Williams Partners L.P. WPZ NYSE

Williams Partners L.P. (WPZ) generated $2.84B in operating cash flow for fiscal year 2017. After capital expenditures of $2.42B, free cash flow was $425M.

Free cash flow margin was 5.3% of revenue. Cash conversion ratio was 2.91x, indicating earnings are backed by cash.

The company returned $2.47B in dividends to shareholders during the period.

Criteria supported by this page:

• HEALTH (0/100, Fail) — weak cash flow raises concerns about debt servicing
• MOAT (47/100, Partial) — cash flow generation is present but not at levels indicating a wide moat
• INCOME (55/100) — Cash conversion ratio was 2.91x confirms earnings are backed by real cash flow

Overall SharesGrow Score: 40/100 with 0/7 criteria passed.