-Date 8/7/2012 |
Payable 0.5325 - QRTR | Payable Date 8/16/2012 |
Date of Record 8/9/2012 | |
Last Trade as of 10/5/2012 4:04 PM ET | |
BWP Boardwalk Pipeline Partners LP vs. Peers
| Peers | |
|---|---|
BWP Boardwalk Pipeline Partners LP | -2.71% |
Kinder Morgan Inc | 12.03% |
Southwest Gas Corporation | 3.55% |
Duke Energy Corp | -1.55% |
PG&E; Corporation | 3.52% |
BWP Boardwalk Pipeline Partners LP | 7.91% |
Kinder Morgan Inc | 3.88% |
Southwest Gas Corporation | 2.68% |
Duke Energy Corp | 4.71% |
PG&E; Corporation | 4.27% |
BWP Boardwalk Pipeline Partners LP | 0.64% |
Kinder Morgan Inc | -0.58% |
Southwest Gas Corporation | -0.18% |
Duke Energy Corp | -0.63% |
PG&E; Corporation | -0.44% |