On Tuesday, Enterprise Products Partners L.P. (NYSE:EPD)’s shares inclined 1.94% to $24.72. The market capitalization of Enterprise Products Partners L.P. (NYSE:EPD) is $48.58 billion with the total traded volume of the company is 10.02 million. Turning to market valuation, the Price-to-Earnings ratio is 19.62, the Price-to-Sales ratio is 1.60 and the Price-to-Book ratio is finally 2.41. The dividend yield amounts to 6.23 percent and the beta ratio has a value of 0.85.
Enterprise Products Partners L.P. provides midstream energy services to producers and consumers of natural gas, natural gas liquids (NGLs), crude oil, petrochemicals, and refined products in the United States and internationally. Its NGL Pipelines & Services segment provides natural gas processing and related NGL marketing services, in addition to import and export terminal services.
ONEOK, Inc. (NYSE:OKE)’s shares gained 5.81% to $23.12.
ONEOK, Inc. (OKE) and ONEOK Partners, L.P. (OKS) announced 2016 financial and volume guidance.
ONEOK Partners’ 2016 capital-growth expenditures are expected to be approximately $460 million, and maintenance capital expenditures are expected to be approximately $140 million.
“We expect 2016 earnings to be driven by continued natural gas and natural gas liquids volume growth across our integrated pipeline system, with strong year-end performance providing us momentum into 2016. Our substantial backlog of well connects, flared gas inventory in the Williston Basin and uncompleted wells provides considerable visibility into our 2016 volumes,” said Terry K. Spencer, president and chief executive officer of ONEOK and ONEOK Partners. “Our commodity price outlook remains cautious for 2016. However, we expect the partnership’s 2016 earnings to increase compared with 2015 guidance, primarily from volume and fee-based margin increases, resulting in increased distributable cash flow.
“The partnership has a solid balance sheet and ample liquidity, including access to our commercial paper program and $2.4 billion credit facility, to support our current capital-growth program and fund the 2016 long-term debt maturities,” Spencer said. “We continue to evaluate long-term debt financing alternatives for our 2016 debt maturities, but our strong liquidity position allows us to be opportunistic when refinancing. Additionally, ONEOK has no maturities until 2022 and an unutilized $300 million credit facility. The credit facility can be drawn to facilitate purchasing partnership equity, with the expectation to repay those borrowings with internally generated cash flow.
ONEOK, Inc., through its general partner interests in ONEOK Partners, L.P., engages in the gathering, processing, storage, and transportation of natural gas in the United States. The company gathers, treats, fractionates, stores, and transports natural gas liquids (NGL), in addition to owns natural gas liquids gathering and distribution pipelines, natural gas liquids distribution and refined petroleum products pipelines, and terminal and storage facilities; and owns and operates interstate and intrastate regulated natural gas transmission pipelines and natural gas storage facilities, in addition to stores and distributes NGL products to petrochemical manufacturers, heating fuel users, ethanol producers, refineries, and propane distributors.
Jumei International Holding Ltd (ADR) (NYSE:JMEI)‘s shares surged 2.10% to $9.72. Jumei International Holding Ltd (ADR) (NYSE:JMEI) is now worth about $1.38 billion. The share price has made a 8.36% gain in the past 5 days and has lost -28.63% since 2015 kicked off. Analysts are forecasting EPS growth of 0.48% for next fiscal year and 18.10% growth in the next 5 years. The stock price is below by -37.87% as contrast to the average price over the last 200 days. The company has 31.90% gross margins.
Jumei International Holding Limited operates as an online retailer of beauty products in the People’s Republic of China. The company offers beauty products, such as cosmetics, skin care, cosmetic applicators, fragrance, and body care products; and beauty products for men, and baby and children.
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