Switch to:
Also traded in: Germany

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 : 3/10

vs
industry
vs
history
Cash to Debt 0.06
MEP's Cash to Debt is ranked lower than
53% of the 95 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 0.07 vs. MEP: 0.06 )
Ranked among companies with meaningful Cash to Debt only.
MEP' s Cash to Debt Range Over the Past 10 Years
Min: 0.01  Med: 9999.50 Max: No Debt
Current: 0.06
Equity to Asset 0.31
MEP's Equity to Asset is ranked lower than
69% of the 110 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 0.41 vs. MEP: 0.31 )
Ranked among companies with meaningful Equity to Asset only.
MEP' s Equity to Asset Range Over the Past 10 Years
Min: 0.22  Med: 0.34 Max: 0.87
Current: 0.31
0.22
0.87
F-Score: 4
Z-Score: 0.35
M-Score: -3.73
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 : 3/10

vs
industry
vs
history
Operating margin (%) -11.77
MEP's Operating margin (%) is ranked lower than
87% of the 111 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 14.86 vs. MEP: -11.77 )
Ranked among companies with meaningful Operating margin (%) only.
MEP' s Operating margin (%) Range Over the Past 10 Years
Min: -9.94  Med: 2.48 Max: 3.2
Current: -11.77
-9.94
3.2
Net-margin (%) -6.83
MEP's Net-margin (%) is ranked lower than
80% of the 111 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 6.43 vs. MEP: -6.83 )
Ranked among companies with meaningful Net-margin (%) only.
MEP' s Net-margin (%) Range Over the Past 10 Years
Min: -5.77  Med: 2.54 Max: 5.14
Current: -6.83
-5.77
5.14
ROE (%) -9.59
MEP's ROE (%) is ranked lower than
81% of the 112 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 6.41 vs. MEP: -9.59 )
Ranked among companies with meaningful ROE (%) only.
MEP' s ROE (%) Range Over the Past 10 Years
Min: -9.19  Med: 7.01 Max: 177
Current: -9.59
-9.19
177
ROA (%) -3.08
MEP's ROA (%) is ranked lower than
80% of the 117 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 2.66 vs. MEP: -3.08 )
Ranked among companies with meaningful ROA (%) only.
MEP' s ROA (%) Range Over the Past 10 Years
Min: -2.97  Med: 3.38 Max: 52.53
Current: -3.08
-2.97
52.53
ROC (Joel Greenblatt) (%) -6.66
MEP's ROC (Joel Greenblatt) (%) is ranked lower than
82% of the 114 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 7.99 vs. MEP: -6.66 )
Ranked among companies with meaningful ROC (Joel Greenblatt) (%) only.
MEP' s ROC (Joel Greenblatt) (%) Range Over the Past 10 Years
Min: -6.7  Med: 4.20 Max: 77.37
Current: -6.66
-6.7
77.37
Revenue Growth (3Y)(%) -47.20
MEP's Revenue Growth (3Y)(%) is ranked lower than
95% of the 80 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: -2.40 vs. MEP: -47.20 )
Ranked among companies with meaningful Revenue Growth (3Y)(%) only.
MEP' s Revenue Growth (3Y)(%) Range Over the Past 10 Years
Min: -47.2  Med: 42.70 Max: 154.6
Current: -47.2
-47.2
154.6
» MEP's 10-Y Financials

Financials (Next Earnings Date: Est. 2016-07-30)


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

» Details

Insider Trades

Latest Guru Trades with MEP

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

No Entry found in the selected group of Gurus. You can
  • 1. Modify your Personalized List of Gurus, or
  • 2. Click on Premium Premium Tools above to check out all the Gurus, or
  • 3. Click on Premium Plus Premium Plus above for the stocks picks of all the institutional investment advisors (>4000)
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Business Description

Industry: Oil & Gas - Midstream » Oil & Gas Midstream
Compare:NAS:GPP, NYSE:AMID, BKK:SGP, NYSE:JPEP, NYSE:ARCX » details
Traded in other countries:M7E.Germany,
Midcoast Energy Partners LP provides natural gas services. The Company gathers, processes, transports and markets natural gas and natural gas liquids to intrastate and interstate pipelines for transportation to various customers and market outlets.

