Boardwalk Pipeline Partners

Boardwalk Pipeline Partners, LP (NYSE: BWP) is a midstream master limited partnership that provides transportation, storage, gathering and processing of natural gas and liquids for our customers. Through our subsidiaries, we operate approximately 14,525 miles of natural gas and liquids pipelines and underground storage caverns with an aggregate working gas capacity of approximately 208 billion cubic feet (Bcf) and liquids capacity of approximately 24 million barrels. We are committed to operating our assets in a safe, reliable and compliant manner and providing the highest level of customer service.

Company Growth (employees)
Type
Public
HQ
Houston, US
Founded
2005
Size (employees)
1,280 (est)
Website
bwpmlp.com
Boardwalk Pipeline Partners was founded in 2005 and is headquartered in Houston, US

Boardwalk Pipeline Partners Office Locations

Boardwalk Pipeline Partners has an office in Houston
Houston, US (HQ)
2800 9 Greenway Plaza

Boardwalk Pipeline Partners Data and Metrics

Boardwalk Pipeline Partners Financial Metrics

Boardwalk Pipeline Partners's revenue was reported to be $367 m in Q1, 2017
USD

Revenue (Q1, 2017)

367 m

Net income (Q1, 2017)

119.3 m

EBIT (Q1, 2017)

164.8 m

Market capitalization (18-Aug-2017)

3.7 b

Cash (31-Mar-2017)

28.7 m
Boardwalk Pipeline Partners's current market capitalization is $3.7 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

1.2 b1.2 b1.2 b1.3 b

Revenue growth, %

2%1%5%

Gross profit

1.1 b

Gross profit Margin, %

90%

General and administrative expense

142.2 m

Operating expense total

791.1 m835.7 m853.4 m829.7 m

EBIT

415.7 m484.6 m395.8 m477.5 m

EBIT margin, %

34%39%32%37%

Interest expense

163.4 m165.5 m176.4 m182.8 m

Interest income

(500 k)(600 k)(400 k)(400 k)

Pre tax profit

250.7 m147.2 m222.5 m302.8 m

Income tax expense

500 k400 k500 k600 k

Net Income

250.2 m146.8 m222 m302.2 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

293.4 m278.9 m329.7 m298.6 m294.1 m345 m306.3 m303.3 m367 m

General and administrative expense

30.5 m31.8 m30.6 m31.8 m31.7 m34.7 m35.5 m34.4 m34.6 m

Operating expense total

30.5 m31.8 m30.6 m31.8 m31.7 m34.7 m35.5 m34.4 m34.6 m

EBIT

96.5 m68.5 m122.8 m85.9 m80.7 m141.6 m109.3 m93.7 m164.8 m

EBIT margin, %

33%25%37%29%27%41%36%31%45%

Interest expense

40.2 m40 m45.2 m45.9 m43.1 m42.6 m45.4 m48.4 m46.2 m

Interest income

(200 k)(100 k)(100 k)(100 k)(100 k)(100 k)(100 k)(100 k)(100 k)

Pre tax profit

56 m28.5 m77.9 m40.5 m38.4 m101.2 m65.9 m47.3 m119.5 m

Income tax expense

100 k100 k200 k100 k100 k200 k200 k200 k

Net Income

55.9 m28.4 m77.7 m40.4 m38.3 m101 m65.7 m47.3 m119.3 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

28.5 m6.6 m3.1 m4.6 m

Current Assets

177.1 m149.6 m169.8 m174.2 m

PP&E

7.2 b7.6 b7.7 b8 b

Goodwill

215.5 m237.4 m237.4 m237.4 m

Total Assets

7.9 b8.2 b8.3 b8.6 b

Accounts Payable

458.7 m

Current Liabilities

236 m220.2 m314.4 m332.9 m

Total Equity

4.1 b4.1 b

Financial Leverage

1.9 x2 x
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

43.3 m6.2 m28.8 m19.3 m5.4 m9.3 m161.8 m111.4 m28.7 m

Current Assets

175.6 m138.5 m192.1 m162.1 m145.2 m164.9 m316.6 m272.3 m191.7 m

PP&E

7.3 b7.3 b7.6 b7.6 b7.6 b7.7 b7.8 b7.9 b8 b

Goodwill

215.5 m215.5 m237.4 m237.4 m237.4 m237.4 m237.4 m237.4 m237.4 m

Total Assets

7.9 b7.9 b8.2 b8.2 b8.2 b8.3 b8.6 b8.6 b8.7 b

Accounts Payable

49.9 m53.7 m103.2 m93.8 m91 m59.6 m105.6 m95.6 m82.8 m

Current Liabilities

221.2 m239.3 m200.8 m239.2 m275 m243.8 m309.1 m331.3 m260.4 m

Total Equity

4.1 b4.1 b

Financial Leverage

1.9 x1.9 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

250.2 m146.8 m222 m302.2 m

Depreciation and Amortization

271.6 m288.7 m323.7 m317.8 m

Cash From Operating Activities

534.3 m513.6 m576.4 m600.8 m

Capital Expenditures

(294.8 m)(404.4 m)(374.5 m)(590.4 m)

Cash From Investing Activities

(309.4 m)(699.2 m)(367.5 m)(590.2 m)

Cash From Financing Activities

(200.3 m)163.7 m(212.4 m)(9.1 m)

Free Cash Flow

829.1 m918 m950.9 m10.4 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

55.9 m28.4 m77.7 m40.4 m38.3 m101 m65.7 m47.3 m119.3 m

Depreciation and Amortization

69.6 m72.2 m81.6 m81 m79.8 m79 m79.1 m80.6 m80.6 m
USDY, 2017

Revenue/Employee

286.7 k

Boardwalk Pipeline Partners Market Value History

Traffic Overview of Boardwalk Pipeline Partners

Boardwalk Pipeline Partners Company Life and Culture

You may also be interested in