All I know is we are likely not there yet. The industry is continuing to get hammered and absent a price recovery will go through a very rough patch next few quarters.
Rose Rock Midstream (NYSE:RRMS) is downgraded to Hold from Buy with a $35 price target, cut from $57, by the MLP analyst team at U.S. Capital Advisors, which also reduces its price target for Semgroup (NYSE:SEMG) to $60 from $84.