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Noble Midstream Partners Shares Initiated Overweight By Barclays
Monday, October 10, 2016 - 7:00am | 312Shares of Noble Midstream Partners LP (NYSE: NBLX) are currently trading at a discount to the sponsored G&P MLPs peer group, despite offering better growth prospects, Barclays’ Heejung Ryoo said in a report. She initiated coverage of the company with an Overweight rating and a price...
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Targa Resources Provides A Safe Dividend, Poised To Grow In 2018
Tuesday, September 27, 2016 - 12:26pm | 348Barclays cites the high dividend of Targa Resources Corp (NYSE: TRGP), which it qualifies as safe and well positioned to grow in 2018, as reason for owning the shares of the company. The firm noted that the company's dividend yield is 7.4 percent. Targa Versus Peers Heejung Ryoo, the firm's analyst...
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Barclays Adjusts Estimates On Sunoco, Other MLPs
Thursday, July 7, 2016 - 8:43am | 378Barclays’ Heejung Ryoo revised the earnings projections for three US MLPs. The analyst has Equal-Weight ratings on all three stocks - Sunoco LP (NYSE: SUN), Holly Energy Partners, L.P. (NYSE: HEP) and Delek Logistics Partners LP (NYSE: DKL), with price targets of $32, $35 and $32,...
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Barclays Reinstates Coverage On Energy Transfer Equity At Overweight
Tuesday, July 5, 2016 - 10:31am | 293Barclays has reinstated coverage of Energy Transfer Equity LP (NYSE: ETE) with an Overweight rating and $20 price target, saying that it offers attractive valuation while offering distribution growth CAGR of 14 percent from 2015–2020. The brokerage said units of Energy Transfer Equity are...
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Barclays Reinstates Coverage Of Crestwood Equity At Underweight
Tuesday, June 21, 2016 - 10:16am | 281Barclays analysts Heejung Ryoo and Richard Gross have reinstated coverage of Crestwood Equity Partners LP (NYSE: CEQP) with an Underweight rating and a price objective of $22.00. The analysts expect improvements in financials due to JV deal and 56 percent cut in distribution. The brokerage...
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Sunoco To Feel Increased Pressure On Its Margins, Barclays Says
Thursday, June 16, 2016 - 12:20pm | 238Barclays said Sunoco LP (NYSE: SUN) will likely feel increased pressure on margins as its fuel margins are directly impacted by the price of crude. Furthermore, leverage is expected to remain elevated through 2017. For the first quarter, leverage reached 5.4x compared to 4.1x the fourth quarter of...
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Barclays: Energy Transfer Partners Offers 'Safe Yield And Growth Prospects'
Tuesday, May 31, 2016 - 9:14am | 413Barclays still believes Energy Transfer Partners LP (NYSE: ETP) offers "safe yield and growth prospects" for 2018 and beyond. The brokerage, which has an Overweight rating on Energy Transfer Partners, said the firm would benefit from "$10 billion of organic projects under execution," of which...