QR Energy, LP
 (QRE)

- NYSE
QRE is defunct.
What's your position on ?
Bullish
Bearish
Why are you ish?
Skip
Post
You voted ish on Vote again
Posts appear on the My Feed page of subscribers to this ticker
Last vote:
  • Nov. 5, 2014, 9:04 AM
    • QR Energy (NYSE:QRE): Q3 EPS of $1.52 may not be comparable to consensus of $0.30.
    • Revenue of $130.2M (+3.3% Y/Y) misses by $4.63M.
    | Nov. 5, 2014, 9:04 AM | 1 Comment
  • Oct. 10, 2014, 10:55 AM
    | Oct. 10, 2014, 10:55 AM | 36 Comments
  • Aug. 25, 2014, 5:35 PM
    | Aug. 25, 2014, 5:35 PM | 4 Comments
  • Jul. 28, 2014, 3:59 PM
    • QRE Energy (QRE +2.8%) is upgraded to Buy from Hold with a $24.50 price target, up from $18, at Wunderlich, which believes shares are trading at a significant discount to arbitrage parity and offers a 32% total return.
    • QRE and BreitBurn Energy Partners (NASDAQ:BBEP) recently announced the signing of a merger deal in which BBEP would acquire QRE in a unit-for-unit exchange; the firm notes its Buy rating is anchored on its investment thesis for BBEP, assuming that the merger would go through.
    | Jul. 28, 2014, 3:59 PM | 4 Comments
  • Jul. 24, 2014, 9:18 AM
    | Jul. 24, 2014, 9:18 AM | 2 Comments
  • Jul. 24, 2014, 7:27 AM
    • Breitburn Energy Partners (NASDAQ:BBEP) agrees to acquire QR Energy (NYSE:QRE) in a unit-for-unit exchange implying a transaction value of ~$3B.
    • QR unitholders will receive ~72M common units of BBEP, or 0.9856 of a unit, for each unit of QR Energy they own; the consideration to be received by QR unitholders is valued at $22.48/unit, a 19% premium to yesterday's closing price.
    • BBEP's senior management team will lead the combined company; once the deal closes, BBEP will add a new director to its board that is mutually agreed upon by both companies.
    • QRE +8.8%, BBEP -3.1% premarket.
    | Jul. 24, 2014, 7:27 AM | 30 Comments
  • Jul. 15, 2014, 10:31 AM
    | Jul. 15, 2014, 10:31 AM | 19 Comments
  • May 7, 2014, 7:17 AM
    • QR Energy (QRE): Q1 EPS of -$2.86 may not be comparable to consensus of $0.32.
    • Revenue of $122.6M (+2.8% Y/Y) misses by $3.49M.
    | May 7, 2014, 7:17 AM | 2 Comments
  • May 6, 2014, 5:30 PM
  • Mar. 3, 2014, 12:39 PM
    • QR Energy (QRE +3.2%) says it is simplifying its capital structure by purchasing its general partner, QRE GP.
    • The owners of the GP agree to forgo future management incentive fees and their current ~0.1% general partner interest in exchange for the right to earn up to 11.6M Class B units, in four equal annual installments, provided certain QRE performance thresholds are met.
    • QRE says the deal is 7% accretive to distributable cash flow per unit in 2014 and lowers its cost of capital, which should enhance competiveness in the acquisition market.
    • Also: Q4 earnings.
    | Mar. 3, 2014, 12:39 PM | 2 Comments
  • Mar. 3, 2014, 7:07 AM
    • QR Energy (QRE): Q4 EPS of $0.25 misses by $0.10.
    • Revenue of $119.3M (+97.41M% Y/Y) misses by $9.55M.
    | Mar. 3, 2014, 7:07 AM
  • Oct. 25, 2013, 9:50 AM
    • QR Energy, LP (QRE) declares quarterly distribution of $0.4875/share, in line with previous.
    • Forward yield 10.80%.
    • For shareholders of record Nov. 7 ; Payable Nov. 14; Ex-div date Nov . 5.
    | Oct. 25, 2013, 9:50 AM
  • Oct. 24, 2013, 11:06 AM
    • Energy analysts at Wunderlich feel more confident about upstream MLPs as 2013 rolls over, and the firm initiates coverage on some of the more conservative high-yielding names.
    • Breitburn Energy (BBEP), Legacy Reserves (LGCY) and QR Energy (QRE) are initiated at Buy, believing they are trading at a discount to peers despite increasingly liquids-rich portfolios and a long and successful acquisition track records.
    • Memorial Production Partners (MEMP) and Vanguard Natural Resources (VNR) also are started at Buy despite more gas-oriented portfolios.
    • EV Energy (EVEP) is initiated with a Hold rating, citing limited upside until it divests its planned Utica acreage; Atlas Resources Partners (ARP) also starts at Hold pending clearer visibility toward its debt metrics and coverage ratio improvement.
    | Oct. 24, 2013, 11:06 AM | 3 Comments
  • Oct. 15, 2013, 5:48 PM
    • UBS sees opportunity ahead for energy MLPs, believing some of the "issues" that have clouded prospects - including negative scrutiny about practices at Linn Energy (LINE) and LinnCo (LNCO) which cast a cloud over the upstream MLP group - will fade.
    • Many risk factors are priced in at current levels, and there are some valuation opportunities, the firm says.
    • Mid-Con Energy Partners (MCEP) wins UBS accolades on its higher distribution potential and limited exposure to downside scenarios; other top picks are BreitBurn Energy Partners (BBEP) and LRR Energy (LRE).
    • UBS actually awards LINE a Buy rating, along with QR Energy (QRE); it's neutral on Legacy Reserves (LGCY), LNCO and Vanguard Natural Resources (VNR).
    | Oct. 15, 2013, 5:48 PM | 1 Comment
  • Aug. 20, 2013, 10:46 AM
    | Aug. 20, 2013, 10:46 AM | 1 Comment
  • Aug. 7, 2013, 8:20 AM
    • QR Energy (QRE): Q2 EPS of $0.91 may not be comparable to consensus of $0.27.
    • Revenue of $105.4M misses by $3.95M. (PR)
    | Aug. 7, 2013, 8:20 AM | 6 Comments
Company Description
QR Energy LP, through its wholly owned subsidiary, owns & acquires producing oil & natural gas properties in North America. Its properties consist of mature, legacy onshore oil & natural gas reservoirs with long-lived, predictable production profiles.