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Enter Symbol:
 
Access Midstream Partners L.P. (ACMP) [hlAlert]

Rating:
Outperform
ACMP
up 47.79 %

Access Midstream Partners L.P. (ACMP) rated Outperform by Wells Fargo

Posted on: Friday,  Dec 21, 2012  8:25 AM ET by Wells Fargo

Wells Fargo rated Outperform Access Midstream Partners L.P. (NYSE: ACMP) on 12/21/2012, when the stock price was $32.58.
Since then, Access Midstream Partners L.P. has gained 47.79% as of 02/02/2015's recent price of $48.15.
If you would have followed this Wells Fargo's recommendation on ACMP, you would have gained 47.79% of your investment in 773 days.

Chesapeake Midstream Partners, L.P. is focused on natural gas gathering, the first segment of midstream energy infrastructure that connects natural gas produced at the wellhead to third-party takeaway pipelines. The Company provides gathering, treating and compression services to Chesapeake and Total, its primary customers, and other third-party producers under long-term, fixed-fee contracts. Its gathering systems operate in its Barnett Shale region in north-central Texas, its Haynesville Shale region in northwest Louisiana and its Mid-Continent region, which includes the Anadarko, Arkoma, Delaware and Permian Basins. It generates the majority of its operating income in its Barnett Shale region, where it services approximately 1,840 wells in the core of the prolific Barnett Shale. On December 21, 2010, the Company acquired the Springridge gathering system and its assets gathered approximately 2.0 billion cubic feet per day.

The investment research content is provided by Wells Capital Management, a registered investment adviser and wholly owned subsidiary of Wells Fargo Bank, N.A. Our economists’ expertise on domestic markets, and national and global trends, is an important resource to the firm. Wells Capital Management economists are known for their thoughts on investment strategy, macro-economic forecasts and other top-down analysis, and share their views on bonds, midcaps and liquidity management in their publications.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/21/2012 8:25 AM Buy
None
32.58
as of 12/31/2012
1 Week up  0.59 %
1 Month up  2.94 %
3 Months   
1 YTD up  2.94 %

(*) Stock Price at the time of the recommendation.
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