Mid-Con Energy Partners LP Company Profile (NASDAQ:MCEP)

About Mid-Con Energy Partners LP

Mid-Con Energy Partners LP logoMid-Con Energy Partners, LP is engaged in the ownership, acquisition, exploitation and development of producing oil and natural gas properties in North America, with a focus on enhanced oil recovery (EOR). The Company's properties are located in the Mid-Continent and Permian Basin regions of the United States in over five areas: Southern Oklahoma; Northeastern Oklahoma; parts of Oklahoma, Colorado and Texas within the Hugoton; Texas Gulf Coast, and Texas within the Eastern Shelf of the Permian. The Company operates approximately 100% of its properties, as calculated on a barrel of oil equivalent (Boe) basis, through its affiliate, Mid-Con Energy Operating, LLC (Mid-Con Energy Operating). The Company designs and manages the development, recompletion or work-over for all of the wells it operates and supervises operation and maintenance activities. Mid-Con Energy Operating provides the Company with management, administrative and operational services under a services agreement.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Independent Oil & Gas
  • Sub-Industry: N/A
  • Exchange: NASDAQ
  • Symbol: MCEP
  • CUSIP:
Key Metrics:
  • Previous Close: $2.65
  • 50 Day Moving Average: $2.54
  • 200 Day Moving Average: $2.42
  • 52-Week Range: $0.72 - $4.05
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 7.57
  • P/E Growth: -2.55
  • Market Cap: $79.27M
  • Outstanding Shares: 29,912,000
  • Beta: 1.61
Profitability:
  • Net Margins: -141.44%
  • Return on Equity: 5.23%
  • Return on Assets: 2.20%
Debt:
  • Debt-to-Equity Ratio: 0.98%
  • Current Ratio: 0.62%
  • Quick Ratio: 0.62%
Additional Links:
Companies Related to Mid-Con Energy Partners LP:

Analyst Ratings

Consensus Ratings for Mid-Con Energy Partners LP (NASDAQ:MCEP) (?)
Ratings Breakdown: 1 Sell Rating, 2 Hold Ratings
Consensus Rating:Hold (Score: 1.67)
Consensus Price Target: $1.00 (62.26% downside)

Analysts' Ratings History for Mid-Con Energy Partners LP (NASDAQ:MCEP)
Show:
DateFirmActionRatingPrice TargetDetails
5/3/2016FBR & CoReiterated RatingHoldView Rating Details
2/18/2016Wells Fargo & Co.DowngradeMarket Perform -> UnderperformView Rating Details
10/23/2015Ladenburg ThalmannDowngradeBuy -> NeutralView Rating Details
9/22/2015WunderlichLower Price TargetHold$4.00 -> $3.00View Rating Details
8/5/2015Oppenheimer Holdings Inc.Reiterated RatingHoldView Rating Details
8/5/2015Raymond James Financial Inc.DowngradeMarket Perform -> UnderperformView Rating Details
8/4/2015Royal Bank Of CanadaLower Price TargetSector Perform$8.00 -> $4.00View Rating Details
3/9/2015MLV & Co.Reiterated RatingBuy$8.00View Rating Details
12/16/2014Robert W. BairdDowngradeOutperform -> Neutral$19.00 -> $5.00View Rating Details
(Data available from 9/29/2014 forward)

Earnings

