In addition to rising rig counts, another contributor to increased proppant demand has been the increased amount of proppants used per horizontal well.
Recently, Morgan Stanley Investment Management, Goldman Sachs, and Bank of America Merrill Lynch bought Emerge Energy Services (EMES) shares totaling nearly 2 million.
Hi-Crush Partners’ (HCLP) capital expenditure in 4Q16 was $5.6 million. HCLP has provided 2017 capex guidance in the range of $30 million–$35 million.
According to EMES, the re-fracking of existing older wells could contribute to a demand rebound. Another potential positive for the sector is the huge DUC (drilled but uncompleted) well backlog.
The US rotary rig count provided by Baker Hughes rose by two to 756 in the week ended March 3, 2017, compared to the previous week.
In 4Q16, the frac sand volumes for Hi-Crush Partners (HCLP), Emerge Energy Services (EMES), and U.S. Silica Holdings (SLCA) rose compared to the previous quarter.
Frac sand–producing MLPs Hi-Crush Partners (HCLP) and Emerge Energy Services (EMES) have surged nearly 250% and 170%, respectively, over the last year.
In this article, we’ll perform a valuation analysis of Williams Companies based on its historical and forward multiples.
Short interest in Williams Companies (WMB) as a percentage of its float has fallen to 1.3%. This ratio is lower compared to its trailing-one-year average of 2.6%.
In this article, we’ll take a look at what Wall Street analysts recommend for Williams Companies (WMB).
Williams Companies is currently trading 1.9% and 8.5% above its 50-day and 200-day simple moving averages, respectively.
Williams Companies (WMB), the midstream c-corp GP (general partner) of Williams Partners (WPZ), has been rallying over the past few trading sessions.
ETE was last upgraded by Raymond James from “market perform” to “outperform,” which is equivalent to a “buy” rating, in January 2017.
Short interest in Energy Transfer Equity (ETE) as percentage of float ratio has increased to 7.2%.
The number of holders in ETE decreased to 391 on March 3, 2017, compared to 397 at the end of 2015.
Energy Transfer Equity (ETE) currently trades at a price-to-distributable cash flow of 17.1x. This is low compared to its ten-quarter average of 19.8x.
Energy Transfer Equity (ETE) is currently trading 1.3% above its 50-day simple moving average and 14.9% above its 200-day simple moving average.
Energy Transfer Equity (ETE) has outperformed the Alerian MLP ETF (AMLP) over the past three years in terms of total return.
Energy Transfer Equity (ETE) had a weak start to 2017, and its stock has fallen 0.2% since the beginning of the year. ETE gained 40.5% during 2016.
In this article, we’ll look at what Wall Street analysts recommend for Cheniere Energy (LNG). At a broader level, 85.0% of analysts rated Cheniere Energy as a “buy.”