Switch to:

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 : 6/10

vs
industry
vs
history
Cash to Debt 0.01
MEP's Cash to Debt is ranked lower than
57% of the 1072 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 0.48 vs. MEP: 0.01 )
MEP' s 10-Year Cash to Debt Range
Min: 0.01   Max: No Debt
Current: 0.01

Equity to Asset 0.33
MEP's Equity to Asset is ranked higher than
63% of the 1042 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 0.53 vs. MEP: 0.33 )
MEP' s 10-Year Equity to Asset Range
Min: 0.22   Max: 0.87
Current: 0.33

0.22
0.87
Interest Coverage 9.14
MEP's Interest Coverage is ranked higher than
70% of the 677 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 20.40 vs. MEP: 9.14 )
MEP' s 10-Year Interest Coverage Range
Min: 9.14   Max: 9999.99
Current: 9.14

9.14
9999.99
F-Score: 6
Z-Score: 1.07
M-Score: -2.68
WACC vs ROIC
2.44%
4.83%
WACC
ROIC
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 : 6/10

vs
industry
vs
history
Operating margin (%) 2.19
MEP's Operating margin (%) is ranked higher than
77% of the 1067 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 5.33 vs. MEP: 2.19 )
MEP' s 10-Year Operating margin (%) Range
Min: 1.16   Max: 3.2
Current: 2.19

1.16
3.2
Net-margin (%) 5.24
MEP's Net-margin (%) is ranked higher than
81% of the 1067 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: -3.01 vs. MEP: 5.24 )
MEP' s 10-Year Net-margin (%) Range
Min: 0.92   Max: 14.1
Current: 5.24

0.92
14.1
ROE (%) 15.57
MEP's ROE (%) is ranked higher than
92% of the 1148 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: -2.78 vs. MEP: 15.57 )
MEP' s 10-Year ROE (%) Range
Min: 1.64   Max: 177
Current: 15.57

1.64
177
ROA (%) 4.79
MEP's ROA (%) is ranked higher than
88% of the 1186 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: -2.00 vs. MEP: 4.79 )
MEP' s 10-Year ROA (%) Range
Min: 0.88   Max: 52.53
Current: 4.79

0.88
52.53
ROC (Joel Greenblatt) (%) 2.70
MEP's ROC (Joel Greenblatt) (%) is ranked higher than
82% of the 1170 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: -1.83 vs. MEP: 2.70 )
MEP' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: 1.6   Max: 75.92
Current: 2.7

1.6
75.92
Revenue Growth (3Y)(%) -40.70
MEP's Revenue Growth (3Y)(%) is ranked higher than
61% of the 794 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 8.20 vs. MEP: -40.70 )
MEP' s 10-Year Revenue Growth (3Y)(%) Range
Min: -40.7   Max: 154.8
Current: -40.7

-40.7
154.8
EBITDA Growth (3Y)(%) -37.80
MEP's EBITDA Growth (3Y)(%) is ranked higher than
62% of the 680 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 3.70 vs. MEP: -37.80 )
MEP' s 10-Year EBITDA Growth (3Y)(%) Range
Min: 0   Max: -32.8
Current: -37.8

» MEP's 10-Y Financials

Financials


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

» 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 )

Ratios

vs
industry
vs
history
P/E(ttm) 14.10
MEP's P/E(ttm) is ranked higher than
90% of the 1348 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 0.00 vs. MEP: 14.10 )
MEP' s 10-Year P/E(ttm) Range
Min: 8.36   Max: 15.39
Current: 14.1

8.36
15.39
Forward P/E 156.25
MEP's Forward P/E is ranked higher than
73% of the 1348 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 0.00 vs. MEP: 156.25 )
N/A
PE(NRI) 14.30
MEP's PE(NRI) is ranked higher than
93% of the 1348 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 0.00 vs. MEP: 14.30 )
MEP' s 10-Year PE(NRI) Range
Min: 6.95   Max: 15.6
Current: 14.3

6.95
15.6
P/B 0.33
MEP's P/B is ranked higher than
92% of the 1348 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 1.25 vs. MEP: 0.33 )
MEP' s 10-Year P/B Range
Min: 0.28   Max: 0.66
Current: 0.33

0.28
0.66
P/S 0.12
MEP's P/S is ranked higher than
99% of the 1348 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 2.92 vs. MEP: 0.12 )
MEP' s 10-Year P/S Range
Min: 0.09   Max: 0.17
Current: 0.12

0.09
0.17
POCF 5.39
MEP's POCF is ranked higher than
88% of the 1348 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 10.16 vs. MEP: 5.39 )
MEP' s 10-Year POCF Range
Min: 1.14   Max: 9.96
Current: 5.39

1.14
9.96
EV-to-EBIT 34.86
MEP's EV-to-EBIT is ranked higher than
82% of the 1348 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 0.00 vs. MEP: 34.86 )
MEP' s 10-Year EV-to-EBIT Range
Min: 25   Max: 947.4
Current: 34.86

25
947.4
Shiller P/E 10.68
MEP's Shiller P/E is ranked higher than
96% of the 1348 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 0.00 vs. MEP: 10.68 )
MEP' s 10-Year Shiller P/E Range
Min: 8.26   Max: 19.26
Current: 10.68

8.26
19.26
Current Ratio 0.80
MEP's Current Ratio is ranked higher than
73% of the 1171 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 1.22 vs. MEP: 0.80 )
MEP' s 10-Year Current Ratio Range
Min: 0.52   Max: 2.04
Current: 0.8

