Basic Material Top Losers: MPLX LP (NYSE:MPLX), Linn Energy, LLC (NASDAQ:LINE), Breitburn Energy Partners LP (NASDAQ:BBEP), Linn Co, LLC (NASDAQ:LNCO), Eco-Stim Energy Solutions (NASDAQ:ESES)

MPLX LP (NYSE:MPLX) belongs to Basic Materials sector. Its net profit margin is 22.60% and weekly performance is -12.31%. On last trading day company shares ended up $59.03. MPLX LP (NYSE:MPLX) distance from 50-day simple moving average (SMA50) is -18.93%. Zacks lowered shares of Mplx Lp (NYSE:MPLX) from a hold rating to a sell rating in a report released on Wednesday, Analyst Ratings.Net reports.

Linn Energy, LLC (NASDAQ:LINE) shares fell -6.98% in last trading session and ended the day at $7.73. LINE Gross Margin is 84.80% and its return on assets is -4.70%. Linn Energy, LLC (NASDAQ:LINE) quarterly performance is -31.75%. On 6 July, LINN Energy, LLC (NASDAQ:LINE) and LinnCo, LLC announced that LINN has signed a formal agreement with private capital investor GSO Capital Partners L.P. (“GSO”), the credit platform of The Blackstone Group L.P. (BX) (“Blackstone”), to fund oil and natural gas development.

On 13 July, Breitburn Energy Partners LP (NASDAQ:BBEP) shares fell -8.13% and was closed at $3.84. BBEP EPS growth in last 5 year was 24.10%. Breitburn Energy Partners LP (NASDAQ:BBEP) year to date (YTD) performance is -41.47%. Breitburn Energy Partners LP (NASDAQ:BBEP) announced a cash distribution of $0.04166 per common unit for the first month attributable to the second quarter of 2015, payable on July 17, 2015, to record holders of its common units at the close of business on July 14, 2015. This monthly distribution is equal to a distribution of $0.50 per common unit on an annualized basis.

Linn Co, LLC (NASDAQ:LNCO) ended the last trading day at $8.21. Company weekly volatility is calculated as 5.59% and price to cash ratio as 191.88. Linn Co, LLC (NASDAQ:LNCO) showed a weekly performance of -12.86%. LINN Energy, LLC and LinnCo, LLC (NASDAQ:LNCO) announced that management will host a conference call on Thursday, July 30, 2015, at 10 a.m. Central (11 a.m. Eastern) to discuss the Company’s second quarter 2015 results.

Eco-Stim Energy Solutions, Inc. (NASDAQ:ESES) shares fell -6.90% in last trading session and ended the day at $4.45. ESES return on assets is -32.60%. Eco-Stim Energy Solutions, Inc. (NASDAQ:ESES) quarterly performance is -27.64%.On 9 July, Eco-Stim Energy Solutions, Inc. (NASDAQ:ESES) announced that it has priced 5,500,000 shares of its common stock, par value $0.001 per share, at a price to the public of $4.75 per share. EcoStim has granted the underwriters a 30-day option to purchase up to an additional 815,789 shares of common stock.

Leave a Reply

Your email address will not be published. Required fields are marked *