Midcoast Energy Partners LP
Latest Midcoast Energy Partners LP News and Updates
Enbridge Acquires Midcoast Energy Partners: Key Highlights
On January 27, 2017, Midcoast Energy Partners (MEP) announced an agreement with Enbridge Energy (EECI), an indirect wholly-owned subsidiary of Enbridge (ENB).
Commodity Prices Impact Midcoast Energy’s Operations
Midcoast Energy Partners’ (MEP) natural gas throughput volumes fell in 2Q15 compared to 1Q15 and 2Q14. The decrease was primarily due to the low commodity price environment for natural gas and NGLs.
Rose Rock Midstream: Top Midstream MLP Loser on August 25
Rose Rock Midstream (RRMS) was the top loser among midstream MLPs at the end of trading on Tuesday, August 25. It fell 4.71% in a single trading session.
Which Segment Will Drive Williams Partners’ 1Q17 Performance?
Williams Companies (WMB) operates as a GP (general partner) of Williams Partners (WPZ) with very few business assets.…
EEP by Segment: Charting the Top Performers
EEP’s Liquids segment Enbridge Energy Partners (EEP) carries out its operations through two reportable segments: Liquids and Natural Gas. EEP’s Liquids segments adjusted EBITDA (earnings before interest, tax, depreciation, and amortization) for 4Q16 rose 10% over 4Q15. This EBITDA growth was mainly driven by an increase in EEP’s Lakehead system deliveries attributable to new projects […]
Enbridge Energy Partners Inside Out: Segments and Assets
Headquartered in Texas, Enbridge Energy Partners (EEP) owns and operates a crude oil and natural gas transportation business in the United States.
EEP’s Segments in 4Q16: Which Contributed the Most to Earnings Growth?
EEP’s Liquids segment contributed ~98% to the company’s total EBITDA in 3Q16.
How Enbridge Energy Partners’ Segments Are Performing
Enbridge Energy Partners (EEP) carries out its operations through two reportable segments: Liquids and Natural Gas.
MEP Trades at a Higher Forward Yield Than Its Peers
Midcoast Energy Partners’s (MEP) forward distribution yield at 11.7% is higher compared to its peer average of 6.4%.
Are Midcoast Energy Partners’s Distributions Sustainable?
Midcoast Energy Partners’s distributions have remained flat at ~$0.36 for the last three quarters. The company currently trades at a yield near 16%.
What Lies Ahead for Midcoast Energy Partners?
Midcoast Energy Partners’s (MEP) performance in the last few quarters has been significantly impacted by the low commodity price environment. MEP was formed by Enbridge Energy Partners (EEP) for the expansion of its natural gas and NGL midstream business.
Enbridge Energy: What Are Its Plans for Its Natural Gas Business?
Enbridge Energy Partners (EEP) reported its 1Q16 results on May 2, 2016.
Why Are Enbridge Energy Partners’ 3Q15 Revenue Estimates Low?
Enbridge Energy Partners’ natural gas assets are primarily located in Texas and Oklahoma, and are owned by Midcoast Energy Partners (MEP).
More than Half of Analysts Surveyed Rate Midcoast Energy a ‘Hold’
Of the analysts surveyed by Bloomberg, 22% rate Midcoast Energy Partners (MEP) a “buy,” and 56% rate it a “hold.” About 22% rate it a “sell.” Its consensus target price is $13.40.
Midcoast Energy’s Distributable Cash Flows Are Growing
Midcoast Energy Partners’ (MEP) distributable cash flows increased in 2Q15 compared to 1Q15 and 2Q14. Its distributable cash flows have shown a rising trend since listing.
Midcoast Energy’s Year-to-Date Returns Exceed Industry Average
Midcoast Energy Partners’ (MEP) year-to-date total returns are -12.2%. It gathers, processes, transports, and markets natural gas and NGLs (natural gas liquids).