Hi-Crush Partners LP
MLP Rating Updates during the Week Ending December 15
During the week ending December 15, BMO Capital Markets upgraded Magellan Midstream Partners (MMP) to “outperform,” which is equivalent to “buy.”
HEP, ENBL, GEL, DM: Top MLP Gainers Last Week
Holly Energy Partners (HEP), Enable Midstream Partners (ENBL), and Genesis Energy (GEL) were the top MLP gainers last week.
87% of Analysts Rate Hi-Crush Partners as a ‘Buy’
Analysts surveyed by Reuters seem bullish on Hi-Crush Partners (HCLP) with 87% rating the MLP as a “buy” and the remaining 13% rating it a “hold.”
The Top 7 Analyst Favorite MLPs
Antero Midstream Partners, Viper Energy Partners, and Hoegh LNG Partners have the most “buys” among all the publicly traded limited partnerships.
NBLX, WGP, CLMT, CVRR: The Weakest MLPs in the Third Quarter
Noble Midstream Partners (NBLX) stock fell significantly in August and September as Initiative 97 was started and then made it onto the Colorado ballot as Proposition 112.
A Look at the Top Gainers and Underperformers in the MLP Sector
Legacy Reserves (LGCY), an upstream MLP involved in crude oil, natural gas, and natural gas liquids production, is the top year-to-date MLP gainer.
DMLP, LNG, and NGL: Top MLP and Midstream Losses Last Week
Dorchester Minerals (DMLP), NGL Energy Partners (NGL), CVR Refining (CVRR), and Hi-Crush Partners (HCLP) were among the top losses last week.
Hi-Crush Partners Has Outperformed Peers in 2018 So Far
Hi-Crush Partners (HCLP) stock is up nearly 2% in 2018.
The 10 MLPs Most Correlated with Crude Oil
In this series, we’ll look at the ten MLPs most correlated with crude oil amid crude oil price volatility.
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.
Hi-Crush Partners’ Sand Volumes Rose 16% in Q2 2018
Hi-Crush Partners reported its second-quarter results on July 31 after the markets closed. The company reported an adjusted EBITDA of $81.5 million.
PAA, PSXP, HCLP: Key Rating Updates in the Last Week
Stifel changed its rating and price targets for quite a few MLPs in the last week.
A Look at Last Week’s Worst Midstream Performances
Hi-Crush Partners (HCLP) fell 5% during the week that ended on August 24. The stock has been on a downward trajectory for over a month.
Teekay Offshore Partners’ Upgrade Last Week
Teekay Offshore Partners (TOO) was the only MLP to see a rating update last week. Let’s take a closer look.
Can Boardwalk Pipeline Partners Generate Strong Returns?
Boardwalk Pipeline Partners has lost 24.2% since the beginning of this year.
Why Hi-Crush Partners Is so Optimistic about Frac Sand Prices in 2017
Hi-Crush Partners stock currently trades near $21.4—more than five times its price a year ago.
OKE, VNOM, and NGL: Top MLP and Midstream Gains Last Week
Hi-Crush Partners (HCLP), Viper Energy Partners (VNOM), and Dorchester Minerals (DMLP) were among the top MLP gainers last week.
OKE, HCLP, SUN: Key Midstream and MLP Rating Updates Last Week
Of the 18 analysts covering ONEOK, five have rated the stock as a “strong buy,” four have rated it as a “buy,” and the remaining nine have rated it as a “hold.”
TRGP, CVRR, and HCLP: Key Rating Updates Last Week
On October 3, Barclays cut its rating for CVR Refining (CVRR) from “equal weight” to “underweight.” Barclays cut its target price.
HCLP, BPL, SUN, and USAC: Are Analysts Cautious?
For Hi-Crush Partners (HCLP), one analyst rated the stock as a “strong buy,” nine rated it as a “buy,” and seven rated it as a “hold.”
MLP Rating Update for the Week Ending August 3
Hi-Crush Partners (HCLP) saw a rating downgrade and target price revision last week. Credit Suisse raised its target price to $17 from $15.
