BreitBurn Energy Partners LP
US Natural Gas Supplies Fell due to Drop in Imports from Canada
PointLogic reported that natural gas supplies fell by 1.1% to 79.3 Bcf (billion cubic feet) per day for the week ending June 29, 2016, compared to the previous week.
Linn Energy’s Losing Streak Continued on Friday, July 31
Linn Energy’s (LINE) bloodbath continued on Friday with a single day loss of 15.13% as crude oil continued to fall due to excess supply concerns.
Legacy Reserves: Top Upstream MLP Loser on September 22
The top upstream MLP losers include Legacy Reserves (LGCY), Linn Energy (LINE), Mid-Con Energy Partners (MCEP), and BreitBurn Energy Partners (BBEP).
Analyst Recommendations: Vanguard Natural Resources the Favorite
The two most recent recommendations are by UBS and Scotia Howard Weil, and they rate LINE “sell” and “sector perform,” with target prices of $2 and $5, respectively.
EV Energy Partners: Top Upstream MLP Gainer on November 2
The top upstream MLP gainers include EV Energy Partners (EVEP), Atlas Resource Partners (ARP), BreitBurn Energy Partners (BBEP), and Legacy Reserves (LGCY).
Blame Canada: Why Natural Gas Supplies Rose
Market intelligence company PointLogic reported that natural gas supplies rose by 0.6% to 80.2 Bcf (billion cubic feet) per day between June 16 and June 22.
Atlas Resource Partners: Top Upstream MLP Loser on September 3
Top upstream MLP losers include Atlas Resource Partners (ARP), BreitBurn Energy Partners (BBEP), EV Energy Partners (EVEP), and Eagle Rock Energy Partners (EROC).
Why Did a 0.9% Fall in Crude Oil Inventories Impact MLPs?
According to data released on April 7, 2016, US crude oil (USO) inventories fell 0.9% in the week ending April 1, 2016.
An Overview of Breitburn Energy
Breitburn Energy completed a few acquisitions in late 2014 to boost its total production. In November 2014, the partnership completed its merger with QR Energy.
An Overview of LINN Energy: The Biggest Upstream MLP Loser
During 1Q15, Linn Energy recorded noncash impairment charges of ~$533 million associated with proved oil and natural gas properties.
Where Is EOG Resources Trading in Terms of Historic Multiples?
EOG Resources’ equity value has eroded in the last four quarters. Its stock has fallen 24% due to the fall in crude oil and natural gas prices.
Why BreitBurn Has Seen Below-Par Performance in the Last 3 Years
BreitBurn Energy Partners (BBEP) has generated below-par total returns over the last three years mainly due to the decline in crude oil and natural gas prices.
Mid-April Midstream Movers: BreitBurn Energy and AGL Resources
For our analysis of midstream movers, we’ve selected only midstream companies with market capitalizations of over $1 billion and 30-day average daily volumes over 500,000 shares.