El Paso Pipeline Partners Updates

El Paso Pipeline Partners, L.P. (NYSE:EPB). Last Market Price: 33.88, Change: -4.13, % Change: (-10.87%). Shares trade in the range of 33.30 – 36.30 dollars. It has a market capitalization of 7.91B dollars, making it a Mid Cap Stock and has 233.42M outstanding shares. The company has a beta of 0.28, indicating, the stock to be less volatile than the market. As per the most recent quarterly report, the net income per share (EPS) is 1.98; P/E of 17.15. It operates in Utilities sector and belongs to Natural Gas Utilities industry. Percentage shares held by institutional investors is 33%. The company has a 52 week high of $ 38.36 and a 52 week low of $ 31.34. Average volumes of shares traded daily are 532,026. Volume traded in the last session was at 2,810,000, 5.28 times the average volume.

Kinder Morgan (KMI) and El Paso (EP) announced a definitive agreement whereby KMI will acquire all of the outstanding shares of EP in a transaction that will create the largest midstream and the fourth largest energy co in North America with an enterprise value of ~$94 bln and 80,000 miles of pipelines. The total purchase price, including the assumption of debt outstanding at El Paso and including the debt outstanding at El Paso Pipeline Partners (EPB) is ~$38 bln.

For Q2 (Jun ’11), It had a Net profit margin of 38.55%, an Operating margin of 53.91%. Other Key stats and ratios are : Return on average assets of 8.98%, Return on average equity of 10.55%.

Consensus Recommendation is a Outperform.

Estimate for sales for the Quarter Ending Dec-11 show a mean of 417.57 million dollars, an estimate high of 455.78 million dollars and an estimate low of 358.00 million dollars. A year ago the figures stood at 224.85 million dollars.

Estimate for sales for the Quarter Ending Mar-12 show a mean of 412.61 million dollars, an estimate high of 431.90 million dollars and an estimate low of 380.40 million dollars.

Estimate for EPS for the Quarter Ending Dec-11 show a mean of 0.65 dollars, an estimate high of 0.87 dollars and an estimate low of 0.49 dollars. A year ago the figures stood at 0.60 dollars.

Estimate for EPS for the Quarter Ending Mar-12 show a mean of 0.63 dollars, an estimate high of 0.70 dollars and an estimate low of 0.54 dollars. A year ago the figures stood at 0.60 dollars.

Sales for Quarter Ending Jun-11 was estimated at 356.97 million dollars, however the actual sales figure stood at 358.00 million dollars, 1.03 million dollars more than estimates.

Sales for Quarter Ending Mar-11 was estimated at 381.93 million dollars, however the actual sales figure stood at 366.00 million dollars, 15.93 million dollars less than estimates.

Post Written By: Ed Liston Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications. He is widely quoted in various financial publications on the Internet. When Ed is not writing about stocks, investing in stocks, talking about stocks, or otherwise doing something stock related, he likes to go sailing and fishing in his yacht.