Event-Driven Stocks

WILLIAMS PARTNERS L.P.

Utilities · Natural Gas Transmission · DE · SEC filings ↗ · Compare ⊕

Signs4 gooddetails ↓

Financials

SEC XBRL · annual
 FY17FY16FY15FY14FY13FY12
Revenue$8.01B$7.49B$7.33B$277.1M$237.0M$608.4M
Operating income$1.03B$1.30B$383.0M$409.7M$331.9M$178.5M
Net income$871.0M$431.0M−$1.45B$61.1M$59.5M$178.5M
Total assets$45.90B$46.27B$47.87B$9.14B$7.92B$6.56B
Total liabilities
Equity
EPS (diluted)
Shares out.955.4M588.6M586.7M189.1M97.4M78.9M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2017
Operating margin
12.9%
Net margin
10.9%
Return on equity
Return on assets
1.9%
Return on capital (ROCE)
2.4%
Liabilities / assets
Debt / equity
Book value / share
Revenue growth (YoY)
6.9%
Net income growth (YoY)
102.1%

Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.

Financial health

forensic scores · FY2017
Accruals / assets
4.3%clean
Piotroski F-Score
6/8mixed

Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.

Quality score

EDS Score
67
/ 100
Profitability 100Growth 100Catalyst 33Earnings quality 100Financial strength 0

Our own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.

Signs

4 good
  • Operating margin is positive
  • Revenue is growing year-over-year
  • Positive operating cash flow
  • Clean earnings (low accruals)

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

Insider transactions

SEC Form 4 · most recent
0 acquisitions3 disposalsnet 15,947 shares · last 3
InsiderDateTypeSharesPrice
Timmermans Ted TOfficer — VP, Controller, CAOAug 10, 2018D588
Poarch John EOfficer — SVP - Engineering ServicesAug 10, 2018D11,438
Peterson Alice MDirectorAug 10, 2018D3,921

Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.

Material events

SEC Form 8-K · most recent

Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.

Recent SEC filings

All filings ↗

Event-driven situations (1)

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