Tag: FGP

  • Basic Material New Highs: Callon Petroleum Company (NYSE:CPE), Energy Transfer Equity LP (NYSE:ETE), Ferrellgas Partners (NYSE:FGP), Emerge Energy Services (NYSE:EMES)

    Callon Petroleum Company (NYSE:CPE) on 8 may reported results of operations for the three-month period ended March 31, 2014. Callon Petroleum Company (NYSE:CPE) net profit margin is -0.30% and weekly performance is 1.72%. On last trading day company shares ended up $9.47. Analysts mean target price for the company is $9.55. Callon Petroleum Company (NYSE:CPE) distance from 50-day simple moving average (SMA50) is 11.97%.

    Last month, Energy Transfer Partners Equity LP (NYSE:ETE) announced first-quarter distribution of 93.5 cents per unit ($3.74 per unit annualized), representing a sequential increase of about 1.6%. The distribution is payable on May 15, 2014, to unitholders of record as of May 5. Energy Transfer Equity LP (NYSE:ETE) shares advanced 0.26% in last trading session and ended the day on $49.54. ETE gross Margin is 12.10% and its return on assets is 0.40%.Energy Transfer Equity LP (NYSE:ETE) quarterly performance is 21.30%.

    Ferrellgas Partners, L.P. (NYSE:FGP), one of the nation’s largest distributors of propane, announced the acquisition of Viking Propane, an independent propane company based in Madison, Calif. Specific terms of the transaction, which the company indicates will be immediately accretive, were not disclosed. Ferrellgas Partners, L.P. (NYSE:FGP) shares moved up 0.98% in last trading session and was closed at $25.80, while trading in range of $25.44 – $25.80. Ferrellgas Partners, L.P. (NYSE:FGP) year to date (YTD) performance is 14.67%.

    Emerge Energy Services LP (NYSE:EMES) released its financial results for 1Q14. The net income was $18.5 million for the 1Q14 as compared to $9.9 million in 1Q13. The adjusted EBITDA reported was $28 million in 1Q14 as compared to $17.3 million in 1Q13. The distributable cash flow was $25.1 million for 1Q14. Emerge Energy has announced a distribution of $1.13 per unit for 1Q14, including $0.05 of distributable cash flow which was reserved in 3Q14. Emerge Energy Services LP (NYSE:EMES) ended the last trading day at $86.41. Company weekly volatility is calculated as 4.39% and price to cash ratio as 928.12.Emerge Energy Services LP (NYSE:EMES) showed a positive weekly performance of 15.14%.