Energy Transfer’s (ET) MLP subsidiary, Sunoco (SUN), is trading at a high yield of 12%. The company maintained a distribution of 82.55 cents per unit in the third quarter of 2018.
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.”
Global Partners (GLP), a midstream MLP involved in crude oil, refined product, and NGLs (natural gas liquids) logistics and marketing, saw two target price revisions and one ratings update last week.
The top ten institutional investors in Energy Transfer Partners (ETP) added 66.8 million ETP shares to their positions, according to the latest filings.
Sunoco LP (SUN), the downstream MLP subsidiary of Energy Transfer Equity (ETE), announced a share repurchased agreement with Energy Transfer Partners (ETP).
Ferrellgas Partners (FGP) was downgraded by Citigroup in the week ending January 12, 2018. Citigroup downgraded Ferrellgas Partners to “neutral” from “buy.”
Sunoco’s rise Sunoco (SUN) has risen nearly 13% so far in 2017. In comparison, the Alerian MLP Index has fallen nearly 15%. Energy Transfer Equity (ETE)—Sunoco’s parent—owns Sunoco’s GP (general partner) interests and IDRs (incentive distribution rights). Sunoco operates retail fuel sites and convenience stores and distributes motor fuel to convenience stores, dealers, commercial customers, and distributors. […]
Energy Transfer Equity (ETE) was trading at a price-to-distributable cash flow of 18.5x as of August 9, 2017, which is above the last ten quarters’ average of 18.0x.
Viper Energy Partners (VNOM), the MLP formed by Diamondback Energy (FANG) to mainly own and acquire crude oil and natural gas properties in the United States, was the top gainer last week.
Energy Transfer Equity (ETE) and its midstream subsidiaries, Energy Transfer Partners (ETP) and Sunoco LP (SUN), are expected to release their 2Q17 earnings on August 8.
In this series, we’ll perform a comparative analysis of four MLPs’ general partners: Energy Transfer Equity, Plains GP Holdings, Western Gas Equity Partners, and EnLink Midstream LLC.
Energy Transfer Equity (ETE), which directly and indirectly owns the GP (general partner) of Energy Transfer Partners (ETP) and Sunoco Logistics Partners (SXL), fell 1.7% last week.
Sunoco LP’s (SUN) retail business will become a small part of its overall offering following the completion of its announced convenience store divestitures.
The Alerian MLP Index’s yield The Alerian MLP Total Return Index (AMZX) outperformed the S&P 500 (GSPC) in February 2017, despite lower price returns. This is clearly due to MLPs’ stronger yields. The Alerian MLP ETF (AMLP) and the SPDR S&P 500 ETF (SPY) (SPX-INDEX) track the performance of AMZX and GSPC, respectively. The Alerian […]
Energy Transfer Equity’s (ETE) recent throughput volumes have been negative, impacted by declines in regions including the Eagle Ford and Barnett Shales.
Energy Transfer Equity’s (ETE) and its subsidiaries’ total outstanding debt by the end of 2Q16 was a whopping $41.2 billion, which is ~$4.2 billion more than the debt outstanding by the end of 2015.
Energy Transfer Equity’s (ETE) distribution has remained flat over the last four quarters despite an impressive distribution coverage. The partnership declared a flat distribution of $0.285 per unit for 3Q16.
Energy Transfer Equity (ETE), the pure play general partner MLP of Energy Transfer Group, has risen 42.6% year-to-date despite touching its multiyear lows in the beginning of 2016.
Sunoco (SUN) is currently trading at a price-to-distributable cash flow of 7.0x. It’s been trading below its historical average of 11.6x for the last eight quarters.
Enbridge Energy Partners’ (EEP) short interest as a percentage of its float is 3.9%, compared to the average of 2.3% for Alerian MLP Index (AMZ) members.
Energy Transfer Partners’ distribution growth Energy Transfer Partners (ETP) declared a distribution of ~$1.1 per unit for 3Q16. This represents flat distribution as compared to the previous quarter and the same quarter one year previously, due to high leverage and low coverage. On ETP’s distribution growth resumption, Kelcy Warren, ETP’s Chief Executive Officer, said in […]
PAA’s short interest as a percentage of its float is 1.5%, compared to the average of 3.0% for Alerian MLP Index (AMZ) members and 3.1% for the energy sector.
Energy Transfer Equity, which is dependent upon distribution income from its MLP subsidiaries, saw a 21.1% YoY fall in distributable cash flow in 2Q16.
Short interest as a percentage of float Short interest represents the total shares of a particular stock that have been shorted but haven’t yet been closed out. Kinder Morgan’s (KMI) short interest as a percentage of its float is 1.8%, compared with the average of 2.9% for all Alerian MLP Index (AMZ) members and 3.0% […]
Midcoast Energy Partners’s (MEP) short interest as a percentage of its float is 1.2%. This is lower than the average of 2.9% for all Alerian MLP Index (AMZ) members and 3% for the energy sector.
Dominion Midstream Partners’s (DM) short interest as a percentage of its float is 5.2%. This is compared to the average of 2.8% for all Alerian MLP Index (AMZ) members and 2.9% for the energy sector.
Tallgrass Energy Partners’s (TEP) short interest as a percentage of its float is 9.2%. This compares to the average of 2.8% for all Alerian MLP Index (AMZ) members and 2.9% for the energy sector.
Energy Transfer Partners’ (ETP) has a short-interest-as-percentage-of-float ratio of 1.8%. The ratio has declined after increasing to 3.4% in March 2016.
Sunoco Logistics Partners’ short interest as a percentage of float is 1.5%. The ratio declined after increasing to 3.5% at the beginning of March 2016.
Enterprise Products Partners’ (EPD) short interest as a percentage of its float is 0.6% compared to the average of 2.8% for all Alerian MLP Index (AMZ) members.
NuStar Energy’s (NS) short interest as percentage ratio has continued to increase ahead of its 2Q16 earnings release. The ratio has increased to 5.7% compared to 1.3% during the beginning of 2016.
EQT Midstream Partners’ short interest as a percentage ratio has fallen to 1.1% after hitting 4.0% in March. The ratio is lower than the three-year average.
Rice Midstream Partners’ (RMP) short interest as a percentage has remained stable since the beginning of 2016, despite the volatility in commodity prices.
Energy Transfer Equity (ETE), which is mainly dependent upon distribution income from its MLP subsidiaries, declared a distribution of $0.29 per unit in 1Q16.
Hi-Crush Partners’ (HCLP) short interest as a percentage of float is nearly 3.9% compared to the average of 2.8% for the Alerian MLP Index (AMZ) members.
Hi-Crush Partners’ (HCLP) net-debt-to-equity ratio currently stands at 2.7x. The company had a total outstanding debt of $246 million at the end of 1Q16.
Nearly 20.9% of Calumet’s floating shares are held by ~139 institutional investors. The percentage of float held decreased from nearly 24.2% at the end of 1Q16.
CVR Refining’s (CVRR) short interest as a percentage of its float is 1.5% compared to the average of 2.8% for all of the Alerian MLP Index (AMZ) members.
