EV Energy Partners LP
Latest EV Energy Partners LP News and Updates
Why Gathering and Processing MLPs Outperformed in 1Q17
Gathering and processing MLPs were the best performing MLPs in the first quarter of 2017. The subgroup rose 14.7%.
Which Upstream MLP Could Announce Bankruptcy Next?
Memorial Production Partners’ (MEMP) liquidity position was better compared to its peers. It doesn’t have significant debt maturity until 2018.
Magnetar Raises Its Position in Williams Companies
Magnetar raised its stake in Williams Companies during the fourth quarter by purchasing 1.5 million shares. It represents 2.59% of the fund’s 4Q14 portfolio.
These MLPs Rose More than 6.0% in the Week Ended September 29
Upstream MLPs EV Energy Partners (EVEP), Mid-Con Energy Partners (MCEP), and Legacy Reserves (LGCY) rose 17.6%, 13.7%, and 11.8%, respectively, in the week ended September 29.
What Led to Memorial Production Partners’ Bankruptcy?
MEMP’s earnings improved in the recent quarter, but prior shortfalls were high and couldn’t be covered without a restructuring under Chapter 11 bankruptcy.
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.
Alerian MLP ETF Falls on Negative Investor Sentiments
The Alerian MLP ETF, which comprises 23 midstream energy MLPs, fell 2.4% on October 22, 2015, along with the entire midstream sector.
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).
Last Week’s Worst-Performing MLPs
Upstream MLPs including EV Energy Partners (EVEP), Mid-Con Energy Partners (MCEP), and Legacy Reserves (LGCY) were among the top MLP losers last week.
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).
Legacy Reserves Has Risen Over 140% in 2018: Can It Rise Further?
Upstream MLP Legacy Reserves has risen 144.0% since the start of 2018.
Which MLP Subgroup Was the Winner in 2017?
Coal MLPs Alliance Resource Partners LP (ARLP), CNX Coal Resources (CNXC), and Foresight Energy LP (FELP) were among the worst-performing MLPs in 2017.
These MLPs Saw the Biggest Rises Last Week
Upstream MLPs (master limited partnerships) EV Energy Partners (EVEP) and Legacy Reserves were among the top MLP gainers last week.
Analyzing LGCY’s Correlation with Natural Gas
Legacy Reserves (LGCY), an upstream MLP, is in the fourth spot in terms of its correlation with natural gas.
Top MLP Losers in the Week Ending November 24
Southcross Energy Partners (SXE) was the top MLP loser in the week ending November 24. It fell 7.1% during the week. It has lost 11.6% in November.
Top MLP Losers for Week Ended November 10
EV Energy Partners (EVEP), an upstream MLP, was the biggest MLP loser last week, which ended on November 10, 2017. EVEP fell 25.5%.
Last Week’s Biggest MLP Losers
Sanchez Production Partners (SNMP), the midstream MLP involved mainly in natural gas gathering, compression, and processing, was the biggest MLP loser last week.
Why MCEP Has a High Correlation With Crude Oil
Mid-Con Energy Partners Mid-Con Energy Partners (MCEP), an upstream MLP, has the third-highest correlation with crude oil among MLPs. MCEP’s correlation with crude oil was 0.49 on October 6, 2017. MCEP’s high correlation with crude oil reflects the partnership’s high direct crude oil exposure due to its involvement in the production and sale of crude oil and […]
These MLPs Rose More than 6% Last Week
NGL Energy Partners (NGL) was the top MLP gainer last week. NGL rose 17.2% during the week due to the rally in crude oil prices.
Top MLP Gainers in Week Ended September 8
EV Energy Partners (EVEP) was the top MLP gainer last week, which ended on September 8, 2017. It rose 13.9%.
Top MLPs Losers Last Week, Ended September 1
Teekay Offshore Partners (TOO) was the top MLP loser last week, which ended September 1, 2017. It fell 6.3%.
These MLPs Fell More Than 7% Last Week
EV Energy Partners (EVEP) was the worst-performing MLP last week. It fell a massive 20.9% during the week.
74% of Analysts Call Tesoro Logistics a ‘Buy’
On June 2, 2017, Barclays resumed its coverage of Tesoro Logistics (TLLP) with an “overweight” rating. Barclays has given TLLP a target price of $65.
Which MLP Subgroups Were the Biggest Losers during May 2017?
Marine transportation MLPs fell ~13.5% during May 2017.
Vanguard Natural Resources Can’t Make It, Files for Bankruptcy
Vanguard Natural Resources (VNR) has been suffering from a liquidity crisis and high leverage. On February 2, it filed for relief under Chapter 11 of the United States Bankruptcy Code.
Memorial Production Partners to File Bankruptcy: Key Highlights
Memorial Production Partners (MEMP), an upstream MLP that was suffering from liquidity crisis and high leverage, has filed for bankruptcy protection.
Vanguard Natural Is Soaring on Latest OPEC Output Deal
Vanguard Natural Resources (VNR), an upstream MLP involved in crude oil, natural gas, and NGL production, has gained over 100.0% in recent trading sessions.
What Are Wall Street Analysts Saying about Consol Energy?
Currently, ~40% of Wall Street analysts rate Consol Energy (CNX) as a “buy,” ~53% of analysts rate it as a “hold,” and ~7% rate the stock as a “sell.”
WTI-Brent Spread Narrowed, Brent Fell More than WTI Last Week
Brent crude oil’s higher fall compared to WTI in the week ended June 17, 2016, resulted in the narrowing of the WTI-Brent spread.
Where Do VNR, MEMP, EVEP, and LGCY Stand in Terms of Liquidity?
MLPs are going through a liquidity crisis due to a decline in earnings driven by a fall in commodity prices.
Why Did Linn Energy File for Bankruptcy Protection?
Linn Energy (LINE) and LinnCo LLC (LNCO) filed for protection under Chapter 11 of the Bankruptcy Code on Wednesday, May 11.
WTI-Brent Spread Widened as Brent Rose More than WTI Last Week
A widening WTI-Brent spread tends to hurt upstream MLPs such as Memorial Production Partners (MEMP) and Vanguard Natural Resources (VNR).
An Overview of EV Energy Partners and Its Recent Activity
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.
EV Energy Partners in 2Q15: Disappointing Operating Results
EV Energy Partners (EVEP) saw its 2Q15 revenues more than halved YoY (year-over-year). Its revenues fell to $44.4 million, down from $89.36 million in 2Q14.
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.
EOG Resources: Growing Revenue Is Battered by the Crude Oil Slump
EOG Resources’ 1Q15 adjusted revenue fell 39% quarter-over-quarter. This was mainly a result of the fall in crude oil and natural gas prices starting in 2H14.
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.
Why the Utica Shale is an important emerging oil play
As of June 28, 2014, the play had 41 rigs, 470 horizontal wells producing, 926 horizontal wells drilled, and 1,386 horizontal wells permitted.