Top 10 Oil Stocks To Invest In 2015: Williams Partners L.P.(WPZ)
Williams Partners L.P. focuses on natural gas transportation, gathering, treating and processing, storage, natural gas liquid fractionation, and oil transportation activities in the United States. The company operates in two segments, Gas Pipeline, and Midstream Gas and Liquids. The Gas Pipeline segment owns and operates approximately 13,900 miles of pipelines with annual throughput of approximately 2,700 trillion British thermal units of natural gas and delivery capacity of approximately 13 million dekatherms of gas. This segment also owns interests in joint venture interstate and intrastate natural gas pipeline systems. The Midstream Gas and Liquids segment includes natural gas gathering, processing, and treating facilities; and crude oil gathering and transportation facilities that serve the producing basins in Colorado, New Mexico, Wyoming, the Gulf of Mexico, and Pennsylvania. Williams Partners GP LLC serves as the general partner of the company. Williams Partners L.P . was founded in 2005 and is based in Tulsa, Oklahoma.
Advisors' Opinion:- [By Adam Galas]
Williams Companies (NYSE: WMB ) has traversed a rocky road over the past year. Its MLP, Williams Partners (NYSE: WPZ ) , has faced quarter after quarter of declining revenue and has failed to cover its fast-growing distribution. It has also now missed earnings for four quarters in a row. Let's look at this most recent miss to see whether Williams Companies and its MLPs are still worth owning.
- [By Robert Rapier]
That's the neat trick Williams (NYSE: WMB) pulled off today in converting its equity investment in Access Midstream Partners (NYSE: ACMP) into full control that will allow it to use ACMP's surplus cash flow to offset the deficit at its fully sponsored Williams Partners (NYSE: WPZ) ! MLP, which is to be folded into Access. Williams shareholders get stepped up dividend growth and strategic control of valuable assets.
- [By Marc Bastow]
Natural gas energy giant Williams Partners (WPZ) raised its quarterly dividend 1% to 90.45 cents per share payable May 9 to shareholders of record May 2.
WPZ Dividend Yield: 7.01%
source from Top Stocks For 2015:http://www.topstocksblog.com/top-10-oil-stocks-to-invest-in-2015-2.html
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