Memorial Production Partners LP Company Profile (NASDAQ:MEMP)

About Memorial Production Partners LP

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
  • Exchange: NASDAQ
  • Symbol: MEMP
  • CUSIP:
Key Metrics:
  • Previous Close: $0.15
  • 50 Day Moving Average: $0.1779
  • 200 Day Moving Average: $0.8962
  • 52-Week Range: $0.12 - $3.21
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -0.69
  • P/E Growth: 0.0000
  • Market Cap: $13.23M
  • Beta: 1.3
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%
Additional Links:
Companies Related to Memorial Production Partners LP:

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 (787.20% upside)

Analysts' Ratings History for Memorial Production Partners LP (NASDAQ:MEMP)
Show:
DateFirmActionRatingPrice TargetDetails
11/1/2016Goldman Sachs Group, Inc. (The)Reiterated RatingSellView Rating Details
10/31/2016FBR & CoDowngradeOutperform -> Market Perform$3.50 -> $1.00View Rating Details
10/31/2016Stifel NicolausDowngradeHold -> SellView Rating Details
10/21/2016Raymond James Financial, Inc.DowngradeMarket Perform -> UnderperformView Rating Details
9/29/2016Citigroup Inc.Reiterated RatingHold$1.80View Rating Details
2/23/2016Bank of America CorpDowngradeNeutral -> UnderperformView Rating Details
2/18/2016Wells Fargo & CoDowngradeMarket Perform -> UnderperformView Rating Details
2/12/2016Ladenburg Thalmann Financial ServicesDowngradeBuy -> NeutralView Rating Details
12/30/2015Morgan StanleyDowngradeOverweight -> Equal Weight$8.00 -> $6.00View Rating Details
12/18/2015Barclays PLCLower Price TargetEqual Weight$6.00 -> $1.50View Rating Details
11/5/2015WunderlichDowngradeBuy -> Hold$10.00 -> $5.00View Rating Details
8/13/2015J P Morgan Chase & CoDowngradeOverweight -> Neutral$16.00 -> $11.00View Rating Details
8/7/2015Oppenheimer Holdings, Inc.Reiterated RatingSellView Rating Details
8/6/2015Royal Bank of CanadaDowngradeOutperform -> Sector Perform$21.00 -> $9.00View Rating Details
5/8/2015MLV & Co.Reiterated RatingBuy$20.00View Rating Details
(Data available from 2/25/2015 forward)

Earnings

Earnings History for Memorial Production Partners LP (NASDAQ:MEMP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
3/6/2017        
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$0.30$0.55$141.30 million$122.58 millionViewN/AView Earnings Details
11/5/2014Q314$0.56$1.39$168.02 million$147.20 millionViewN/AView Earnings Details
8/6/2014Q214$0.43($1.86)$115.10 million$123.30 millionViewN/AView Earnings Details
5/7/2014Q1$0.42($0.56)$106.47 million$100.90 millionViewN/AView Earnings Details
3/5/2014Q413$0.55$0.18$100.74 million$92.10 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)
Current Year EPS Consensus Estimate: $-2.7100 EPS
Next Year EPS Consensus Estimate: $-0.2300 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20162($0.07)$0.04($0.02)
Q2 20161$0.08$0.08$0.08
Q3 20161($0.06)($0.06)($0.06)
Q4 20161($0.08)($0.08)($0.08)
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)
Annual Dividend:$0.06
Dividend Yield:38.02%
Payout Ratio:-3.43% (Based on Trailing 12 Months of Earnings)
-2.21% (Based on Current Year Consensus EPS Estimate)
-26.09% (Based on Next Year Consensus EPS Estimate)

Dividend History 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 History for Memorial Production Partners LP (NASDAQ:MEMP)
Insider Ownership Percentage: 1.51%
Institutional Ownership Percentage: 5.51%
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

