ADVFN - Advanced Financial Network.
HOME» NYSE » W » WPZ Stock Price » WPZ Stock News

Williams Partners Share News

 Williams Partners L.p. Stock Price
WPZ Stock Price
 Williams Partners L.p. Stock Chart
WPZ Stock Chart
 Williams Partners L.p. Stock News
WPZ Stock News
 Williams Partners L.p. Company Information
WPZ Company Information
 Williams Partners L.p. Stock Trades
WPZ Stock Trades

Williams Cos. Unveils 26 Million Share Offering To Fund Caiman Deal

DOW JONES NEWSWIRES Williams Cos. (WMB) said it plans to offer 26 million of its shares as part of an effort to help fund Williams Partners L.P.'s (WPZ) $2.5 billion acquisition of Caiman Eastern Midstream LLC. Williams Partners, which unveiled the acquisition plan earlier this month, is the midstream and interstate gas pipeline asset-holder of energy company Williams Cos. Williams Cos. said it intends to use the money raised from the stock offering to buy Williams Partners common units to help fund the deal. Williams Cos. has roughly 600 million shares outstanding. Williams Partners expects significant growth in gathering volumes and natural-gas liquids production from the Caiman assets. There are an estimated 300 trillion cubic feet of natural gas in place within a 35-mile radius of the existing gathering system there, and a significant amount remains undedicated, it has said. Williams had said it planned to make an investment in Williams Partners of approximately $1 billion to facilitate the Caiman deal. Last month, Williams Cos. said it swung to a fourth-quarter loss, mostly on write-downs related to its former exploration and production business, while Williams Partners's fourth-quarter earnings improved on strong margins on natural-gas liquids. Williams Cos. shares closed at $30.59 Thursday and were down 0.8% after hours. The stock is up 15% over the past three months. -By Ben Fox Rubin, Dow Jones Newswires; 212-416-3108;

Stock News for Williams Partners (WPZ)
10/19/201618:40:00Chesapeake Energy to Revise Wyoming Pact
10/19/201616:15:00JV Partners Crestwood Equity & Williams Partners Announce Agreement...
10/19/201608:00:00Williams Announces 2017 Annual Meeting Date
10/13/201620:32:00FERC's Route Evaluation of Williams Gas Project Suggests Potential...
10/13/201616:16:40Current Report Filing (8-k)
10/07/201608:00:00Williams, Williams Partners to Report Third-Quarter Financial...
10/06/201616:30:00Williams Announces Three Directors Volunteered to Not Stand for...
09/26/201608:00:00Williams Details Next Step in Board Refreshment Plan
09/23/201611:10:00Williams, Williams Partners Complete Sale of Canadian Assets...
09/13/201614:46:27Statement of Changes in Beneficial Ownership (4)
09/10/201603:02:00France's Total Expands in Texas -- WSJ
09/09/201614:50:00France's Total Buys Bigger Piece of Barnett Shale in Texas...
09/09/201614:46:00Correction to Total Barnett Shale Story
09/09/201604:20:00France's Total Takes Control of Barnett Shale in Texas
09/09/201604:09:00France's Total Takes Control of Barnett Shale in Texas -- Update
09/09/201603:02:00Pipeline-Deal Pursuit Ends -- WSJ
09/08/201619:46:00Enterprise Products Withdraws Its Interest in Williams -- 4th...
09/08/201618:42:00Enterprise Products Withdraws Its Interest in Williams -- 3rd...
09/08/201618:22:00Enterprise Products Withdraws Its Interest in Williams -- 2nd...
09/08/201617:37:00Enterprise Products Withdraws Its Interest in Williams -- Update

Williams Partners and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2016 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations