- American City Business Journals•7 days ago
After reaching an agreement with more lenders, Houston-based Memorial Production Partners LP (MEMP) announced Jan. 16 it filed for reorganization under Chapter 11 of the U.S. Bankruptcy Code. The move was expected since December, when the master limited partnership first entered into a plan support agreement with holders of 50.2 percent of the partnership’s senior notes due in 2021 and 2022. MEMP plans to eliminate more than $1.3 billion in debt from its balance sheet through the restructuring.
- GlobeNewswire•8 days ago
Restructuring Expected to Strengthen Financial Position and Eliminate More than $1.3 Billion of Debt. Operations to Continue as Normal Across Asset Base. HOUSTON, Jan. 16, 2017-- Memorial Production Partners ...
- GlobeNewswire•11 days agoMemorial Production Partners LP Reaches Plan Support Agreement with Lenders on Comprehensive Financial Restructuring to Deleverage Balance Sheet
HOUSTON, Jan. 13, 2017-- Memorial Production Partners LP today announced that it has entered into a definitive Plan Support Agreement with lenders holding 100% of the loans under its revolving credit facility, ...
MEMP : Summary for Memorial Production Partners LP - Yahoo Finance
Memorial Production Partners LP (MEMP)
NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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|Bid||0.18 x 2500|
|Ask||0.19 x 200|
|Day's Range||0.18 - 0.22|
|52 Week Range||0.12 - 2.09|
Trade prices are not sourced from all markets
|PE Ratio (TTM)||-0.10|
|Dividend & Yield||0.12 (54.55%)|
|1y Target Est||N/A|