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Last $11.80 USD
Change Today -0.22 / -1.83%
Volume 38.4K
OCIP On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 8:04 PM 09/3/15 All times are local (Market data is delayed by at least 15 minutes).

oci partners lp (OCIP) Snapshot

Open
$12.05
Previous Close
$12.02
Day High
$12.07
Day Low
$11.66
52 Week High
09/17/14 - $21.49
52 Week Low
08/26/15 - $11.05
Market Cap
1.0B
Average Volume 10 Days
79.7K
EPS TTM
$0.79
Shares Outstanding
87.0M
EX-Date
03/24/15
P/E TM
14.9x
Dividend
$1.32
Dividend Yield
9.12%
Current Stock Chart for OCI PARTNERS LP (OCIP)

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oci partners lp (OCIP) Details

OCI Partners LP produces and sells methanol and ammonia in the United States. The company sells its products to industrial users and commercial traders for further processing or distribution. OCI GP LLC operates as the general partner of the company. The company was founded in 2013 and is based in Nederland, Texas.

oci partners lp (OCIP) Top Compensated Officers

Chief Executive Officer of OCI GP LLC, Presid...
Total Annual Compensation: $279.1K
Chief Financial Officer of OCI GP LLC and Vic...
Total Annual Compensation: $282.9K
Compensation as of Fiscal Year 2014.

oci partners lp (OCIP) Key Developments

OCI Partners LP Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2015; Provides Production Results for the Second Quarter and Six Months Ended June 30, 2015; Provides Sales Volume Guidance for the Third Quarter of 2015; Omits Dividend Payment for the Second Quarter of 2015; Provides Dividend Guidance for the Third Quarter of 2015

OCI Partners LP reported earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported that revenues decreased 29% to $80 million compared to $113 million for the same period in 2014. EBITDA decreased 46% to $28 million compared to $52 million for the same period in 2014. Net income decreased 68% to $13 million compared to $41 million for the same period in 2014. EBITDA and net income margins were 35% and 16%, respectively, compared to 46% and 36%, respectively, during the same period in 2014. For the Six Months Ended June 30, 2015, the company reported that Revenues decreased 45% to $117 million compared to $213 million for the same period in 2014. EBITDA decreased 59% to $38 million compared to $93 million for the same period in 2014. Net income decreased 80% to $14 million compared to $70 million for the same period in 2014. EBITDA and net income margins were 32% and 12%, respectively, compared to 44% and 33%, respectively, during the same period in 2014. For the quarter, the company reported that it had produced 62,630 tons of Ammonia and 157,662 tonns of Methanol against 73,643 tons of Ammonia and 178,048 tonns of Methanol last year. For Six-Months Ended June 30, 2015, the company reported that it had produced 83,824 tons of Ammonia and 214,627 tonns of Methanol against 128,839 tons of Ammonia and 325,133 tonns of Methanol last year. The company announced that there was no cash distribution with respect to the second quarter earnings. The company expects to resume its quarterly cash distributions with respect to the third quarter earnings. The company provided guidance for cash distributions on a run-rate basis per quarter of $0.62 per Common Unit for the third quarter of 2015. The company sales volumes of 223,000 metric tons and 78,000 metric tons of methanol and ammonia, respectively in the third quarter of 2015.

OCI Partners LP, Q2 2015 Earnings Call, Aug 10, 2015

OCI Partners LP, Q2 2015 Earnings Call, Aug 10, 2015

OCI Partners LP Announces Closing of New Incremental Term Loan

OCI Partners LP announced that it has closed an incremental term loan of $50 million as an additional tranche under its existing senior secured term loan B credit facility. The incremental term loan will be fungible with the company's existing term loans under its senior secured term loan facility and will have the same security, maturity, pricing amortization, prepayment and covenant terms as the existing term loans under the Term Loan B Credit Facility. The company will use the net proceeds from the incremental term loan to pay for outstanding capital expenditures related to the recently completed debottlenecking project.

 

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OCIP Competitors

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Industry Analysis

OCIP

Industry Average

Valuation OCIP Industry Range
Price/Earnings 15.6x
Price/Sales 3.4x
Price/Book 4.5x
Price/Cash Flow 11.1x
TEV/Sales 2.0x
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