JP Energy Partners LP owns, operates, develops and acquires a portfolio of midstream energy assets. The Company provides midstream infrastructure solutions for the supply of crude oil, refined products and natural gas liquids (NGLs) in the United States. The Company's segments include crude oil pipelines and storage, refined products terminals and storage, and NGL distribution and sales. The Company's crude oil businesses are situated in areas, including the Permian Basin and Eagle Ford shale. Its crude oil pipelines and storage segment manages the physical movement of crude oil from origination to final destination through its network of owned and leased assets. Its refined product terminals and storage segment consists of approximately two refined products terminals located in North Little Rock, Arkansas and Caddo Mills, Texas. The Company's NGL distribution and sales segment involves the retail, commercial and wholesale sale of NGLs and other refined products.
Industry, Sector and Symbol:
- Sector: Utilities
- Industry: Natural Gas Utilities - NEC
- Sub-Industry: N/A
- Symbol: NYSE:JPEP
- CUSIP: N/A
- Web: www.jpenergypartners.com
- 50 Day Moving Avg: $9.44
- 200 Day Moving Avg: $9.57
- 52 Week Range: $6.49 - $10.58
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: -59.00
- P/E Growth: 0.00
- Annual Dividend: $1.30
- Dividend Yield: 13.8%
- Net Margins: -5.61%
- Return on Equity: -5.99%
- Return on Assets: -4.01%
- Debt-to-Equity Ratio: 0.34%
- Current Ratio: 1.04%
- Quick Ratio: 0.89%
Frequently Asked Questions for JP Energy Partners LP (NYSE:JPEP)
What is JP Energy Partners LP's stock symbol?
JP Energy Partners LP trades on the New York Stock Exchange (NYSE) under the ticker symbol "JPEP."
How often does JP Energy Partners LP pay dividends? What is the dividend yield for JP Energy Partners LP?
JP Energy Partners LP declared a quarterly dividend on Tuesday, January 24th. Stockholders of record on Tuesday, February 7th will be paid a dividend of $0.325 per share on Tuesday, February 14th. This represents a $1.30 dividend on an annualized basis and a dividend yield of 13.77%. The ex-dividend date of this dividend is Friday, February 3rd. View JP Energy Partners LP's Dividend History.
How were JP Energy Partners LP's earnings last quarter?
JP Energy Partners LP (NYSE:JPEP) released its earnings results on Monday, August, 8th. The company reported ($0.06) earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of ($0.11) by $0.05. The company earned $130.77 million during the quarter, compared to analysts' expectations of $117.28 million. JP Energy Partners LP had a negative return on equity of 5.99% and a negative net margin of 5.61%. JP Energy Partners LP's quarterly revenue was down 34.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned ($0.14) earnings per share. View JP Energy Partners LP's Earnings History.
Where is JP Energy Partners LP's stock going? Where will JP Energy Partners LP's stock price be in 2017?
2 analysts have issued twelve-month price targets for JP Energy Partners LP's shares. Their predictions range from $11.00 to $11.00. On average, they anticipate JP Energy Partners LP's stock price to reach $11.00 in the next year. View Analyst Ratings for JP Energy Partners LP.
Who are some of JP Energy Partners LP's key competitors?
How do I buy JP Energy Partners LP stock?
Shares of JP Energy 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 JP Energy Partners LP's stock price today?
MarketBeat Community Rating for JP Energy Partners LP (NYSE JPEP)MarketBeat's community ratings are surveys of what our community members think about JP Energy 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.
One share of JP Energy Partners LP stock can currently be purchased for approximately $9.44.
