|Bid||19.70 x 1200|
|Ask||0.00 x 2200|
|Day's Range||24.48 - 24.86|
|52 Week Range||18.38 - 28.42|
|PE Ratio (TTM)||26.08|
|Earnings Date||Aug 6, 2018 - Aug 10, 2018|
|Forward Dividend & Yield||1.20 (4.99%)|
|1y Target Est||25.52|
Energy Transfer Partners (ETP) posted strong earnings growth in the recent quarter. High leverage and a complex capital structure have been a drag on Energy Transfer Partners’ market performance. While the partnership’s leverage position improved considerably in recent quarters due to balance sheet strengthening measures and earnings growth, its cost of equity continued to stay higher.
LONDON, UK / ACCESSWIRE / May 16, 2018 / If you want a free Stock Review on TRGP sign up now at www.wallstequities.com/registration. On Tuesday, shares in Houston, Texas-based Spectra Energy Partners L.P. recorded a trading volume of 492,781 shares.
Q1 2018 Plains All American Pipeline LP and Plains GP Holdings LP Earnings Call
Master limited partnerships or MLPs saw continued strong earnings growth in 1Q18 after a solid fourth quarter of 2017. Of the top 15 limited partnerships by market capitalization, 14 reported YoY (year-over-year) growth in quarterly revenue and EBITDA (earnings before interest, tax, depreciation, and amortization). Seven of these limited partnerships reported QoQ (quarter-over-quarter) growth in revenue while nine reported QoQ growth in adjusted EBITDA. ...
Buckeye Partners (BPL) saw one rating downgrade and three target price revisions last week. Citigroup lowered the partnership to neutral, which is equivalent to “hold,” from a “buy.” The three target price revisions include: Citigroup: $39 from $55 Stifel: $45 from $56 Mizuho: $42 from $45
MLPs recovered last week after two weeks of sluggishness. The Alerian MLP Index (^AMZ), which includes 50 energy MLPs, rose 2.0% during the week to end at 259.6. Out of the total 90 MLPs, 55 ended in the green, four remained unchanged, and the remaining 31 ended in the red. Among the top MLPs, Energy Transfer Partners (ETP), Williams Partners (WPZ), and Enterprise Products Partners (EPD) rose 5.5%, 2.7%, and 2.1%, respectively, while Plains All American Pipelines (PAA) fell 2.8%.
NEW YORK, May 11, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Sunstone ...
Plains All American Pipeline (PAA) reported its 1Q18 results on May 8 after the market closed. Plains All American reported 16% YoY (year-over-year) growth in its adjusted EBITDA (earnings before interest, tax, depreciation, and amortization) for the quarter. The adjusted EBITDA excludes gains from derivative activities. Plains All American reported $285 million in gains from derivative activities in 1Q17.
Plains All American Pipeline LP said on its first quarter earnings call that Permian crude oil transportation volumes grew about 750,000 barrels per day in the quarter compared with a year earlier: * Production in the Permian basin is currently exceeding expectations and a recent widening of Permian crude differentials is a positive indicator for fee-based revenue on Permian systems. * "Our 2018 guidance incorporated an expectation that Permian takeaway capacity would likely experience constraints in the second half of 2018 and the first half of 2019 ... This is materializing earlier than expected," a company executive said during the call.
On a per-share basis, the Houston-based company said it had profit of 33 cents. Earnings, adjusted for non-recurring costs, came to 36 cents per share. The results beat Wall Street expectations. The average ...
Plains All American Pipeline, L.P. and Plains GP Holdings today reported first-quarter 2018 results.
DALLAS , May 7, 2018 /PRNewswire/ -- Alerian reported index linked product positions of $13.5 billion as of March 31, 2018 . Linked products include exchange-traded funds, exchange-traded notes, return ...
The race for the Permian region continues as the country’s largest midstream companies, Enterprise Products Partners (EPD) and Energy Transfer Partners (ETP), come together to resume service on the Old Ocean pipeline. Midstream MLPs are bullish on expansion in and around the prolific Permian basin due to strong drilling activity in the region. According to Baker Hughes, the total rig count in the Permian region has increased to 452 as of April 27, compared to 398 during the start of this year, representing a YTD (year-to-date) increase of 54.
So far in this series, we have discussed the performance of the broader MLP sector, top MLP gainers, and top MLP losers in the week ending April 27. In this part, we’ll discuss MLP rating updates last week.
MLPs cooled off in the week ending April 27 after rallying for two consecutive weeks. The Alerian MLP Index (^AMZ), which includes 50 energy MLPs, rose 0.5% during the week and ended at 258.0.
On April 20, Deutsche Bank started coverage on Enterprise Products Partners (EPD) with a “buy” recommendation. Deutsche Bank gave Enterprise Products Partners a target price of $31. On April 17, Barclays cut Enterprise Products Partners’ target price from $30 to $29. All of the analysts surveyed by Reuters rate Enterprise Products Partners as a “buy.”
So far, Enterprise Products Partners (EPD) stock has risen ~1% in 2018. The stock has outperformed the Alerian MLP ETF (AMLP), which has fallen 7% YTD (year-to-date). Kinder Morgan (KMI) has fallen 13% YTD, while Plains All American Pipeline (PAA) has risen 18% YTD. Crude oil prices have risen ~14% YTD. To learn more about how key MLP indicators are trending, read How Key Indicators for Energy MLPs Are Trending. Read Will US Crude Oil Prices Hit $70 per Barrel in the Coming Weeks? to learn more about the latest factors impacting crude oil prices.
Enterprise Products Partners (EPD) is scheduled to release its 1Q18 results on April 30 before the market opens. Analysts expect its EBITDA (earnings before interest, tax, depreciation, and amortization) to rise 7% to $1.52 billion in 1Q18 from $1.41 billion in 1Q17. Enterprise Products Partners’ analyst-adjusted EBITDA was $1.54 billion in 4Q17.
So far in this series, we have discussed the performance of the broader MLP sector, top MLP gainers, and top MLP losses in the week ending April 20. In this part, we’ll discuss last week’s MLP rating updates.
In the week ending April 20, MLPs rallied for the second consecutive week. The Alerian MLP Index (^AMZ), which includes 50 energy MLPs, rose 3.5% during the week and ended at 256.8. The index has gained 7.0% in the last two weeks.