Markets these days are concerned about geopolitical risks more than ever, given the rapid growth in globalization and the interconnections between global markets.
According to data released on March 3, 2016, US crude oil inventories rose 2.0% in the week ended February 26, 2016. US crude oil inventories have risen significantly since mid-2014.
The median broker target price of $44 for NuStar Energy implies a ~36.0% price return in the next 12 months from its February 3, 2016, closing price of $33.50.
Buckeye Partners’ adjusted EBITDA from continuing operations increased to $204.2 million in 3Q15 from $200.6 million in 3Q14—a marginal increase of 1.2%.
NYMEX near-month WTI crude oil futures prices fell 2.8% in the week ended January 1, 2016. WTI crude oil prices closed at $37.04 per barrel on January 1.
Plains All American Pipeline has revised its mid-point EBITDA guidance for full year 2015 to $2.2 billion, 3% below the $2.3 billion guidance it had previously provided.
Plains All American Pipeline’s (PAA) revenues of $5.5 billion in 3Q15 were 22% lower than analysts’ consensus estimate. It has missed consensus revenue estimates in six out of the last ten quarters.
EPD’s revenue estimate for 3Q15 The consensus revenue estimate for Enterprise Products Partners (EPD) for the third quarter of 2015 is $9.1 billion. EPD missed revenue estimates by 20% in the second quarter of 2015. On the other hand, peers Spectra Energy Partners (SEP) and Energy Transfer Partners (ETP) beat 2Q15 revenue estimates by 1.2% […]
Phillips 66 Partners’ (PSXP) 2Q15 EBITDA remained almost flat year-over-year. The company’s EBITDA increased from $27 million in 2Q13 to $36 million in 2Q15.
