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Memorial Production Partners Lp
Memorial Production Partners LP (MEMP) was a publicly traded limited partnership based in the United States. The company was focused on the acquisition, development, and production of oil and natural gas reserves in the United States. Memorial Production Partners LP was active in several major basins, including the Bakken/Three Forks, Eagle Ford, and Niobrara shale formations.
The company was formed in 2011 and was headquartered in Houston, Texas. Memorial Production Partners LP was a master limited partnership (MLP), which is a type of business structure that is commonly used in the energy sector. An MLP is a limited partnership that is publicly traded and offers investors the opportunity to invest in energy infrastructure and operations.
Memorial Production Partners LP went public in 2011 and was listed on the New York Stock Exchange (NYSE) under the ticker symbol "MEMP." However, it should be noted that Memorial Production Partners LP is no longer a publicly traded company. In 2016, Memorial Production Partners LP filed for Chapter 11 bankruptcy protection due to financial difficulties and was eventually acquired by a private energy company.
It's important to keep in mind that investing in the stock market always involves risks, and past performance is not indicative of future results. It's recommended that investors conduct their own research and seek the advice of a financial advisor before making investment decisions.