Latest Headlines for Memorial Production Partners LP (NASDAQ:MEMP)
DateHeadline
News IconTrading Indicator Check on Memorial Production Partners LP (MEMP) - The Standard (NASDAQ:MEMP)
6milestandard.com - February 24 at 7:44 PM
News IconWatching the Levels for Memorial Production Partners LP (NASDAQ:MEMP) - Benton Bulletin (NASDAQ:MEMP)
bentonbulletin.com - February 22 at 11:38 PM
News IconFeatured Stock: Memorial Production Partners LP (NASDAQ:MEMP) - HugoPress (NASDAQ:MEMP)
hugopress.com - February 22 at 8:15 AM
News IconSell-side Consensus Sees Memorial Production Partners LP (NASDAQ:MEMP) Going Where Near-Term? - Aiken Advocate (NASDAQ:MEMP)
aikenadvocate.com - February 22 at 8:15 AM
News IconAnalyst's Proposition on Calpine Corporation (CPN), Memorial Production Partners LP (MEMP) - The USA Commerce (NASDAQ:MEMP)
www.theusacommerce.com - February 22 at 8:15 AM
News IconStock Under Limelight: Memorial Production Partners LP (NASDAQ:MEMP) - The Oracle Examiner (NASDAQ:MEMP)
oracleexaminer.com - February 17 at 2:34 PM
News IconShare Inspection for Memorial Production Partners LP (MEMP) - Davidson Register (NASDAQ:MEMP)
davidsonregister.com - February 11 at 5:25 AM
News IconQuarterly Financial Watch for Memorial Production Partners LP (NASDAQ:MEMP) - The Newburgh Press (NASDAQ:MEMP)
newburghpress.com - February 4 at 11:32 PM
News IconMemorial Production Partners LP (NASDAQ:MEMP) Projected EPS At $-0.08 - Stock Observer (NASDAQ:MEMP)
www.thestockobserver.com - February 4 at 11:32 PM
News IconEarnings Forecast Research on Memorial Production Partners LP ... - Morning Outlook (NASDAQ:MEMP)
www.morningoutlook.com - February 2 at 7:18 PM
moodys.com logoMemorial Production Partners LP -- Moody's downgrades MEMP's PDR to D-PD on bankruptcy filing (NASDAQ:MEMP)
www.moodys.com - February 1 at 7:20 PM
News IconBargain Hunters Should Take a Look at Memorial Production Partners LP (NASDAQ:MEMP) - Prospect Journal (NASDAQ:MEMP)
prospectjournal.com - February 1 at 12:26 AM
News IconPlacing the Bulls-Eye Focus on Memorial Production Partners LP (NASDAQ:MEMP) - Prospect Journal (NASDAQ:MEMP)
prospectjournal.com - January 31 at 7:25 PM
News IconLooking at the Gauges on Memorial Production Partners LP (MEMP) - Sherwood Daily (NASDAQ:MEMP)
sherwooddaily.com - January 28 at 5:03 AM
News IconTrader's Roundup: Memorial Production Partners LP (NASDAQ ... - The Newburgh Press (NASDAQ:MEMP)
newburghpress.com - January 28 at 12:01 AM
marketexclusive.com logoMEMORIAL PRODUCTION PARTNERS LP (NASDAQ:MEMP) Files An 8-K Notice of Delisting or Failure to Satisfy a ... - Market Exclusive (NASDAQ:MEMP)
marketexclusive.com - January 28 at 12:01 AM
News IconMemorial Production Partners LP (MEMP) : Checking the Chart - The USA Commerce (NASDAQ:MEMP)
theusacommerce.com - January 28 at 12:01 AM
News IconEarnings in Full Force, Analysts Take Aim at Memorial Production Partners LP (NASDAQ:MEMP) - Wall Street Beacon (NASDAQ:MEMP)
wsbeacon.com - January 26 at 9:23 PM
News IconMemorial Production Partners LP (MEMP): What's the Story? - StockNewsJournal (NASDAQ:MEMP)
stocknewsjournal.com - January 26 at 9:23 PM
News IconTrading Indicator Check on Memorial Production Partners LP (MEMP) - Sherwood Daily (NASDAQ:MEMP)
sherwooddaily.com - January 25 at 7:55 PM
istreetwire.com logoMomentum Stocks: Memorial Production Partners LP (MEMP ... - iStreetWire (NASDAQ:MEMP)
istreetwire.com - January 25 at 7:55 PM
News IconMemorial Production Partners LP (NASDAQ:MEMP) Projected to Achieve EPS Of $-0.08 - Stock Observer (NASDAQ:MEMP)
www.thestockobserver.com - January 23 at 11:49 PM
4-traders.com logoMEMORIAL PRODUCTION PARTNERS LP : Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing (form 8-K) (NASDAQ:MEMP)
www.4-traders.com - January 23 at 6:49 PM
seekingalpha.com logoMemorial Production Partners LP (MEMP) (NASDAQ: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 (NASDAQ:MEMP)
biz.yahoo.com - January 23 at 6:49 PM
seekingalpha.com logoMemorial Production Partners Bankruptcy Analysis (NASDAQ:MEMP)
seekingalpha.com - January 23 at 10:16 AM
News IconResearch Report for: Memorial Production Partners LP (NASDAQ:MEMP) (NASDAQ:MEMP)
vgtoday.net - January 20 at 7:18 PM
News IconStock to Keep Your Eyes on: Memorial Production Partners LP (NASDAQ:MEMP) (NASDAQ:MEMP)
lasignare.com - January 20 at 7:18 PM
News IconWill The Needle Move For Memorial Production Partners LP (NASDAQ:MEMP) Shares This Earnings Season? - Wall Street Beacon (NASDAQ:MEMP)
wsbeacon.com - January 19 at 8:32 PM
bizjournals.com logoHouston MLP files Ch. 11 after more lenders get on board with restructuring plan - Houston Business Journal (NASDAQ:MEMP)
