Mid-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: Oil & Gas Exploration and Production - NEC
- Sub-Industry: N/A
- Symbol: NASDAQ:MCEP
- CUSIP: N/A
- Web: www.midconenergypartners.com
Average Prices:- 52 Week Range: $1.17 - $3.37
P/E:- Trailing P/E Ratio: N/A
- P/E Growth: 0.00
Profitability:- Net Margins: -29.26%
- Return on Equity: -2.20%
- Return on Assets: -0.89%
Debt:- Debt-to-Equity Ratio: 1.04%
- Current Ratio: 1.44%
- Quick Ratio: 1.44%
Misc:- Average Volume: 84,865 shs.
- Beta: 1.52
Frequently Asked Questions for Mid-Con Energy Partners, LP (NASDAQ:MCEP)
What is Mid-Con Energy Partners, LP's stock symbol?
Mid-Con Energy Partners, LP trades on the NASDAQ under the ticker symbol "MCEP."
How were Mid-Con Energy Partners, LP's earnings last quarter?
Mid-Con Energy Partners, LP (NASDAQ:MCEP) announced its earnings results on Monday, May, 1st. The company reported $0.11 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.02 by $0.09. The company earned $18.48 million during the quarter. Mid-Con Energy Partners, LP had a negative net margin of 29.26% and a negative return on equity of 2.20%. Mid-Con Energy Partners, LP's revenue was up 33.6% on a year-over-year basis. During the same quarter last year, the business earned ($0.11) earnings per share. View Mid-Con Energy Partners, LP's Earnings History.
When will Mid-Con Energy Partners, LP make its next earnings announcement?
Who are some of Mid-Con Energy Partners, LP's key competitors?
Some companies that are related to Mid-Con Energy Partners, LP include SandRidge Mississippian Trust II (SDR), Northern Oil & Gas (NOG), Serica Energy Plc (SQZ), MV Oil Trust (MVO), Pacific Coast Oil Trust (ROYT), President Energy PLC (PPC), Victoria Oil & Gas plc (VOG), Vaalco Energy (EGY), TransAtlantic Petroleum Ltd (TAT), Petroquest Energy (PQ), The Parkmead Group plc (PMG), SandRidge Mississippian Trust I (SDT), ECA Marcellus Trust I (ECT), Chariot Oil & Gas Limited (CHAR), Houston American Energy (HUSA), Sterling Energy plc (SEY), Trinity Exploration & Production PLC (TRIN) and EXCO Resources NL (XCO).
Who are Mid-Con Energy Partners, LP's key executives?
Mid-Con Energy Partners, LP's management team includes the folowing people:
- Charles R. Olmstead, Executive Chairman of the Board of the General Partner
- Jeffrey R. Olmstead, President, Chief Executive Officer, Director of the General Partner
- Matthew R. Lewis, Chief Financial Officer, Vice President of the General Partner
- Sherry L Morgan, Chief Accounting Officer
- Charles L. McLawhorn III, Vice President, General Counsel and Corporate Secretary of the General Partner
- Peter III Adamson III, Director of the General Partner
- John Wat Brown, Director
- Wilkie S. Colyer Jr., Director
- Peter A. Leidel, Director of the General Partner
- Cameron O. Smith, Director of the General Partner
How do I buy Mid-Con Energy Partners, LP stock?
Shares of Mid-Con Energy Partners, LP can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Mid-Con Energy Partners, LP's stock price today?
One share of Mid-Con Energy Partners, LP stock can currently be purchased for approximately $1.31.
MarketBeat Community Rating for Mid-Con Energy Partners, LP (NASDAQ MCEP)MarketBeat's community ratings are surveys of what our community members think about Mid-Con Energy Partners, LP and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Mid-Con Energy Partners, LP (NASDAQ:MCEP) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | No ratings tracked in the last 12 months. |
| Consensus Rating: | N/A (Score: NaN) |
| Consensus Price Target: | N/A |
Analysts' Ratings History for Mid-Con Energy Partners, LP (NASDAQ:MCEP)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 5/3/2016 | FBR & Co | Reiterated Rating | Hold | | N/A |  |
| 2/18/2016 | Wells Fargo & Company | Downgrade | Market Perform -> Underperform | | N/A | |
| 10/23/2015 | Ladenburg Thalmann Financial Services | Downgrade | Buy -> Neutral | | N/A | |
| 9/22/2015 | Wunderlich | Lower Price Target | Hold | $4.00 -> $3.00 | N/A | |
| 8/5/2015 | Oppenheimer Holdings, Inc. | Reiterated Rating | Hold | | N/A | |
| 8/5/2015 | Raymond James Financial, Inc. | Downgrade | Market Perform -> Underperform | | N/A | |
