Midcoast Energy Partners L.P. representing limited partner interests

(MEP) Trade

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Profile

Midcoast Energy Partners LP is a Delaware limited partnership formed in 2013 to serve as Enbridge Energy Partners, L.P's primary vehicle for owning and growing its natural gas and NGL midstream business in the United States. Its business consists of gathering unprocessed and untreated natural gas from wellhead locations and other receipt points on its systems, processing the natural gas to remove NGLs and impurities at its processing and treating facilities and transporting the processed natural gas and NGLs to intrastate and interstate pipelines for transportation to various customers and market outlets. In addition it also provides marketing services of natural gas and NGLs to wholesale customers. It conducts business through two distinct reporting segments: Gathering, Processing and Transportation and Logistics and Marketing. Its 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. It gathers natural gas from the wellhead and central receipt points on its systems, deliver it to facilities for processing and treating and deliver the residue gas to intrastate or interstate pipelines for transmission to wholesale customers such as power plants, industrial customers and local distribution companies. It delivers the NGLs produced at its processing and fractionation facilities to intrastate and interstate pipelines for transportation to the NGL market hubs in Mont Belvieu, Texas and Conway, Kansas. In addition, it delivers NGLs from certain of its facilities to the Texas Express NGL system for transportation on the Texas Express NGL mainline to Mont Belvieu, Texas. The primary role of its logistics and marketing business is to provide marketing services of natural gas, NGLs and condensate received from its gathering, processing and transportation business.

Contact Information

Website: www.midcoastpartners.com
Email: sanjay.lad@enbridge.com
Main Phone: +1 713 821-2000
Address: 1100 Louisiana Street
Address 2: Suite 3300
State: TX
City / Town: Houston
Country: USA
Postal Code: 77002

Issuer Information

Exchange: NYE
NAICS: Support Activities for Oil and Gas Operations(213112)
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Company data no longer available
Last Price N/A Change $ N/A Change % N/A Tick N/A
Bid N/A Bid Size 0.00 Ask N/A Ask Size 0.00
Open N/A High N/A Low N/A Prev Close N/A
Last Trade Volume 0 52 Wk Hi 9.89 52 Wk Low 5.30
Market Cap N/A Ex-Div Date N/A Div Rate N/A Yield N/A
Shares 45,220,112.00 EPS (TTM) -2.17 PE Ratio N/A Exchange NYSE
  Last 3 Mo Last 12 Mo
Number of Insider Trades 0 0
Number of Buys 0 0
Number of Sells 0 0
Net Activity 0 0
Last 10 Buys Shares
Stephen J. Neyland 1,000
David A. Weathers 1,000
C. Gregory Harper 1,000
Dan A. Westbrook 1,000
James G. Ivey 1,000
James G. Ivey 1,000
David A. Weathers 1,000
James G. Ivey 1,000
Terrance L. Mcgill 1,000
Kerry C. Puckett 1,000
Last 10 Sell Shares
N/A 0
  Current 1 Week Ago 2 Weeks Ago 3 Weeks Ago
High Target Price Estimate 8.5 8.5 8.5 8.5
Low Target Price Estimate 4 4 4 4
Mean Target Price Estimate 6.25 6.25 6.25 6.25
Standard Deviation 3.18 3.18 3.18 3.18
Date of Most Recent Estimate 02/01/17 02/01/17 02/01/17 02/01/17
  Current 1 Month Ago 2 Months Ago 3 Months Ago
Strong Buy 0 0 0 0
Moderate Buy 0 0 0 0
Hold 2 2 2 2
Moderate Sell 1 1 1 1
Strong Sell 0 0 1 1
Mean Rec. 3.33 3.33 3.58 3.58