Midcoast Energy Partners LP

Most Recent

  • uploads///segment ebitda
    Earnings Report

    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.…

    By Kurt Gallon
  • uploads///eeps ebitda by segment
    Company & Industry Overviews

    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 […]

    By Rekha Khandelwal, CFA
  • uploads///enbridges asset base
    Company & Industry Overviews

    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.

    By Rekha Khandelwal, CFA
  • uploads///eeps ebitda by segment
    Earnings Report

    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.

    By Rekha Khandelwal, CFA
  • uploads///eep fell  percent on jan
    Miscellaneous

    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).

    By Rekha Khandelwal, CFA
  • uploads///eeps ebitda by segment
    Company & Industry Overviews

    How Enbridge Energy Partners’ Segments Are Performing

    Enbridge Energy Partners (EEP) carries out its operations through two reportable segments: Liquids and Natural Gas.

    By Rekha Khandelwal, CFA
  • uploads///eep corporate str
    Company & Industry Overviews

    A Closer Look at Enbridge Energy Partners’ Business and Assets

    Headquartered in Texas, Enbridge Energy Partners (EEP) owns and operates a crude oil and natural gas transportation business in the United States.

    By Rekha Khandelwal, CFA
  • uploads///forward distribution yield to distribution growth
    Company & Industry Overviews

    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%.

    By Rekha Khandelwal, CFA
  • uploads///mep natural gas and wti
    Company & Industry Overviews

    How MEP’s Stock Correlates with Commodity Prices

    Midcoast Energy Partners’s (MEP) stock had a correlation of 0.42 with the near-month WTI (West Texas Intermediate) crude oil futures price over the last 12-month period.

    By Rekha Khandelwal, CFA
  • uploads///distributable cash flow and capex
    Company & Industry Overviews

    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%.

    By Rekha Khandelwal, CFA
  • uploads///production volumes by project
    Company & Industry Overviews

    Midcoast Energy Partners’s Production Volumes in Focus

    So far in 2016, nearly 40% of the gross business margin of Midcoast Energy Partners (MEP) is expected to depend on contracts that have direct exposure to commodity prices.

    By Rekha Khandelwal, CFA
  • uploads///segmental gross margin
    Company & Industry Overviews

    How Are Midcoast Energy Partners’s Segments Performing?

    In 2Q16, the Gathering, Processing, and Transportation segment contributed more than 90% to Midcoast Energy Partners’s (MEP) gross margin.

    By Rekha Khandelwal, CFA
  • uploads///year to date returns
    Company & Industry Overviews

    Midcoast Energy Partners Not in Great Favor with Analysts

    Midcoast Energy Partners (MEP) has generated total returns, including dividends, of 8.5% so far in 2016. Analysts’ median target price for MEP for the next year is $8, and all of the analysts surveyed rated MEP a “hold.”

    By Rekha Khandelwal, CFA
  • uploads///simplified ownership structure
    Company & Industry Overviews

    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.

    By Rekha Khandelwal, CFA
  • uploads///eeps ebitda by segment
    Earnings Report

    How EEP’s Segments Are Expected to Perform in 2Q16

    Enbridge Energy Partners (EEP) carries out its operations through two reportable segments: Liquids and Natural Gas.

    By Rekha Khandelwal, CFA
  • uploads///NSPC
    Earnings Report

    ETE and ETP: What Do Analysts Recommend Post-1Q16?

    In this article, we’ll look analyst ratings for Energy Transfer Equity (ETE) and Energy Transfer Partners (ETP) after the release of their 1Q16 data.

    By Kurt Gallon
  • uploads///EBITDA
    Earnings Report

    Why Did Williams Partners’ EBITDA Grow in 1Q16?

    Williams Companies (WMB) and its MLP subsidiary, Williams Partners (WPZ), reported their 1Q16 earnings on May 4, 2016.

    By Kurt Gallon
  • uploads///ebitda vs consensus estimates
    Earnings Report

    Enbridge Energy: What Are Its Plans for Its Natural Gas Business?

    Enbridge Energy Partners (EEP) reported its 1Q16 results on May 2, 2016.

    By Rekha Khandelwal, CFA
  • uploads///ETP segment
    Earnings Report

    Which Segment Will Drive Energy Transfer Partners’ 1Q16 Results?

    Energy Transfer Partners’ (ETP) Midstream segment mainly provides natural gas gathering and processing services.

    By Kurt Gallon
  • uploads///Frac spread
    Macroeconomic Analysis

    MLP Drivers: Why Did Last Week’s Fractionation Spread Fall?

    The Henry Hub–Mont Belvieu fractionation spread fell slightly to $11.74 per barrel in the week ending March 18, 2016.

    By Kurt Gallon
  • uploads///adjusted revenues vs consensus estimates
    Earnings Report

    Enbridge Energy Partners Marginally Missed 3Q15 Revenue Estimates

    Enbridge Energy Partners’ (EEP) revenues of $1.3 billion in 3Q15 were 0.9% lower than analysts’ consensus estimates. EEP has missed consensus revenue estimates in four out of the last ten quarters.

    By Rekha Khandelwal, CFA
  • uploads///adjusted revenues vs consensus estimates
    Earnings Report

    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).

    By Rekha Khandelwal, CFA
  • uploads///broker recommendations midcoast energy
    Company & Industry Overviews

    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.

    By Rekha Khandelwal, CFA
  • uploads///meps distributable cash flows
    Company & Industry Overviews

    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.

    By Rekha Khandelwal, CFA
  • uploads///midcoast energy partners contract mix
    Company & Industry Overviews

    Midcoast Energy Focuses on Contract Mix to Minimize Risk

    About 47% of MEP’s contracts are commodity price sensitive. These are keep-whole contracts, percent-of-proceeds contracts, and percent-of-liquids contract.

    By Rekha Khandelwal, CFA
  • uploads///meps operational metrics
    Company & Industry Overviews

    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.

    By Rekha Khandelwal, CFA
  • uploads///year to date returns for mepoks
    Company & Industry Overviews

    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).

    By Rekha Khandelwal, CFA
  • uploads///Gainer
    Macroeconomic Analysis

    Western Refining Logistics: Top Midstream MLP Gainer on August 26

    Western Refining Logistics (WNRL) was the top gainer among midstream MLPs at the end of trading on Wednesday, August 26. It rose 4.98%.

    By Kurt Gallon
  • uploads///Losers
    Macroeconomic Analysis

    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.

    By Kurt Gallon
  • uploads///Gainers
    Macroeconomic Analysis

    Midcoast Energy: Top Midstream MLP Gainer on Tuesday, August 11

    Midcoast Energy Partners (MEP) was the top gainer among midstream MLPs at the end of trading on August 11. It rose 6.48% in a single trading session.

    By Kurt Gallon
  • uploads///Gainers
    Macroeconomic Analysis

    Midcoast Energy Partners: Top Midstream Gainer on July 31

    Midcoast Energy Partners (MEP) was the top gainer among midstream MLPs at the end of trading on Friday, July 31. The company’s winning streak continued.

    By Kurt Gallon
    • CONNECT with Market Realist
    • Link to Facebook
    • Link to Twitter
    • Link to Instagram
    • Link to Email Subscribe
    Market Realist Logo
    Do Not Sell My Personal Information

    © Copyright 2021 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.