Jp Energy Partners Lp (JPEP) Files Form 4 Insider Buying : Patrick Joseph Welch Buys 5,000 Shares

Jp Energy Partners Lp (JPEP): Patrick Joseph Welch , director officer of Jp Energy Partners Lp purchased 5,000 shares on May 25, 2016. The Insider buying transaction was reported by the company on May 25, 2016 to the Securities and Exchange Commission. The shares were purchased at $7.46 per share for a total value of $37,300.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jan 22, 2016, Jason Patrick Barley (director officer ) sold 9,500 shares at $3.14 per share price.On Aug 17, 2015, Josh Sherman (director) purchased 3,000 shares at $9.10 per share price.Also, On Aug 13, 2015, Patrick Joseph Welch (director officer ) purchased 5,000 shares at $8.83 per share price.

JP Energy Partners LP: On Friday, May 20, 2016 heightened volatility was witnessed in JP Energy Partners LP which led to swings in the share price. The shares opened for trading at $7.13 and hit $7.31 on the upside , eventually ending the session at $7.2, with a gain of 0.98% or 0.07 points. The heightened volatility saw the trading volume jump to 51,370 shares. The 52-week high of the share price is $15 and the company has a market cap of $133,402 M . The 52-week low of the share price is at $1.89.

JP Energy Partners LP Money Flow Index Chart

JP Energy Partners LP (JP Energy Partners) owns operates develops and acquires a portfolio of midstream energy assets in the United States. The Company operates through four segments: Crude Oil Pipelines and Storage Crude Oil Supply and Logistics Refined Product Terminals and Storage and NGL Distribution and Sales. The Company’s crude oil businesses are situated in areas including the Permian Basin Mid-Continent and Eagle Ford shale. The Crude Oil Supply and Logistics segment manages the physical movement of crude oil origination to final destination. The Refined Product Terminals and Storage segment consists of two refined products terminals located in North Little Rock Arkansas and Caddo Mills Texas. The NGL Distribution and Sales segment includes its propane cylinder exchange business and the retail commercial and wholesale sale of NGLs and other refined products. The Company markets its propane cylinder exchange business under the Pinnacle Propane Express.

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