Last $22.28 USD
Change Today +0.22 / 1.00%
Volume 480.8K
As of 8:10 PM 08/20/14 All times are local (Market data is delayed by at least 15 minutes).

breitburn energy partners lp (BBEP) Snapshot

Open
$22.13
Previous Close
$22.06
Day High
$22.35
Day Low
$22.01
52 Week High
07/23/14 - $23.15
52 Week Low
10/1/13 - $17.10
Market Cap
2.7B
Average Volume 10 Days
507.1K
EPS TTM
$-0.14
Shares Outstanding
120.5M
EX-Date
08/7/14
P/E TM
--
Dividend
$2.01
Dividend Yield
8.92%
Current Stock Chart for BREITBURN ENERGY PARTNERS LP (BBEP)

breitburn energy partners lp (BBEP) Related Businessweek News

No Related Businessweek News Found

breitburn energy partners lp (BBEP) Details

BreitBurn Energy Partners L.P., an independent oil and gas company, acquires, explores, and develops oil, natural gas liquids (NGLs), and gas properties in the United States. The company’s oil, NGL, and natural gas properties are primarily located in the Antrim Shale and other non-Antrim formations in Michigan; the Oklahoma Panhandle, the Permian Basin in Texas; the Evanston, Green River, Wind River, Big Horn, and Powder River Basins in Wyoming; the Los Angeles and San Joaquin Basins in California; the Sunniland Trend in Florida; and the New Albany Shale in Indiana and Kentucky. As of December 31, 2013, the company had proved reserves of 214.3 million barrels of oil equivalent. BreitBurn GP, LLC serves as the general partner of BreitBurn Energy Partners L.P. The company was founded in 2006 and is headquartered in Los Angeles, California.

563 Employees
Last Reported Date: 02/28/14
Founded in 2006

breitburn energy partners lp (BBEP) Top Compensated Officers

Chief Executive Officer of Breitburn GP LLC a...
Total Annual Compensation: $882.4K
President of Breitburn GP LLC and Chief Opera...
Total Annual Compensation: $626.7K
Chief Financial Officer of BreitBurn GP LLC a...
Total Annual Compensation: $515.4K
Chief Administrative Officer of BreitBurn GP ...
Total Annual Compensation: $512.2K
Senior Vice President of Breitburn GP LLC
Total Annual Compensation: $444.7K
Compensation as of Fiscal Year 2013.

breitburn energy partners lp (BBEP) Key Developments

Breitburn Energy Partners L.P. Presents at 2014 Citi One-on-One MLP / Midstream Infrastructure Conference, Aug-19-2014

Breitburn Energy Partners L.P. Presents at 2014 Citi One-on-One MLP / Midstream Infrastructure Conference, Aug-19-2014 . Venue: Encore at Wynn Las Vegas, 3121 Las Vegas Boulevard South, Las Vegas, NV 89109, United States.

Breitburn Energy Partners L.P. Announces Monthly Cash Distributions for Common and Preferred Units Payable on August 14, 2014 and September 15, 2014

Breitburn Energy Partners L.P. announced a cash distribution of $0.1675 per common unit for the second month attributable to the second quarter of 2014, payable on August 14, 2014, to record holders of its common units at the close of business on August 11, 2014. The company announced a cash distribution for its 8.25% Series A Cumulative Redeemable Perpetual Preferred Units of $0.171875 per Series A Unit, payable on September 15, 2014, to record holders of its Series A Units at the close of business on August 29, 2014. This monthly distribution rate is equal to an annual distribution of $2.0625 per Series A Unit.

Breitburn Energy Partners LP Reports Unaudited Consolidated Earnings and Production Results for the Second Quarter and Six Months Ended June 30, 2014; Provides Earnings and Production Guidance for the Second Half of 2014

Breitburn Energy Partners LP reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported total revenues and other income items of $93.12 million compared to $216.98 million a year ago. Operating loss was $74.94 million compared to operating income of $95.42 million a year ago. Loss before taxes was $104.88 million compared to income before taxes of $77.01 million a year ago. Net loss attributable to common unit holders was $106.56 million or $0.89 per basic and diluted share compared to net income attributable to common unit holders of $76.43 million or $0.75 per basic and diluted share a year ago. The company drilled and completed 33 gross (30.4 net) wells and completed 14 gross (13.7 net) work overs. Adjusted EBITDA, a non-GAAP financial measure, was $110.0 million, which represents a 30% increase from the second quarter of 2013. For the six months, the company reported total revenues and other income items of $278.03 million compared to $313.93 million a year ago. Operating loss was $54.54 million compared to operating income of $77.57 million a year ago. Loss before taxes was $114.63 million compared to income before taxes of $40.74 million a year ago. Net loss attributable to common unit holders was $116.32 million or $0.97 per basic and diluted share compared to net income attributable to common unit holders of $40.13 million or $0.41 per basic and diluted share a year ago. Net cash provided by operating activities was $191.11 million compared to $97.42 million a year ago. Capital expenditures were $188.76 million compared to $100.21 million a year ago. The company reported production results for the second quarter of 2014. For the quarter, the company reported total oil production of 1,901 MBbl compared to 1,163 MBbl a year ago. NGLs production was 279 MBbl compared to 124 MBbl a year ago. Natural gas production was 7,163 MMcf compared to 6,994 MMcf a year ago. The company provided production guidance for the second half of 2014. Excluding the effect of any acquisitions, the company is forecasting total production for the second half of 2014 to be between 6.8 million and 7.2 million Boe, with oil production now expected to be between 3.8 million and 4.2 million barrels, and still expects to achieve its targeted December 2014 production exit rate of between 38,400 and 40,800 Boe/d. This revised production outlook is principally due to the recent performance of its operations in the Permian Basin. The company also expects second half Adjusted EBITDA to be between $235 million and $255 million, principally as a result of lower expected oil revenues. Total oil and gas capital expenditures for the second half of 2014 are expected to be between $170 million and $180 million.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
BBEP:US $22.28 USD +0.22

BBEP Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Atlas Energy LP $44.08 USD +0.08
EV Energy Partners LP $39.40 USD +0.34
Legacy Reserves LP $30.84 USD +0.34
Rosetta Resources Inc $48.80 USD -1.25
Vanguard Natural Resources LLC $29.98 USD +0.23
View Industry Companies
 

Industry Analysis

BBEP

Industry Average

Valuation BBEP Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 3.2x
Price/Book 1.5x
Price/Cash Flow 24.2x
TEV/Sales 0.8x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact BREITBURN ENERGY PARTNERS LP, please visit www.breitburn.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.