Rice Midstream Partners LP (RMP) Stock Rating Upgraded by Zacks Investment Research
- Author: Zachary Reyes Фев 26, 2017,
Фев 26, 2017, 17:19
One equities research analyst has rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company's stock. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $20.00. Part of the data in this report is derived from Zacks Research and FactSet. The trade volumes are expected to remain volatile during earnings announcement period, as many investors would reconsider their investment in Summit Midstream Partners, LP based on the results. Finally, RBC Capital Markets reiterated a "hold" rating and issued a $15.00 price objective on shares of Enable Midstream Partners, in a report on Friday, January 6th. Compiling all of the recommendations for the firm, Cone Midstream Partners LP (NYSE:CNNX) current has a mean recommendation of 1.88. The firm has a market capitalization of $1.47 billion, a P/E ratio of 14.59 and a beta of 1.69.
Magellan Midstream Partners L.P. has a 12-month low of $55.25 and a 12-month high of $77.45. The company's 50-day moving average is $23.78 and its 200 day moving average is $20.98.
November 03, 2016: Summit Midstream Partners, LP (NYSE:SMLP) reported Q3 earnings 0, missing consensus estimates of $0.16. This is a positive change from Rice Midstream Partners's previous quarterly dividend of $0.24. The firm's quarterly revenue was up 6.3% compared to the same quarter past year.
"Martin Midstream Partners L.P. (MMLP) Downgraded to "Hold" at Zacks Investment Research" was published by The Cerbat Gem and is the sole property of of The Cerbat Gem.
The firm also recently announced a quarterly dividend, which was paid on Tuesday, February 14th. The ex-dividend date was Thursday, February 2nd. Enable Midstream Partners, 's dividend payout ratio is now 186.77%. This represents a $1.09 annualized dividend and a dividend yield of 4.71%. CONE Midstream Partners's dividend payout ratio (DPR) is 68.55%. If you are reading this news story on another site, it was illegally copied and reposted in violation of global copyright laws. The original version of this story can be accessed at [[permalink]]. The stock was bought at an average cost of $22.00 per share, for a total transaction of $110,000.00. The acquisition was disclosed in a document filed with the SEC, which is available through this link. Royal Bank of Canada increased its stake in CONE Midstream Partners by 119.1% in the second quarter. Finally, Global X Management Co. LLC raised its stake in Rice Midstream Partners by 7.1% in the third quarter. LLC now owns 10,612 shares of the company's stock worth $213,000 after buying an additional 2,045 shares in the last quarter. Pointe Capital Management LLC raised its stake in Rice Midstream Partners by 0.3% in the third quarter. Pointe Capital Management LLC now owns 56,861 shares of the company's stock worth $1,029,000 after buying an additional 835 shares during the period. Hollencrest Securities LLC now owns 23,400 shares of the company's stock worth $568,000 after buying an additional 2,240 shares during the last quarter. Marshall Wace LLP bought a new stake in shares of Martin Midstream Partners L.P. during the fourth quarter worth about $243,000.
Company earnings numbers are typically highly analyzed by investors and analysts alike.
CONE Midstream Partners LP is a master limited partnership formed between CONSOL Energy Inc (CONSOL) and Noble Energy, Inc (Noble Energy). The Company operates in five segments: Texas, which includes its natural gas gathering, processing and transmission activities in north Texas and the Permian Basin in west Texas; Oklahoma, which includes its natural gas gathering, processing and transmission activities in Cana-Woodford and Arkoma-Woodford Shale areas; Louisiana, which includes its natural gas pipelines, natural gas processing plants and natural gas liquids (NGL) assets located in Louisiana; Crude and Condensate, which includes its Ohio River Valley (ORV) crude oil, condensate and brine disposal activities in the Utica and Marcellus Shales, its equity interests, crude oil operations in the Permian Basin and crude oil activities associated with the Victoria Express Pipeline, and related truck terminal and storage assets (VEX) located in the Eagle Ford Shale, and Corporate Segment.