Exterran Partners, L.P. (NASDAQ:EXLP)

ScalaAnalyst (25.47) Submitted: 5/2/2013 6:46:47 PM : Start Price: $28.98 EXLP Score: -3.23

Positive: 1) Insiders own 30%, so management is quite motivated to keep this company on a roll. 2) They have a dividend yield of 7.3%. Good luck trying to find a CD that pays half that much. 3) They have a sales growth rate of 25% and a income growth rate of 93%. That is quite stellar, but remember this stock will fluctuate with the price of oil and gas. 4) They have a debt/equity Ratio of 1.55 which seems kind of high, so, we will need to see if their debt is growing out of control or if they are trying to pay off their debt. 5) Compared to it competitors in their industry, EXLP has a gross margin 53% and operating margin of 0.17. 6) With a PEG of only 0.23 this company is priced quite low for the potential earnings growth. 7) On the income statement this company has show growth in total revenue and gross profit, they have managed to write off a large Depreciation/Amortization to keep the tax liability low. 8) On the balance sheet, they have managed to keep the growth of their total assets moving upward. This will increase the book value which in turn, hopefully will increase stock value. Their liabilities have been growing as well, but most of it is long term debt. But I am comfortable with the total Liability to Total Shareholders Equity. 9) Looking at their cash flow, it appears that they are operating close to a balance in their account that is very low. This might explain why they are constantly borrowing money, they need to to keep their business floating. I don't have a problem with that as long as they can pay it off eventually. The good news would that they may have to lower their dividend payment to keep the business going, but as long as I getting some of those dividends, then I could live with it. 10) Earnings have been moving upward quite nicely. Recently analysts have raised the earnings from 0.18/sh to 0.23/sh for the next quarter. So, I'm willing to bank on that.

With America addicted to Oil and Gas, and the problems with Iran and other oil producing foreign countries, then I believe this stock will outperform as our demand increases. As long as we will continue exploration, the services this company provides will be in demand for at least the next 3 to 4 years.

So, I would acquire this at anything below 30/sh and sell when the company quits making a profit. I suppose if I had a lower limit I would use the 52 week low of 18.30/sh.

thevineyards (< 20) Submitted: 1/6/2012 6:36:27 PM : Start Price: $19.23 EXLP Score: +20.10

Increased drilling activity in the gulf.

Hinderloppet (< 20) Submitted: 11/18/2011 5:10:33 PM : Start Price: $20.42 EXLP Score: +2.92

Great dividend

neskolf (30.56) Submitted: 12/20/2009 8:35:32 PM : Start Price: $15.74 EXLP Score: -33.71

Perhaps I'm missing something here. While this stock has a generous dividend, it's current payout ratio is nearly 200% and two of the last three reported insider transactions were open market sales at under $20/share (the third was a closed market acquisition).

Again, I may be missing something, but the dividend is one of the reasons that most investors are attracted to an issue like Exterran. The way things are going, I don't see the dividend being sustained at its current level for the long term.

lansingFools (79.67) Submitted: 12/18/2009 9:24:34 PM : Start Price: $15.66 EXLP Score: +34.03

nice play for a bump in Natural gas prices - which is inevitable.

michaeltbryant (< 20) Submitted: 8/14/2009 2:59:01 PM : Start Price: $13.13 EXLP Score: +52.90

Ultimately natural gas is going to go somewhere. The small float could help the stock jump with a small purchase.

wooderino (87.50) Submitted: 6/22/2009 12:50:55 PM : Start Price: $9.05 EXLP Score: +132.20

Energy is about to rebound and over the next 5 years I see natural gas gaining an ever larger share of our national energy consumption. Solid company with a strong growth record that will take advantage of that market situation.

Suiname (35.28) Submitted: 6/11/2009 12:23:03 PM : Start Price: $9.97 EXLP Score: +112.66

Shipping will recover when the world economy is repaired (2011 or 2012? I'm hoping but I'm no psychic). This stock has been extremely beaten down, but still paying a healthy dividend, very high yield. Getting in while it's still cheap.

HopiBuddha (60.86) Submitted: 10/9/2008 10:07:56 AM : Start Price: $6.95 EXLP Score: +242.00

This one could sink me, but I have a good feeling about this company. Check out the most recent history.

gmjktw (< 20) Submitted: 5/23/2008 7:59:15 PM : Start Price: $20.43 EXLP Score: +16.03

When winter hits it is a demand item

supply and demand

FreundInvesting (30.04) Submitted: 5/23/2008 1:19:06 PM : Start Price: $20.50 EXLP Score: +15.62

nat gas is gonna be huge once obama wins

Jacksoon (20.49) Submitted: 10/1/2007 1:10:02 PM : Start Price: $19.05 EXLP Score: -38.33

Large debt... Poor P/E.

Siding into the abyss.

FrankCorp (37.93) Submitted: 7/3/2007 1:27:08 PM : Start Price: $22.96 EXLP Score: +10.72

Great financials, administration, and players supporting it. Whats not to like?

sportscliche (99.61) Submitted: 5/30/2007 2:36:22 AM : Start Price: $20.83 EXLP Score: +23.19

What's not to like? A partnership formed by UCO to move its long-term contracts, so this is a drop-down story. Operates at the wellhead and gathering area, not on the pipelines. UCO's acquisition of their top competitor in Feb 07 essentially doubled the resources UCLP is going to get. Plus this is the first contract compression MLP. Increasing amounts of NG must be compressed to get it out...couple this with highly visible growth prospects from dropdowns and the IDR still at 2% adds up to an almost certain winner. The yield ain't great by MLP standards but the market is paying a premium for the locked-in long-term distribution growth.