Memorial 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
Stock Exchange NASDAQ
Industry N/A
Sub-IndustryN/A
SectorN/A
SymbolNASDAQ:MEMP
CUSIPN/A
Phone+1-713-5888300
Debt
Debt-to-Equity Ratio4.28
Current Ratio2.28
Quick Ratio2.28
Price-To-Earnings
Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual SalesN/A
Price / SalesN/A
Cash FlowN/A
Price / CashN/A
Book ValueN/A
Price / BookN/A
Profitability
EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net Margins-395.31%
Return on Equity-496.55%
Return on Assets-58.07%
Miscellaneous
Employees484
Outstanding Shares83,800,000
Market Cap$10.49 million
Memorial Production Partners (NASDAQ:MEMP) Frequently Asked Questions
What is Memorial Production Partners' stock symbol?
Memorial Production Partners trades on the NASDAQ under the ticker symbol "MEMP."
How were Memorial Production Partners' earnings last quarter?
Memorial Production Partners LP (NASDAQ:MEMP) announced its earnings results on Tuesday, November, 1st. The oil and gas producer reported ($0.39) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of ($0.06) by $0.33. The oil and gas producer earned $74.22 million during the quarter, compared to analyst estimates of $106.51 million. Memorial Production Partners had a negative net margin of 395.31% and a negative return on equity of 496.55%. The business's revenue for the quarter was down 15.7% on a year-over-year basis. During the same period in the previous year, the company earned ($2.31) earnings per share. View Memorial Production Partners' Earnings History.
What is the consensus analysts' recommendation for Memorial Production Partners?
1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Memorial Production Partners in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Memorial Production Partners.
Who are Memorial Production Partners' key executives?
Memorial Production Partners' management team includes the folowing people:
- William J. Scarff, President, Chief Executive Officer, Director
- Robert L. Stillwell Jr., Chief Financial Officer, Vice President
- Christopher S. Cooper, Chief Operating Officer, Senior Vice President of the General Partner
- Gregory M. Robbins, Senior Vice President - Corporate Development of the General Partner
- , Bio & Compensation -
- Matthew Hoss, Principal Accounting Officer
- , Bio & Compensation -
- Jason M. Childress, Vice President, General Counsel, Corporate Secretary
- Jonathan M. Clarkson, Non-Executive Chairman of the Board
- John A. Weinzierl, Director
- W. Donald Brunson, Independent Director of the General Partner
- P. Michael Highum, Independent Director of the General Partner
Has Memorial Production Partners been receiving favorable news coverage?
Press coverage about MEMP stock has been trending somewhat positive this week, according to Accern. Accern scores the sentiment of press coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Memorial Production Partners earned a daily sentiment score of 0.18 on Accern's scale. They also gave media coverage about the oil and gas producer an impact score of 46.57 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the near future. View Recent Headlines for Memorial Production Partners.
How do I buy shares of Memorial Production Partners?
Shares of MEMP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Memorial Production Partners' stock price today?
One share of MEMP stock can currently be purchased for approximately $0.13.
How big of a company is Memorial Production Partners?
Memorial Production Partners has a market capitalization of $10.49 million. Memorial Production Partners employs 484 workers across the globe.
How can I contact Memorial Production Partners?
Memorial Production Partners' mailing address is 500 Dallas St Ste 1600, HOUSTON, TX 77002-2067, United States. The oil and gas producer can be reached via phone at +1-713-5888300.
MarketBeat Community Rating for Memorial Production Partners (NASDAQ MEMP)
MarketBeat's community ratings are surveys of what our community members think about Memorial Production Partners and other stocks. Vote "Outperform" if you believe MEMP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MEMP will underperform the S&P 500 over the long term. You may vote once every thirty days.
