Last $15.57 USD
Change Today +0.09 / 0.58%
Volume 3.5M
BBEP On Other Exchanges
Symbol
Exchange
NASDAQ GS
Frankfurt
As of 8:10 PM 11/21/14 All times are local (Market data is delayed by at least 15 minutes).

breitburn energy partners lp (BBEP) Snapshot

Open
$15.95
Previous Close
$15.48
Day High
$16.05
Day Low
$15.33
52 Week High
07/23/14 - $23.15
52 Week Low
10/15/14 - $13.20
Market Cap
3.1B
Average Volume 10 Days
2.0M
EPS TTM
$0.16
Shares Outstanding
198.1M
EX-Date
12/4/14
P/E TM
97.9x
Dividend
$2.08
Dividend Yield
12.80%
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 Officer of Breitbu...
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

QR Energy, LP, QRE GP, LLC, Breitburn Energy Partners L.P., Breitburn GP, LLC and Boom Merger Sub, LLC Reach an Agreement in Principle to Settle Consolidated Unitholder Class Action Lawsuit on Behalf of QR Energy, LP's Common Unitholders

On November 10, 2014, QR Energy, LP, (‘QRE’), QRE GP, LLC (‘QRE GP’), Breitburn Energy Partners L.P. (‘Breitburn’), Breitburn GP, LLC (‘Breitburn GP’) and Boom Merger Sub, LLC (‘Merger Sub’) reached an agreement in principle to settle a consolidated unitholder class action lawsuit on behalf of QRE common unitholders filed in the United States District Court for the Southern District of Texas on the terms and conditions set forth in a memorandum of understanding. The Consolidated Unitholder Action, captioned In re QR Energy LP Unitholder Litigation, No. 4:14-cv-02195, names as defendants QRE, QRE GP, the members of the QRE GP board of directors, Breitburn, Breitburn GP and Merger Sub. Plaintiffs in the Consolidated Unitholder Action each allege that the director defendants breached their fiduciary duties of loyalty, due care, good faith, and independence owed to the QRE unitholders by allegedly approving the Agreement and Plan of Merger dated July 24, 2014, by and among QRE, Breitburn and Merger Sub, at an unfair price and through an unfair process. The settlement will not affect the timing of the special meeting of the QRE unitholders, which is scheduled to be held on November 18, 2014, or the amount of the consideration to be paid to QRE unitholders in connection with the proposed transaction. The settlement is not, and should not be construed as, an admission of wrongdoing or liability by any defendant. The defendants continue to believe that the Consolidated Unitholder Action is without merit and vigorously deny the allegations contained therein. However, to avoid the risk of the Consolidated Unitholder Action delaying or adversely affecting the merger, to minimize the substantial expense, burden, distraction and inconvenience of continued litigation and to fully and finally resolve the claims, QRE, Breitburn and Merger Sub have agreed to make these amended and supplemental disclosures to the Proxy Statement/Prospectus. The memorandum of understanding contemplates that the parties will enter into a stipulation of settlement. The memorandum of understanding further provides that, among other things, the parties will submit the Stipulation to the Delaware court for review and approval; the Stipulation will provide for dismissal with prejudice of the Consolidated Unitholder Action; all proceedings in the Consolidated Unitholder Action, except for those related to the settlement, shall be stayed and the plaintiffs agree to stay and not to initiate any other proceedings other than those incident to the settlement itself; the Stipulation will include a general release of defendants of all claims relating to the merger and related transactions and the proposed settlement is conditioned on, among other things, consummation of the merger, class certification and final approval of the settlement. In connection with the settlement of the Consolidated Unitholder Action, QRE and Breitburn have agreed to make the following amended and supplemental disclosures to the proxy statement/prospectus filed with the Securities and Exchange Commission on October 17, 2014.

Breitburn Energy Partners L.P. Presents at Jefferies 2014 Global Energy Conference, Nov-11-2014 11:30 AM

Breitburn Energy Partners L.P. Presents at Jefferies 2014 Global Energy Conference, Nov-11-2014 11:30 AM. Venue: St Regis Hotel, 1919 Briar Oaks Lane, Houston, Texas, United States.

Breitburn Energy Partners Declares Cash Dividend

Breitburn Energy Partners declared a cash dividend of $2.01 per share on an annualized basis, up 3% relative to third quarter of 2013.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
BBEP:US $15.57 USD +0.09

BBEP Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for BBEP.
View Industry Companies
 

Industry Analysis

BBEP

Industry Average

Valuation BBEP Industry Range
Price/Earnings -- Not Meaningful
Price/Sales -- Not Meaningful
Price/Book -- Not Meaningful
Price/Cash Flow -- Not Meaningful
TEV/Sales -- Not Meaningful
 | 

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.