0.52
2.04
Quick Ratio 0.73
MEP's Quick Ratio is ranked higher than
71% of the 1171 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 1.14 vs. MEP: 0.73 )
MEP' s 10-Year Quick Ratio Range
Min: 0.4   Max: 2.04
Current: 0.73

0.4
2.04
Days Inventory 8.77
MEP's Days Inventory is ranked higher than
96% of the 1348 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 0.00 vs. MEP: 8.77 )
MEP' s 10-Year Days Inventory Range
Min: 1.04   Max: 6.82
Current: 8.77

1.04
6.82
Days Sales Outstanding 1.94
MEP's Days Sales Outstanding is ranked higher than
100% of the 1348 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 59.01 vs. MEP: 1.94 )
MEP' s 10-Year Days Sales Outstanding Range
Min: 0.97   Max: 110.49
Current: 1.94

0.97
110.49

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 9.73
MEP's Dividend Yield is ranked higher than
72% of the 389 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 4.16 vs. MEP: 9.73 )
MEP' s 10-Year Dividend Yield Range
Min: 0.75   Max: 9.74
Current: 9.73

0.75
9.74
Dividend Payout 1.39
MEP's Dividend Payout is ranked higher than
94% of the 1348 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 0.00 vs. MEP: 1.39 )
MEP' s 10-Year Dividend Payout Range
Min: 0.25   Max: 16.6
Current: 1.39

0.25
16.6
Yield on cost (5-Year) 9.70
MEP's Yield on cost (5-Year) is ranked higher than
72% of the 401 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 4.89 vs. MEP: 9.70 )
MEP' s 10-Year Yield on cost (5-Year) Range
Min: 0.75   Max: 9.74
Current: 9.7

0.75
9.74

Valuation & Return

vs
industry
vs
history
Price/Tangible Book 0.46
MEP's Price/Tangible Book is ranked higher than
94% of the 1348 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 1.50 vs. MEP: 0.46 )
MEP' s 10-Year Price/Tangible Book Range
Min: 0.44   Max: 0.81
Current: 0.46

0.44
0.81
Earnings Yield (Greenblatt) 2.90
MEP's Earnings Yield (Greenblatt) is ranked higher than
73% of the 1158 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 1.40 vs. MEP: 2.90 )
MEP' s 10-Year Earnings Yield (Greenblatt) Range
Min: 0.1   Max: 4
Current: 2.9

0.1
4

Business Description

Industry: Oil & Gas - E&P » Oil & Gas E&P
Compare: » details
Traded in other countries:M7E.Germany,
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.
» More Articles for MEP

Headlines

Articles On GuruFocus.com
Midcoast Energy Partners, L.P. to Webcast Its 2014 Fourth Quarter Financial Results Jan 21 2015 
Marsa Energy Inc. Announces Significant New Field Discovery, Reserves and Provides Drilling Update Jan 07 2015 
Marsa Energy Inc. Announces Significant New Gas Discovery and Provides Drilling Update Oct 27 2014 
Midcoast Energy Partners to Webcast Its 2014 Third Quarter Financial Results Oct 15 2014 
Midcoast Energy Partners, L.P. Announces Private Placement of Senior Unsecured Notes Oct 15 2014 

More From Other Websites
Midcoast Energy Partners downgraded by JP Morgan May 04 2015
MIDCOAST ENERGY PARTNERS, L.P. Files SEC form 10-Q, Quarterly Report May 01 2015
Midcoast Energy Partners LP Earnings Call scheduled for 8:30 am ET today Apr 30 2015
MIDCOAST ENERGY PARTNERS, L.P. Files SEC form 8-K, Results of Operations and Financial Condition,... Apr 30 2015
NYSE stocks posting largest percentage increases Apr 29 2015
Midcoast Energy Partners, L.P. Declares Distribution Increase and Reports Earnings for First Quarter... Apr 29 2015
Midcoast Energy Partners, L.P. Declares Distribution Increase and Reports Earnings for First Quarter... Apr 29 2015
Q1 2015 Midcoast Energy Partners LP Earnings Release - After Market Close Apr 29 2015
Midcoast Energy Partners, L.P. to Webcast Its 2015 First Quarter Financial Results Apr 10 2015
Midcoast Energy Partners, L.P. to Webcast Its 2015 First Quarter Financial Results Apr 10 2015
Investors' Radars Failed to Catch Midcoast Energy Partners (MEP), Has Yours? - Tale of the Tape Mar 18 2015
Midcoast Energy (MEP): Strong Industry, Solid Earnings Estimate Revisions - Tale of the Tape Mar 04 2015
Surging Earnings Estimates Signal Good News for Midcoast Energy Partners (MEP) - Tale of the Tape Feb 26 2015
MIDCOAST ENERGY PARTNERS, L.P. Financials Feb 25 2015
Midcoast Energy Partners Makes K-1 Tax Packages Available Online Feb 23 2015
Enbridge Energy Partners Makes K-1 Tax Packages Available Online Feb 23 2015
Midcoast Energy Partners Files Annual Report on Form 10-K Feb 18 2015
Midcoast Energy Partners LP Earnings Call scheduled for 8:30 am ET today Feb 18 2015
Midcoast Energy Partners Files Annual Report on Form 10-K Feb 18 2015
MIDCOAST ENERGY PARTNERS, L.P. Files SEC form 8-K, Results of Operations and Financial Condition,... Feb 18 2015

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)
FEEDBACK