Emerge Energy Services LP (EMES) shares are down $0.10 to $53.90 in pre-market trading Monday after the company reported its fourth quarter earnings results.
The energy services firm reported earnings of $1.01 per share on revenues of $242.6 million, down 1.4% from a year ago. Analysts were expecting EPS of $1.13 on revenues of $301.08 million. For that same period, EMES reported adjusted EBITDA of $36.3 million.
For the quarter ended December 31, 2014, the company said it sold 58 million gallons of refined fuel, compared to 63 million gallons for the same period last year. For the full-year 2014, Emerge Energy reported net income of $89.1 million, net income of $3.70 per diluted unit and adjusted ebitda of $131.9 million.
On valuation measures, Emerge Energy Services LP shares, which currently have an average 3-month trading volume of 604,392 shares, trade at a trailing-12 P/E of 16.51, a forward P/E of 12.13 and a P/E to growth ratio of 0.34. The median Wall Street price target on the name is $66.00 with a high target of $78.00. Currently ticker boasts 7 ‘Buy’ endorsements, compared to 2 ’Holds’ and no ‘Sell’.
Profitability-wise, EMES has a t-12 profit and operating margin of 7.39% and 8.09%, respectively. The $1.28 billion market cap company reported $6.87 million in cash vs. $221.864 million in debt in its most recent quarter.
EMES currently prints a one year return of about 27.50% and a year-to-date return of around 3%.
The chart below shows where the equity has traded over the last 52 weeks.
Emerge Energy Services LP acquires, owns, operates, and develops a portfolio of energy service assets in the United States. The company was founded in 2012 and is headquartered in Southlake, Texas.