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: Energy
  • Industry: Oil & Gas Exploration and Production
  • 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: $0.13
  • 52 Week Range: $0.10 - $1.98
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -0.29
  • P/E Growth: 0.000
Profitability:
  • Net Margins: -395.31%
  • Return on Equity: -496.55%
  • Return on Assets: -58.07%
Debt:
  • Debt-to-Equity Ratio: 4.28%
  • Current Ratio: 2.28%
  • Quick Ratio: 2.28%
Misc:
  • 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 were Memorial Production Partners LP's earnings last quarter?

Memorial Production Partners LP (NASDAQ:MEMP) announced its earnings results on Tuesday, November, 1st. The company reported ($0.39) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.06) by $0.33. The company had revenue of $74.22 million for the quarter, compared to analyst estimates of $106.51 million. Memorial Production Partners LP had a negative return on equity of 496.55% and a negative net margin of 395.31%. The firm's revenue for the quarter was down 15.7% on a year-over-year basis. During the same period last year, the firm earned ($2.31) earnings per share. 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?

3 equities research analysts have issued 1 year price targets for Memorial Production Partners LP's shares. Their forecasts range from $1.00 to $1.00. On average, they anticipate Memorial Production Partners LP's stock price to reach $1.00 in the next year. View Analyst Ratings for Memorial Production Partners LP.

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

Who are Memorial Production Partners LP's key executives?

Memorial Production Partners LP's 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
  • Matthew Hoss, Principal Accounting Officer
  • 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

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.

What is Memorial Production Partners LP's stock price today?

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


MarketBeat Community Rating for Memorial Production Partners LP (NASDAQ MEMP)
Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  186 (Vote Outperform)
Underperform Votes:  193 (Vote Underperform)
Total Votes:  379
MarketBeat's community ratings are surveys of what our community members think about Memorial Production Partners LP and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Memorial Production Partners LP (NASDAQ:MEMP) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Sell Ratings, 1 Hold Rating
Consensus Rating:Sell (Score: 1.33)
Consensus Price Target: $1.00 (700.00% upside)
Consensus Price Target History for Memorial Production Partners LP (NASDAQ:MEMP)
Price Target History for Memorial Production Partners LP (NASDAQ:MEMP)
Analysts' Ratings History for Memorial Production Partners LP (NASDAQ:MEMP)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
11/1/2016Goldman Sachs Group, Inc. (The)Reiterated 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 Inc.Reiterated RatingHold$1.80N/AView Rating Details
2/23/2016Bank of America CorporationDowngradeNeutral -> UnderperformN/AView Rating Details
2/18/2016Wells Fargo & CompanyDowngradeMarket 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
(Data available from 10/24/2015 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)
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Chart

Memorial Production Partners LP (MEMP) Chart for Tuesday, October, 24, 2017

This page was last updated on 10/24/2017 by MarketBeat.com Staff

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