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0 (1y: -100%)
Market Cap 3.18 B P/E(ttm)
Enterprise Value 4.41 B P/B 3.30
CPNO- NAS (USA)
Copano Energy LLC
  • Currently 1/5
Business Predictability Rank: 1-Star (On Watch)
Back Testing Results:
Average gain of all 1-Star stocks: 1.1% per year.
% of Stocks that are in still loss if held for 10yrs: 45%.
Read more:
What is Predictability Rank?
Performances of real portfolio
Top Ranked Predictable Companies
$0.00
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GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 4/10

vs
industry		 vs
history
Cash to Debt 0.055
CPNO's Cash to Debt is ranked higher than
65% of the 54 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 0.04 vs. CPNO: 0.055 )
CPNO' s 10-Year Cash to Debt Range
Min: 0.05   Max: 0.15
Current: 0.06
0.05
0.15
Equity to Asset 0.372
CPNO's Equity to Asset is ranked higher than
81% of the 54 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 0.01 vs. CPNO: 0.372 )
CPNO' s 10-Year Equity to Asset Range
Min: -0.03   Max: 0.69
Current: 0.37
-0.03
0.69
F-Score: 5
Z-Score: 1.35
M-Score: -3.13
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 4/10

vs
industry		 vs
history
Operating margin (%) -5.80
CPNO's Operating margin (%) is ranked lower than
54% of the 54 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 12.90 vs. CPNO: -5.80 )
CPNO' s 10-Year Operating margin (%) Range
Min: -6.6   Max: 11.2
Current: -5.8
-6.6
11.2
Net-margin (%) -9.8
CPNO's Net-margin (%) is ranked higher than
50% of the 54 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 7.45 vs. CPNO: -9.8 )
CPNO' s 10-Year Net-margin (%) Range
Min: -11.6   Max: 7.6
Current: -9.8
-11.6
7.6
ROE (%) -14.2
CPNO's ROE (%) is ranked higher than
76% of the 54 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 8.80 vs. CPNO: -14.2 )
CPNO' s 10-Year ROE (%) Range
Min: -25   Max: 25.1
Current: -14.2
-25
25.1
ROA (%) -6.3
CPNO's ROA (%) is ranked higher than
65% of the 54 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 3.00 vs. CPNO: -6.3 )
CPNO' s 10-Year ROA (%) Range
Min: -7.6   Max: 7.8
Current: -6.3
-7.6
7.8
ROC (Joel Greenblatt) (%) -6.30
CPNO's ROC (Joel Greenblatt) (%) is ranked higher than
81% of the 54 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 9.20 vs. CPNO: -6.30 )
CPNO' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -8.6   Max: 18.1
Current: -6.3
-8.6
18.1
Revenue Growth (%) 6.4
CPNO's Revenue Growth (%) is ranked lower than
57% of the 54 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: -2.20 vs. CPNO: 6.4 )
CPNO' s 10-Year Revenue Growth (%) Range
Min: -37.3   Max: 6.4
Current: 6.4
-37.3
6.4
» CPNO's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades
Q2 2012

CPNO Guru Trades in Q2 2012

Jim Simons 32,700 sh (New)
Jean-Marie Eveillard 408,080 sh (+322.44%)
» More
Q3 2012

CPNO Guru Trades in Q3 2012

Jean-Marie Eveillard 408,080 sh (unchged)
Jim Simons Sold Out
» More
Q4 2012

CPNO Guru Trades in Q4 2012

Jean-Marie Eveillard 383,080 sh (-6.13%)
» More
Q1 2013

CPNO Guru Trades in Q1 2013

Jim Simons 512,300 sh (New)
Jeremy Grantham 556,549 sh (New)
Mario Gabelli 7,100 sh (New)
Jean-Marie Eveillard 10,000 sh (-97.39%)
» More
» Details

Insider Trades

Latest Guru Trades with CPNO

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Jean-Marie Eveillard 2013-03-31 Reduce -97.39%0.04%$31.63 - $40.52 $ 0.81-98%10000
Jean-Marie Eveillard 2012-06-30 Add 322.44%0.03%$25.07 - $36.73 $ 0.81-97%408080
Jean-Marie Eveillard 2012-03-31 New Buy0.01%$33.48 - $37.75 $ 0.81-98%96600
Premium More recent guru trades are included for Premium Members only!!

