Penntex Midstream Partners LP Company Profile (NASDAQ:PTXP)

Analyst Ratings

Consensus Ratings for Penntex Midstream Partners LP (NASDAQ:PTXP) (?)
Ratings Breakdown: 4 Hold Rating(s), 8 Buy Rating(s)
Consensus Rating:Buy (Score: 2.67)
Consensus Price Target: $14.10 (16.07% downside)

Analysts' Ratings History for Penntex Midstream Partners LP (NASDAQ:PTXP)
Show:
DateFirmActionRatingPrice TargetActions
6/20/2016Barclays PLCDowngradeOverweight -> Equal Weight$13.00 -> $18.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
5/16/2016Robert W. BairdReiterated RatingBuyView Rating Details  Tweet This Rating  Share This Rating on StockTwits
5/17/2016Raymond James Financial Inc.Reiterated RatingBuyView Rating Details  Tweet This Rating  Share This Rating on StockTwits
5/17/2016WunderlichBoost Price TargetBuy$12.00 -> $15.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
5/9/2016Stifel NicolausBoost Price TargetBuy$11.00 -> $13.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
4/6/2016Citigroup Inc.Lower Price TargetBuy$25.00 -> $15.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
4/1/2016JP Morgan CazenoveDowngradeOverweight -> Neutral$22.00 -> $11.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
3/30/2016JPMorgan Chase & Co.DowngradeOverweight -> Neutral$22.00 -> $11.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
3/10/2016Royal Bank Of CanadaLower Price TargetOutperform$16.00 -> $14.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
2/26/2016SunTrust Banks Inc.Lower Price TargetBuy$22.00 -> $12.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
1/15/2016Wells Fargo & Co.DowngradeOutperform -> Market PerformView Rating Details  Tweet This Rating  Share This Rating on StockTwits
11/16/2015Deutsche Bank AGLower Price TargetBuy$22.00 -> $20.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
6/29/2015Brean CapitalInitiated CoverageBuy$17.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
(Data available from 7/24/2014 forward)

Earnings

Earnings History for Penntex Midstream Partners LP (NASDAQ:PTXP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallActions
8/5/2016        
5/6/2016Q1$0.21$0.12$20.00 million$17.60 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/25/2016Q4$0.24$0.17ViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
11/6/2015Q3$0.07$0.09ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
8/7/2015Q215($0.02)$0.07$3.26 million$2.70 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Penntex Midstream Partners LP (NASDAQ:PTXP)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.16$0.16$0.16
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Penntex Midstream Partners LP (NASDAQ:PTXP)
Annual Dividend:$1.10
Dividend Yield:6.55%
Payout Ratio:297.30% (Based on Trailing 12 Months of Earnings)
137.50% (Based on Current Year Consensus EPS Estimate)
100.92% (Based on Next Year Consensus EPS Estimate)

Dividend History for Penntex Midstream Partners LP (NASDAQ:PTXP)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable DateShare
7/21/2016$0.287/28/20168/1/20168/12/2016Tweet This Announcement  Share This Announcement on StockTwits
4/21/2016Quarterly$0.284/28/20165/2/20165/13/2016Tweet This Announcement  Share This Announcement on StockTwits
1/21/2016Quarterly$0.281/29/20162/2/20162/12/2016Tweet This Announcement  Share This Announcement on StockTwits
10/23/2015Quarterly$0.2810/30/201511/3/201511/13/2015Tweet This Announcement  Share This Announcement on StockTwits
7/23/2015$0.077/31/20158/4/20158/14/2015Tweet This Announcement  Share This Announcement on StockTwits
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Penntex Midstream Partners LP (NASDAQ:PTXP)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionActions
8/14/2015Stephen M MooreInsiderBuy1,500$16.94$25,410.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
8/13/2015Steven R JonesInsiderBuy8,000$16.57$132,560.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
6/9/2015Kenneth E HertelInsiderBuy2,000$20.00$40,000.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Penntex Midstream Partners LP (NASDAQ:PTXP)
DateHeadline
07/22/16 05:49 PMBRIEF-Penntex Midstream Partners LP increases quarterly distribution
07/22/16 05:49 PMPennTex Midstream Partners (PTXP) Declares $0.2846 Quarterly Dividend; 7% Yield
07/22/16 05:49 PMPennTex Midstream Partners, LP Increases Quarterly Distribution
06/23/16 06:35 PMPennTex Midstream Partners LP (NASDAQ:PTXP) price target upped to $18 as disclosed today by Barclays Capital
06/21/16 05:49 AMPennTex Midstream Partners, LP Announces Date for Second Quarter 2016 Earnings Conference Call - [at noodls] - HOUSTON, June 21, 2016 (GLOBE NEWSWIRE) -- PennTex Midstream Partners, LP (NASDAQ:PTXP) (the 'Partnership') will report second quarter 2016 financial and operating results before the market opens for trading ...
