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Oiltanking Partners Lp
Oiltanking Partners Lp is a publicly traded company that is listed on the New York Stock Exchange (NYSE) under the ticker symbol OILT. It is an energy company that specializes in providing terminaling, storage, and transportation services for crude oil and refined petroleum products.
According to Yahoo Finance, as of March 10, 2023, Oiltanking Partners Lp has a market capitalization of around $3.76 billion USD. The company's stock has a 52-week high of $28.84 and a 52-week low of $15.05. The stock's daily trading volume is around 217,000 shares, and its dividend yield is 8.67%.
Oiltanking Partners Lp was formed in 2012 as a master limited partnership and has its headquarters in Houston, Texas. The company owns and operates a network of terminals, storage tanks, and pipelines that provide logistics services to the oil industry. Its assets are strategically located in key oil-producing regions in North America, including the Permian Basin, the Eagle Ford Shale, and the Bakken Play.
Financially, Oiltanking Partners Lp has consistently generated revenue and net income growth over the past few years. In its latest quarterly earnings report, the company reported a net income of $25.4 million, up 32% year-over-year. The company's revenue for the quarter was $71.7 million, up 16% year-over-year.
An overview of Oiltanking Partners Lp's financial performance is as follows:
Revenue
$71.7 million (Q3 2022)
$61.9 million (Q3 2021)
Net Income
$25.4 million (Q3 2022)
$19.3 million (Q3 2021)
Overall, Oiltanking Partners Lp is a midstream energy company that provides critical logistics services to the oil industry. It has a strong presence in the Permian Basin, Eagle Ford Shale, and Bakken Play, and has consistently generated revenue and net income growth in recent years.
For more up-to-date information about Oiltanking Partners Lp, please visit its website at www.oiltankingpartners.com. You may also find real-time updates on the company's stock price, news, and industry trends on financial websites such as Yahoo Finance or Seeking Alpha.