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Enter Symbol:
 
Oiltanking Partners LP (OILT) [hlAlert]

Rating:
Underperform
OILT
down 44.62 %

Oiltanking Partners LP (OILT) downgraded to Underperform by BofA/Merrill

Posted on: Wednesday,  Jul 3, 2013  8:25 AM ET by BofA/Merrill

BofA/Merrill rated Underperform Oiltanking Partners LP (NYSE: OILT) on 07/03/2013, when the stock price was $24.75. Since
then, Oiltanking Partners LP has gained 80.60% as of 02/13/2015's recent price of $44.69.
If you would have followed this BofA/Merrill's recommendation on OILT, you would have lost 44.62% of your investment in 590 days.

Oiltanking Partners, L.P. ( Oiltanking Partner) is engaged in the terminaling, storage and transportation of crude oil, refined petroleum products and liquefied petroleum gas. Within the energy industry, storage and terminaling services are the critical logistical midstream link between the exploration and production sector and the refining sector. Its terminal assets are located along the upper Gulf Coast of the United States. Its Houston and Beaumont terminals provides deep-water access and interconnectivity to refineries, chemical and petrochemical companies, carrier and pipelines and production facilities and have international marketing and distribution capabilities. Its facilities are directly connected to 18 refineries, storage and production facilities along the upper Gulf Coast area through pipelines, and through carrier pipelines, to end markets along the Gulf Coast and to the cushing storage interchange in Oklahoma. Refiners and chemical companiesuse its terminals.

BofA/Merrill
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/3/2013 8:25 AM Sell
None
24.75
as of 12/13/2013
1 Week up  0.94 %
1 Month up  7.88 %
3 Months down  -19.24 %
1 YTD down  -18.06 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/30/2012 8:25 AM Hold
None
18.50

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