Midcoast Energy Partners LP is incorporated in Delaware in 2013 by Enbridge Energy Partners, L.P., or EEP, to serve as EEP's primary vehicle for owning and growing its natural gas and natural gas liquids, or NGL, midstream business in the United States. The Company's 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 the 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 market natural gas and NGLs to wholesale customers. The Company conducts its business through two segments namely Gathering, Processing and Transportation and Logistics and Marketing. The gathering, processing and transportation business consists of the following four systems namely Anadarko system, East Texas system, North Texas system and North Texas system. Anadarko system holds approximately 3,100 miles of natural gas gathering and transportation pipelines, approximately 58 miles of NGL pipelines, nine active natural gas processing plants, three standby natural gas processing plants and one standby treating plant located in the Anadarko basin. East Texas system holds approximately 3,900 miles of natural gas gathering and transportation pipelines, approximately 108 miles of NGL pipelines, six active natural gas processing plants, including two hydrocarbon dewpoint control facilities, or HCDP plants, eight active natural gas treating plants, three standby natural gas treating plants and one fractionation facility located in the East Texas basin. North Texas system holds Approximately 4,600 miles of natural gas gathering and transportation pipelines, approximately 60 miles of NGL pipelines, six active natural gas processing plants and one standby natural gas processing plant located in the Fort Worth basin and Texas Express NGL system holds 35% interest in an approximately 580-mile NGL intrastate transportation mainline and a related NGL gathering system that consists of approximately 116 miles of gathering lines.

Ratios

vs
industry
vs
history
P/B 0.22
MEP's P/B is ranked higher than
97% of the 111 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 2.01 vs. MEP: 0.22 )
Ranked among companies with meaningful P/B only.
MEP' s P/B Range Over the Past 10 Years
Min: 0.11  Med: 0.35 Max: 0.66
Current: 0.22
0.11
0.66
P/S 0.15
MEP's P/S is ranked higher than
96% of the 110 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 2.57 vs. MEP: 0.15 )
Ranked among companies with meaningful P/S only.
MEP' s P/S Range Over the Past 10 Years
Min: 0.05  Med: 0.11 Max: 0.16
Current: 0.15
0.05
0.16
PFCF 32.76
MEP's PFCF is ranked lower than
72% of the 61 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 16.20 vs. MEP: 32.76 )
Ranked among companies with meaningful PFCF only.
MEP' s PFCF Range Over the Past 10 Years
Min: 1.2  Med: 1.80 Max: 34.64
Current: 32.76
1.2
34.64
POCF 2.19
MEP's POCF is ranked higher than
90% of the 99 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 7.99 vs. MEP: 2.19 )
Ranked among companies with meaningful POCF only.
MEP' s POCF Range Over the Past 10 Years
Min: 0.53  Med: 1.99 Max: 10.11
Current: 2.19
0.53
10.11
Current Ratio 0.76
MEP's Current Ratio is ranked lower than
75% of the 113 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 1.13 vs. MEP: 0.76 )
Ranked among companies with meaningful Current Ratio only.
MEP' s Current Ratio Range Over the Past 10 Years
Min: 0.52  Med: 1.04 Max: 2.04
Current: 0.76
0.52
2.04
Quick Ratio 0.72
MEP's Quick Ratio is ranked lower than
66% of the 113 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 1.00 vs. MEP: 0.72 )
Ranked among companies with meaningful Quick Ratio only.
MEP' s Quick Ratio Range Over the Past 10 Years
Min: 0.4  Med: 0.98 Max: 2.04
Current: 0.72
0.4
2.04
Days Inventory 8.16
MEP's Days Inventory is ranked higher than
76% of the 88 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 16.64 vs. MEP: 8.16 )
Ranked among companies with meaningful Days Inventory only.
MEP' s Days Inventory Range Over the Past 10 Years
Min: 0.52  Med: 5.62 Max: 7.82
Current: 8.16
0.52
7.82
Days Sales Outstanding 1.57
MEP's Days Sales Outstanding is ranked higher than
97% of the 105 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 31.39 vs. MEP: 1.57 )
Ranked among companies with meaningful Days Sales Outstanding only.
MEP' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.97  Med: 11.40 Max: 88.98
Current: 1.57
0.97
88.98

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 18.20
MEP's Dividend Yield is ranked higher than
92% of the 124 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 7.99 vs. MEP: 18.20 )
Ranked among companies with meaningful Dividend Yield only.
MEP' s Dividend Yield Range Over the Past 10 Years
Min: 0.75  Med: 9.68 Max: 35.95
Current: 18.2
0.75
35.95
Forward Dividend Yield 18.64
MEP's Forward Dividend Yield is ranked higher than
95% of the 124 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 8.01 vs. MEP: 18.64 )
Ranked among companies with meaningful Forward Dividend Yield only.
N/A
Yield on cost (5-Year) 18.20
MEP's Yield on cost (5-Year) is ranked higher than
86% of the 121 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 9.30 vs. MEP: 18.20 )
Ranked among companies with meaningful Yield on cost (5-Year) only.
MEP' s Yield on cost (5-Year) Range Over the Past 10 Years
Min: 0.75  Med: 9.68 Max: 35.95
Current: 18.2
0.75
35.95
3-Year Average Share Buyback Ratio -53.30
MEP's 3-Year Average Share Buyback Ratio is ranked lower than
94% of the 72 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: -9.80 vs. MEP: -53.30 )
Ranked among companies with meaningful 3-Year Average Share Buyback Ratio only.
MEP' s 3-Year Average Share Buyback Ratio Range Over the Past 10 Years
Min: -149.3  Med: -53.30 Max: 0.1
Current: -53.3
-149.3
0.1