Earnings History for Mid-Con Energy Partners LP (NASDAQ:MCEP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/31/2016        
8/1/2016Q2$0.13($0.52)$20.66 million$4.69 millionViewN/AView Earnings Details
5/2/2016Q1$0.10($0.11)$23.43 million$13.84 millionViewN/AView Earnings Details
2/29/2016Q4$0.22($1.93)$29.92 million$26.06 millionViewListenView Earnings Details
11/2/2015Q3$0.12($0.85)$26.02 million$38.30 millionViewN/AView Earnings Details
8/3/2015Q215$0.02($0.26)$23.22 million$12.74 millionViewN/AView Earnings Details
5/4/2015Q115($0.02)($0.14)$22.90 million$19.22 millionViewN/AView Earnings Details
3/10/2015$0.28$0.19ViewN/AView Earnings Details
3/2/2015Q414$0.29$0.29$28.00 million$24.60 millionViewN/AView Earnings Details
11/3/2014Q314$0.44$0.49$25.60 million$35.50 millionViewN/AView Earnings Details
8/4/2014Q214$0.44$0.18$23.34 million$22.26 millionViewN/AView Earnings Details
5/5/2014Q114$0.32$0.08$21.49 million$21.80 millionViewN/AView Earnings Details
3/4/2014Q413$0.52$0.47$22.02 million$22.04 millionViewN/AView Earnings Details
11/5/2013Q313$0.54$0.22$23.81 million$22.98 millionViewN/AView Earnings Details
8/6/2013Q2 2013$0.56$0.54$22.18 million$22.80 millionViewN/AView Earnings Details
5/7/2013Q1 2013$0.44$0.21$19.97 million$19.05 millionViewN/AView Earnings Details
11/6/2012Q312$0.45($0.06)$16.39 million$15.05 millionViewN/AView Earnings Details
8/7/2012$0.46$1.24ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Mid-Con Energy Partners LP (NASDAQ:MCEP)
Current Year EPS Consensus Estimate: $-0.63 EPS
Next Year EPS Consensus Estimate: $0.35 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.00$0.00$0.00
Q2 20161$0.14$0.14$0.14
Q3 20161$0.15$0.15$0.15
Q4 20161$0.05$0.05$0.05
Q1 20171($0.03)($0.03)($0.03)
Q2 20171($0.03)($0.03)($0.03)
Q3 20171($0.03)($0.03)($0.03)
Q4 20171($0.02)($0.02)($0.02)
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Mid-Con Energy Partners LP (NASDAQ:MCEP)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/24/2015quarterly$0.1315.58%8/4/20158/6/20158/13/2015
4/21/2015quarterly$0.138.31%5/5/20155/7/20155/14/2015
1/27/2015quarterly$0.138.96%2/4/20152/6/20152/13/2015
10/23/2014quarterly$0.5211.21%10/30/201411/3/201411/14/2014
7/24/2014quarterly$0.528.58%7/31/20148/4/20148/11/2014
4/25/2014quarterly$0.528.98%5/6/20145/8/20145/15/2014
1/23/2014quarterly$0.529.07%2/5/20142/7/20142/14/2014
10/24/2013quarterly$0.527.86%11/5/201311/7/201311/14/2013
7/25/2013quarterly$0.528.36%8/5/20138/7/20138/14/2013
4/23/2013quarterly$0.518.64%5/3/20135/7/20135/14/2013
1/24/2013quarterly$0.509.09%2/5/20132/7/20132/14/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Mid-Con Energy Partners LP (NASDAQ:MCEP)
Insider Ownership Percentage: 7.30%
Institutional Ownership Percentage: 5.17%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/17/2016C Fred Ball JrDirectorBuy40,000$2.54$101,600.00View SEC Filing  
6/15/2016Michael David PetersonCFOSell26,250$2.02$53,025.00View SEC Filing  
