Last $9.99 USD
Change Today +0.17 / 1.73%
Volume 556.6K
As of 8:04 PM 03/3/15 All times are local (Market data is delayed by at least 15 minutes).

atlas resource partners lp (ARP) Snapshot

Open
$9.99
Previous Close
$9.82
Day High
$10.15
Day Low
$9.90
52 Week High
03/14/14 - $23.18
52 Week Low
01/20/15 - $7.66
Market Cap
853.0M
Average Volume 10 Days
744.5K
EPS TTM
$-0.64
Shares Outstanding
85.4M
EX-Date
03/6/15
P/E TM
--
Dividend
$1.30
Dividend Yield
23.43%
Current Stock Chart for ATLAS RESOURCE PARTNERS LP (ARP)

atlas resource partners lp (ARP) Related Businessweek News

No Related Businessweek News Found

atlas resource partners lp (ARP) Details

Atlas Resource Partners, L.P. operates as an independent developer and producer of natural gas, crude oil, and natural gas liquids in the United States. The company operates in three segments: Gas and Oil Production, Well Construction and Completion, and Other Partnership Management. As of December 31, 2013, it had ownership interests in approximately 620 wells in the Barnett Shale and Marble Falls play that are located in the Fort Worth Basin in Northern Texas; approximately 2,950 coal-bed methane producing natural gas wells, which are located in the Raton, Black Warrior, and County Line areas; and approximately 8,170 wells in the Marcellus Shale and the Utica Shale in the Appalachian basin. It also owned interests in the Mississippi Lime and Hunton plays, which are located in Northwestern Oklahoma; and the Chattanooga Shale in Northeastern Tennessee, the New Albany Shale in Southwestern Indiana, and the Niobrara Shale in Northeastern Colorado. The company had estimated proved reserves of 1,169 billion cubic feet equivalent. In addition, it sponsors and manages tax-advantaged investment natural gas and oil partnerships. The company was founded in 2011 and is headquartered in Pittsburgh, Pennsylvania. Atlas Resource Partners, L.P. is a subsidiary of Atlas Energy, L.P.

atlas resource partners lp (ARP) Top Compensated Officers

Chairman of Atlas Resource Partners GP LLC an...
Total Annual Compensation: $380.0K
President of Atlas Resource Partners GP LLC a...
Total Annual Compensation: $320.0K
Chief Financial Officer of Atlas Resource Par...
Total Annual Compensation: $157.5K
Senior Vice President of Corporate Developmen...
Total Annual Compensation: $330.0K
Compensation as of Fiscal Year 2013.

atlas resource partners lp (ARP) Key Developments

Atlas Resource Partners, L.P. Reports Unaudited Consolidated Earnings and Operating Results for the Fourth Quarter and Year Ended December 31, 2014; Reports Impairment Charges for the Fourth Quarter Ended December 31, 2014; Provides Production and Capital Expenditure Guidance for the Year 2015

Atlas Resource Partners, L.P. reported unaudited consolidated earnings and Operating results for the fourth quarter and year ended December 31, 2014. For the quarter, the company reported total revenues of $190,804,000, operating loss of $561,452,000 and net loss attributable to owner's interest, common limited partners and the general partner of $586,720,000 or $7.06 per basic and diluted share compared to total revenues of $181,196,000, operating loss of $28,864,000 and net loss attributable to owner's interest, common limited partners and the general partner of $44,395,000 or $0.77 per basic and diluted share reported in the same period last year. Adjusted EBITDA, a non-GAAP measure, including discretionary adjustments by the Board of Directors of the General Partner, was $87.1 million, compared to $107.4 million for the third quarter 2014, and $62.6 million for the prior year comparable quarter. The net loss for the fourth quarter 2014 was principally generated by non-cash expenses, specifically depreciation and amortization and an asset impairment charge on certain oil and gas properties due recent declines in forward commodity prices. Total capital expenditures were approximately $62 million, including approximately $19 million associated with maintenance capital, compared with $56 million of total CapEx, including approximately $22.5 million of maintenance CapEx for the sequential quarter. Distributable cash flow was almost $47 million or $0.51 per unit. For the year, the company reported total revenues of $685,560,000, operating loss of $546,945,000 and net loss attributable to owner's interest, common limited partners and the general partner of $630,225,000 or $8.42 per basic and diluted share compared to total revenues of $267.629 million, operating loss of $55,934,000 and net loss attributable to owner's interest, common limited partners and the general partner of $103,237,000 or $1.59 per basic and diluted share reported in the same period last year. Full year 2014 Adjusted EBITDA, including discretionary adjustments by the Board of Directors of the General Partner, was $338.2 million, which was 62% higher than full year 2013 Adjusted EBITDA of $208.6 million. The decrease from the sequential quarter was primarily due to lower realized production margin from the Company's Eagle Ford and Rangely production, which experienced lower volumes during the period. The variance in production volumes in these areas was attributable to scheduled maintenance activity in the Rangeley Field, and temporary well shut-ins from offset well completions in the Eagle Ford, as well as expected decline from flush Eagle Ford production in prior periods. Total capital expenditures were $212,634,000 against $263,537,000 a year ago. For the quarter, the company announced total production of 285,139 Mcfed compared to 259,821 Mcfed for the same period a year ago. Average net daily production for the fourth quarter 2014 was 285.1 Mmcfed, approximately 10% higher than the prior year comparable quarter. The increase in net production from the prior year quarter was due primarily to the acquisition of the Eagle Ford assets in November 2014, as well as the Rangely Field assets in June 2014 and the GeoMet natural gas production assets in May 2014. For the year, the company announced total production of 269,958 Mcfed compared to 187,701 Mcfed for the same period a year ago. For the full year 2015, the company expects net production volume per day of approximately 289.5 million cubic feet equivalents per day (Mmcfed), net realized natural gas price after hedges of $3.58/mcf (72% hedged), net realized crude oil price after hedges of $73.76/bbl (68% hedged). For the full year 2015, the company expects total capital expenditures to be between $180 million and $195 million, including $60 million to $65 million of maintenance capital expenditures. For the fourth quarter ended December 31, 2014, the company reported asset impairment charges of $573,774,000 against $38,014,000 a year ago.

Atlas Resource Partners, L.P. to Report Q4, 2014 Results on Mar 02, 2015

Atlas Resource Partners, L.P. announced that they will report Q4, 2014 results at 5:00 PM, Eastern Standard Time on Mar 02, 2015

Atlas Resource Partners, L.P., Q4 2014 Earnings Call, Mar 02, 2015

Atlas Resource Partners, L.P., Q4 2014 Earnings Call, Mar 02, 2015

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
ARP:US $9.99 USD +0.17

ARP Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Carrizo Oil & Gas Inc $47.75 USD -0.50
EV Energy Partners LP $15.30 USD +0.49
Legacy Reserves LP $11.92 USD +0.92
LRR Energy LP $8.16 USD +0.17
SandRidge Energy Inc $1.74 USD -0.08
View Industry Companies
 

Industry Analysis

ARP

Industry Average

Valuation ARP Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 1.2x
Price/Book 0.9x
Price/Cash Flow NM Not Meaningful
TEV/Sales NM Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact ATLAS RESOURCE PARTNERS LP, please visit www.atlasresourcepartners.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.