Why Are Analysts Bullish on Archrock Partners and USA Compression?
Of the surveyed analysts, 63% rated APLP a “buy,” and 37% rated it a “hold.” If the stock achieves its target price, it would mean a 5% price return.
APLP cut its per-unit distributions by 50% in the first quarter of 2016, in part to improve the company’s credit profile.
APLP’s credit facility allows it a maximum total leverage ratio, as defined in the credit agreement, to 5.95x through the fourth quarter 2017.
The horsepower utilization for MLPs USA Compression Partners, Archrock Partners, and CSI Compressco have shown a declining trend for several quarters.
APLP’s and USAC’s distributable cash flows have remained relatively stable, while CCLP has reported much lower distributable cash flows.
The increased contribution of shale gas to the total gas production means higher demand for compression. Shale plays typically have lower pressures.
Fleet horsepower is a key metric in analyzing a compression service provider’s operations. Growth in fleet horsepower fuels the provider’s revenue growth.
Compression services are utilized along the natural gas production cycle to the transport of gas. APLP utilizes 80% of its compression fleet in natural gas.
Demand for natural gas compression services is tied to natural gas production volumes, but the demand is not directly dependent on natural gas prices.
Compression services MLPs USA Compression Partners, Archrock Partners, and CSI Compressco have outperformed the broader MLP sector during the past year.
Analyst ratings for Genesis Energy In this article, we’ll look at what Wall Street analysts recommend for Genesis Energy (GEL). 62.0% of analysts rate Genesis Energy a “buy” and the…
Genesis Energy’s outstanding debt Genesis Energy (GEL) ended 3Q16 with a total outstanding debt of $3.0 billion, which is 2.0% higher than its debt outstanding by the end of 2015.…
Number of holders In this article, we’ll analyze the institutional ownership of Genesis Energy (GEL). The number of holders in GEL stood at 238 on January 12, 2017, compared with…
Short interest Genesis Energy’s (GEL) short interest as a percentage of float ratio has fallen to 2.7%. This ratio is lower than its 2016 average of 3.3%. However, it is higher than…
Genesis Energy’s price-to-distributable cash flow Genesis Energy (GEL) is currently trading at a price-to-distributable cash flow of 10.7x. The partnership is trading below the 14.4x average seen over the last…
Genesis Energy’s stock performance Genesis Energy (GEL), has gained 17.1% during the past year. In comparison, peers Sunoco Logistics Partners (SXL), Buckeye Partners (BPL), and NGL Energy Partners (NGL) have…
Genesis Energy (GEL), the midstream MLP involved in crude oil and refined product transportation and logistics, announced its quarterly distribution for 4Q16 in a press release published on January 12, 2017.
At a broader level, 93.0% of analysts rate Antero Midstream as a “buy,” and the remaining 7.0% rate it as a “hold.” The MLP has no “sell” recommendations.
Now, let’s analyze the institutional ownership of Antero Midstream Partners (AM). The number of holders in AM has fallen to 142 as of January 10, 2017.
Short interest in Antero Midstream Partners (AM) as percentage of its float ratio has fallen to 0.6%. This ratio is lower than the stock’s 2016 average of 0.9%.