Memorial Production Partners LP Company Profile (NASDAQ:MEMP)

About Memorial Production Partners LP (NASDAQ:MEMP)

Memorial Production Partners LP logoMemorial Production Partners LP (the Partnership) owns, acquires and exploits oil and natural gas properties in North America. The Partnership is owned by its limited partners and general partner. Its general partner is responsible for managing all of the Partnership's operations and activities. The Partnership operates in the acquisition, exploitation, development and production of oil and natural gas properties segment. Its business activities are conducted through Memorial Production Operating LLC (OLLC) and its wholly owned subsidiaries. Its assets consist primarily of producing oil and natural gas properties, and are located in East Texas/Louisiana, Rockies, Offshore Southern California, Permian Basin and South Texas. Most of its oil and natural gas properties are located in oil and natural gas reservoirs with geologic characteristics and production profiles and capital requirements.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Independent Oil & Gas
  • Sub-Industry: N/A
  • Symbol: NASDAQ:MEMP
  • CUSIP: N/A
  • Web: www.memorialpp.com
Average Prices:
  • 50 Day Moving Avg: $0.13
  • 200 Day Moving Avg: $0.22
  • 52 Week Range: $0.10 - $2.19
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -0.29
  • P/E Growth: 0.000
Profitability:
  • Net Margins: -51.57%
  • Return on Equity: -44.22%
  • Return on Assets: -8.73%
Debt:
  • Debt-to-Equity Ratio: 4.28%
  • Current Ratio: 2.28%
  • Quick Ratio: 2.28%
Misc:
  • Average Volume: 1.33 million shs.
  • Beta: 1.3
 

Frequently Asked Questions for Memorial Production Partners LP (NASDAQ:MEMP)

What is Memorial Production Partners LP's stock symbol?

Memorial Production Partners LP trades on the NASDAQ under the ticker symbol "MEMP."

How often does Memorial Production Partners LP pay dividends? What is the dividend yield for Memorial Production Partners LP?

Memorial Production Partners LP announced a quarterly dividend on Wednesday, July 27th. Investors of record on Friday, August 5th will be paid a dividend of $0.03 per share on Friday, August 12th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 96.00%. The ex-dividend date is Wednesday, August 3rd. View Memorial Production Partners LP's Dividend History.

How were Memorial Production Partners LP's earnings last quarter?

Memorial Production Partners LP (NASDAQ:MEMP) released its quarterly earnings data on Tuesday, November, 1st. The company reported ($0.39) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of ($0.06) by $0.33. The business earned $74.22 million during the quarter, compared to the consensus estimate of $106.51 million. Memorial Production Partners LP had a negative return on equity of 44.22% and a negative net margin of 51.57%. The company's revenue for the quarter was down 15.7% on a year-over-year basis. During the same period last year, the business earned ($2.31) EPS. View Memorial Production Partners LP's Earnings History.

Where is Memorial Production Partners LP's stock going? Where will Memorial Production Partners LP's stock price be in 2017?

5 analysts have issued 1 year price objectives for Memorial Production Partners LP's shares. Their forecasts range from $1.00 to $1.80. On average, they anticipate Memorial Production Partners LP's share price to reach $1.40 in the next year. View Analyst Ratings for Memorial Production Partners LP.

Are investors shorting Memorial Production Partners LP?

Memorial Production Partners LP saw a drop in short interest in the month of April. As of April 13th, there was short interest totalling 547,326 shares, a drop of 58.2% from the March 31st total of 1,309,609 shares. Based on an average trading volume of 1,395,692 shares, the short-interest ratio is presently 0.4 days. Currently, 0.7% of the company's stock are short sold.

Who are some of Memorial Production Partners LP's key competitors?

How do I buy Memorial Production Partners LP stock?

Shares of Memorial Production Partners LP can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Memorial Production Partners LP stock cost?

One share of Memorial Production Partners LP stock can currently be purchased for approximately $0.13.

