Eagle Rock Energy Partners (NASDAQ: EROC) shares currently have a dividend yield of 13.70%. Eagle Rock Energy Partners, L.P., together with its subsidiaries, engages in gathering, compressing, treating, processing, transporting, marketing, and trading natural gas, as well as fractionating and transporting natural gas liquids (NGL). The average volume for Eagle Rock Energy Partners has been 807,200 shares per day over the past 30 days. Eagle Rock Energy Partners has a market cap of $1.0 billion and is part of the energy industry. Shares are down 25.9% year to date as of the close of trading on Tuesday. TheStreet Ratings rates Eagle Rock Energy Partners as a hold. Among the primary strengths of the company is its revenue growth. At the same time, however, we also find weaknesses including deteriorating net income, generally higher debt management risk and disappointing return on equity. Highlights from the ratings report include:
- The revenue growth came in higher than the industry average of 10.1%. Since the same quarter one year prior, revenues rose by 13.4%. This growth in revenue does not appear to have trickled down to the company's bottom line, displayed by a decline in earnings per share.
- EAGLE ROCK ENERGY PARTNRS LP has exprienced a steep decline in earnings per share in the most recent quarter in comparison to its performance from the same quarter a year ago. The company has reported a trend of declining earnings per share over the past two years. However, the consensus estimate suggests that this trend should reverse in the coming year. During the past fiscal year, EAGLE ROCK ENERGY PARTNRS LP swung to a loss, reporting -$1.11 versus $0.38 in the prior year. This year, the market expects an improvement in earnings (-$0.07 versus -$1.11).
- Despite any intermediate fluctuations, we have only bad news to report on this stock's performance over the last year: it has tumbled by 28.40%, worse than the S&P 500's performance. Consistent with the plunge in the stock price, the company's earnings per share are down 76.08% compared to the year-earlier quarter. Turning toward the future, the fact that the stock has come down in price over the past year should not necessarily be interpreted as a negative; it could be one of the factors that may help make the stock attractive down the road. Right now, however, we believe that it is too soon to buy.
- Return on equity has greatly decreased when compared to its ROE from the same quarter one year prior. This is a signal of major weakness within the corporation. Compared to other companies in the Oil, Gas & Consumable Fuels industry and the overall market, EAGLE ROCK ENERGY PARTNRS LP's return on equity significantly trails that of both the industry average and the S&P 500.
- The gross profit margin for EAGLE ROCK ENERGY PARTNRS LP is rather low; currently it is at 16.57%. It has decreased significantly from the same period last year. Along with this, the net profit margin of 5.00% trails that of the industry average.
- You can view the full Eagle Rock Energy Partners Ratings Report.
- Our dividend calendar.
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