Last $15.56 USD
Change Today +0.26 / 1.70%
Volume 265.4K
EVEP On Other Exchanges
Symbol
Exchange
NASDAQ GS
Berlin
As of 3:37 PM 03/4/15 All times are local (Market data is delayed by at least 15 minutes).

ev energy partners lp (EVEP) Snapshot

Open
$15.35
Previous Close
$15.30
Day High
$15.66
Day Low
$14.96
52 Week High
09/2/14 - $41.97
52 Week Low
01/22/15 - $11.95
Market Cap
760.5M
Average Volume 10 Days
431.4K
EPS TTM
$1.16
Shares Outstanding
48.8M
EX-Date
02/5/15
P/E TM
13.4x
Dividend
$2.00
Dividend Yield
18.09%
Current Stock Chart for EV ENERGY PARTNERS LP (EVEP)

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ev energy partners lp (EVEP) Details

EV Energy Partners, L.P. is engaged in the acquisition, development, and production of oil and natural gas properties in the United States. The company operates in two segments, Exploration and Production, and Midstream. Its properties are located in the Barnett Shale; the Appalachian Basin; the Mid–Continent areas in Oklahoma, Texas, Arkansas, Kansas, and Louisiana; the Monroe Field in Northern Louisiana; Central and East Texas; the San Juan Basin; Michigan; and the Permian Basin. As of December 31, 2013, the company had estimated net proved reserves of 13.1 million barrels of oil, 819.7 billion cubic feet of natural gas, and 48.9 million barrels of natural gas liquids. EV Energy GP, L.P. serves as the general partner of EV Energy Partners, L.P. The company was founded in 2006 and is based in Houston, Texas.

Founded in 2006

ev energy partners lp (EVEP) Top Compensated Officers

Chief Executive Officer of EV Management LLC,...
Total Annual Compensation: $410.7K
Executive Chairman of EV Management LLC
Total Annual Compensation: $150.0K
Compensation as of Fiscal Year 2014.

ev energy partners lp (EVEP) Key Developments

EV Energy Partners LP Reports Consolidated Earnings and Production Results for the Fourth Quarter and Year Ended December 31, 2014; Reports Impairment Charges for the Fourth Quarter Ended December 31, 2014

EV Energy Partners LP reported consolidated earnings and production results for the fourth quarter and year ended December 31, 2014. For the quarter, the company reported adjusted EBITDAX for the fourth quarter of 2014 was $55.4 million, a 3% increase over the fourth quarter of 2013 and a 10% decrease compared to the third quarter of 2014. Total revenues were $70,175,000 against $78,594,000 a year ago. Operating loss was $82,055,000 against $25,224,000 a year ago. Profit before income taxes and profit from unconsolidated affiliates was $98,819,000 against loss before income taxes and loss from unconsolidated affiliates of $49,798,000 a year ago. Net profit was $102,376,000 or $2.03 per basic and diluted share against net loss of $50,186,000 or $1.06 per basic and diluted share a year ago. For the year, the company reported adjusted EBITDAX and Distributable Cash Flow for 2014 of $227.8 million and $112.4 million, increased 9% and 12%, respectively, against 2013.  The increases in Adjusted EBITDAX and Distributable Cash Flow as compared to year-end 2013 are primarily attributable to an increase in production and in cash flows from EVEP's midstream ownership interests.  Total revenues were $339,405,000 against $315,312,000 a year ago. Operating loss was $25,123,000 against $9,703,000 a year ago. Profit before income taxes and profit from unconsolidated affiliates was $114,434,000 against loss before income taxes and loss from unconsolidated affiliates of $75,750,000 a year ago. Net profit was $129,720,000 or $2.58 per basic and diluted share against net loss of $76,227,000 or $1.76 per diluted share a year ago. Net cash flows provided by operating activities were $148,200,000 against $152,499,000 a year ago. Final settlement of purchase price of oil and natural gas properties were $0.00 against $57,976,000 a year ago. Additions to oil and natural gas properties were $102,761,000 against $97,946,000 a year ago. Production for the fourth quarter of 2014 was 10.6 Bcf of natural gas, 263 MBbls of oil and 597 MBbls of natural gas liquids, or 170.9 MMcfe/day. This is essentially flat from fourth quarter 2013 production of 170.5 MMcfe/d and a 3% decrease from third quarter 2014 production of 175.8 MMcfe/day.  The decrease was due to a compressor change out program by the operator of certain West Virginia oil and gas properties, which reduced production for the quarter by an average of 1.9 MMcfe/day, and the timing of well completions in the Barnett Shale. Net production was 15,722 MMcf against 15,690 MMcf for the same period a year ago. Production for 2014 was 43.4 Bcf of natural gas, 1,052 MBbls of oil and 2,311 MBbls of natural gas liquids, or 174.1 million cubic feet equivalent per day (MMcfe/day). This represents a 3% increase over year-end 2013 production of 169.0 MMcfe/day. Net production was 63,540 MMcf against 61,690 MMcf for the same period a year ago. For the fourth quarter, the company reported impairment of oil and natural gas properties of $111.701 million against $77.2 million a year ago.

EV Energy Partners LP Presents at Raymond James & Associates 36th Annual Institutional Investors Conference, Mar-03-2015 08:05 AM

EV Energy Partners LP Presents at Raymond James & Associates 36th Annual Institutional Investors Conference, Mar-03-2015 08:05 AM. Venue: JW Marriott Grande Lakes, 4040 Central Florida Parkway, Orlando, FL 32837, United States. Speakers: Michael E. Mercer, Chief Executive Officer of EV Management LLC, President of EV Management LLC and Director of EV Management LLC.

EV Energy Partners LP to Report Q4, 2014 Results on Mar 02, 2015

EV Energy Partners LP announced that they will report Q4, 2014 results at 9:00 AM, Eastern Standard Time on Mar 02, 2015

 

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EVEP

Industry Average

Valuation EVEP Industry Range
Price/Earnings 5.5x
Price/Sales 2.1x
Price/Book 0.7x
Price/Cash Flow 2.1x
TEV/Sales NM Not Meaningful
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