MLV Maintains Hold On Eagle Rock Energy Partners Shares
In a research report issued today, MLV analyst Adam Fackler maintained a Hold rating on Eagle Rock Energy Partners L.P. (NASDAQ:EROC). No price target was provided.
Fackler said, “EROC declared a quarterly distribution for Q3’14 of $0.07/unit, coming in below our $0.10 estimate and the $0.08 consensus. The distribution equates to an annualized yield of 8.3%, trailing our coverage universe which has an average yield.”