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BreitBurn Energy Partners LP (BreitBurn Energy Partners LP) Financial Strength : 0 (As of Sep. 2017)


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What is BreitBurn Energy Partners LP Financial Strength?

BreitBurn Energy Partners LP has the Financial Strength Rank of 0.

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). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.

BreitBurn Energy Partners LP did not have earnings to cover the interest expense. BreitBurn Energy Partners LP's debt to revenue ratio for the quarter that ended in Sep. 2017 was 1.37. As of today, BreitBurn Energy Partners LP's Altman Z-Score is -1.01.


Competitive Comparison of BreitBurn Energy Partners LP's Financial Strength

For the Oil & Gas E&P subindustry, BreitBurn Energy Partners LP's Financial Strength, along with its competitors' market caps and Financial Strength 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 Financial Strength Distribution in the Oil & Gas Industry

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

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



BreitBurn Energy Partners LP Financial Strength Calculation

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors

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

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.

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

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:

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

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

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

The higher the ratio, the stronger the company's financial strength is.

2. Debt to revenue ratio. The lower, the better.

BreitBurn Energy Partners LP's Debt to Revenue Ratio for the quarter that ended in Sep. 2017 is

Debt to Revenue Ratio=Total Debt (Q: Sep. 2017 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(753.107 + 3.077) / 550.88
=1.37

3. Altman Z-Score.

Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

The zones of discrimination were as such:

When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.

BreitBurn Energy Partners LP has a Z-score of -1.01, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

* 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.


BreitBurn Energy Partners LP  (OTCPK:BBPPQ.PFD) Financial Strength Explanation

The maximum rank is 10. Companies with rank 7 or higher will be unlikely to fall into distressed situations. Companies with rank of 3 or less are likely in financial distress.

BreitBurn Energy Partners LP has the Financial Strength Rank of 0.


BreitBurn Energy Partners LP Financial Strength Related Terms

Thank you for viewing the detailed overview of BreitBurn Energy Partners LP's Financial Strength 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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