Williams Partners L.P. WPZ NYSE

Williams Partners L.P. (WPZ) generated $958M in operating cash flow for quarter ending 2018-06-30. After capital expenditures of $924M, free cash flow was $34M.

Free cash flow margin was 1.6% of revenue. Cash conversion ratio was 2.13x, indicating earnings are backed by cash.

The company returned $564M in dividends to shareholders during the quarter.

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 2.13x confirms earnings are backed by real cash flow

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