- BBEP has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $2.6 million.
- BBEP has traded 889,805 shares today.
- BBEP is trading at 3.78 times the normal volume for the stock at this time of day.
- BBEP is trading at a new low 9.25% below yesterday's close.
'Weak on High Relative Volume' stocks are worth watching because major volume moves tend to indicate underlying activity such as material stock news, analyst downgrades, insider selling, selling from 'superinvestors,' or that hedge funds and traders are piling out of a stock ahead of a catalyst. Regardless of the impetus behind the price and volume action, when a stock moves with strength and volume it can indicate the start of a new trend on which early investors can capitalize (or avoid losses by trimming weak positions). In the event of a well-timed trading opportunity, combining technical indicators with fundamental trends and a disciplined trading methodology should help you take the first steps towards investment success. EXCLUSIVE OFFER: Get the inside scoop on opportunities in BBEP with the Ticky from Trade-Ideas. See the FREE profile for BBEP NOW at Trade-Ideas More details on BBEP: Breitburn Energy Partners LP, an independent oil and gas partnership, acquires, exploits, and develops oil, natural gas liquids (NGLs), and natural gas properties in the United States. The stock currently has a dividend yield of 39.7%. Currently there is 1 analyst that rates BreitBurn Energy Partners a buy, 1 analyst rates it a sell, and 11 rate it a hold. The average volume for BreitBurn Energy Partners has been 2.4 million shares per day over the past 30 days. BreitBurn Energy has a market cap of $127.3 million and is part of the basic materials sector and energy industry. The stock has a beta of 1.71 and a short float of 6.2% with 2.91 days to cover. Shares are down 88.8% year-to-date as of the close of trading on Wednesday. EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE. TheStreetRatings.com Analysis: TheStreet Quant Ratings rates BreitBurn Energy Partners as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, generally high debt management risk, disappointing return on equity, generally disappointing historical performance in the stock itself and feeble growth in its earnings per share. Highlights from the ratings report include:
- The company, on the basis of change in net income from the same quarter one year ago, has significantly underperformed when compared to that of the S&P 500 and the Oil, Gas & Consumable Fuels industry. The net income has significantly decreased by 1116.5% when compared to the same quarter one year ago, falling from $130.64 million to -$1,327.93 million.
- The debt-to-equity ratio of 1.32 is relatively high when compared with the industry average, suggesting a need for better debt level management. To add to this, BBEP has a quick ratio of 0.69, this demonstrates the lack of ability of the company to cover short-term liquidity needs.
- 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, BREITBURN ENERGY PARTNERS LP's return on equity significantly trails that of both the industry average and the S&P 500.
- Despite any intermediate fluctuations, we have only bad news to report on this stock's performance over the last year: it has tumbled by 93.00%, worse than the S&P 500's performance. Consistent with the plunge in the stock price, the company's earnings per share are down 699.02% compared to the year-earlier quarter. Naturally, the overall market trend is bound to be a significant factor. However, in one sense, the stock's sharp decline last year is a positive for future investors, making it cheaper (in proportion to its earnings over the past year) than most other stocks in its industry. But due to other concerns, we feel the stock is still not a good buy right now.
- BREITBURN ENERGY PARTNERS LP has experienced a steep decline in earnings per share in the most recent quarter in comparison to its performance from the same quarter a year ago. This company has reported somewhat volatile earnings recently. We feel it is likely to report a decline in earnings in the coming year. During the past fiscal year, BREITBURN ENERGY PARTNERS LP turned its bottom line around by earning $2.33 versus -$0.40 in the prior year. For the next year, the market is expecting a contraction of 111.2% in earnings (-$0.26 versus $2.33).
- You can view the full BreitBurn Energy Partners Ratings Report.
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