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Stock Market & Financial Investment News

News Breaks
December 19, 2012
17:17 EDTWPZWilliams Partners seeks FERC approval to expand natural gas service
Williams Partners L.P. announced that its Transco pipeline has filed an application with the Federal Energy Regulatory Commission to provide 270,000 dekatherms per day of incremental, year-round firm natural gas transportation capacity to serve markets in Virginia and North Carolina. The Virginia Southside Expansion is targeted to be placed into service by September 2015. It is designed to provide 20,000 dekatherms per day of natural gas transportation capacity to Piedmont Natural Gas Company and 250,000 dekatherms per day of natural gas transportation capacity to Dominion Virginia Power. The capital cost of the project is estimated to be $298M.
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May 16, 2013
13:12 EDTWPZWilliams Partners to host analyst day
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May 7, 2013
16:09 EDTWPZWilliams Partners cuts cash distribution guidance
Williams Partners is lowering its 2013-14 guidance for earnings and distributable cash flow primarily to reflect expected lower NGL processing margins due to higher natural gas price and lower NGL price assumptions and related lower ethane transportation volumes. As a result of the expected lower distributable cash flow for 2013 and 2014, Williams Partners is updating guidance for cash distributions per limited partner unit to reflect an annual growth rate of 8%-9% for 2013 and 6%-8% for 2014. Williams Partners is introducing cash distribution growth guidance for 2015 at 6%-8%.
16:07 EDTWPZWilliams Partners reports Q1 EPS 50c, consensus 50c
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15:34 EDTWPZNotable companies reporting after market close
Notable companies reporting after the market close, with earnings consensus, include The Walt Disney Company (DIS), consensus 76c; Mondelez International (MDLZ), consensus 34c; Williams Companies (WMB), consensus 24c; McKesson (MCK), consensus $2.30; Marathon Oil (MRO), consensus 72c; Williams Partners (WPZ), consensus 50c; Symantec (SYMC), consensus 38c; Whole Foods Market(WFM), consensus 73c; CA Technologies (CA), consensus 55c; TripAdvisor (TRIP), consensus 46c; Electronic Arts (EA), consensus 58c.

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