3/3/2016Cameron O SmithDirectorBuy5,000$1.11$5,550.00View SEC Filing  
12/15/2015C Fred Ball JrDirectorBuy15,000$1.15$17,250.00View SEC Filing  
12/15/2015Michael David PetersonCFOBuy10,000$1.15$11,500.00View SEC Filing  
9/15/2015Robert W BerryDirectorBuy10,000$2.45$24,500.00View SEC Filing  
9/14/2015Robert W BerryDirectorBuy10,000$2.37$23,700.00View SEC Filing  
9/10/2015Robert W BerryDirectorBuy7,541$2.72$20,511.52View SEC Filing  
8/31/2015Bradley CoxEVPBuy10,000$2.84$28,400.00View SEC Filing  
6/15/2015C Fred Ball JrDirectorSell1,600$5.41$8,656.00View SEC Filing  
6/10/2015Cameron O SmithDirectorSell4,650$5.63$26,179.50View SEC Filing  
3/13/2015C Fred Ball JrDirectorSell5,000$5.58$27,900.00View SEC Filing  
3/12/2015Robert W BerryDirectorBuy10,000$5.66$56,600.00View SEC Filing  
12/15/2014Peter Adamson IIIDirectorBuy10,000$5.95$59,500.00View SEC Filing  
12/12/2014Robert W BerryDirectorBuy10,000$6.44$64,400.00View SEC Filing  
12/11/2014Robert W BerryDirectorBuy10,000$6.69$66,900.00View SEC Filing  
11/28/2014Peter Adamson IIIDirectorBuy23,000$13.43$308,890.00View SEC Filing  
11/26/2014Robert W BerryDirectorBuy10,000$14.15$141,500.00View SEC Filing  
11/25/2014Robert W BerryDirectorBuy2,000$14.44$28,880.00View SEC Filing  
11/20/2014Peter Adamson IIIDirectorBuy1,000$14.85$14,850.00View SEC Filing  
11/19/2014Robert W BerryDirectorBuy6,000$15.00$90,000.00View SEC Filing  
11/18/2014Robert W BerryDirectorBuy6,000$15.30$91,800.00View SEC Filing  
11/14/2014Robert W BerryDirectorBuy5,000$16.26$81,300.00View SEC Filing  
11/12/2014Robert W BerryDirectorBuy4,000$16.50$66,000.00View SEC Filing  
9/15/2014Robert W BerryDirectorBuy2,000$21.64$43,280.00View SEC Filing  
9/11/2014Robert W BerryDirectorBuy3,000$21.77$65,310.00View SEC Filing  
9/8/2014Robert W BerryDirectorBuy1,000$21.80$21,800.00View SEC Filing  
9/2/2014Cameron O SmithDirectorSell1,100$22.73$25,003.00View SEC Filing  
8/26/2014Cameron O SmithDirectorSell1,100$22.49$24,739.00View SEC Filing  
8/18/2014Robert W BerryDirectorBuy1,308$21.90$28,645.20View SEC Filing  
8/14/2014Robert W BerryDirectorBuy1,000$21.95$21,950.00View SEC Filing  
8/12/2014S Craig GeorgeDirectorSell20,000$22.41$448,200.00View SEC Filing  
6/13/2014C Fred Ball JrDirectorBuy1,000$21.88$21,880.00View SEC Filing  
6/9/2014Cameron O SmithDirectorSell3,450$21.35$73,657.50View SEC Filing  
5/30/2014Cameron O SmithDirectorSell4,400$22.26$97,944.00View SEC Filing  
5/23/2014Cameron O SmithDirectorSell1,750$22.58$39,515.00View SEC Filing  
3/14/2014Robert BerryDirectorBuy4,282$21.95$93,989.90View SEC Filing  
12/12/2013David CulbertsonCAOSell2,500$21.62$54,050.00View SEC Filing  
12/11/2013Robert BerryDirectorBuy3,000$21.98$65,940.00View SEC Filing  
9/11/2013Cameron SmithDirectorBuy1,760$23.50$41,360.00View SEC Filing  
9/9/2013Cameron O SmithDirectorBuy8,268$23.12$191,156.16View SEC Filing  
9/6/2013Cameron O SmithDirectorBuy7,232$23.11$167,131.52View SEC Filing  
