BreitBurn Energy Partners LP (BreitBurn Energy Partners LP) Cash, Cash Equivalents, Marketable Securities : $7.2 Mil (As of Sep. 2017)

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What is BreitBurn Energy Partners LP Cash, Cash Equivalents, Marketable Securities?

BreitBurn Energy Partners LP's quarterly cash, cash equivalents, marketable securities declined from Mar. 2017 ($39.60 Mil) to Jun. 2017 ($10.42 Mil) but then stayed the same from Jun. 2017 ($10.42 Mil) to Sep. 2017 ($7.16 Mil).

BreitBurn Energy Partners LP's annual cash, cash equivalents, marketable securities declined from Dec. 2014 ($12.63 Mil) to Dec. 2015 ($10.46 Mil) but then increased from Dec. 2015 ($10.46 Mil) to Dec. 2016 ($71.12 Mil).

BreitBurn Energy Partners LP Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for BreitBurn Energy Partners LP's Cash, Cash Equivalents, Marketable Securities 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.

BreitBurn Energy Partners LP Cash, Cash Equivalents, Marketable Securities Chart

BreitBurn Energy Partners LP Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Cash, Cash Equivalents, Marketable Securities

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4.51

2.46

12.63

10.46

71.12

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
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															99.40	71.12	39.60	10.42	7.16

BreitBurn Energy Partners LP Cash, Cash Equivalents, Marketable Securities Calculation

Cash and cash equivalents are the most liquid assets on the balance sheet. Cash equivalents are assets that are readily convertible into cash, such as money market holdings, short-term government bonds or Treasury bills, marketable securities and commercial paper.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

BreitBurn Energy Partners LP (OTCPK:BBEPQ) Cash, Cash Equivalents, Marketable Securities Explanation

Marketable securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

A high number means either:

1) The company has competitive advantage generating lots of cash

2) Just sold a business or bonds (not necessarily good)

A low stockpile of cash usually means poor to mediocre economics.

There are 3 ways to create large cash reserve.

1) Sell new bonds or equity to public

2) Sell business or asset

3) It has an ongoing business generating more cash than it burns (usually means durable competitive advantage)

When a company is suffering a short term problem, Buffett looks at cash or marketable securities to see whether it has the financial strength to ride it out.

Important: Lots of cash and marketable securities + little debt = good chance that the business will sail on through tough times.

Test to see what is creating cash by looking at past 7 yrs of balance sheets. This will reveal how the cash was created.

BreitBurn Energy Partners LP Cash, Cash Equivalents, Marketable Securities Related Terms

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

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » BreitBurn Energy Partners LP (OTCPK:BBEPQ) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

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Address

Website

http://www.breitburn.com

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
Randall Hart Breitenbach	director	BREITBURN ENERGY PARTNERS L.P., 515 SOUTH FLOWER STREET, SUITE 4800, LOS ANGELES CA 90071
Donald D Wolf	director	1670 BROADWAY SUITE 2800, DENVER CO 80202
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
James G Jackson	officer: Executive VP and CFO	515 SOUTH FLOWER STREET, SUITE 4800, LOS ANGELES CA 90071
Halbert S Washburn	director, officer: Chief Executive Officer	515 SOUTH FLOWER STREET 48TH FLOOR, SUITE 4800, LOS ANGELES CA 90071
Gregory C Brown	officer: EVP, Gen. Counsel, CAO	C/O BREITBURN ENERGY PARTNERS L.P., 515 SOUTH FLOWER STREET, SUITE 4800, LOS ANGELES CA 90071
Mark L Pease	officer: President and COO	C/O ANADARKO PETROLEUM CORP, 1201 LAKE ROBBINS DR, THE WOODLANDS CA 77380
David B Kilpatrick	director	35 HARBOR RIDGE DR., SUITE 4800, NEWORT BEACH CA 92660
Willis Jackson Washburn	officer: Senior Vice President	C/O BREITBURN ENERGY PARTNERS L.P., 515 SOUTH FLOWER STREET, SUITE 4800, LOS ANGELES CA 90071
Bruce D Mcfarland	officer: VP and Treasurer	BREITBURN ENERGY PARTNERS L.P., 515 SOUTH FLOWER STREET, SUITE 4800, LOS ANGELES CA 90071
Lawrence C Smith	officer: VP, Controller & Chf Actg Ofcr	515 SOUTH FLOWER STREET, SUITE 4800, SUITE 4800, LOS ANGELES CA 90071
Kurt Talbot	director	C/O EIG MANAGEMENT COMPANY, LLC, 1700 PENNSYLVANIA AVE NW, SUITE 800, WASHINGTON NY 20006