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
Industry N/A
Sub-IndustryN/A
SectorN/A
Phone+1-713-5888300
Debt
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Annual SalesN/A
Profitability
Miscellaneous
Employees484
OptionableNot Optionable
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) issued 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 had revenue of $74.22 million for the quarter, compared to the consensus estimate of $106.51 million. The business's revenue for the quarter was down 15.7% compared to the same quarter last year. During the same quarter last year, the firm posted ($2.31) earnings per share. View Memorial Production Partners' Earnings History.
Has Memorial Production Partners been receiving favorable news coverage?
Headlines about MEMP stock have been trending somewhat negative recently, according to InfoTrie. The research group scores the sentiment of media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Memorial Production Partners earned a news sentiment score of -1.0 on InfoTrie's scale. They also assigned news stories about the oil and gas producer a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company's share price in the next few days.
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
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- 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 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' official website?
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.