06/16/16 10:12 AMIOS 10 - All the big features you should know about
06/15/16 05:07 AMPENNTEX MIDSTREAM PARTNERS, LP Files SEC form 8-K, Change in Directors or Principal Officers -
05/31/16 05:42 AMPennTex Midstream Partners, LP to Present at the 2016 MLP Investor Conference - [at noodls] - HOUSTON, May 31, 2016 (GLOBE NEWSWIRE) -- PennTex Midstream Partners, LP (NASDAQ:PTXP) (the 'Partnership') announced today that members of the Partnership's management team will present at the 2016 MLP ...
05/27/16 01:22 PMTarget Check and Stock Performance Recap Penntex Midstream Partners LP (NASDAQ:PTXP) - Wall Street Hints and News - Target Check and Stock Performance Recap Penntex Midstream Partners LP (NASDAQ:PTXP)Wall Street Hints and NewsIn recent session activity, Penntex Midstream Partners LP (NASDAQ:PTXP) shares have traded +1.16%. Monitoring the stock price relative to moving averages may provide enhanced perspective on share performance. After a recent check, the stock has been ...
05/27/16 01:22 PMStock Rating Review for Penntex Midstream Partners LP (NASDAQ:PTXP) - Wall Street Hints and News - TheStreet.comStock Rating Review for Penntex Midstream Partners LP (NASDAQ:PTXP)Wall Street Hints and NewsCovering equity analysts presently have a consensus stock rating of 1.6 on shares of Penntex Midstream Partners LP (NASDAQ:PTXP). Covering analysts will often provide Sell, Hold, or Buy recommendations based on their advanced research.PennTex Midstream Partners, LP (NASDAQ:PTXP) Analyst ReviewRisers & FallersPennTex Midstream Partners, LP (NASDAQ:PTXP) Updated Price TargetsFTSE Newsall 71 news articles »
05/12/16 10:29 AMPenntex Midstream Partners LP :PTXP-US: Earnings Analysis: Q1, 2016 By the Numbers -
05/09/16 05:46 AMPennTex Midstream Partners, LP to Participate in Deutsche Bank MLP, Midstream & Natural Gas Conference - [at noodls] - HOUSTON, May 09, 2016 (GLOBE NEWSWIRE) -- PennTex Midstream Partners, LP (NASDAQ:PTXP) (the 'Partnership') announced today that members of the Partnership's management team will participate in the Deutsche ...
05/07/16 01:42 PMPENNTEX MIDSTREAM PARTNERS, LP : Results of Operations and Financial Condition, Financial Statements and Exhibits (form 8-K) - 12:40p PENNTEX MIDSTREAM PARTNERS, LP: Results of Operations and Financial Condition, .. 12:31p PennTex Midstream Partners, LP Reports First Quarter 2016 Results 04/21 PennTex Midstream Partners, LP Declares First Quarter 2016 Distribution 04/14 PennTex ...
05/07/16 01:42 PMPennTex Midstream Partners' (PTXP) CEO Thomas Karam on Q1 2016 Results - Earnings Call Transcript - Good day and welcome to the PennTex Midstream Partners LP First Quarter 2016 Conference Call and Webcast. All participants are in a listen-only mode. [Operator Instructions] After today’s presentation there will be an opportunity to ask questions.
