Archrock Partners LP

Archrock (AROC) is the biggest investor in Archrock Partners (APLP), and it holds 41.4% of its outstanding shares.

USA Compression Partners, CSI Compressco, and Archrock Partners are up 11%, 32%, and 4%.

Summit Midstream Partners (SMLP), a midstream MLP mainly involved in natural gas gathering, processing, and compression, was the worst MLP performer last week.

USA Compression Partners (USAC) continues to trade above both its short-term and long-term moving averages, which indicates bullish sentiment in the stock.

Plains All American Pipeline (PAA) was the biggest MLP loser last week, which ended on January 19, 2018. The partnership ended the week 6.1% lower.

Suburban Propane Partners (SPH), the MLP involved in retail marketing and the distribution of propane, was upgraded by UBS last week, which ended on January 5, 2017.

CVR Partners (UAN) was the top MLP gainer last week, which ended on January 5, 2018. It rose 23.2%.

Boardwalk Pipeline Partners has lost 24.2% since the beginning of this year.

So far in 2017, most MLPs are trading in negative territory despite strong crude oil prices. The Alerian MLP ETF (AMLP), which comprises 25 energy MLPs, has lost 16.3% year-to-date.

Upstream MLPs including EV Energy Partners (EVEP), Mid-Con Energy Partners (MCEP), and Legacy Reserves (LGCY) were among the top MLP losers last week.

Sanchez Production Partners (SNMP), the midstream MLP involved mainly in natural gas gathering, compression, and processing, was the biggest MLP loser last week.

Dominion Midstream Partners (DM) was the top MLP gainer in the week ending September 22, 2017. Dominion Midstream rose 12.1% during the week.

Last week, BMO Capital Markets raised both PAA and PAGP to outperform, which is equivalent to a “buy.”

Ferrellgas Partners (FGP), the MLP involved mainly in wholesale and retail propane distribution, was the top MLP gainer last week.

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.

The horsepower utilization for MLPs USA Compression Partners, Archrock Partners, and CSI Compressco have shown a declining trend for several quarters.

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.