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Re: None

Saturday, 11/28/2015 11:03:52 AM

Saturday, November 28, 2015 11:03:52 AM

Post# of 131
"79.6% of its entire market cap in distributable cash flow annually"
Rare Earnings Power

http://seekingalpha.com/article/3689596-mid-con-energy-partners-annual-distributable-cash-flow-is-80-percent-of-market-cap

"DCF for the quarter came in at $12.43 million or $49.72 million annualized. At $2.10 per share and 29.73 million shares outstanding, MCEP has a market capitalization of $62.4 million. Extrapolating Q3's results, MCEP is generating 79.6% of its entire market cap in distributable cash flow annually. Whether the money goes into shareholders' pockets or MCEP's does not technically matter. This kind of earnings power relative to a firm's market value is exceedingly rare but becoming more common in the upstream MLP space as share prices continue their march deeper into the lower single digits."