Barclays Maintains an 'Equalweight' on BreitBurn Energy Partners (BBEP); Adjusting Estimates After Q2 Update
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Price: $0.13 --0%
Rating Summary:
4 Buy, 8 Hold, 6 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
4 Buy, 8 Hold, 6 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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Barclays maintains an 'Equalweight' on BreitBurn Energy Partners (NASDAQ: BBEP) price target of $23.00.
Analyst, Jeffrey W. Robertson, said, "A significantly increased capital program coupled with the contribution from recently completed acquisitions should provide some incremental production growth through 2H12 and 2013."
FY12 EPS Estimate lowered from $0.75 to $0.55 and FY13 from $0.50 to $0.25. FY12 EBITDA and DCF per unit estimates revised to $4.10 and $2.25 from $4.35 and $2.50, respectively. FY13 EBITDA and DCF per unit estimates revised to $4.00 and $2.00 from $4.25 and $2.25, respectively. FY14 EBITDA and DCF per unit estimates revised to $3.90 and $1.85 from $4.05 and $2.05, respectively.
For an analyst ratings summary and ratings history on BreitBurn Energy Partners click here. For more ratings news on BreitBurn Energy Partners click here.
Shares of BreitBurn Energy Partners closed at $18.95 yesterday.
Analyst, Jeffrey W. Robertson, said, "A significantly increased capital program coupled with the contribution from recently completed acquisitions should provide some incremental production growth through 2H12 and 2013."
FY12 EPS Estimate lowered from $0.75 to $0.55 and FY13 from $0.50 to $0.25. FY12 EBITDA and DCF per unit estimates revised to $4.10 and $2.25 from $4.35 and $2.50, respectively. FY13 EBITDA and DCF per unit estimates revised to $4.00 and $2.00 from $4.25 and $2.25, respectively. FY14 EBITDA and DCF per unit estimates revised to $3.90 and $1.85 from $4.05 and $2.05, respectively.
For an analyst ratings summary and ratings history on BreitBurn Energy Partners click here. For more ratings news on BreitBurn Energy Partners click here.
Shares of BreitBurn Energy Partners closed at $18.95 yesterday.
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