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BreitBurn Energy Partners LP (BreitBurn Energy Partners LP) Interest Coverage : 0 (At Loss) (As of Sep. 2017)


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What is BreitBurn Energy Partners LP Interest Coverage?

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. BreitBurn Energy Partners LP's Operating Income for the three months ended in Sep. 2017 was $-436.21 Mil. BreitBurn Energy Partners LP's Interest Expense for the three months ended in Sep. 2017 was $-16.87 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for BreitBurn Energy Partners LP's Interest Coverage or its related term are showing as below:


BBPPQ.PFD's Interest Coverage is not ranked *
in the Oil & Gas industry.
Industry Median: 6.62
* Ranked among companies with meaningful Interest Coverage only.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


BreitBurn Energy Partners LP Interest Coverage Historical Data

The historical data trend for BreitBurn Energy Partners LP's Interest Coverage can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

* Premium members only.

BreitBurn Energy Partners LP Interest Coverage Chart

BreitBurn Energy Partners LP Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.39 0.51 4.30 - -

BreitBurn Energy Partners LP Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of BreitBurn Energy Partners LP's Interest Coverage

For the Oil & Gas E&P subindustry, BreitBurn Energy Partners LP's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


BreitBurn Energy Partners LP's Interest Coverage Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, BreitBurn Energy Partners LP's Interest Coverage distribution charts can be found below:

* The bar in red indicates where BreitBurn Energy Partners LP's Interest Coverage falls into.



BreitBurn Energy Partners LP Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

BreitBurn Energy Partners LP's Interest Coverage for the fiscal year that ended in Dec. 2016 is calculated as

Here, for the fiscal year that ended in Dec. 2016, BreitBurn Energy Partners LP's Interest Expense was $-148.21 Mil. Its Operating Income was $-576.81 Mil. And its Long-Term Debt & Capital Lease Obligation was $3.09 Mil.

BreitBurn Energy Partners LP did not have earnings to cover the interest expense.

BreitBurn Energy Partners LP's Interest Coverage for the quarter that ended in Sep. 2017 is calculated as

Here, for the three months ended in Sep. 2017, BreitBurn Energy Partners LP's Interest Expense was $-16.87 Mil. Its Operating Income was $-436.21 Mil. And its Long-Term Debt & Capital Lease Obligation was $3.08 Mil.

BreitBurn Energy Partners LP did not have earnings to cover the interest expense.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's Financial Strength is.


BreitBurn Energy Partners LP  (OTCPK:BBPPQ.PFD) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


BreitBurn Energy Partners LP Interest Coverage Related Terms

Thank you for viewing the detailed overview of BreitBurn Energy Partners LP's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


BreitBurn Energy Partners LP (BreitBurn Energy Partners LP) Business Description

Traded in Other Exchanges
N/A
Address
Breitburn Energy Partners LP is engaged in the oil and gas market. It is an independent oil and gas partnership focused on the acquisition, exploitation, and development of oil, natural gas liquid (NGL) and natural gas properties in the United States. Its midstream assets include transmission and gathering pipelines, gas processing plants, NGL recovery plants, a controlling interest in a salt water disposal company.
Executives
Thomas E Thurmond officer: Senior Vice President 515 S. FLOWER STREET SUITE 4800, LOS ANGELES CA 90071
Kurt Talbot director C/O EIG MANAGEMENT COMPANY, LLC, 1700 PENNSYLVANIA AVE NW, SUITE 800, WASHINGTON NY 20006
Donald D Wolf director 1670 BROADWAY SUITE 2800, DENVER CO 80202
Walker C Friedman director 515 SOUTH FLOWER STREET, SUITE 4800, LOS ANGELES CA 90071
Rogers W Yandell Iii director 801 CHERRY STREET, SUITE 3700, UNIT 19, FORT WORTH TX 76102
David B Kilpatrick director 35 HARBOR RIDGE DR., SUITE 4800, NEWORT BEACH CA 92660
Gregory J Moroney director 515 SOUTH FLOWER STREET, SUITE 4800, SUITE 4800, LOS ANGELES CA 90071
Butler John R Jr director ANADARKO PETROLEUM CORPORATION, 1201 LAKE ROBBINS DR., THE WOODLANDS CA 77380
Charles S Weiss director 515 SOUTH FLOWER STREET, SUITE 4800, SUITE 4800, LOS ANGELES CA 90071
Lawrence C Smith officer: Vice President and Controller 515 SOUTH FLOWER STREET, SUITE 4800, SUITE 4800, LOS ANGELES CA 90071
Chris E Williamson officer: Senior VP, Western Division 515 SOUTH FLOWER STREET, SUITE 4800, LOS ANGELES CA 90071
Bruce D Mcfarland officer: VP, Treasurer and Secretary BREITBURN ENERGY PARTNERS L.P., 515 SOUTH FLOWER STREET, SUITE 4800, LOS ANGELES CA 90071
Willis Jackson Washburn officer: Senior VP, Business Dev. C/O BREITBURN ENERGY PARTNERS L.P., 515 SOUTH FLOWER STREET, SUITE 4800, LOS ANGELES CA 90071
Randall Hart Breitenbach officer: President BREITBURN ENERGY PARTNERS L.P., 515 SOUTH FLOWER STREET, SUITE 4800, LOS ANGELES CA 90071
Mark L Pease officer: COO & Executive V.P. C/O ANADARKO PETROLEUM CORP, 1201 LAKE ROBBINS DR, THE WOODLANDS CA 77380

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