VTTI Energy Partners LP
Transmontaigne Partners: Best Midstream MLP Performer on September 29
Transmontaigne Partners (TLP) was the best performer among midstream MLPs at the end of trading on Tuesday, September 29. It rose 2.09%.
Analysis of Buckeye Partners’ Cash Flow Measures
Buckeye Partners’ capital expenditures for the first nine months of 2015 were ~$433.1 million. This is 43.9% higher than what it spent during the first nine months of 2014.
Key Analysis of Buckeye Partners’ Leverage Situation
Buckeye Partners borrowed ~$1.1 billion under its credit facility in the first nine months of 2015. It repaid ~$0.84 billion under the same facility.
Moving Average Indicates a Bearish Trend for Buckeye Partners
Buckeye Partners has lost 20.9% of its market value during the past year, out of which 15.6% has been lost this year. The recent decline in its stock price can be attributed to the huge decline in crude prices since the start of 2016.
Phillips 66 Partners: Top Midstream MLP Loser on September 3
Phillips 66 Partners (PSXP) was the top loser among midstream MLPs at the end of trading on Thursday, September 3. It fell 3.13% yesterday.