Cypress Energy Partners, L.P. Common Units representing limited partner interests (CELP): Price and Financial Metrics

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CELP Price/Volume Stats

Cypress Energy Partners, L.P. Common Units representing limited partner interests (CELP) Company Bio

Cypress Environmental Partners, L.P. provides independent inspection, integrity, and support services in North America. The company operates in three segments: Pipeline Inspection Services (PIS), Pipeline & Process Services (PPS), and Water and Environmental Services (WES). The PIS segment offers inspection and integrity services on a various infrastructure assets, including midstream pipelines, gathering systems, and distribution systems. This segment also provides various services, such as nondestructive examination, in-line inspection support, pig tracking, survey, data gathering, and supervision of third-party contractors. The PPS segment offers hydrotesting, chemical cleaning, water transfer and recycling, pumping, pigging, flushing, filling, dehydration, caliper runs, ILI tool run support, nitrogen purging, and drying services, as well as test documentation and records retention services. The WES segment owns and operates nine water treatment facilities with ten environmental protection agency class II injection wells in the Bakken shale region of the Williston Basin in North Dakota. This segment offers treatment, recovery, separation, and disposal of waste byproducts generated during the lifecycle of an oil and natural gas well to protect the environment and drinking water. The company serves owners and operators of pipelines and other infrastructure, public utility or local distribution, pipeline construction, oil and natural gas exploration and production, and trucking companies, as well as third-party purchasers of residual oil. Cypress Environmental Partners GP, LLC operates as the general partner of the company. The company was formerly known as Cypress Energy Partners, L.P. and changed its name to Cypress Environmental Partners, L.P. in March 2020. Cypress Environmental Partners, L.P. was founded in 2003 and is headquartered in Tulsa, Oklahoma. Cypress Environmental Partners, L.P. is a subsidiary of Cypress Energy Holdings, LLC.

CELP Price Forecast Based on DCF Valuation

We started the process of determining a valid price forecast for Cypress Environmental Partners LP with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Cypress Environmental Partners LP ranked in the 84th percentile in terms of potential gain offered. Specifically, our DCF analysis implies the stock is trading below its fair value by an estimated 460%. As for the metrics that stood out in our discounted cash flow analysis of Cypress Environmental Partners LP, consider:

• The stock's equity weight, or the proportion of capital from equity relative to debt, is 37. Its equity weight surpasses that of only 19.45% of free cash flow generating stocks in the Energy sector.
• Cypress Environmental Partners LP's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at 0.17. This coverage rate is greater than that of only 24.08% of stocks we're observing for the purpose of forecasting via discounted cash flows.

VNOM, ENBL, SNMP, DLNG, and TTI can be thought of as valuation peers to CELP, in the sense that they are in the Energy sector and have a similar price forecast based on DCF valuation.