05/06/16 11:18 AMEdited Transcript of PTXP earnings conference call or presentation 6-May-16 1:00pm GMT -
05/06/16 06:07 AMQ1 2016 Penntex Midstream Partners LP Earnings Release - Before Market Open -
05/06/16 05:44 AMPennTex Midstream Partners, LP Reports First Quarter 2016 Results - [at noodls] - HOUSTON, May 06, 2016 (GLOBE NEWSWIRE) -- PennTex Midstream Partners, LP (NASDAQ:PTXP) (the 'Partnership') today reported first quarter 2016 financial and operational results. ... This is an abstract of ...
05/06/16 05:39 AMPenntex Midstream misses Street 1Q forecasts -
04/23/16 01:50 PMPenntex Midstream Partners LP (NASDAQ:PTXP) Short Interest Decreased By 13.85% - The stock of Penntex Midstream Partners LP (NASDAQ:PTXP) registered a decrease of 13.85% in short interest. PTXP’s total short interest was 72,800 shares in April as published by FINRA. Its down 13.85% from 84,500 shares, reported previously. With ...
04/21/16 05:50 AMPennTex Midstream Partners, LP Declares First Quarter 2016 Distribution - [at noodls] - HOUSTON, April 21, 2016 (GLOBE NEWSWIRE) -- PennTex Midstream Partners, LP (NASDAQ:PTXP) (the 'Partnership') announced today that the Board of Directors of its general partner has approved a cash distribution ...
04/14/16 05:44 AMPennTex Midstream Partners, LP Announces Date for First Quarter 2016 Earnings Conference Call - [at noodls] - HOUSTON, April 14, 2016 (GLOBE NEWSWIRE) -- PennTex Midstream Partners, LP (NASDAQ:PTXP) (the 'Partnership') will report first quarter 2016 financial and operating results before the market opens for trading ...
04/12/16 01:51 PMVenezuela's high court rejects amnesty law for opposition - How Many Penntex Midstream Partners LP (NASDAQ:PTXP)'s Analysts Are Bearish? "This impunity law can not pass", said Maduro, who had vowed to veto it, in a televised broadcast minutes before the court's decision was released. Maduro had accused the ...
04/06/16 01:46 PMCompany Shares of Summit Midstream Partners LP (NYSE:SMLP) Rally 5.13% - The share price of the company (NYSE:ENBL) was down -0.13%, with a high of 7.99during the day and the volume of Enable Midstream Partners, LP shares traded was 117125. On Jan 15, 2016, Wells Fargo said it Downgrades its rating on Penntex Midstream Partners LP.
04/06/16 01:46 PMMagellan Midstream and TransMontaigne mull refined products pipeline - In a different note, On Feb 5, 2016, Barclays said it Maintains its rating on Penntex Midstream Partners LP. The stock was bought at an average cost of $17.56 per share, for a total transaction of $1,892,072.44. Antero Midstream Partners LP was the topic ...
04/06/16 01:46 PMSummit Midstream Partners LP (SMLP) Shares Sold by Atlantic Trust Group LLC - The disclosure for this sale can be found here. In a different note, On Feb 5, 2016, Barclays said it Maintains its rating on Penntex Midstream Partners LP. Atlantic Trust Group LLC owned approximately 3.29% of Rice Midstream Partners worth $25,534,000 at ...
04/06/16 01:46 PMAtlantic Trust Group LLC Increases Position in Rice Midstream Partners LP (RMP) - Brokerage firm JP Morgan Downgrades its rating on Penntex Midstream Partners LP(NASDAQ:PTXP). Zacks Research also uses an analyst ratings scale that ranges from 1 to 5. Goldman Sachs upped their target price on Rice Midstream Partners from $15.00 to $17.00 ...
04/05/16 01:31 PMResearch Analysts' Recent Ratings Changes for EnLink Midstream Partners (ENLK) - ... of Dominion Midstream Partners LP (NYSE:DM) latest ratings and price target changes. Enlink Midstream, LLC is a limited liability company. In the research note, the firm Lowers the price-target to $18.00 per share. PennTex Midstream Partners, LP ...
