Mid-Con Energy Partners, LP engages in the ownership, acquisition, and development of producing oil and natural gas properties in North America. The company's properties are primarily located in the Mid-Continent and Permian Basin regions of the United States in Oklahoma and Texas. As of December 31, 2017, its total estimated proved reserves of approximately 19.6 million barrel of oil equivalent. Mid-Con Energy GP, LLC serves as the general partner of Mid-Con Energy Partners, LP. The company was founded in 2011 and is headquartered in Tulsa, Oklahoma.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Crude petroleum & natural gas
Sub-IndustryN/A
SectorOils/Energy
SymbolNASDAQ:MCEP
CUSIPN/A
Phone918-743-7575
Debt
Debt-to-Equity Ratio1.37
Current Ratio0.53
Quick Ratio0.53
Price-To-Earnings
Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual Sales$56.98 million
Price / Sales0.80
Cash FlowN/A
Price / CashN/A
Book Value$2.71 per share
Price / Book0.55
Profitability
EPS (Most Recent Fiscal Year)N/A
Net Income$-27,330,000.00
Net Margins-84.52%
Return on Equity-31.42%
Return on Assets-10.52%
Miscellaneous
Employees70
Outstanding Shares30,310,000
Market Cap$46.67 million
Mid-Con Energy Partners (NASDAQ:MCEP) Frequently Asked Questions
What is Mid-Con Energy Partners' stock symbol?
Mid-Con Energy Partners trades on the NASDAQ under the ticker symbol "MCEP."
How often does Mid-Con Energy Partners pay dividends? What is the dividend yield for Mid-Con Energy Partners?
Mid-Con Energy Partners declared a quarterly dividend on Monday, April 30th. Shareholders of record on Monday, May 7th will be given a dividend of $0.043 per share on Tuesday, May 15th. This represents a $0.17 dividend on an annualized basis and a dividend yield of 11.47%. The ex-dividend date is Friday, May 4th. View Mid-Con Energy Partners' Dividend History.
How were Mid-Con Energy Partners' earnings last quarter?
Mid-Con Energy Partners LP (NASDAQ:MCEP) released its quarterly earnings data on Wednesday, May, 2nd. The oil and gas producer reported ($0.09) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.05 by $0.14. The oil and gas producer had revenue of $11.33 million for the quarter. Mid-Con Energy Partners had a negative return on equity of 31.42% and a negative net margin of 84.52%. View Mid-Con Energy Partners' Earnings History.
When is Mid-Con Energy Partners' next earnings date?
What price target have analysts set for MCEP?
1 analysts have issued twelve-month target prices for Mid-Con Energy Partners' stock. Their forecasts range from $0.90 to $0.90. On average, they expect Mid-Con Energy Partners' share price to reach $0.90 in the next year. This suggests that the stock has a possible downside of 40.0%. View Analyst Price Targets for Mid-Con Energy Partners.
What is the consensus analysts' recommendation for Mid-Con Energy Partners?
1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Mid-Con Energy Partners in the last year. There are currently 1 sell rating for the stock, resulting in a consensus recommendation of "Sell." View Analyst Ratings for Mid-Con Energy Partners.
Who are some of Mid-Con Energy Partners' key competitors?
Some companies that are related to Mid-Con Energy Partners include VAALCO Energy (EGY), PrimeEnergy (PNRG), Comstock Resources (CRK), SandRidge Permian Trust (PER), MV Oil Trust (MVO), Enduro Royalty Trust (NDRO), VOC Energy Trust (VOC), Pacific Coast Oil Trust (ROYT), GulfSlope Energy (GSPE), Torchlight Energy Resources (TRCH), InPlay Oil (IPOOF), Chesapeake Granite Wash Trust (CHKR), Carbon Natural Gas Company Common Stock (CRBO), SandRidge Mississippian Trust II (SDR) and Sundance Energy Australia (SDCJF).
Who are Mid-Con Energy Partners' key executives?
Mid-Con Energy Partners' management team includes the folowing people:
- Mr. Charles R. Olmstead, Exec. Chairman of Mid-Con Energy GP LLC (Age 70)
- Mr. Jeffrey R. Olmstead, CEO, Pres & Director of Mid-on Energy GP LLC (Age 42)
- Mr. Charles L. McLawhorn III, VP, Gen. Counsel & Corp. Sec. - Mid-Con Energy GP LLC (Age 41)
- Ms. Sherry L. Morgan, Chief Accounting Officer of Mid-Con Energy GP LLC (Age 50)
Has Mid-Con Energy Partners been receiving favorable news coverage?
Media headlines about MCEP stock have been trending somewhat positive this week, according to Accern. The research firm rates the sentiment of press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Mid-Con Energy Partners earned a daily sentiment score of 0.18 on Accern's scale. They also assigned media headlines about the oil and gas producer an impact score of 47.08 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the near term. View Recent Headlines for Mid-Con Energy Partners.
How do I buy shares of Mid-Con Energy Partners?
Shares of MCEP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Mid-Con Energy Partners' stock price today?
One share of MCEP stock can currently be purchased for approximately $1.50.
How big of a company is Mid-Con Energy Partners?
Mid-Con Energy Partners has a market capitalization of $46.67 million and generates $56.98 million in revenue each year. Mid-Con Energy Partners employs 70 workers across the globe.
How can I contact Mid-Con Energy Partners?
Mid-Con Energy Partners' mailing address is 2431 EAST 61ST STREET SUITE 850, TULSA OK, 74136. The oil and gas producer can be reached via phone at 918-743-7575 or via email at [email protected]
MarketBeat Community Rating for Mid-Con Energy Partners (NASDAQ MCEP)
MarketBeat's community ratings are surveys of what our community members think about Mid-Con Energy Partners and other stocks. Vote "Outperform" if you believe MCEP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MCEP will underperform the S&P 500 over the long term. You may vote once every thirty days.
