Last $29.42 USD
Change Today -0.10 / -0.34%
Volume 85.3K
EXLP On Other Exchanges
Symbol
Exchange
NASDAQ GS
As of 8:10 PM 04/16/14 All times are local (Market data is delayed by at least 15 minutes).

exterran partners lp (EXLP) Snapshot

Open
$29.46
Previous Close
$29.52
Day High
$29.96
Day Low
$29.25
52 Week High
07/15/13 - $32.39
52 Week Low
12/12/13 - $25.61
Market Cap
1.6B
Average Volume 10 Days
206.2K
EPS TTM
$1.13
Shares Outstanding
55.7M
EX-Date
02/6/14
P/E TM
26.0x
Dividend
$2.13
Dividend Yield
7.14%
Current Stock Chart for EXTERRAN PARTNERS LP (EXLP)

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exterran partners lp (EXLP) Details

Exterran Partners, L.P., together with its subsidiaries, provides natural gas contract operations services to customers in the United States. Its contract operations services comprise designing, sourcing, owning, installing, operating, servicing, repairing, and maintaining equipment to provide natural gas compression services to its customers. The company also owns and operates a natural gas processing plant to provide processing services. Its customers consist of companies engaged in various aspects of the oil and natural gas industry, including natural gas producers, processors, gatherers, transporters, and storage providers. Exterran Partners, L.P. markets its services through sales and field service personnel. Exterran General Partner, L.P. operates as a general partner of the company. The company was formerly known as Universal Compression Partners, L.P. and changed its name to Exterran Partners, L.P. in August 2007. Exterran Partners, L.P. was founded in 2006 and is headquartered in Houston, Texas.

Founded in 2006

exterran partners lp (EXLP) Top Compensated Officers

Chairman of Exterran Gp Llc, Chief Executive ...
Total Annual Compensation: $615.4K
Chief Financial Officer of Exterran GP LLC, S...
Total Annual Compensation: $286.5K
Senior Vice President of Exterran GP LLC, Dir...
Total Annual Compensation: $362.7K
Senior Vice President of Exterran GP LLC and...
Total Annual Compensation: $347.2K
Senior Vice President of Exterran GP LLC
Total Annual Compensation: $334.2K
Compensation as of Fiscal Year 2013.

exterran partners lp (EXLP) Key Developments

Exterran Partners, L.P. and EXLP Finance Corp. Enters into Purchase Agreement with Wells Fargo Securities, LLC

As previously disclosed, on March 31, 2014, Exterran Partners, L.P. and EXLP Finance Corp. and certain of subsidiaries, as guarantors entered into a Purchase Agreement with Wells Fargo Securities, LLC, as representative of the initial purchasers named therein pursuant to which Exterran agreed to sell $350.0 million in aggregate principal amount of 6% Senior Notes due 2022. On April 7, 2014, Exterran issued the Notes pursuant to an Indenture, by and among us, EXLP Finance Corp., the Guarantors and Wells Fargo Bank, National Association, as trustee. The company issued the Notes pursuant to the Indenture in a transaction exempt from registration requirements under the Securities Act of 1933, as amended. The Notes were resold to qualified institutional buyers pursuant to Rule 144A under the Securities Act and to non-U.S. persons outside the United States pursuant to Regulation S under the Securities Act. The Notes will mature on October 1, 2022. The interest payment dates are April 1 and October 1 of each year, beginning on October 1, 2014. Prior to April 1, 2018, Exterran may redeem all or a part of the Notes at a redemption price equal to the sum of the principal amount thereof, plus a make-whole premium at the redemption date, plus accrued and unpaid interest, if any, to the redemption date. In addition, Exterran may redeem up to 35% of the aggregate principal amount of the Notes prior to April 1, 2017 with the net proceeds of one or more equity offerings at a redemption price of 106.000% of the principal amount of the Notes, plus any accrued and unpaid interest to the date of redemption, if at least 65% of the aggregate principal amount of the Notes issued under the Indenture remains outstanding after such redemption and the redemption occurs within 180 days of the date of the closing of such equity offering. On or after April 1, 2018, the company may redeem all or a part of the Notes at redemption prices equal to 103.000% for the twelve-month period beginning on April 1, 2018, 101.500% for the twelve-month period beginning on April 1, 2019 and 100.000% for the twelve-month period beginning on April 1, 2020 and at any time thereafter, plus accrued and unpaid interest, if any, to the applicable redemption date on the Notes.

Exterran Partners, L.P. Increases the Size of its Private Offering of Senior Notes Due 2022 to $350.0 Million from $300.0 Million

Exterran Partners, L.P. announced that it has increased the size of its previously announced private offering of senior notes due 2022 to $350.0 million from $300.0 million. The senior notes carry a coupon interest rate of 6% and are being sold at 98.371% of par, which equates to an effective yield to maturity of 6.25%. Exterran Partners intends to use all of the net proceeds of this offering (i) to fund a portion of the purchase price of its pending acquisition of natural gas compression assets from MidCon Compression, and (ii) for the repayment of borrowings outstanding under its revolving credit facility. Amounts repaid under its revolving credit facility may be reborrowed in accordance with the terms of the facility. Pending such use, all of the proceeds from this offering will be placed into an escrow account. The offering is expected to close on April 7, subject to the satisfaction of customary closing conditions.

Exterran Partners, L.P. Announces Private Offering of Senior Notes

Exterran Partners, L.P. announced that, it intends to commence a private offering to eligible purchasers of $300.0 million in aggregate principal amount of senior notes due 2022. Exterran Partners intends to use all of the net proceeds of this offering to fund a portion of the purchase price of its pending acquisition of natural gas compression assets from MidCon Compression, L.L.C., and for the repayment of borrowings outstanding under its revolving credit facility. Amounts repaid under its revolving credit facility may be reborrowed in accordance with the terms of the facility. Pending such use, all of the proceeds from this offering (less initial purchaser discounts) will be placed into an escrow account. The notes have not been registered under the Securities Act of 1933, as amended (the 'Securities Act'), or any state securities laws, and unless so registered, the notes may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state securities laws. The notes may only be offered and sold to qualified institutional buyers pursuant to Rule 144A and to non-U.S. persons pursuant to Regulation S. This announcement is being issued pursuant to Rule 135c under the Securities Act and shall not constitute an offer to sell or the solicitation of an offer to buy the notes.

 

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EXLP

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Valuation EXLP Industry Range
Price/Earnings 25.1x
Price/Sales 3.1x
Price/Book 2.5x
Price/Cash Flow 10.3x
TEV/Sales 1.9x
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