8/16/2013Robert BerryDirectorBuy2,000$21.85$43,700.00View SEC Filing  
8/15/2013David CulbertsonCAOSell5,000$22.13$110,650.00View SEC Filing  
12/4/2012Cameron O SmithDirectorSell6,920$20.68$143,105.60View SEC Filing  
11/15/2012Robert W BerryDirectorBuy3,859$18.11$69,886.49View SEC Filing  
9/6/2012Peter Adamson IIIDirectorBuy5,000$22.10$110,500.00View SEC Filing  
8/15/2012Peter Adamson IIIDirectorBuy5,000$22.40$112,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Mid-Con Energy Partners LP (NASDAQ:MCEP)
DateHeadline
News IconUnder the Microscope: Zeroing in on Shares of Mid-Con Energy Partners, LP (NASDAQ:MCEP) - Duncan Research (NASDAQ:MCEP)
www.duncanindependent.com - September 26 at 6:04 PM
News IconUnder the Microscope, Zeroing in at Mid-Con Energy Partners, LP (NASDAQ:MCEP) - Duncan Research (NASDAQ:MCEP)
www.duncanindependent.com - September 22 at 5:48 PM
News IconAnalysts Take Aim At This Stock's Earnings Estimates: Mid-Con Energy Partners, LP (NASDAQ:MCEP) - Frisco Fastball (NASDAQ:MCEP)
friscofastball.com - September 22 at 10:51 AM
investornewswire.com logoShares Of Mid-Con Energy Partners, LP (NASDAQ:MCEP) Expected To Hit $2 - Investor Newswire (NASDAQ:MCEP)
www.investornewswire.com - September 22 at 10:51 AM
News IconPenny Stock Investors Keen on Shares of Mid-Con Energy Partners, LP (NASDAQ:MCEP) - Duncan Research (NASDAQ:MCEP)
www.duncanindependent.com - September 22 at 10:51 AM
News IconPenny Stock Investors Take an Interest in Mid-Con Energy Partners, LP (NASDAQ:MCEP) - Duncan Research (NASDAQ:MCEP)
www.duncanindependent.com - September 21 at 10:10 AM
News IconUnder the Microscope: Getting a Closer Look at Shares of Mid-Con Energy Partners, LP (NASDAQ:MCEP) - Duncan Research (NASDAQ:MCEP)
www.duncanindependent.com - September 20 at 11:11 AM
News IconKeen Investors Seek Information on Mid-Con Energy Partners, LP (NASDAQ:MCEP) - Duncan Research (NASDAQ:MCEP)
www.duncanindependent.com - September 16 at 5:52 PM
News IconStock Update, a Closer Look at Mid-Con Energy Partners, LP (NASDAQ:MCEP) - Duncan Research (NASDAQ:MCEP)
www.duncanindependent.com - September 15 at 4:03 PM
News IconSteering Attention Towards Earnings; Analysts Weigh in on Mid-Con Energy Partners, LP (NASDAQ:MCEP) Stock - Frisco Fastball (NASDAQ:MCEP)
friscofastball.com - September 14 at 6:11 PM
News IconKeen Investors Narrowing Their Focus on Mid-Con Energy Partners, LP (NASDAQ:MCEP) - Duncan Research (NASDAQ:MCEP)
www.duncanindependent.com - September 14 at 6:11 PM
News IconShares Higher in Today's Session: Mid-Con Energy Partners, LP (NASDAQ:MCEP) - Post News (NASDAQ:MCEP)
www.kentuckypostnews.com - September 9 at 10:48 AM
News IconPlacing Mid-Con Energy Partners, LP (NASDAQ:MCEP) Shares Under the Microscope - National Daily Press (NASDAQ:MCEP)
www.nationaldailypress.com - September 9 at 10:48 AM
News IconEnergy Giant Created In $127Bn Spectra Enbridge Merger (NASDAQ:MCEP)
