Last $22.70 USD
Change Today 0.00 / 0.00%
Volume 1.0M
MEMP On Other Exchanges
Symbol
Exchange
NASDAQ GS
As of 8:10 PM 09/19/14 All times are local (Market data is delayed by at least 15 minutes).

memorial production partners (MEMP) Snapshot

Open
$22.80
Previous Close
$22.70
Day High
$22.92
Day Low
$22.63
52 Week High
06/26/14 - $24.75
52 Week Low
11/19/13 - $19.30
Market Cap
2.0B
Average Volume 10 Days
811.6K
EPS TTM
$-0.29
Shares Outstanding
81.3M
EX-Date
08/1/14
P/E TM
--
Dividend
$2.20
Dividend Yield
9.69%
Current Stock Chart for MEMORIAL PRODUCTION PARTNERS (MEMP)

Related News

No related news articles were found.

memorial production partners (MEMP) Related Businessweek News

No Related Businessweek News Found

memorial production partners (MEMP) Details

Memorial Production Partners LP, through its subsidiary, is engaged in the acquisition, development, exploitation, and production of oil and natural gas properties. Its properties consist of operated and non-operated working interests in producing and undeveloped leasehold acreage, and working interests in identified producing wells principally located in Texas, Louisiana, Colorado, Wyoming, New Mexico, and offshore Southern California. As of December 31, 2013, its total estimated proved reserves were approximately 1,015 billion cubic feet of natural gas equivalent. Memorial Production Partners GP LLC serves as the general partner of Memorial Production Partners LP. The company was founded in 2011 and is headquartered in Houston, Texas.

Founded in 2011

memorial production partners (MEMP) Top Compensated Officers

Chairman of Memorial Production Partners GP L...
Total Annual Compensation: $368.5K
Chief Operating Officer of Memorial Productio...
Total Annual Compensation: $253.5K
Vice President of Memorial Production Partner...
Total Annual Compensation: $182.2K
Chief Accounting Officer of Memorial Producti...
Total Annual Compensation: $40.0K
Vice President of Corporate Development at Me...
Total Annual Compensation: $182.2K
Compensation as of Fiscal Year 2013.

memorial production partners (MEMP) Key Developments

Memorial Production Partners LP Presents at 5th annual DUG Eagle Ford Conference, Sep-16-2014 09:00 AM

Memorial Production Partners LP Presents at 5th annual DUG Eagle Ford Conference, Sep-16-2014 09:00 AM. Venue: Henry B. Gonzalez Convention Center, San Antonio, Texas, United States. Speakers: Gregory M. Robbins, Vice President of Corporate Development at Memorial Production Partners GP LLC.

Memorial Production Partners LP Presents at 2014 Citi One-on-One MLP / Midstream Infrastructure Conference, Aug-19-2014

Memorial Production Partners LP 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. Speakers: John A. Weinzierl, Chairman of Memorial Production Partners GP LLC and Chief Executive Officer of Memorial Production Partners GP LLC, Robert Lee Stillwell, Principal Financial Officer of Memorial Production Partners GP LLC and Vice President of Finance for Memorial Production Partners GP LLC.

Memorial Production Partners LP Reports Unaudited Earnings and Production Results for the Second Quarter and Six Months Ended June 30, 2014

Memorial Production Partners LP reported unaudited earnings and production results for the second quarter and six months ended June 30, 2014. For the quarter, the company's total revenues were $123,310,000 compared to $90,174,000 a year ago. Operating loss was $96,170,000 compared to operating income of $60,814,000 a year ago. Loss before income taxes was $114,206,000 compared to income before income taxes of $52,883,000 a year ago. Net loss was $114,206,000 compared to net income of $52,695,000 a year ago. Basic and diluted loss per share was $1.86 against basic and diluted earnings per share of $1.04 a year ago. Adjusted EBITDA was $73,755,000 against $55,689,000 a year ago. Net cash provided by operating activities was $48,029,000 against $40,094,000 a year ago. Capital expenditures were $21,375,000 against $9,600,000 a year ago. For the six months, the company's total revenues were $224,287,000 compared to $158,276,000 a year ago. Operating loss was $114,074,000 compared to operating income of $63,059,000 a year ago. Loss before income taxes was $148,188,000 compared to income before income taxes of $48,586,000 a year ago. Net loss was $148,263,000 compared to net income of $48,398,000 a year ago. Basic and diluted loss per share was $2.42 against basic and diluted earnings per share of $1.04 a year ago. Adjusted EBITDA was $128,797,000 against $98,537,000 a year ago. Net cash provided by operating activities was $96,052,000 against $81,865,000 a year ago. Capital expenditures were $38,167,000 against $17,388,000 a year ago. For the quarter, the company's oil production volumes 617 MBbls compared to 470 MBbls a year ago. NGLs production volumes was 524 MBbls compared to 416 MBbls a year ago. Natural gas production volumes was 10,965 MMcf compared to 9,129 MMcf a year ago. Average net production was 195.7 MMcfe/d compared to 158.9 MMcfe/d a year ago. For the six months, the company's oil production volumes 1,070 MBbls compared to 843 MBbls a year ago. NGLs production volumes was 944 MBbls compared to 704 MBbls a year ago. Natural gas production volumes was 20,677 MMcf compared to 16,776 MMcf a year ago. Average net production was 181.0 MMcfe/d compared to 144.0 MMcfe/d a year ago.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
MEMP:US $22.70 USD 0.00

MEMP Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Atlas Resource Partners LP $19.80 USD +0.29
EV Energy Partners LP $38.95 USD +0.15
Legacy Reserves LP $29.58 USD -0.35
QR Energy LP $20.37 USD -0.26
Vanguard Natural Resources LLC $28.83 USD -0.18
View Industry Companies
 

Industry Analysis

MEMP

Industry Average

Valuation MEMP Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 3.4x
Price/Book 3.9x
Price/Cash Flow NM Not Meaningful
TEV/Sales 2.0x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact MEMORIAL PRODUCTION PARTNERS, please visit www.memorialpp.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.