Top Ranked Articles about Copano Energy LLC

New Buys of Jeremy Grantham
May 14, 2013
Jeremy Grantham - New Buys Of Jeremy Grantham
GMO, a global investment management firm, manages $110 billion in client assets it invests across a variety of asset classes based using a combination of “traditional judgments with innovative quantitative methods to find undervalued securities and markets,” per their website. The firm, led by Chairman of the Board Jeremy Grantham, bought 104 new U.S. stocks in the first quarter, for a total of 608 and quarter-over-quarter turnover of 8%. Read more...

Ratios

vs
industry		 vs
history
P/B 3.30
CPNO's P/B is ranked lower than
74% of the 54 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 2.10 vs. CPNO: 3.30 )
CPNO' s 10-Year P/B Range
Min: 0.36   Max: 4.93
Current: 3.3
0.36
4.93
P/S 2.08
CPNO's P/S is ranked lower than
52% of the 54 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 1.87 vs. CPNO: 2.08 )
CPNO' s 10-Year P/S Range
Min: 0.19   Max: 2.37
Current: 2.08
0.19
2.37
EV-to-EBIT 43.5
CPNO's EV-to-EBIT is ranked lower than
80% of the 54 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 16.10 vs. CPNO: 43.5 )
CPNO' s 10-Year EV-to-EBIT Range
Min: 9.4   Max: 69.6
Current: 43.5
9.4
69.6
Shiller P/E 4339.9
CPNO's Shiller P/E is ranked higher than
74% of the 54 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 15.10 vs. CPNO: 4339.9 )
CPNO' s 10-Year Shiller P/E Range
Min: 19.78   Max: 4421.9
Current: 4339.9
19.78
4421.9

Dividend & Buy Back

vs
industry		 vs
history
Dividend Yield 5.72
CPNO's Dividend Yield is ranked higher than
61% of the 54 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 5.57 vs. CPNO: 5.72 )
CPNO' s 10-Year Dividend Yield Range
Min: 0.65   Max: 22.49
Current: 5.72
0.65
22.49
Yield on cost (5-Year) 7.20
CPNO's Yield on cost (5-Year) is ranked higher than
72% of the 54 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 6.27 vs. CPNO: 7.20 )
CPNO' s 10-Year Yield on cost (5-Year) Range
Min: 0.82   Max: 28.3
Current: 7.2
0.82
28.3
Share Buyback Rate -7.7
CPNO's Share Buyback Rate is ranked higher than
59% of the 54 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: -7.95 vs. CPNO: -7.7 )
CPNO' s 10-Year Share Buyback Rate Range
Min: -7.7   Max: -94.9
Current: -7.7

Valuation & Return

vs
industry		 vs
history
Price/Net Current Asset Value 0.8
CPNO's Price/Net Current Asset Value is ranked higher than
69% of the 54 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 23.20 vs. CPNO: 0.8 )
CPNO' s 10-Year Price/Net Current Asset Value Range
Min: 6.4   Max: 34.8
Current: 0.8
6.4
34.8
Price/Tangible Book 0.1
CPNO's Price/Tangible Book is ranked higher than
80% of the 54 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 3.10 vs. CPNO: 0.1 )
CPNO' s 10-Year Price/Tangible Book Range
Min: 0.7   Max: 3.3
Current: 0.1
0.7
3.3
Price/DCF (Projected) 0.2
CPNO's Price/DCF (Projected) is ranked higher than
93% of the 54 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 2.85 vs. CPNO: 0.2 )
CPNO' s 10-Year Price/DCF (Projected) Range
Min: 1.6   Max: 6
Current: 0.2
1.6
6
Earnings Yield (Greenblatt) 2.30
CPNO's Earnings Yield (Greenblatt) is ranked lower than
67% of the 54 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 5.15 vs. CPNO: 2.30 )
CPNO' s 10-Year Earnings Yield (Greenblatt) Range
Min: 1.4   Max: 10.6
Current: 2.3
1.4
10.6
Forward Rate of Return (Yacktman) -0.5
CPNO's Forward Rate of Return (Yacktman) is ranked higher than
52% of the 54 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: -2.87 vs. CPNO: -0.5 )
CPNO' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -26.5   Max: -13.1
Current: -0.5
-26.5
-13.1