Analyst Ratings

Consensus Ratings for Memorial Production Partners LP (NASDAQ:MEMP) (?)
Ratings Breakdown: 3 Sell Ratings, 2 Hold Ratings
Consensus Rating:Sell (Score: 1.40)
Consensus Price Target: $1.40 (1,020.00% upside)

Analysts' Ratings History for Memorial Production Partners LP (NASDAQ:MEMP)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
11/1/2016Goldman Sachs Group IncReiterated RatingSellN/AView Rating Details
10/31/2016FBR & CoDowngradeOutperform -> Market Perform$3.50 -> $1.00N/AView Rating Details
10/31/2016Stifel NicolausDowngradeHold -> SellN/AView Rating Details
10/21/2016Raymond James Financial, Inc.DowngradeMarket Perform -> UnderperformN/AView Rating Details
9/29/2016Citigroup IncReiterated RatingHold$1.80N/AView Rating Details
2/23/2016Bank of America CorpDowngradeNeutral -> UnderperformN/AView Rating Details
2/18/2016Wells Fargo & CoDowngradeMarket Perform -> UnderperformN/AView Rating Details
2/12/2016Ladenburg Thalmann Financial ServicesDowngradeBuy -> NeutralN/AView Rating Details
12/30/2015Morgan StanleyDowngradeOverweight -> Equal Weight$8.00 -> $6.00N/AView Rating Details
12/18/2015Barclays PLCLower Price TargetEqual Weight$6.00 -> $1.50N/AView Rating Details
11/5/2015WunderlichDowngradeBuy -> Hold$10.00 -> $5.00N/AView Rating Details
8/13/2015JPMorgan Chase & Co.DowngradeOverweight -> Neutral$16.00 -> $11.00N/AView Rating Details
8/7/2015Oppenheimer Holdings Inc.Reiterated RatingSellN/AView Rating Details
8/6/2015Royal Bank of CanadaDowngradeOutperform -> Sector Perform$21.00 -> $9.00N/AView Rating Details
(Data available from 5/28/2015 forward)

Earnings

Earnings History for Memorial Production Partners LP (NASDAQ:MEMP)
Earnings by Quarter for Memorial Production Partners LP (NASDAQ:MEMP)
Earnings History by Quarter for Memorial Production Partners LP (NASDAQ:MEMP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/1/2016Q3 2016($0.06)($0.39)$106.51 million$74.22 millionViewN/AView Earnings Details
8/3/2016Q216($0.01)($1.78)$121.62 million$68.06 millionViewN/AView Earnings Details
5/4/2016Q116($0.03)($0.46)$131.45 million$60.87 millionViewN/AView Earnings Details
2/24/2016Q415($0.04)$0.88$120.99 million$79.10 millionViewListenView Earnings Details
11/4/2015Q315$0.12($1.39)$133.01 million$88.10 millionViewN/AView Earnings Details
8/5/2015Q215$0.21($0.88)$141.51 million$98.14 millionViewN/AView Earnings Details
5/6/2015Q115$0.25$0.04$131.04 million$92.80 millionViewN/AView Earnings Details
2/25/2015Q414$0.37$0.52$141.30 million$122.58 millionViewN/AView Earnings Details
11/5/2014Q314$0.53$0.01$168.02 million$147.20 millionViewN/AView Earnings Details
8/6/2014Q214$0.44$0.39$115.10 million$123.30 millionViewN/AView Earnings Details
5/7/2014Q1$0.43$0.20$106.47 million$100.90 millionViewN/AView Earnings Details
11/7/2013$0.48$0.16ViewN/AView Earnings Details
5/8/2013Q1 2013$0.47$0.44ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Memorial Production Partners LP (NASDAQ:MEMP)
2017 EPS Consensus Estimate: ($0.23)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171($0.06)($0.06)($0.06)
Q2 20171($0.06)($0.06)($0.06)
Q3 20171($0.05)($0.05)($0.05)
Q4 20171($0.06)($0.06)($0.06)
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Memorial Production Partners LP (NASDAQ:MEMP)
Most Recent Dividend:8/12/2016
Annual Dividend:$0.06
Dividend Yield:48.00%
Payout Ratio:-3.43% (Trailing 12 Months of Earnings)
-26.09% (Based on This Year's Estimates)
-13.95% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Memorial Production Partners LP (NASDAQ:MEMP)

