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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Jim P. who wrote (40187)1/24/2011 4:06:48 PM
From: E_K_S  Read Replies (1) | Respond to of 78744
 
Hi Jim -

Williams Partners L.P. Common U(NYSE: WPZ )

Williams Partners L.P. Raises Per-Unit Cash Distribution to 70.25 Cents for Fourth-Quarter 2010

finance.yahoo.com

From the article:"...Williams Partners L.P. (NYSE:WPZ - News) announced today that the regular quarterly cash distribution its unitholders receive has been increased to $0.7025 per unit.

The new per-unit amount is a 2-percent increase over the partnership's third-quarter 2010 distribution of $0.6875 per unit and an 11-percent increase over the partnership's fourth-quarter 2009 distribution of $0.635 per unit..."

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Their free flow cash continues to increase as you pointed out back in November w/ their new gathering partnership(s). Yield now over 6%. Williams Companies, Inc. (The) (NYSE: WMB ) will be one of the beneficiaries as they own over 50% of WPZ. The forward PE for WPZ at 14 is more attractive than WMB which is now over 20.

EKS



To: Jim P. who wrote (40187)2/17/2011 10:06:43 AM
From: E_K_S  Read Replies (3) | Respond to of 78744
 
Hi Jim -
The pieces are worth more than the whole. It looks like WMB is going to break itself up. Stock up 10% on the news.

Williams Cos. Up Big on Split Plans
February 17, 2011, 8:29 AM ET
blogs.wsj.com

From the article:"...Natural gas company Williams Cos. is up nearly 13% premarket on news that it’s going to split its businesses into two separate, publicly traded companies, joining a growing list of firms suggesting their segments are worth more separately than combined...."

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I wonder how they plan to handle their WPZ holdings in a separate company?

EKS