Top upstream MLP losers include Atlas Resource Partners (ARP), BreitBurn Energy Partners (BBEP), EV Energy Partners (EVEP), and Eagle Rock Energy Partners (EROC).
EV Energy Partners sold its interests in its midstream assets, including Cardinal Gas Services and Utica East Ohio Midstream. Now, EVEP no longer operates in the midstream segment.
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.
In a press release published on May 21, 2015, Vanguard Natural Resources and Eagle Rock Energy Partners (EROC) announced that the two MLPs have agreed to merge.
On March 21, Regency closed its acquisition with PVR Partners. The combination creates a fully integrated midstream partnership platform by further expanding Regency’s position in the Appalachia Basin.
In late December 2013, Eagle Rock entered into an agreement with Regency Energy Partners (RGP), announcing that it will sell its midstream business to RGP for $1.3 billion.