Dividend History by Quarter for Memorial Production Partners LP (NASDAQ:MEMP)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/27/2016Quarterly$0.038/3/20168/5/20168/12/2016
4/26/2016Quarterly$0.035/4/20165/6/20165/13/2016
1/27/2016Quarterly$0.102/3/20162/5/20162/12/2016
10/27/2015Quarterly$0.3011/3/201511/5/201511/12/2015
7/27/2015$0.558/3/20158/5/20158/12/2015
4/27/2015quarterly$0.5512.46%5/4/20155/6/20155/13/2015
1/27/2015quarterly$0.5512.96%2/3/20152/5/20152/12/2015
10/24/2014quarterly$0.5510.38%11/3/201411/5/201411/12/2014
7/25/2014quarterly$0.559.39%8/1/20148/5/20148/12/2014
4/25/2014quarterly$0.559.5%5/2/20145/6/20145/13/2014
1/27/2014quarterly$0.5510.01%2/4/20142/6/20142/13/2014
10/25/2013quarterly$0.5510.42%10/30/201311/1/201311/12/2013
7/19/2013quarterly$0.5110.23%7/30/20138/1/20138/12/2013
4/22/2013quarterly$0.5110.26%4/29/20135/1/20135/13/2013
1/23/2013quarterly$0.5110.71%1/30/20132/1/20132/13/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Memorial Production Partners LP (NASDAQ:MEMP)
Insider Ownership Percentage: 1.51%
Institutional Ownership Percentage: 5.51%
Insider Trades by Quarter for Memorial Production Partners LP (NASDAQ:MEMP)
Institutional Ownership by Quarter for Memorial Production Partners LP (NASDAQ:MEMP)
Insider Trades by Quarter for Memorial Production Partners LP (NASDAQ:MEMP)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/19/2015Mrd Holdco LlcInsiderSell190,514$15.00$2,857,710.00View SEC Filing  
4/20/2015Mrd Holdco LlcInsiderSell508,735$17.08$8,689,193.80View SEC Filing  
11/14/2014Robert L Jr. StillwellVPBuy3,120$16.12$50,294.40View SEC Filing  
11/14/2014William J ScarffPresidentBuy3,000$16.34$49,020.00View SEC Filing  
11/13/2014Kyle N RoaneSVPBuy3,100$15.78$48,918.00View SEC Filing  
11/12/2014Robert A InnamoratiDirectorBuy9,400$17.26$162,244.00View SEC Filing  
11/11/2014John A WeinzierlCEOBuy60,000$16.72$1,003,200.00View SEC Filing  
11/11/2014William J ScarffPresidentBuy3,000$16.85$50,550.00View SEC Filing  
6/6/2014Robert A InnamoratiDirectorBuy21,344$22.48$479,813.12View SEC Filing  
8/13/2013Robert InnamoratiDirectorBuy24,292$20.68$502,358.56View SEC Filing  
8/12/2013Jonathan ClarksonDirectorBuy5,000$20.79$103,950.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Memorial Production Partners LP (NASDAQ:MEMP)
Latest Headlines for Memorial Production Partners LP (NASDAQ:MEMP)
Source:
DateHeadline
finance.yahoo.com logoEdited Transcript of MEMP earnings conference call or presentation 5-Nov-14 4:00pm GMT
finance.yahoo.com - May 9 at 6:12 PM
bizjournals.com logoHouston energy co. emerges from bankruptcy under new name
www.bizjournals.com - May 5 at 11:45 PM
feeds.benzinga.com logoMemorial Production Partners Successfully Completes Financial Restructuring
feeds.benzinga.com - May 4 at 8:25 PM
americanbankingnews.com logoMemorial Production Partners (MEMP) Receives Coverage Optimism Rating of 0.31
www.americanbankingnews.com - May 3 at 11:20 AM
americanbankingnews.com logoSomewhat Favorable Press Coverage Very Likely to Impact Memorial Production Partners (MEMP) Stock Price
