Dividend Flows Coverage: Nov 11, 2016 will be the day that JP Energy Partners LP (NYSE:JPEP) dividends reach $0.33.

Dividend Flows Coverage: Nov 11, 2016 will be the day that JP Energy Partners LP (NYSE:JPEP) dividends reach $0.33.

JP Energy Partners LP (NYSE:JPEP) is expected to pay $0.33 on Nov 11, 2016. The indicated annual dividend is $1.30. Shareholders owning the stock before Nov 2, 2016 will be eligible to receive the payout. Based on JP Energy Partners LP’s current price of $7.94, the dividend is 4.09%. This dividend’s record date is Nov 4, 2016 and the announcement date is Oct 24, 2016. The stock decreased 3.17% or $0.26 on October 31, hitting $7.94. JP Energy Partners LP (NYSE:JPEP) has risen 52.11% since March 30, 2016 and is uptrending. It has outperformed by 49.09% the S&P500.

JP Energy Partners LP owns, operates, develops and acquires a portfolio of midstream energy assets. The company has a market cap of $281.81 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.

Insitutional Activity: The institutional sentiment decreased to 0.62 in Q2 2016. Its down 0.19, from 0.81 in 2016Q1. The ratio is negative, as 3 funds sold all JP Energy Partners LP shares owned while 10 reduced positions. 3 funds bought stakes while 5 increased positions. They now own 10.31 million shares or 5.91% less from 10.96 million shares in 2016Q1.
Atlantic Trust Grp Ltd Limited Liability Company reported 1.50M shares or 0.09% of all its holdings. Com Fincl Bank holds 0% or 10,000 shares in its portfolio. Morgan Stanley last reported 399,360 shares in the company. The New York-based Price Michael F has invested 0.27% in JP Energy Partners LP (NYSE:JPEP). The Illinois-based Advisory Inc has invested 0.16% in JP Energy Partners LP (NYSE:JPEP). Bank & Trust Of America De holds 0% of its portfolio in JP Energy Partners LP (NYSE:JPEP) for 457 shares. Jpmorgan Chase holds 7,580 shares or 0% of its portfolio. The Switzerland-based Credit Suisse Ag has invested 0% in JP Energy Partners LP (NYSE:JPEP). Arclight Cap Partners Limited Co last reported 3.69% of its portfolio in the stock. Creative Planning has invested 0% of its portfolio in JP Energy Partners LP (NYSE:JPEP). Gsa Capital Partners Llp has 24,648 shares for 0.01% of their US portfolio. Hite Hedge Asset Ltd Liability Company holds 1.81% of its portfolio in JP Energy Partners LP (NYSE:JPEP) for 526,946 shares. Renaissance Techs Limited Liability Corp, a New York-based fund reported 28,800 shares. Clearbridge has 0.01% invested in the company for 759,980 shares. Springbok Capital Lc has 71,094 shares for 0.08% of their US portfolio.

Insider Transactions: Since May 25, 2016, the stock had 1 insider purchase, and 0 selling transactions for $37,300 net activity. 5,000 shares were bought by Welch Patrick Joseph, worth $37,300.

JP Energy Partners LP (NYSE:JPEP) Ratings Coverage

Out of 7 analysts covering JP Energy Partners LP (NYSE:JPEP), 2 rate it a “Buy”, 0 “Sell”, while 5 “Hold”. This means 29% are positive. JP Energy Partners LP has been the topic of 12 analyst reports since August 11, 2015 according to StockzIntelligence Inc. Barclays Capital maintained it with “Overweight” rating and $9 target price in Wednesday, November 11 report. Barclays Capital downgraded JP Energy Partners LP (NYSE:JPEP) rating on Monday, January 11. Barclays Capital has “Equal Weight” rating and $6 price target. RBC Capital Markets maintained JP Energy Partners LP (NYSE:JPEP) rating on Wednesday, November 11. RBC Capital Markets has “Sector Perform” rating and $8 price target. The company was downgraded on Monday, May 16 by Stephens. The firm has “Outperform” rating by Robert W. Baird given on Tuesday, August 11. The rating was downgraded by RBC Capital Markets on Tuesday, August 11 to “Outperform”. The stock of JP Energy Partners LP (NYSE:JPEP) earned “Neutral” rating by Bank of America on Friday, September 9. The stock of JP Energy Partners LP (NYSE:JPEP) earned “Neutral” rating by Piper Jaffray on Friday, April 1. On Friday, August 14 the stock rating was downgraded by Bank of America to “Underperform”. The firm has “Buy” rating given on Friday, October 7 by DA Davidson.

More notable recent JP Energy Partners LP (NYSE:JPEP) news were published by: Streetinsider.com which released: “American Midstream Partners (AMID), JP Energy Partners (JPEP) Enter ~$2B …” on October 24, 2016, also Seekingalpha.com with their article: “JP Energy Partners: A Mixed Message Merger” published on October 28, 2016, Businesswire.com published: “JP Energy Partners Announces Timing of Third Quarter 2016 Financial Results …” on October 31, 2016. More interesting news about JP Energy Partners LP (NYSE:JPEP) were released by: Finance.Yahoo.com and their article: “Robbins Arroyo LLP: Acquisition of JP Energy Partners LP (JPEP) by American …” published on October 25, 2016 as well as Seekingalpha.com‘s news article titled: “JP Energy Partners LP: This Is Not Your Mother’s Pipeline Investment” with publication date: August 14, 2016.

JPEP Company Profile

JP Energy Partners LP, incorporated on May 5, 2010, owns, operates, develops and acquires a portfolio of midstream energy assets. The Firm provides midstream infrastructure solutions for the supply of crude oil, refined products and natural gas liquids (NGLs) in the United States. The Company’s divisions include crude oil pipelines and storage, refined products terminals and storage, and NGL distribution and sales. The Company’s crude oil businesses are situated in areas, including the Permian Basin and Eagle Ford shale. The Company’s crude oil pipelines and storage segment manages the physical movement of crude oil from origination to final destination through its network of owned and leased assets. The Company’s refined product terminals and storage segment consists of approximately two refined products terminals located in North Little Rock, Arkansas and Caddo Mills, Texas. The Company’s NGL distribution and sales segment involves the retail, commercial and wholesale sale of NGLs and other refined products.

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