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NKA $4.21

NKA target price
4.21
0
0
Niska Gas Storage Partners
Type
Public
Traded as NYSE: NKA
Industry gas utilities
Founded 2006
Headquarters Houston, Texas
Revenue

Decrease$185.91 Million (As of 2013)

Website http://www.niskapartners.com

Decrease$185.91 Million (As of 2013)

Niska Gas Storage Partners is a global gas storage service provider and the largest gas storage firm in North America. It operates business in Alberta, Canada and California, US and Oklahoma. The company owns a natural gas storage capacity of 225.5 billion cubic feet. It generates revenue by charging monthly natural gas storage fees to a variety of customers including institutions, gas generators, etc. AECO Hub, consisting of three sub-facilities located both in Canada and US, is the core storage facility of the company and is one of the most important natural gas producing sites in North America. The company has a market capitalization of $ 1.05 billion and an enterprise value of 1.05 billion.

The company is named after a Cree Indian word, niska meaning "Canada goose" indicating the company’s root as the Canadian developer of the first major trading point for natural gas in Alberta.

In the early 2000s, the company acquired the former Manchester Gas Storage facility in Oklahoma, which was renamed Salt Plains Gas Storage, which is one of the three facilities that make up for AECO Hub. The company operated its business under the name, Niska Gas Storage, in 2006 when the natural gas storage business was acquired by Riverstone Holdings LLC. Four years later, the company launched an Initial Public Offering

Q reports

Period Date Adjusted Actuals EPS GAAP EPS

Ratings

2015-07-02 Downgrade Stifel Nicolaus Hold to Sell
2015-06-17 Boost Price Target Barclays Underperform $2.00 to $4.00
2015-06-17 Boost Price Target Barclays PLC Underperform $2.00 to $4.00
2015-06-16 Upgrade Stifel Nicolaus Sell to Hold
2015-06-16 Upgrade Credit Suisse Underperform to Neutral $3.00 to $4.00
2015-06-16 Upgrade Raymond James Underperform to Market Perform
2015-06-16 Upgrade Credit Suisse Group AG Underperform to Neutral $3.00 to $4.00
2015-06-16 Upgrade Raymond James Financial Inc. Underperform to Market Perform
2015-02-05 Downgrade Citigroup Inc. Neutral to Sell
2015-01-09 Reiterated Rating Citigroup Inc. Hold $14.50 to $3.75
2014-10-31 Reiterated Rating Credit Suisse Underperform $14.00 to $8.00
2014-10-31 Downgrade Stifel Nicolaus Hold to Sell $3.30
2014-10-30 Reiterated Rating Goldman Sachs Sell
2014-10-30 Reiterated Rating Goldman Sachs Group Inc. Sell
2014-05-09 Lower Price Target RBC Capital $16.00 to $13.00
2014-05-09 Downgrade Goldman Sachs Neutral to Sell
2014-03-28 Upgrade Citigroup Inc. Sell to Neutral $13.00 to $14.50
2014-02-10 Downgrade Barclays Equal Weight to Underweight $17.00 to $15.00
2013-10-21 Downgrade Wells Fargo & Co. Outperform to Market Perform
2013-10-21 Downgrade Wells Fargo Outperform to Market Perform
2011-04-07 Downgrade Stifel Nicolaus Buy to Hold
2010-06-30 Initiated Barclays Capital Overweight $23
2010-06-21 Initiated Stifel Nicolaus Buy $20
2015-07-02 Downgrade Stifel Nicolaus Hold to Sell
2015-06-17 Boost Price Target Barclays Underperform $2.00 to $4.00
2015-06-17 Boost Price Target Barclays PLC Underperform $2.00 to $4.00
2015-06-16 Upgrade Stifel Nicolaus Sell to Hold
2015-06-16 Upgrade Credit Suisse Underperform to Neutral $3.00 to $4.00

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Funds

In NKA 1 funds of 2213 total. Show all

Fund name Ticker shares
Pinnacle Summer Investments, Inc. 1800

Major Shareholders

Name Relationship Total Shares Holding stocks
Niska Sponsor Holdings Cooperatief U.A. 46.95%  (16992245) NKA /
Dupere Simon Interim CEO and COO 0.25%  (89850) NKA /
MUTHER STEPHEN C 0.14%  (49258) NKA /
Jackson James G 0.12%  (43173) BBEP / NKA /
Hennigan Michael J 0.09%  (30918) MPLX / NKA / SXL /
FRETZ DEBORAH M 0.08%  (28658) ANR / CBI / NKA /
Kulsky Jason S. VP Business Development 0.03%  (10000) NKA /
Pope David F. 0.02%  (5824) NKA /
Olson Darin T. Vice President, Finance 0.01%  (4500) NKA /
Powers Vance E Chief Financial Officer 0.01%  (2000) NKA /