Hi-Crush Partners (HCLP) Misses Q3 EPS by 6c
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October 28, 2015 8:35 AM EDT
Cowen reiterated an Outperform rating on Hi-Crush Partners LP (NYSE: HCLP), and cut the price target to $12.50 (from $25.00), following the company's 3Q earnings results. Commodity price weakness has caused significant reductions demand for all oilfield services, including frac sand. Data supports continued gains... More
October 27, 2015 7:43 AM EDT
UBS downgraded Hi-Crush Partners LP (NYSE: HCLP) from Buy to Sell with a price target of $4.00 (from $15.00) after the dividend was suspended.
Analyst Robert Balsamo commented, "Further dist. cuts were expected but not a full suspension. HCLP announced the suspension of... More
October 27, 2015 6:43 AM EDT
Baird downgraded Hi-Crush Partners LP (NYSE: HCLP) from Neutral to Underperform with a price target of $4.00 (from $10.00).
For an analyst ratings summary and ratings history on Hi-Crush Partners LP click here. For more ratings news on Hi-Crush Partners LP click here.
Shares of Hi-Crush Partners LP closed at $6.74 yesterday.
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October 26, 2015 4:30 PM EDT
Hi-Crush Partners (NYSE: HCLP) announced a temporary suspension of its quarterly distribution due to challenging market conditions. Hi-Crush paid distributions of $2.40 per unit on all common and subordinated units for 2014, $0.675 per unit for the first quarter 2015, and $0.475 per unit for the second quarter 2015.
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