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Eagle Rock Energy Partners LP (Eagle Rock Energy Partners LP) Net Cash per Share : $-1.61 (As of Jun. 2015)


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What is Eagle Rock Energy Partners LP Net Cash per Share?

Net Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Eagle Rock Energy Partners LP's Net Cash per Share for the quarter that ended in Jun. 2015 was $-1.61.

The historical rank and industry rank for Eagle Rock Energy Partners LP's Net Cash per Share or its related term are showing as below:

EROC's Price-to-Net-Cash is not ranked *
in the Oil & Gas industry.
Industry Median: 5.445
* Ranked among companies with meaningful Price-to-Net-Cash only.

Eagle Rock Energy Partners LP Net Cash per Share Historical Data

The historical data trend for Eagle Rock Energy Partners LP's Net Cash per Share 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.

* Premium members only.

Eagle Rock Energy Partners LP Net Cash per Share Chart

Eagle Rock Energy Partners LP Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -9.18 -8.03 -9.62 -9.86 -1.35

Eagle Rock Energy Partners LP Quarterly Data
Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15
Net Cash per Share 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 -10.24 -0.89 -1.35 -1.49 -1.61

Competitive Comparison of Eagle Rock Energy Partners LP's Net Cash per Share

For the Oil & Gas Midstream subindustry, Eagle Rock Energy Partners LP's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash 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.


Eagle Rock Energy Partners LP's Price-to-Net-Cash Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Eagle Rock Energy Partners LP's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Eagle Rock Energy Partners LP's Price-to-Net-Cash falls into.



Eagle Rock Energy Partners LP Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

Eagle Rock Energy Partners LP's Net Cash per Share for the fiscal year that ended in Dec. 2014 is calculated as

Net Cash per Share (A: Dec. 2014 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(199.596-405.805-0)/152.575
=-1.35

Eagle Rock Energy Partners LP's Net Cash per Share for the quarter that ended in Jun. 2015 is calculated as

Net Cash per Share (Q: Jun. 2015 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(36.189-276.97-0)/149.563
=-1.61

* 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.


Eagle Rock Energy Partners LP  (NAS:EROC) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


Eagle Rock Energy Partners LP Net Cash per Share Related Terms

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Eagle Rock Energy Partners LP (Eagle Rock Energy Partners LP) Business Description

Traded in Other Exchanges
N/A
Address
Eagle Rock Energy Partners LP was formed in May 2006, is the successor to Eagle Rock Pipeline, L.P. as a result of its initial public offering in October 2006. The Company is engaged in the business of developing and producing interests in oil and natural gas properties (Upstream Business) and gathering, compressing, treating, processing and transporting natural gas; fractionating and transporting natural gas liquids crude oil and condensate logistics and marketing; and natural gas marketing and trading (Midstream Business). Its Upstream Business consists of properties located in four significant oil and gas producing regions: South Alabama (which includes the associated gathering, processing and treating assets); Mid-Continent (which includes areas in Oklahoma, Arkansas and the Texas Panhandle); Permian (which includes areas in West Texas); and East Texas/South Texas/Mississippi/Louisiana. Its Midstream Business is located in four significant natural gas producing regions: the Texas Panhandle; East Texas/Louisiana; South Texas; and the Gulf of Mexico. These four regions are productive, mature, natural gas producing basins that have historically experienced significant drilling activity. The Company's segments include Texas Panhandle, East Texas and Other Midstream and Marketing and Trading. The Texas Panhandle Segment covers 14 counties in Texas and two counties in Oklahoma. Through the systems within this segment it offers midstream wellhead-to-market services, including gathering, compressing, treating, processing and selling of natural gas, and fractionating and selling of NGLs. The East Texas and Other Midstream Segment operates in the East Texas/Louisiana, South Texas and the Gulf of Mexico natural gas producing regions. Through its East Texas/Louisiana region, it offers producers natural gas gathering, treating, processing and transportation and NGL transportation across 21 counties in East Texas and seven parishes in West Louisiana. Through the Marketing and Trading Segment, it sells natural gas to wholesale and retail markets at various market hubs and specific facility locations, depending on market conditions. The Company's business is subject to several federal and state laws and regulations, including federal safety standards developed under the Occupational Safety and Health Act. The Company's competitors include DCP Midstream, LLC and Midcoast Energy Partners, L.P., Crosstex Energy, L.P., Energy Transfer Partners, LP and Enterprise Products Partners, L.P.
Executives
William A Smith director KINDER MORGAN, 1001 LOUISIANA, SUITE 1000, HOUSTON TX 77002
Charles C Boettcher officer: SVP and General Counsel 800 CAPITOL STREET 3000, HOUSTON TX 77002
Joseph A Mills director, officer: Chairman and CEO EAGLE ROCK ENERGY PARTNERS, L.P., P.O. BOX 2968, HOUSTON TX 77252-2968
Lawrence J. Thuillier officer: VP & Corporate Controller 1415 LOUISIANA STREET, SUITE 2700, HOUSTON TX 77002
Peggy A Heeg director 1001 LOUISIANA STREET STE 5100 HOUSTON TX 77002
Jeffrey P. Wood officer: SVP & Chief Financial Officer EAGLE ROCK ENERGY PARTNERS, L.P., P.O. BOX 2968, HOUSTON TX 77252-2968
Kenneth A Hersh 10 percent owner 1675 BROADWAY, SUITE 1950, DENVER CO 80202
David W Hayes director 125 E. JOHN CARPENTER FREEWAY, SUITE 600, IRVING TX 75062
Elizabeth T Wilkinson officer: VP Investor Relations & Treas 4201 W MEMORIAL, APT 5106, OKLAHOMA CITY OK 73134
Steven B Klinsky 10 percent owner C/O NEW MOUNTAIN CAPITAL, L.L.C., 1633 BROADWAY, 48TH FLOOR, NEW YORK NY 10019
Lehman Brothers Holdings Inc 10 percent owner 1271 AVENUE OF THE AMERICAS, NEW YORK NY 10020