larampadinapoli.com - September 8 at 9:56 AM
seekingalpha.com logoMid-Con Energy Partners Significantly Reduces Its Lease Operating Expense (NASDAQ:MCEP)
seekingalpha.com - September 1 at 9:10 AM
seekingalpha.com logoThe Prettiest Ugly Girl At The School Dance (NASDAQ:MCEP)
seekingalpha.com - August 31 at 10:57 AM
kcregister.com logoMid-Con Energy Partners, LP (NASDAQ:MCEP) plummeted -5.67%: B2Gold Corp. (NYSE:BTG), Employers Holdings ... - KC Register (NASDAQ:MCEP)
www.kcregister.com - August 29 at 5:59 PM
investornewswire.com logoMid-Con Energy Partners, LP (NASDAQ:MCEP) Gets 0 Recommendations To Sell - Investor Newswire (NASDAQ:MCEP)
www.investornewswire.com - August 24 at 5:55 PM
News IconWhat is the Consensus on Mid-Con Energy Partners, LP (NASDAQ:MCEP) Shares? - Post News (NASDAQ:MCEP)
www.kentuckypostnews.com - August 20 at 10:11 AM
fidaily.com logoInsiders Are Buying and Selling - Mid-Con Energy Partners, LP (NASDAQ:MCEP) - Finance Daily (NASDAQ:MCEP)
www.fidaily.com - August 18 at 6:10 PM
investornewswire.com logoWill Mid-Con Energy Partners, LP (NASDAQ:MCEP) Hit $2 Price Target? - Investor Newswire (NASDAQ:MCEP)
www.investornewswire.com - August 17 at 6:19 PM
seekingalpha.com logoWhy The Worst Is Behind Mid-Con Energy Partners (NASDAQ:MCEP)
seekingalpha.com - August 17 at 9:12 AM
News IconStatement of Beneficial Ownership (sc 13d) (NASDAQ:MCEP)
ih.advfn.com - August 16 at 9:25 AM
biz.yahoo.com logoMID-CON ENERGY PARTNERS, LP Files SEC form 8-K, Entry into a Material Definitive Agreement, Completion of Acquisition (NASDAQ:MCEP)
biz.yahoo.com - August 16 at 9:25 AM
forbes.com logoThursday Sector Leaders: Oil & Gas Exploration & Production, Textiles (NASDAQ:MCEP)
www.forbes.com - August 11 at 6:28 PM
publicnow.com logoMid-Con Energy Partners, LP Announces Closing of Permian Acquisition, Strategic Preferred Investment, and Conforming Borrowing Base (NASDAQ:MCEP)
www.publicnow.com - August 11 at 6:28 PM
seekingalpha.com logoWhy Shares Of Mid-Con Energy Partners Are Soaring (NASDAQ:MCEP)
seekingalpha.com - August 10 at 6:32 PM
News IconMid-Con Energy Partners LP (NASDAQ:MCEP) reported a loss in its second quarter. - Inside Trade (NASDAQ:MCEP)
insidetrade.co - August 9 at 6:20 PM
News IconMid-Con Energy Partners LP (NASDAQ: MCEP) Is Rasing $25 Million - Scibility Media (NASDAQ:MCEP)
scibilitymedia.com - August 8 at 6:17 PM
biz.yahoo.com logoMID-CON ENERGY PARTNERS, LP Files SEC form 10-Q, Quarterly Report (NASDAQ:MCEP)
biz.yahoo.com - August 4 at 9:12 AM
ftsenews.co.uk logoMid-Con Energy Partners, LP (NASDAQ:MCEP) Updated Price Targets - FTSE News (NASDAQ:MCEP)
www.ftsenews.co.uk - August 3 at 6:26 PM
seekingalpha.com logoMid-Con Energy Partners' (MCEP) CEO Jeff Olmstead on Q2 2016 Results - Earnings Call Transcript (NASDAQ:MCEP)
seekingalpha.com - August 3 at 9:25 AM
biz.yahoo.com logoMID-CON ENERGY PARTNERS, LP Files SEC form 8-K, Entry into a Material Definitive Agreement, Unregistered Sale of Equi (NASDAQ:MCEP)