04/05/16 01:31 PMResearch Analysts' Recent Ratings Changes for EnLink Midstream Partners (ENLK) - ... of Dominion Midstream Partners LP (NYSE:DM) latest ratings and price target changes. Enlink Midstream, LLC is a limited liability company. In the research note, the firm Lowers the price-target to $18.00 per share. PennTex Midstream Partners, LP ...
04/04/16 01:24 PMPatrick Kane reaches 100 points this season after hat trick - Penntex Midstream Partners LP (NASDAQ:PTXP) has declined 45.24% since August 26, 2015 and is downtrending. Microsoft yesterday announced Windows 10 Anniversary Update at its BUILD keynote . What Myerson announced was just the next step in the evolution of ...
04/04/16 01:24 PMHow Analysts Rated Enable Midstream Partners LP (NYSE:ENBL) Last Week? - PennTex Midstream Partners Cut to Neutral at JP Morgan; Stock Gains 4.3% (NASDAQ:PTXP) The company now has a consensus rating ... The share price of DCP Midstream Partners, LP (NYSE:DPM) was up +2.93% during the last trading session, with a day high ...
04/04/16 01:24 PMMagellan Midstream Partners, LP's (MMP) Underperform Rating Reiterated at Credit Suisse - PennTex Midstream Partners, LP (NASDAQ:PTXP) on Wednesday was downgraded to neutral from an overweight rating at JP Morgan. The refined products pipeline systems, which are held by Bengal Pipeline Company LLC (Bengal) and Colonial Pipeline Company ...
04/02/16 01:36 PMPenntex Midstream Partners LP (PTXP) Lowered to "Neutral" at JP Morgan Cazenove - Whetstone Capital Advisors LLC now owns 969,003 shares of the company's stock worth $12,529,000 after buying an additional 11,820 shares in the last quarter. The Partnership provides all of its natural gas transmission, storage and gathering services under ...
03/31/16 01:38 PMEnLink Midstream Partners LP (ENLK) Trading 3.7% Higher After Analyst Upgrade - The company has seen a change of 281.30% earnings per share this year. Over the last twelve months PennTex Midstream Partners LP’s stock price has increased by 0% from 0.00 to 10.15. Capital Investment Advisors now owns 6,605 shares of the company’s ...
03/31/16 01:38 PMAzure Midstream Partners, LP Common Units Limited Partnership (NYSE:AZUR) - PennTex Midstream Partners, LP was founded in 2014 and is headquartered in Houston, Texas. The Company's business segments include Refined Products, Crude Oil and Marine Storage. Trump backs off statement that abortion ban should yield 'punishment' for ...
03/31/16 01:38 PMBrokerage Firm Rating on Antero Midstream Partners LP - Magellan Midstream Partners, L.P. The stock of Penntex Midstream Partners LP (NASDAQ:PTXP) registered a decrease of 18.04% in short interest. The company reported $0.38 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.33 by ...
03/28/16 01:48 PMWere Analysts Bullish Penntex Midstream Partners LP (NASDAQ:PTXP) This Week? - Shares of Summit Midstream Partners LP (NASDAQ:SMLP) opened at 15.60 on Friday. Other equities research analysts have also issued reports about the stock. Advisory Services Network LLC increased its stake in shares of Magellan Midstream Partners, L.P.by ...
03/23/16 12:50 PMHow Many Rice Midstream Partners LP (NYSE:RMP)'s Analysts Are Bullish? - 139851 shares were traded on American Midstream Partners, LP's last session. Last quarter, Penntex Midstream Partners LP (NASDAQ:PTXP) reported a surprise factor of -15% as their actual earnings per share of $0.17 were $-0.03 away from the Zacks Consensus ...
03/05/16 11:55 AMWill Penntex Midstream Partners LP (NASDAQ:PTXP) Surprise Analysts This Quarter? - The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. BCB Bancorp has a market capitalization of 111.19M. The stock ended up at $70.17. They now have a United States dollars 30 price target on the stock.
