November 16, 2016 - By Clifton Ray · 0 Comments
Niska Gas Storage Partners LLC (NYSE:NKA) institutional sentiment increased to 1.08 in Q2 2016. Its up 0.43, from 0.65 in 2016Q1. The ratio has improved, as 13 institutional investors opened new and increased positions, while 12 sold and decreased stakes in Niska Gas Storage Partners LLC. The institutional investors in our partner’s database now own: 45.02 million shares, up from 44.60 million shares in 2016Q1. Also, the number of institutional investors holding Niska Gas Storage Partners LLC in their top 10 positions was flat from 1 to 1 for the same number . Sold All: 5 Reduced: 7 Increased: 10 New Position: 3.
Niska Gas Storage Partners LLC owns and operates natural gas storage assets. The company has a market cap of $160.31 million. The Firm operates the AECO Hub, which consists of the Countess and Suffield gas storage facilities in Alberta, Canada, and the Wild Goose and Salt Plains gas storage facilities in California and Oklahoma. It currently has negative earnings. Niska Partners markets gas storage services of working gas capacity in addition to optimizing storage capacity with its gas purchases at each of these facilities.
The stock closed at $4.21 during the last session. It is down 19.60% since April 14, 2016 and is uptrending. It has outperformed by 14.92% the S&P500.
Riverstone Holdings Llc holds 5.08% of its portfolio in Niska Gas Storage Partners LLC for 20.49 million shares. Carlyle Group L.P. owns 20.46 million shares or 1.5% of their US portfolio. Moreover, S. Muoio & Co. Llc has 0.58% invested in the company for 291,805 shares. The Us-based Ancora Advisors Llc has invested 0.02% in the stock. Omers Administration Corp, a Ontario – Canada-based fund reported 283,275 shares.#img1#
More notable recent Niska Gas Storage Partners LLC (NYSE:NKA) news were published by: Streetinsider.com which released: “Niska Gas Storage to Be Acquired by Brookfield in $911.9M Deal (NKA) (BIP)” on June 15, 2015, also Bloomberg.com with their article: “Niska Gas Looking for Buyers After Market Value Wiped Out” published on April 22, 2015, Seekingalpha.com published: “Is The Niska Gas Storage Buyout An Opportunity?” on October 28, 2015. More interesting news about Niska Gas Storage Partners LLC (NYSE:NKA) were released by: Seekingalpha.com and their article: “Is Niska Gas Storage Worth The Risk Of A 9.1% Yield?” published on February 03, 2014 as well as Seekingalpha.com‘s news article titled: “Niska Gas Is Likely Undervalued Currently (NKA)” with publication date: December 23, 2014.
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By Clifton Ray