Out of 3 analysts covering JP Energy Partners LP (NYSE:JPEP), 2 rate it “Buy”, 0 “Sell”, while 1 “Hold”. This means 67% are positive. JP Energy Partners LP was the topic in 5 analyst reports since November 8, 2015 according to StockzIntelligence Inc.
The institutional sentiment decreased to 0.67 in Q2 2015. Its down 0.16, from 0.83 in 2015Q1. The ratio worsened, as 3 funds sold all JP Energy Partners LP shares owned while 9 reduced positions. 4 funds bought stakes while 4 increased positions. They now own 12.92 million shares or 8.02% less from 14.04 million shares in 2015Q1.
Arclight Capital Partners Llc holds 5.89% of its portfolio in JP Energy Partners LP for 3.67 million shares. Hite Hedge Asset Management Llc owns 523,044 shares or 1.86% of their US portfolio. Moreover, Whetstone Capital Advisors Llc has 1.09% invested in the company for 288,667 shares. The Illinois-based Advisory Research Inc has invested 0.39% in the stock. Truenorth Inc., a Kansas-based fund reported 26,120 shares.
JP Energy Partners LP owns, operates, develops and acquires a portfolio of midstream energy assets. The company has a market cap of $290.24 million. The Firm provides midstream infrastructure solutions for the supply of crude oil, refined products and natural gas liquids in the United States. It currently has negative earnings. The Company’s divisions include crude oil pipelines and storage, refined products terminals and storage, and NGL distribution and sales.
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