Morgan Keegan Rates Boardwalk Pipeline Partners Outperform

Morgan Keegan upgraded Boardwalk Pipeline Partners (NYSE:BWP) to Outperform today, citing its valuation as a reason.  Following is some data on the company’s valuation, along with that of some of its competitors.

  • Boardwalk Pipeline Partners (NYSE:BWP): The shares recently traded at $26.05, up $0.83, or 3.29%, on the day.  The shares have traded in a 52-week range of $23.54 to $34.23 and its market capitalization is $5.17 billion.  The company pays a dividend of $2.10 per share, for a yield of 8.4%.   About the company: Boardwalk Pipeline Partners, LP transports, gathers, and stores natural gas.  The Company owns and operates interstate pipeline systems that either serve customers directly or indirectly throughout the northeastern and southeastern United States.
  • Spectra Energy Partners (NYSE:SEP): The shares recently traded at $29.78, up $0.01, or 0.03%, on the day.  The shares have traded in a 52-week range of $25.53 to $36.05 and its market capitalization is $2.87 billion.  The company pays a dividend of $1.86 per share, for a yield of 6.3%. About the company: Spectra Energy Partners LP owns and operates natural gas transportation and storage assets.  The Company owns interstate natural gas pipeline systems located in the southeastern United States and natural gas storage facilities in Texas and Louisiana.
  • Atlas Pipeline Partners (NYSE:APL): The shares recently traded at $31.36, up $0.60, or 1.95%, on the day.  The shares have traded in a 52-week range of $18.53 to $37.90 and its market capitalization is $1.68 billion.  The shares pay a dividend of $1.88 per share for a yield of 6.3%.  About the company: Atlas Pipeline Partners, LP provides natural gas gathering services in the Anadarko and Permian Basins located in the southwestern and mid-continent United States and the Appalachian Basin in the eastern United States.  The Company also provides natural gas processing and treating services in Oklahoma and Texas
  • Energy Transfer Partners (NYSE:ETP): The shares recently traded at $41.20, down $0.02, or 0.05%, on the day.  The shares have traded in a 52-week range of $38.08 to $55.50 and its market capitalization is $8.62 billion.  The shares pay a dividend of $3.58 per share for a yield of 8.7%.   About the company: Energy Transfer Partners LP owns and operates a diversified portfolio of energy assets.  The Company’s operations include natural gas gathering and transportation pipelines, with natural gas treating and processing assets located in Texas, Oklahoma, and Louisiana.  Energy Transfer markets propane from retail locations in various states across the United States.
  • El Paso Pipeline Partners (NYSE:EPB): The shares recently traded at $36.90, up $0.78, or 2.15%, on the day.  The shares have traded in a 52-week range of $31.34 to $38.36 and its market capitalization is $7.64 billion.  The company pays a dividend of $1.92 per share for a yield of 5.4%.  About the company: El Paso Pipeline Partners, LP owns and operates natural gas transportation pipelines, storage and other midstream assets.

(Note: Selected financial data are sourced from Yahoo! Finance.  All data are assumed to be accurate.)

Advantage: Check out our interactive stock charts, fundamentals, Twitter stream, and more >>

Improve Your 2011 Financial Health: Join the winning team of stock pickers with Wall St. Cheat Sheet’s acclaimed premium newsletter>>