Valuation & Return

vs
industry
vs
history
Price/Tangible Book 0.27
MEP's Price/Tangible Book is ranked higher than
97% of the 94 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 2.22 vs. MEP: 0.27 )
Ranked among companies with meaningful Price/Tangible Book only.
MEP' s Price/Tangible Book Range Over the Past 10 Years
Min: 0.17  Med: 0.46 Max: 0.93
Current: 0.27
0.17
0.93
Price/Projected FCF 0.24
MEP's Price/Projected FCF is ranked higher than
93% of the 44 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 1.47 vs. MEP: 0.24 )
Ranked among companies with meaningful Price/Projected FCF only.
MEP' s Price/Projected FCF Range Over the Past 10 Years
Min: 0.16  Med: 0.41 Max: 0.69
Current: 0.24
0.16
0.69
Price/Median PS Value 1.34
MEP's Price/Median PS Value is ranked lower than
76% of the 103 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 0.99 vs. MEP: 1.34 )
Ranked among companies with meaningful Price/Median PS Value only.
MEP' s Price/Median PS Value Range Over the Past 10 Years
Min: 0.5  Med: 1.01 Max: 1.47
Current: 1.34
0.5
1.47
Earnings Yield (Greenblatt) (%) -7.99
MEP's Earnings Yield (Greenblatt) (%) is ranked lower than
88% of the 114 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 4.10 vs. MEP: -7.99 )
Ranked among companies with meaningful Earnings Yield (Greenblatt) (%) only.
MEP' s Earnings Yield (Greenblatt) (%) Range Over the Past 10 Years
Min: -8.02  Med: 1.40 Max: 4
Current: -7.99
-8.02
4

More Statistics

Revenue (TTM) (Mil) $2,401
EPS (TTM) $ -3.56
Short Percentage of Float5.56%
52-Week Range $3.76 - 13.58
Shares Outstanding (Mil)45.22

Analyst Estimate

Dec16 Dec17 Dec18
Revenue (Mil $) 3,294 3,193 3,229
EPS ($) -0.69 -1.48 -1.16
EPS without NRI ($) -0.69 -1.48 -1.16
EPS Growth Rate
(3Y to 5Y Estimate)
N/A
» More Articles for MEP

Headlines

Articles On GuruFocus.com
No related article found.

More From Other Websites
Fractionation Spread Rose Again Last Week: Key for Investors May 23 2016
Can the Rally in Midcoast Energy Partners (MEP) Shares Continue? May 20 2016
Why Midcoast Energy Partners (MEP) Could Beat Earnings Estimates Again May 17 2016
Midcoast Energy Partners LP :MEP-US: Earnings Analysis: Q1, 2016 By the Numbers May 12 2016
ETE and ETP: What Do Analysts Recommend Post-1Q16? May 09 2016
MIDCOAST ENERGY PARTNERS, L.P. Financials May 06 2016
Midcoast Energy Partners upgraded by Credit Suisse May 03 2016
Dwindling Revenues May Force Enbridge To Sell Its U.S. NatGas Assets May 02 2016
Edited Transcript of MEP earnings conference call or presentation 2-May-16 12:30pm GMT May 02 2016
MIDCOAST ENERGY PARTNERS, L.P. Files SEC form 8-K, Results of Operations and Financial Condition,... May 02 2016
Midcoast Energy reports 1Q loss May 02 2016
Midcoast Energy reports 1Q loss May 02 2016
Midcoast Energy Partners, L.P. Reports Earnings for First Quarter 2016 May 02 2016
Enbridge Energy Partners, L.P. Declares Distribution for First Quarter 2016 Apr 29 2016
Q1 2016 Midcoast Energy Partners LP Earnings Release - After Market Close Apr 29 2016
Midcoast Energy Partners, L.P. Declares Distribution for First Quarter 2016 Apr 28 2016
Enbridge Energy Partners, L.P. to Webcast Its 2016 First Quarter Financial Results Apr 15 2016
Midcoast Energy Partners, L.P. to Webcast Its 2016 First Quarter Financial Results Apr 15 2016
5 Breakout Stocks for Your Buy List Mar 18 2016
Genesis Energy (GEL) Catches Eye: Stock Jumps 7.4% Mar 18 2016

Personalized Checklist

Checklist has been moved to "Checklist" tab.

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)