MLP Rating Update for the Week Ended July 27
Buckeye Partners (BPL) was downgraded by SunTrust Robinson Humphrey last week. It lowered BPL to a “sell” from a “hold.”
How Hi-Crush Partners and Emerge Energy Services Fared in 1Q18
Frac sand MLPs Hi-Crush Partners (HCLP) and Emerge Energy Services (EMES) reported their 1Q18 results on May 1.
Who’s Protected from FERC’s Revised Income Tax Policy?
Midstream companies such as Kinder Morgan (KMI), Targa Resource (TRGP), and ONEOK (OKE) are taxed as C-corps, so the revised policy doesn’t apply to them.
Last Week’s Top MLP Gainers: Calumet and More
Calumet Specialty Products Partners (CLMT), a downstream MLP involved in the production of specialty fuels, was the top MLP gainer last week.
Behind Hi-Crush Partners’ High Correlation with Crude Oil
Hi-Crush Partners has low direct commodity price exposure. The one-year correlation between Hi-Crush Partners and crude oil was 0.47 as of February 6.
How Do These MLPs Look in 2018?
MLPs had a strong start to the new year. The Alerian MLP Index rose 5% in the first week of 2018.
Why 86% of Wall Street Analysts Rate Hi-Crush Partners a ‘Buy’
Analysts’ consensus target price for Hi-Crush Partners (HCLP) for the next year is $16. The median target price implies a massive 57% price return over the next year, based on HCLP’s current price of $10.2.
Why Institutional Investors Seem Bearish on HCLP and EMES
Balyasny Asset Management, Morgan Stanley Investment Management, and Bank of America Merrill Lynch sold net 0.83 million Emerge Energy Services (EMES) shares from their positions, according to the latest filings.
Key MLP Ratings Updates as of December 8
Crestwood Equity Partners (CEQP), a midstream MLP, was upgraded at UBS last week. UBS raised CEQP to a “buy” from a “neutral.”
These 10 MLPs Offer a Maximum Upside from Current Levels
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.
Last Week’s Top MLP Gainers
CVR Partners (UAN), the MLP mainly involved in the production of nitrogen fertilizers, was the top MLP gainer last week. CVR Partners rose 7.7%.
MLP Rating Updates during the Week Ended September 29
Dominion Energy Midstream Partners’ (DM) average target price of $33.70 implies a 5.5% upside potential from its current price levels.
Top MLP Losers during the Week Ended September 29
CONE Midstream Partners (CNNX) fell 8.7% during the week and has fallen 32.7% since the beginning of 2017.
Which MLPs Rose More than 4% in the Week Ending September 15?
Dominion Midstream Partners (DM) was the top MLP gainer in the week ending September 22, 2017. Dominion Midstream rose 12.1% during the week.
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.
HCLP and EMES: Will US Rig Counts Support Frac Sand MLPs?
The US crude oil rig count provided by Baker Hughes was 756 for the week ended September 8, 2017. Crude oil rigs hit a low in the last week of May 2016.
HCLP, EMES: Does the 2017 Fall Make Frac Sand MLPs Attractive?
Emerge Energy Services (EMES) and Hi-Crush Partners (HCLP), which are frac sand MLPs, have fallen 45.0% and 60.0%, respectively, YTD (year-to-date).
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.
MLPs Approach Their 52-Week Lows amid Crude Oil Price Weakness
MLPs have seen a series of major sell-offs due to significant weakness in crude oil prices. The Alerian MLP ETF (AMLP) has fallen 7.5% since the beginning of June 2017.
What’s ahead for Frac Sand Producers?
Frac sand producers Emerge Energy Services (EMES) and Hi-Crush Partners (HCLP) rose nearly 44% and 16%, respectively, over the last 12-month period.
HCLP, EMES: What’s Driving Frac Sand MLP Stocks?
Frac sand–producing MLPs Hi-Crush Partners (HCLP) and Emerge Energy Services (EMES) have surged nearly 250% and 170%, respectively, over the last year.
What Investors Should Know about Emerge Energy Services
Emerge Energy Services has a net debt-to-EBITDA ratio of 8.6. This indicates significantly high leverage. It hasn’t been generating available cash to distribute.