Consensus Ratings for JP Energy Partners LP (NYSE:JPEP) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||1 Hold Rating, 1 Buy Rating|
|Consensus Rating:||Buy (Score: 2.50)|
|Consensus Price Target: ||$11.00 (16.53% upside)|
Analysts' Ratings History for JP Energy Partners LP (NYSE:JPEP)
(Data available from 7/27/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/6/2016||DA Davidson||Initiated Coverage||Buy||$11.00||N/A|
|9/9/2016||Bank of America Corporation||Upgrade||Underperform -> Neutral||N/A|
|7/18/2016||Janney Montgomery Scott||Initiated Coverage||Hold||N/A|
|5/16/2016||Simmons||Boost Price Target||Neutral||$6.50 -> $7.00||N/A|
|5/16/2016||Stephens||Downgrade||Overweight -> Equal Weight||N/A|
|4/1/2016||Piper Jaffray Companies||Initiated Coverage||Neutral||N/A|
|1/11/2016||Barclays PLC||Downgrade||Overweight -> Equal Weight||$9.00 -> $6.00||N/A|
|11/11/2015||Royal Bank Of Canada||Lower Price Target||Sector Perform||$9.00 -> $8.00||N/A|
|9/21/2015||Robert W. Baird||Upgrade||Underperform -> Neutral||$9.00||N/A|
Earnings History for JP Energy Partners LP (NYSE:JPEP)Earnings History by Quarter for JP Energy Partners LP (NYSE JPEP)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|11/7/2016||Q3||($0.09)||($0.18)||$130.22 million||$122.80 million||View||Listen|
|8/8/2016||Q216||($0.11)||($0.06)||$117.28 million||$130.77 million||View||N/A|
|5/9/2016||Q116||$0.03||($0.09)||$178.37 million||$97.49 million||View||N/A|
|2/29/2016||Q415||$0.01||($0.88)||$284.82 million||$153.20 million||View||Listen|
|11/9/2015||Q315||($0.09)||($0.23)||$281.85 million||$259.60 million||View||N/A|
|8/10/2015||Q215||($0.07)||($0.13)||$305.40 million||$340.49 million||View||Listen|
|5/12/2015||Q1||($0.02)||$0.02||$460.90 million||$299.29 million||View||N/A|
|3/11/2015||Q4 2014||$0.01||$0.04||$571.20 million||$399.23 million||View||N/A|
Earnings Estimates for JP Energy Partners LP (NYSE:JPEP)
Current Year EPS Consensus Estimate: $-0.45 EPS
Next Year EPS Consensus Estimate: $-0.16 EPS
Current Dividend Information for JP Energy Partners LP (NYSE:JPEP)
|Most Recent Dividend:||2/14/2017|
|Dividend Growth:||0.00% (3 Year Average)|
|Payout Ratio:||-81.76% (Trailing 12 Months of Earnings) |
-288.89% (Based on This Year's Estimates)
-812.50% (Based on Next Year's Estimates)
Dividend History by Quarter for JP Energy Partners LP (NYSE JPEP)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for JP Energy Partners LP (NYSE:JPEP)
Institutional Ownership Percentage: 53.39%Insider Trades by Quarter for JP Energy Partners LP (NYSE:JPEP)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|5/25/2016||Patrick Joseph Welch||Insider||Buy||5,000||$7.46||$37,300.00|| |
|1/21/2016||Jason Patrick Barley||Insider||Sell||9,500||$3.07||$29,165.00|| |
|12/17/2015||Jason Patrick Barley||Insider||Sell||7,000||$4.54||$31,780.00|| |
|8/25/2015||Jason Patrick Barley||Insider||Buy||1,000||$7.15||$7,150.00|| |
|8/13/2015||Josh Sherman||Director||Buy||3,000||$9.10||$27,300.00|| |
|12/8/2014||Christopher Hill||Insider||Buy||2,000||$13.47||$26,940.00|| |
|12/5/2014||C Scott Smith||Insider||Buy||2,000||$14.17||$28,340.00|| |
|12/4/2014||Jason Patrick Barley||Insider||Buy||1,000||$14.20||$14,200.00|| |
|12/3/2014||Patrick Joseph Welch||Insider||Buy||3,500||$14.46||$50,610.00|| |
|10/7/2014||C Scott Smith||Insider||Buy||6,500||$20.00||$130,000.00|| |
Headline Trends for JP Energy Partners LP (NYSE:JPEP)
Latest Headlines for JP Energy Partners LP (NYSE:JPEP)
JP Energy Partners LP (JPEP) Chart for Thursday, July, 27, 2017