The shares were sold at an average price of $12.07, for a total transaction of $2,170,536.03. Since coming public in July 2013, PSXP has grown from an Adjusted EBITDA run-rate of approximately $76 million to nearly $400 million as of the most recent quarter, and this growth has largely been driven by approximately $3.1 billion in dropdowns from PSX with an estimated annual EBITDA contribution of approximately $330 million. On average, analysts anticipate that American Midstream Partners LP will post $0.70 earnings per share for the current fiscal year.
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Dominion Midstream Partners LP has 77,695,000 shares outstanding at the moment which are trading around 25.86 bringing Dominion Midstream Partners LP’s market capitalisation to 2.01B United States dollars. Dominion Midstream Partners has a 1-year low of $23.12 and a 1-year high of $37.93. This is a boost from Dominion Midstream Partners’s previous quarterly dividend of $0.22. On Dec 15, 2015, Kevin J. Sullivan (Executive Vice President) purchased 10,000 shares at $5.84 per share price, according to the Form-4 filing with the securities and exchange commission.
This is a technical analysis stock rating for Shell Midstream Partners, L.P. (NYSE:SHLX). Shell Midstream Partners, L.P. has a two bull (momentum weakness) technical rating because, while it’s trading above its 10 day moving average, its trading below both the 50- and 200 day simple moving averages. Finally, Barclays PLC lowered their price target on shares of Dominion Midstream Partners from $35.00 to $32.00 and set an “overweight” rating on the stock in a report on Thursday, August 4th. They issued a “hold” rating on the stock. Dominion Midstream Partners now has a consensus rating of “Hold” and a consensus target price of $35.50. Center Coast Capital Advisors LP now owns 804,325 shares of the company’s stock worth $22,626,000 after buying an additional 235,963 shares during the last quarter.
Many Wall Street Analysts have commented on Magellan Midstream Partners L.P. Magellan Midstream Partners L.P. was Downgraded by Morgan Stanley to ” Underweight” on Aug 18, 2016. Volume of trade was was down over the average, with 224,960 shares of SHLX changing hands under the typical 605,619 shares. Magellan Midstream Partners L.P. makes up approx 0.08% of Peak Asset Management’s portfolio.Hanson Doremus Investment Management reduced its stake in MMP by selling 440 shares or 70.97% in the most recent quarter.
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Phillips 66 Partners LP is a growth-oriented MLP created by energy company Phillips 66 (NYSE:PSX) to own, operate, develop, and acquire primarily fee-based crude oil, refined petroleum product, and natural gas liquids pipelines and terminals. The Gathering and Processing segment gathers processes transports and treats natural gas.