biz.yahoo.com - August 3 at 9:25 AM
globenewswire.com logoMid-Con Energy Partners, LP Announces Strategic Preferred Equity Investment - GlobeNewswire (press release) (NASDAQ:MCEP)
globenewswire.com - August 2 at 6:25 PM
seekingalpha.com logoMid-Con Energy Partners 2016 Q2 - Results - Earnings Call Slides (NASDAQ:MCEP)
seekingalpha.com - August 2 at 10:56 AM
sg.finance.yahoo.com logoMid-Con reports 2Q loss (NASDAQ:MCEP)
sg.finance.yahoo.com - August 2 at 10:56 AM
publicnow.com logoMid-Con Energy Partners, LP Announces Second Quarter 2016 Operating and Financial Results (NASDAQ:MCEP)
www.publicnow.com - August 2 at 10:56 AM
biz.yahoo.com logoMID-CON ENERGY PARTNERS, LP Files SEC form 8-K, Regulation FD Disclosure (NASDAQ:MCEP)
biz.yahoo.com - August 2 at 10:56 AM
streetinsider.com logoMid-Con Energy Partners (MCEP) Announces $25M Preferred Equity Investment (NASDAQ:MCEP)
www.streetinsider.com - August 1 at 5:55 PM
streetinsider.com logoMid-Con Energy Partners (MCEP) Announces $25M Preferred Equity Investment - StreetInsider.com (NASDAQ:MCEP)
www.streetinsider.com - August 1 at 5:55 PM
News IconMid-Con Energy Lands Permian Basin Bolt-On For $19.5 Million (NASDAQ:MCEP)
www.oilandgasinvestor.com - August 1 at 10:47 AM
twst.com logoMidCon Energy Partners LP: Mid-Con Energy Partners, LP Announces Permian Bolt-On Acquisition and Conforming Borrowing Base (NASDAQ:MCEP)
www.twst.com - August 1 at 10:47 AM
publicnow.com logoMid-Con Energy Partners, LP Announces Permian Bolt-On Acquisition and Conforming Borrowing Base (NASDAQ:MCEP)
www.publicnow.com - August 1 at 9:11 AM
publicnow.com logoMid-Con Energy Partners, LP Announces Strategic Preferred Equity Investment (NASDAQ:MCEP)
www.publicnow.com - August 1 at 9:11 AM
investornewswire.com logoCan Shares Of Mid-Con Energy Partners, LP (NASDAQ:MCEP) Hit $2? - Investor Newswire (NASDAQ:MCEP)
www.investornewswire.com - July 28 at 6:17 PM
globenewswire.com logoMid-Con Energy Partners, LP Closes Hugoton Asset Divestiture - GlobeNewswire (press release) (NASDAQ:MCEP)
globenewswire.com - July 28 at 6:17 PM
publicnow.com logoMid-Con Energy Partners, LP Closes Hugoton Asset Divestiture (NASDAQ:MCEP)
www.publicnow.com - July 28 at 4:48 PM
4-traders.com logoMid Con Energy Partners : Schedules Second Quarter 2016 Earnings Release and Conference Call (NASDAQ:MCEP)
www.4-traders.com - July 26 at 9:13 AM
finance.yahoo.com logoMid-Con Energy Partners, LP Schedules Second Quarter 2016 Earnings Release and Conference Call (NASDAQ:MCEP)
in.finance.yahoo.com - July 26 at 9:13 AM
News IconEarnings Focus and Crowd Sourced Sentiment Review for Mid-Con Energy Partners, LP (NASDAQ:MCEP) - TGP (NASDAQ:MCEP)
telanaganapress.com - July 22 at 6:00 PM

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Mid-Con Energy Partners LP (NASDAQ:MCEP) Chart for Thursday, September, 29, 2016


Last Updated on 9/29/2016 by MarketBeat.com Staff