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Williams Partners LP (Williams Partners LP) Accounts Payable & Accrued Expense for Financial Companies


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What is Williams Partners LP Accounts Payable & Accrued Expense for Financial Companies?

Accounts Payable & Accrued Expense for Financial Companies only applies to insurance companies.


Williams Partners LP (Williams Partners LP) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Williams Partners LP (NYSE:WPZ) » Definitions » Accounts Payable & Accrued Expense for Financial Companies
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Williams Partners is a large pipeline company that owns and operates the large Transco and Northwest pipeline systems and associated natural gas gathering and processing and storage assets. It also owns a 60% stake in Discovery, which owns offshore natural gas assets in the Gulf of Mexico. Williams Companies, a publicly traded C-Corporation, owns a 74% interest in Williams Partners. The partnership owns the underlying assets while the corporation holds the stake in the limited partnership.