Can BREITBURN ENERGY PARTNERS LP 8.2 (OTCMKTS:BBPPQ)’s Tomorrow be Different? The Stock Had Increase in Shorts

December 8, 2017 - By Marie Mckinney

The stock of BREITBURN ENERGY PARTNERS LP 8.2 (OTCMKTS:BBPPQ) registered an increase of 40.67% in short interest. BBPPQ’s total short interest was 259,400 shares in December as published by FINRA. Its up 40.67% from 184,400 shares, reported previously. With 63,900 shares average volume, it will take short sellers 4 days to cover their BBPPQ’s short positions.

The stock increased 17.61% or $0.02995 during the last trading session, reaching $0.20005. About shares traded. Breitburn Energy Partners LP (OTCMKTS:BBPPQ) has 0.00% since December 8, 2016 and is . It has underperformed by 16.70% the S&P500.

Breitburn Energy Partners LP, an independent gas and oil partnership, acquires, exploits, and develops oil, natural gas liquids , and natural gas properties in the United States. The company has market cap of $3.67 million. The companyÂ’s oil, NGL, and natural gas reserves are primarily located in seven producing areas comprising the Permian Basin in Texas and New Mexico; Midwest (Michigan, Indiana, and Kentucky); Arkansas, Louisiana, and East Texas; Mid-Continent (Oklahoma); Rockies in Wyoming and Colorado; California; and Florida and Alabama. It currently has negative earnings. As of December 31, 2016, it had estimated proved reserves of 205.3 million barrels of oil equivalent.

More notable recent Breitburn Energy Partners LP (OTCMKTS:BBPPQ) news were published by: Seekingalpha.com which released: “Breitburn Energy: A Nasty Court Battle Is Developing” on October 03, 2017, also Seekingalpha.com with their article: “Breitburn Energy: What Went Wrong And What To Expect” published on July 13, 2017, Seekingalpha.com published: “Breitburn Energy faces competing bid to reorganize in bankruptcy” on October 03, 2017. More interesting news about Breitburn Energy Partners LP (OTCMKTS:BBPPQ) were released by: Seekingalpha.com and their article: “Breitburn Energy Files New Plan And No Asset Sale Expected” published on October 12, 2017 as well as Seekingalpha.com‘s news article titled: “Breitburn Energy: The Endless Bankruptcy” with publication date: July 21, 2017.

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