November 17, 2016 - By Winifred Garcia · 0 Comments
Oci Partners LP (NYSE:OCIP) institutional sentiment decreased to 0.42 in 2016 Q2. Its down -0.88, from 1.3 in 2016Q1. The ratio has worsened, as 5 institutional investors opened new or increased stock positions, while 12 cut down and sold positions in Oci Partners LP. The institutional investors in our partner’s database now hold: 11.93 million shares, up from 11.45 million shares in 2016Q1. Also, the number of institutional investors holding Oci Partners LP in their top 10 stock positions decreased from 1 to 0 for a decrease of 1. Sold All: 6 Reduced: 6 Increased: 4 New Position: 1.
OCI Partners LP owns and operates an integrated methanol and ammonia production facility that is located on the Texas Gulf Coast near Beaumont. The company has a market cap of $457.40 million. The Firm has an annual methanol production capacity of approximately 912,500 metric tons and an annual ammonia production capacity of approximately 331,000 metric tons. It currently has negative earnings. It purchases natural gas from third parties and processes the natural gas into synthesis gas, which it then further processes in the production of methanol and ammonia.
About 600 shares traded hands. OCI Partners LP (NYSE:OCIP) has declined 26.58% since April 15, 2016 and is downtrending. It has underperformed by 31.20% the S&P500.
According to Zacks Investment Research, “OCI Partners LP engages in owning and operating integrated methanol and ammonia production facilities. It intends to sell its products to industrial users and commercial traders for further processing or distribution. OCI Partners LP is based in Nederland, Texas.”
Nfc Investments Llc holds 2.87% of its portfolio in OCI Partners LP for 808,100 shares. Bard Associates Inc owns 221,029 shares or 0.88% of their US portfolio. Moreover, Credit Capital Investments Llc has 0.84% invested in the company for 596,487 shares. The New York-based Selz Capital Llc has invested 0.31% in the stock. Cna Financial Corp, a Illinois-based fund reported 76,518 shares.#img1#
Insider Transactions: Since January 1, 0001, the stock had 10 insider buys, and 1 sale for $2.00 million net activity.
OCI Partners LP, incorporated on February 7, 2013, owns and operates an integrated methanol and ammonia production facility that is located on the Texas Gulf Coast near Beaumont. The Firm is a methanol producer in the United States with an annual methanol production capacity of approximately 912,500 metric tons and a maximum annual ammonia production capacity of approximately 331,000 metric tons.
More notable recent OCI Partners LP (NYSE:OCIP) news were published by: Prnewswire.com which released: “OCI Partners LP Schedules 2016 Third Quarter Results Conference Call” on November 04, 2016, also Prnewswire.com with their article: “OCI Partners LP Reports 2016 Third Quarter Results” published on November 07, 2016, Prnewswire.com published: “OCI Partners LP Announces 2014 Schedule K-1 Tax Package Availability” on March 19, 2015. More interesting news about OCI Partners LP (NYSE:OCIP) were released by: Prnewswire.com and their article: “OCI Partners LP Reports 2016 First Quarter Earnings and Announces $0.06 …” published on May 09, 2016 as well as Prnewswire.com‘s news article titled: “OCI Partners LP Announces Restart of its Ammonia and Methanol Production Lines” with publication date: April 23, 2015.
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By Winifred Garcia