Tag: L.P.

  • Oil & Gas New Highs: Plains All American Pipeline (NYSE:PAA), Magellan Midstream Partners (NYSE:MMP), Genesis Energy (NYSE:GEL), SXL

    Equities research analysts at Jefferies Group raised their target price on shares of Plains All American Pipeline, L.P. (NYSE:PAA), from $58.00 to $59.00 in a research note issued to investors on Thursday, StockRatingsNetworkreports. Plains All American Pipeline, L.P. (NYSE:PAA), shares after opening at $56.40 moved to $57.26 on last trade day and at the end of the day closed at $57.20. Company price to sales ratio in past twelve months was calculated as 0.49 and price to cash ratio as 502.10. Plains All American Pipeline, L.P. (NYSE:PAA), showed a positive weekly performance of 2.84%.

    The board of directors of Magellan Midstream Partners, L.P. (NYSE:MMP), has increased the partnership’s quarterly cash distribution to 61.25 cents per unit for the period Jan. 1 through March 31, 2014, representing the 48 th distribution increase since its initial public offering in 2001. Magellan Midstream Partners, L.P. (NYSE:MMP), shares advanced 1.62% in last trading session and ended the day on $75.37. Magellan Midstream Partners, L.P. (NYSE:MMP), return on equity ratio is recorded as 37.10% and its return on assets is 12.80%. Magellan Midstream Partners, L.P. (NYSE:MMP), yearly performance is 49.19%.

    On May 02, 2014, Genesis Energy, L.P. (NYSE:GEL), announced its first quarter results. Our results for the quarter ended March 31, 2014. Genesis Energy, L.P. (NYSE:GEL), shares moved up 0.51% in last trading session and was closed at $56.74, while trading in range of $ 56.23 – 57.17. Genesis Energy, L.P. (NYSE:GEL), year to date (YTD) performance is 10.11%.

    On April 23, 2014, Sunoco Logistics Partners L.P. (NYSE:SXL), announced that Sunoco Partners LLC, its general partner, has declared a cash distribution for the first quarter 2014 of $0.6950 per common unit ($2.78 annualized) to be paid on May 15, 2014 to unit holders of record on May 9, 2014. Sunoco Logistics Partners L.P. (NYSE:SXL), weekly performance is 3.93%. On last trading day company shares ended up $92.55. Sunoco Logistics Partners L.P. (NYSE:SXL), distance from 50-day simple moving average (SMA50) is 7.28%. Analysts mean target Price for the company is $82.75.