www.americanbankingnews.com - April 29 at 6:11 PM
americanbankingnews.com logoMemorial Production Partners LP (MEMP) Short Interest Down 58.2% in April
www.americanbankingnews.com - April 29 at 7:20 AM
americanbankingnews.com logoSomewhat Critical Press Coverage Very Likely to Affect Memorial Production Partners (MEMP) Stock Price
www.americanbankingnews.com - April 20 at 8:51 AM
americanbankingnews.com logoMemorial Production Partners (MEMP) Earning Somewhat Critical News Coverage, AlphaOne Reports
www.americanbankingnews.com - April 17 at 2:29 PM
americanbankingnews.com logoMemorial Production Partners LP (MEMP) Given Average Recommendation of "Hold" by Analysts
www.americanbankingnews.com - April 11 at 4:36 PM
finance.yahoo.com logoMEMORIAL PRODUCTION PARTNERS LP Financials
finance.yahoo.com - March 16 at 7:12 PM
biz.yahoo.com logoMEMORIAL PRODUCTION PARTNERS LP Files SEC form 10-K, Annual Report
biz.yahoo.com - March 10 at 7:44 PM
biz.yahoo.com logoMEMORIAL PRODUCTION PARTNERS LP Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits
biz.yahoo.com - February 28 at 6:36 PM
moodys.com logoMemorial Production Partners LP -- Moody's downgrades MEMP's PDR to D-PD on bankruptcy filing
www.moodys.com - February 1 at 7:20 PM
seekingalpha.com logoMemorial Production Partners LP (MEMP)
seekingalpha.com - January 23 at 6:49 PM
biz.yahoo.com logoMEMORIAL PRODUCTION PARTNERS LP Files SEC form 8-K, Notice of Delisting or Failure to Satisfy a Continued Listing Rul
biz.yahoo.com - January 23 at 6:49 PM
seekingalpha.com logoMemorial Production Partners Bankruptcy Analysis
seekingalpha.com - January 23 at 10:16 AM
bizjournals.com logoHouston MLP files Ch. 11 after more lenders get on board with restructuring plan - Houston Business Journal
www.bizjournals.com - January 19 at 12:02 AM
streetinsider.com logoMemorial Production Partners (MEMP) Files Chapter 11 Bankruptcy - StreetInsider.com
www.streetinsider.com - January 19 at 12:02 AM
streetinsider.com logoMemorial Production Partners (MEMP) Files Chapter 11 Bankruptcy
www.streetinsider.com - January 17 at 6:50 PM
seekingalpha.com logoMemorial Production Partners files for Chapter 11
seekingalpha.com - January 17 at 11:50 AM
us.rd.yahoo.com logoMemorial Production Partners LP Commences Court-Supervised Financial Restructuring Process
us.rd.yahoo.com - January 17 at 11:50 AM
biz.yahoo.com logoMEMORIAL PRODUCTION PARTNERS LP Files SEC form 8-K, Bankruptcy or Receivership, Triggering Events That Accelerate or
biz.yahoo.com - January 17 at 11:50 AM
bizjournals.com logoHouston MLP files Ch. 11 after more lenders get on board with restructuring plan
www.bizjournals.com - January 17 at 11:50 AM
finance.yahoo.com logo4:12 pm Memorial Production Partners reaches plan support agreement with lenders on comprehensive financial restructuring to deleverage balance sheet
finance.yahoo.com - January 15 at 6:05 PM

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Chart

Memorial Production Partners LP (MEMP) Chart for Sunday, May, 28, 2017

This page was last updated on 5/28/2017 by MarketBeat.com Staff