Comparing Columbia Pipeline Group (CPGX) and Its Competitors
Columbia Pipeline Group (NYSE: CPGX) is one of 50 publicly-traded companies in the “Oil & Gas Transportation Services” industry, but how does it contrast to its competitors? We will compare Columbia Pipeline Group to similar companies based on the strength of its institutional ownership, profitability, risk, valuation, earnings, analyst recommendations and dividends.
Earnings and Valuation
This table compares Columbia Pipeline Group and its competitors revenue, earnings per share and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|Columbia Pipeline Group||N/A||N/A||35.40|
|Columbia Pipeline Group Competitors||$4.88 billion||$288.25 million||18.21|
Columbia Pipeline Group’s competitors have higher revenue and earnings than Columbia Pipeline Group. Columbia Pipeline Group is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.
Institutional & Insider Ownership
57.5% of shares of all “Oil & Gas Transportation Services” companies are owned by institutional investors. 9.2% of shares of all “Oil & Gas Transportation Services” companies are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.
This is a breakdown of current ratings and recommmendations for Columbia Pipeline Group and its competitors, as reported by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Columbia Pipeline Group||0||0||0||0||N/A|
|Columbia Pipeline Group Competitors||309||1846||2434||86||2.49|
As a group, “Oil & Gas Transportation Services” companies have a potential upside of 20.19%. Given Columbia Pipeline Group’s competitors higher possible upside, analysts clearly believe Columbia Pipeline Group has less favorable growth aspects than its competitors.
Columbia Pipeline Group pays an annual dividend of $0.54 per share and has a dividend yield of 2.1%. Columbia Pipeline Group pays out 75.0% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. As a group, “Oil & Gas Transportation Services” companies pay a dividend yield of 6.6% and pay out 158.9% of their earnings in the form of a dividend.
This table compares Columbia Pipeline Group and its competitors’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Columbia Pipeline Group||23.76%||7.15%||3.45%|
|Columbia Pipeline Group Competitors||18.48%||87.80%||5.91%|
Columbia Pipeline Group competitors beat Columbia Pipeline Group on 7 of the 9 factors compared.
About Columbia Pipeline Group
Columbia Pipeline Group, Inc. owns, operates and develops a portfolio of pipelines, storage and related midstream assets. The Company is engaged in regulated gas transportation and storage services for local distribution companies (LDCs), marketers, producers, and industrial and commercial customers located in northeastern, mid-Atlantic, Midwestern and southern states and the District of Columbia, along with unregulated businesses that include midstream services, including gathering, treating, conditioning, processing, compression and liquids handling, and development of mineral rights positions. Its segment consists of portfolio of pipelines, storage and related midstream assets. It owns approximately 15,000 miles of strategically located interstate gas pipelines extending from New York to the Gulf of Mexico and an underground natural gas storage system with approximately 300 million dekatherms (MMDth) of working gas capacity, as well as related gathering and processing assets.
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