03/04/16 12:04 PMPENNTEX MIDSTREAM PARTNERS, LP Financials -
03/02/16 12:25 PMHow Analysts Feel About Summit Midstream Partners LP After Today's Huge Increase? - Analysts are projecting that Penntex Midstream Partners LP (NASDAQ:PTXP) shares will reach $11 to $22 in the near term (1 year). Fort Washington Investment Advisors Inc. About 399,419 shares traded hands. Evergreen Capital Management LLC raised its ...
02/29/16 07:00 AMPennTex Midstream Partners, LP to Participate in Barclays MLP Corporate Access Day - [GlobeNewswire] - HOUSTON, Feb. 29, 2016-- PennTex Midstream Partners, LP announced today that members of the Partnership’ s management team will participate in the Barclays MLP Corporate Access Day. The conference will ...
02/26/16 08:28 AMPenntex Midstream Partners LP Earnings Analysis: 2015 By the Numbers -
02/26/16 05:52 AMPENNTEX MIDSTREAM PARTNERS, LP Files SEC form 10-K, Annual Report -
02/25/16 12:15 PMPenntex Midstream Partners LP Earnings Call (Q4 2015) - PennTex Midstream Partners, LP focuses on acquiring, owning, developing, and operating midstream energy infrastructure assets. It provides natural gas gathering and processing and residue gas and natural gas liquids transportation services to producers in ...
02/25/16 08:00 AMPenntex Midstream Partners LP Earnings Call scheduled for 9:00 am ET today -
02/25/16 06:23 AMPenntex Midstream misses Street 4Q forecasts -
02/25/16 06:07 AMQ4 2015 Penntex Midstream Partners LP Earnings Release - Before Market Open -
02/25/16 05:46 AM6:46 am PennTex Midstream Partners reports Q4 EPS of $0.17 vs $0.20 Capital IQ Consensus Estimate; revs $19.1 mln vs $19.66 mln Capital IQ Consensus Estimate -
02/25/16 05:40 AMPENNTEX MIDSTREAM PARTNERS, LP Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statement -
02/25/16 05:30 AMPennTex Midstream Partners, LP Reports Fourth Quarter 2015 Results and 2016 Guidance - [GlobeNewswire] - HOUSTON, Feb. 25, 2016-- PennTex Midstream Partners, LP today reported fourth quarter 2015 financial and operational results and 2016 guidance.. Highlights for the Quarter Include:. Average processing ...

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About Penntex Midstream Partners LP

Penntex Midstream Partners LP logoPennTex Midstream Partners, LP focuses on owning, operating, acquiring and developing midstream energy infrastructure assets, with an initial focus in northern Louisiana. The Company provides natural gas gathering and processing, and residue gas and natural gas liquids (NGL) transportation services to producers in northern Louisiana primarily focused in the Terryville Complex of the Cotton Valley formation. Its assets include the Lincoln Parish plant, an approximately 200 million cubic feet per day (MMcf/d) design-capacity cryogenic natural gas processing plant located near Arcadia, Louisiana, and an approximately 40-mile natural gas liquid (NGL) pipeline that provides connections to the Mont Belvieu market for NGLs produced from its processing plants. PennTex Development is the parent company of the Company. Under its residue gas and NGL transportation agreements, it transports all of the residue gas and NGLs produced on behalf of Memorial Resource at its processing plants.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Oil & Gas Pipelines
  • Sub-Industry: N/A
  • Exchange: NASDAQ
  • Symbol: PTXP
  • CUSIP:
Key Metrics:
  • Previous Close: $16.80
  • 50 Day Moving Average: $15.78
  • 200 Day Moving Average: $12.28
  • P/E Ratio: 50.45
  • P/E Growth: 0.47
  • Market Cap: $672.03M
  • Current Year EPS Consensus Estimate: $0.80 EPS
  • Next Year EPS Consensus Estimate: $1.09 EPS
Additional Links:
Penntex Midstream Partners LP (NASDAQ:PTXP) Chart for Sunday, July, 24, 2016