About Midcoast Energy Partners (NYSE:MEP)
Midcoast Energy Partners, L.P. (MEP) is a limited partnership company that is engaged in the natural gas and natural gas liquids (NGL) midstream business. It operates through two segments: Gathering, Processing and Transportation, and Logistics and Marketing. It also provides marketing services of natural gas and NGLs to wholesale customers. The Company's gathering, processing and transportation business includes natural gas and NGL gathering and transportation pipeline systems, natural gas processing and treating facilities, condensate stabilizers and an NGL fractionation facility. Its logistics and marketing business provides marketing services of natural gas, NGLs and condensate received from its gathering, processing and transportation business. The Company holds interest in Midcoast Operating, L.P., a Texas limited partnership that owns a network of natural gas and NGL gathering and transportation systems, natural gas processing and treating facilities.
Industry, Sector and Symbol
Trailing P/E RatioN/A
Forward P/E RatioN/A
Sales & Book Value
Price / SalesN/A
Price / CashN/A
Price / BookN/A
EPS (Most Recent Fiscal Year)N/A
Return on Equity-34.51%
Return on Assets-2.64%
Midcoast Energy Partners (NYSE:MEP) Frequently Asked Questions
What is Midcoast Energy Partners' stock symbol?
Midcoast Energy Partners trades on the New York Stock Exchange (NYSE) under the ticker symbol "MEP."
How were Midcoast Energy Partners' earnings last quarter?
Midcoast Energy Partners LP (NYSE:MEP) released its quarterly earnings data on Wednesday, February, 15th. The oil and gas producer reported ($0.19) EPS for the quarter, meeting the consensus estimate of ($0.19). The oil and gas producer had revenue of $620.50 million for the quarter, compared to the consensus estimate of $541.74 million. Midcoast Energy Partners had a negative net margin of 5.25% and a negative return on equity of 34.51%. The business's revenue for the quarter was up 17.5% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.04) EPS. View Midcoast Energy Partners' Earnings History.
Has Midcoast Energy Partners been receiving favorable news coverage?
Media headlines about MEP stock have trended positive this week, according to Accern. The research firm identifies negative and positive media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Midcoast Energy Partners earned a news impact score of 0.34 on Accern's scale. They also assigned media stories about the oil and gas producer an impact score of 43.35 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the near future.
How do I buy shares of Midcoast Energy Partners?
Shares of MEP 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 Midcoast Energy Partners' stock price today?
One share of MEP stock can currently be purchased for approximately $7.95.
How big of a company is Midcoast Energy Partners?
Midcoast Energy Partners has a market capitalization of $366.84 million.
How can I contact Midcoast Energy Partners?
Midcoast Energy Partners' mailing address is 1100 Louisiana St Ste 3300, HOUSTON, TX 77002-5216, United States. The oil and gas producer can be reached via phone at +1-713-8212000.
MarketBeat Community Rating for Midcoast Energy Partners (MEP)MarketBeat's community ratings are surveys of what our community members think about Midcoast Energy Partners and other stocks. Vote "Outperform" if you believe MEP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MEP will underperform the S&P 500 over the long term. You may vote once every thirty days.