Company Overview and News

Stop missing out on important events!

Fintel provides real time notifications of important company events such as major investments (13D/G filings), insider trades (SEC form 4), and important SEC filings. Sign up and create your company alerts for free.

Headline News

Which MLPs Lost More than 10.0% in the Week Ending February 9?

NuStar GP Holdings (NSH) and its limited partnership, NuStar Energy (NS), were the top two MLP losers in the week ending February 9. NuStar GP Holdings and NuStar Energy fell 25.1% and 24.7% last week, respectively. Apart from general weakness, the duo fell due to the following factors: (23-0)

Analyzing the Top MLP Gainers Last Week

Legacy Reserves (LGCY), an upstream MLP involved in crude, natural gas, and NGLs (natural gas liquids) production, was the top MLP gainer in the week ending January 26, 2018. Legacy Reserves ended the week 18.9% higher. Overall, Legacy Reserves has gained 56.5% since the beginning of the year. Legacy Reserves’ recent gains could be due to strong crude oil and natural gas prices. Strong commodity prices directly impact a partnership’s revenues. (17-0)

Why USAC Was the Top MLP Last Week

USA Compression Partners (USAC), a midstream MLP involved in natural gas contract compression services, was the top MLP gainer last week with WoW (week-over-week) gains of 7.8%. USAC rallied following its announcement that it plans to acquire Energy Transfer Partners’ (ETP) natural gas compression business in a deal valued at $1.8 billion. (16-0)

The Top MLP Winners of 2017

The top three MLP gainers in 2017 were downstream MLPs Calumet Specialty Products Partners (CLMT), Alon USA Partners (ALDW), and CVR Refining (CVRR). CLMT, ALDW, and CVRR had a strong 2017 with yearly gains of 92.5%, 78.0%, and 59.1%, respectively. (12-0)

The Dawning Of A New Era

2017-12-19 seekingalpha
Most days are like other days. The sun shows up, on we go, and the day turns into night. Repeat. However, there are some, quite special days, that mark a transition. They are a "Day to Remember," and I mark today as one of those instances. (186-3)

Private Equity In Midstream - The Bad, The Good And The Unknown

2017-12-15 seekingalpha
The involvement of private equity (NYSE:PE) firms in the midstream space isn't new, but lately, PE activity has picked up, as there seems to be plenty of private capital looking for opportunities. To give a sense for the amount, PE funds raised $19.8 billion for energy-related investments (not just midstream opportunities) in 1Q 2017 alone. For MLPs, PE's involvement is a bit of a double-edged sword. (30-0)

Top MLP Losers in the Week Ending November 24

2017-11-28 marketrealist
Southcross Energy Partners (SXE), the midstream MLP mainly involved in natural gas gathering and processing, was the top MLP loser in the week ending November 24. It fell 7.1% during the week. The partnership has lost 11.6% in November. However, Southcross Energy Partners is still trading 25.9% above the levels at the beginning of the year. (44-0)

Behind Southcross Energy Partners’ Rise in 2017

2017-11-17 marketrealist
Southcross Energy Partners (SXE) has risen nearly 36% so far in 2017. Notably, the stock, which is currently trading near $1.87, traded well above $20 in mid-2014. On November 1, 2017, American Midstream Partners (AMID) announced the acquisition of Southcross Energy Partners, along with certain assets of Southcross Holdings. In total, the two transactions are valued at ~ $815 million, including the repayment of debt. (5-0)

SXE / Southcross Energy Partners, L.P. - Stock Institutional Ownership and Shareholders -

Southcross Energy Partners, L.P. (NYSE:SXE) has 32 institutional investors and shareholders that have filed 13D/G or 13F forms with the Securities Exchange Commission (SEC). These institutions hold a total of 172,470,961 shares. Largest shareholders include TW Southcross Aggregator LP, EIG BBTS Holdings, LLC, Southcross Holdings GP, LLC, Bank Of America Corp /de/, and Freestone Capital Holdings, LLC. (121-1)

BRIEF-Southcross Energy Partners reports qtrly loss/share of ‍$0.24​​

2017-11-13 reuters
* Southcross Energy Partners L.P says expects net capital expenditures for FY 2017 will be in range of $18 million to $20 million​ (1-0)

American Midstream Partners' (AMID) CEO Lynn Bourdon on Q3 2017 Results - Earnings Call Transcript

2017-11-08 seekingalpha
Good morning, my name is Casey, and I will be your conference operator today. At this time, I would like to welcome everyone to the American Midstream's Third Quarter 2017 Earnings Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question-and-answer session. [Operator Instructions]. Thank you, Mark Buscovich, you may begin your conference. (5-0)

Energy Insights: Eight Takeaways From Recent Third Quarter Earnings & Tax Reform Impact

2017-11-07 seekingalpha
Numerous companies reported third quarter earnings in the past week. Here are a few key takeaways for energy investors to consider: (7-0)

Analyzing American Midstream Partners’ Technical Indicators

2017-11-07 marketrealist
In this part, we’ll discuss American Midstream Partners’ (AMID) technical indicators following its announcement to acquire Southcross Energy Partners (SXE). Currently, American Midstream Partners is trading 3.6% below its 50-day simple moving average and 7.9% below its 200-day simple moving average. It might indicate bearish sentiment in the stock. The transaction, which American Midstream Partners thinks is accretive to its distributable cash flow, could push the partnership above its short-term moving average and result in bullish sentiment. (5-0)

CSI Compressco Was the Top MLP Loser Last Week

2017-11-07 marketrealist
CSI Compressco (CCLP), the MLP mainly involved in natural gas compression, was the highest MLP loser last week ending November 3, 2017. USAC fell 7.8% during the week. The partnership has lost 12.6% in the past two weeks. Its recent decline could be attributed to the recent fall in drilling activity. The demand for compression service is linked to the level of drilling activity. We discussed recent US drilling activity in Part 1 of this series. (59-0)

BRIEF-American Midstream Partners to buy Southcross Energy Partners and certain assets of Southcross forming $3 bln partnership

2017-11-01 reuters
* American midstream partners to acquire Southcross Energy Partners and certain assets of Southcross Holdings forming $3 billion partnership (5-0)

CUSIP: 84130C100