Business Description

Copano Energy LLC was formed in August 2001 and incorporated in the state of Delaware to acquire entities operating under the Copano name since 1992, and to serve as a holding company for its operating subsidiaries. It is an energy company engaged in the business of providing midstream services to natural gas producers, including gathering, transportation and processing of natural gas, fractionation and transportation of NGLs and other related services. Its assets are located in Texas, Oklahoma, Wyoming and Louisiana and include approximately 6,800 miles of active natural gas gathering and transmission pipelines and ten natural gas processing plants with over one Bcf/d of combined processing capacity. In addition to natural gas pipelines, it operates 380 miles of NGL pipelines. The company's strategies include: Executing on organic growth opportunities and bolt-on acquisitions: It pursue capital projects and complementary acquisitions that it believe will enhance ability to increase cash flows from its existing assets by capitalizing on existing infrastructure, personnel and customer relationships. For example, it has completed significant expansions of its Texas assets to capitalize on significant activity in the Eagle Ford Shale and the north Barnett Shale Combo, and it is capitalizing on its existing assets in connection with a new condensate joint venture to meet continued demand from Eagle Ford Shale producers; Developing and exploiting flexibility in operations. Flexibility is a fundamental consideration underlying approach to developing, expanding or acquiring assets. It can modify the operation of assets to maximize its cash flows. For example, it can operate several of its processing plants in ethane-rejection mode as commodity price environments or operating conditions warrant. In 2010 and 2011, it focused on developing ability to offer Eagle Ford Shale producers access to multiple natural gas and NGL markets. The company's natural gas pipelines gather natural gas from wellheads or designated points near producing wells. It treat and process natural gas as needed to remove contaminants and extract mixed NGLs and deliver the resulting residue gas to third-party pipelines, local distribution companies, power generation facilities and industrial customers. It sells extracted NGLs as a mixture or as fractionated purity products and deliver them through its pipeline interconnects and truck loading facilities. Its operations are divided into three operating segments: Texas, Oklahoma and Rocky Mountains: The Texas segment provides midstream natural gas services in south and north Texas, including gathering and transportation of natural gas, and related services such as compression, dehydration, treating, processing and marketing; Oklahoma segment provides midstream natural gas services in central and east Oklahoma, including primarily low-pressure gathering of natural gas and related services such as compression, dehydration,
Company Website
SEC Reports
Industry: Oil & Gas Midstream
Compare:WES, ENB, ETE, KMP, SE
» More Articles for CPNO

Headlines

Articles On GuruFocus.com
New Buys of Jeremy Grantham May 14 2013 
The Best Yielding Ex-Dividend Stocks On Jan. 29, 2013 Jan 28 2013 
Robert Raymond – Investing Opportunities Created by the Collapse of Natural Gas Jul 26 2011 
Copano Energy L.L.C. (CPNO) SVP; Pres. & COO, OK and RM Sharon J Robinson sells 2,170 Shares Mar 02 2011 
Copano Energy L.L.C. Reports Operating Results (10-K) Feb 25 2011 
Copano Energy L.L.C. (CPNO) SVP; Pres. & COO, OK and RM Sharon J Robinson sells 2,440 Shares Dec 28 2010 
Copano Energy L.L.C. (CPNO) SVP; Pres. & COO, OK and RM Sharon J Robinson sells 27,887 Shares Dec 22 2010 
Copano Energy L.L.C. (CPNO) President & CEO R Bruce Northcutt sells 5,000 Shares Jan 05 2010 
Copano Energy L.L.C. Reports Operating Results (10-Q) Nov 06 2009 
Copano Energy L.L.C. (CPNO) President & COO R Bruce Northcutt sells 5,000 Shares Oct 05 2009 

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