www.bizjournals.com - January 19 at 12:02 AM
streetinsider.com logoMemorial Production Partners (MEMP) Files Chapter 11 Bankruptcy - StreetInsider.com (NASDAQ:MEMP)
www.streetinsider.com - January 19 at 12:02 AM
streetinsider.com logoMemorial Production Partners (MEMP) Files Chapter 11 Bankruptcy (NASDAQ:MEMP)
www.streetinsider.com - January 17 at 6:50 PM
seekingalpha.com logoMemorial Production Partners files for Chapter 11 (NASDAQ:MEMP)
seekingalpha.com - January 17 at 11:50 AM
us.rd.yahoo.com logoMemorial Production Partners LP Commences Court-Supervised Financial Restructuring Process (NASDAQ:MEMP)
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 (NASDAQ:MEMP)
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 (NASDAQ:MEMP)
www.bizjournals.com - January 17 at 11:50 AM
feeds.reuters.com logoBRIEF-Memorial Production Partners LP commences court-supervised financial restructuring process (NASDAQ:MEMP)
feeds.reuters.com - January 16 at 11:23 PM
finance.yahoo.com logo4:12 pm Memorial Production Partners reaches plan support agreement with lenders on comprehensive financial restructuring to deleverage balance sheet (NASDAQ:MEMP)
finance.yahoo.com - January 15 at 6:05 PM
News IconAnalysts' Recommendations Stocks Traders Alert: Memorial Production Partners LP (NASDAQ:MEMP) & Precision (NASDAQ:MEMP)
myhealthbowl.com - January 15 at 4:38 AM
News IconMemorial Production Partners LP (NASDAQ:MEMP) Projected to Achieve EPS Of $ (NASDAQ:MEMP)
flapship.com - January 15 at 4:38 AM
4-traders.com logoMemorial Production Partners LP : Reaches Plan Support Agreement with Lenders on Comprehensive Financial Restructuring to Deleverage Balance Sheet (NASDAQ:MEMP)
www.4-traders.com - January 14 at 5:49 AM
streetinsider.com logoMemorial Production Partners (MEMP) Reaches Plan Support Agreement with Lenders as Part of Restructuring (NASDAQ:MEMP)
www.streetinsider.com - January 13 at 7:47 PM
us.rd.yahoo.com logoMemorial Production Partners LP Reaches Plan Support Agreement with Lenders on Comprehensive Financial Restructuring to Deleverage Balance Sheet (NASDAQ:MEMP)
us.rd.yahoo.com - January 13 at 7:47 PM
feeds.reuters.com logoBRIEF-Memorial Production Partners LP reaches plan support agreement with lenders on comprehensive financial restructuring to deleverage balance sheet (NASDAQ:MEMP)
feeds.reuters.com - January 13 at 4:44 PM
investornewswire.com logoMemorial Production Partners LP (NASDAQ:MEMP) Records An Impact Score Of 100 - Investor Newswire (NASDAQ:MEMP)
www.investornewswire.com - January 11 at 12:24 AM
News IconCalling all Bargain Hunters: Stock Update on Memorial Production Partners LP (NASDAQ:MEMP) - Prospect Journal (NASDAQ:MEMP)
prospectjournal.com - January 10 at 6:59 AM
News IconStock ABR Memorial Production Partners LP (NASDAQ:MEMP) At 4 - Stock Observer (NASDAQ:MEMP)
www.thestockobserver.com - January 10 at 6:59 AM
News IconEquity in Focus: Memorial Production Partners LP (NASDAQ:MEMP) - Wall Street Beacon (NASDAQ:MEMP)
wsbeacon.com - January 6 at 5:57 AM
News IconStock ABR Of Memorial Production Partners LP (NASDAQ:MEMP) At 4 - Stock Observer (NASDAQ:MEMP)
www.thestockobserver.com - January 4 at 7:05 AM
News IconStock ready to Pivot? Focus on Shares of Memorial Production Partners LP (NASDAQ:MEMP) - Prospect Journal (NASDAQ:MEMP)
prospectjournal.com - January 3 at 10:24 PM

Social

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 declared a quarterly dividend on Wednesday, July 27th. Shareholders of record on Friday, August 5th will be given a dividend of $0.03 per share on Friday, August 12th. This represents a $0.12 dividend on an annualized basis and a yield of 76.05%. The ex-dividend date of this dividend is Wednesday, August 3rd.

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

5 brokers have issued 1-year price objectives for Memorial Production Partners LP's stock. Their predictions range from $1.00 to $1.80. On average, they expect Memorial Production Partners LP's share price to reach $1.40 in the next year.

When will Memorial Production Partners LP announce their earnings?

Memorial Production Partners LP is scheduled to release their next quarterly earnings announcement on Monday, March, 6th 2017.

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 $0.16.

Memorial Production Partners LP (NASDAQ:MEMP) Chart for Saturday, February, 25, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Memorial Production Partners LP (NASDAQ:MEMP)

Earnings History Chart

Earnings by Quarter for Memorial Production Partners LP (NASDAQ:MEMP)

Dividend History Chart

Dividend Payments by Quarter for Memorial Production Partners LP (NASDAQ:MEMP)

Last Updated on 2/25/2017 by MarketBeat.com Staff