| 8/4/2015 | Royal Bank Of Canada | Lower Price Target | Sector Perform | $8.00 -> $4.00 | N/A | |
(Data available from 7/20/2015 forward)
Earnings History for Mid-Con Energy Partners, LP (NASDAQ:MCEP)Earnings History by Quarter for Mid-Con Energy Partners, LP (NASDAQ MCEP)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 7/31/2017 | | | | | | | | |
| 5/1/2017 | Q1 2017 | $0.02 | $0.11 | | $18.48 million | View | Listen | |
| 2/28/2017 | Q4 2016 | $0.03 | ($0.14) | | $11.40 million | View | N/A | |
| 10/31/2016 | Q3 | ($0.04) | ($0.09) | $18.60 million | $13.97 million | View | N/A | |
| 5/2/2016 | Q1 | $0.10 | ($0.11) | $23.43 million | $13.84 million | View | N/A | |
| 2/29/2016 | Q4 | $0.22 | ($1.93) | $29.92 million | $26.06 million | View | Listen | |
| 8/3/2015 | Q215 | $0.02 | ($0.26) | $23.22 million | $12.74 million | View | N/A | |
| 5/4/2015 | Q115 | ($0.02) | ($0.14) | $22.90 million | $19.22 million | View | N/A | |
| 3/10/2015 | | $0.28 | $0.19 | | | View | N/A | |
| 8/4/2014 | Q214 | $0.44 | $0.18 | $23.34 million | $22.26 million | View | N/A | |
| 5/5/2014 | Q114 | $0.34 | $0.08 | $21.49 million | $21.80 million | View | N/A | |
| 3/4/2014 | Q413 | $0.52 | $0.47 | $22.02 million | $22.04 million | View | N/A | |
| 11/5/2013 | Q313 | $0.54 | $0.22 | $23.81 million | $22.98 million | View | N/A | |
| 8/6/2013 | Q2 2013 | $0.56 | $0.54 | $22.18 million | $22.80 million | View | N/A | |
| 5/7/2013 | Q1 2013 | $0.44 | $0.21 | $19.97 million | $19.05 million | View | N/A | |
| 11/6/2012 | Q312 | $0.45 | ($0.06) | $16.39 million | $15.05 million | View | N/A | |
| 8/7/2012 | | $0.46 | $1.24 | | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Mid-Con Energy Partners, LP (NASDAQ:MCEP)2017 EPS Consensus Estimate: ($0.11)
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 1 | ($0.03) | ($0.03) | ($0.03) |
| Q2 2017 | 1 | ($0.03) | ($0.03) | ($0.03) |
| Q3 2017 | 1 | ($0.03) | ($0.03) | ($0.03) |
| Q4 2017 | 1 | ($0.02) | ($0.02) | ($0.02) |
(Data provided by Zacks Investment Research)
Dividend History by Quarter for Mid-Con Energy Partners, LP (NASDAQ MCEP)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 7/24/2015 | quarterly | $0.13 | 15.58% | 8/4/2015 | 8/6/2015 | 8/13/2015 |
| 4/21/2015 | quarterly | $0.13 | 8.31% | 5/5/2015 | 5/7/2015 | 5/14/2015 |
| 1/27/2015 | quarterly | $0.13 | 8.96% | 2/4/2015 | 2/6/2015 | 2/13/2015 |
| 10/23/2014 | quarterly | $0.52 | 11.21% | 10/30/2014 | 11/3/2014 | 11/14/2014 |
| 7/24/2014 | quarterly | $0.52 | 8.58% | 7/31/2014 | 8/4/2014 | 8/11/2014 |
| 4/25/2014 | quarterly | $0.52 | 8.98% | 5/6/2014 | 5/8/2014 | 5/15/2014 |
| 1/23/2014 | quarterly | $0.52 | 9.07% | 2/5/2014 | 2/7/2014 | 2/14/2014 |
| 10/24/2013 | quarterly | $0.52 | 7.86% | 11/5/2013 | 11/7/2013 | 11/14/2013 |
| 7/25/2013 | quarterly | $0.52 | 8.36% | 8/5/2013 | 8/7/2013 | 8/14/2013 |
| 4/23/2013 | quarterly | $0.51 | 8.64% | 5/3/2013 | 5/7/2013 | 5/14/2013 |
| 1/24/2013 | quarterly | $0.50 | 9.09% | 2/5/2013 | 2/7/2013 | 2/14/2013 |
(Data available from 1/1/2013 forward)
Insider Trading and Institutional Ownership History for Mid-Con Energy Partners, LP (NASDAQ:MCEP)Insider Ownership Percentage: 7.30%
Institutional Ownership Percentage: 10.15%
Insider Trades by Quarter for Mid-Con Energy Partners, LP (NASDAQ:MCEP)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 8/17/2016 | C Fred Ball Jr | Director | Buy | 40,000 | $2.54 | $101,600.00 | |
| 6/15/2016 | Michael David Peterson | CFO | Sell | 26,250 | $2.02 | $53,025.00 | |
| 3/3/2016 | Cameron O Smith | Director | Buy | 5,000 | $1.11 | $5,550.00 | |
| 12/15/2015 | C Fred Ball Jr | Director | Buy | 15,000 | $1.15 | $17,250.00 | |
| 12/15/2015 | Michael David Peterson | CFO | Buy | 10,000 | $1.15 | $11,500.00 | |
| 9/15/2015 | Robert W Berry | Director | Buy | 10,000 | $2.45 | $24,500.00 | |
| 9/14/2015 | Robert W Berry | Director | Buy | 10,000 | $2.37 | $23,700.00 | |
| 9/10/2015 | Robert W Berry | Director | Buy | 7,541 | $2.72 | $20,511.52 | |
| 8/31/2015 | Bradley Cox | EVP | Buy | 10,000 | $2.84 | $28,400.00 | |
| 6/15/2015 | C Fred Ball Jr | Director | Sell | 1,600 | $5.41 | $8,656.00 | |
| 6/10/2015 | Cameron O Smith | Director | Sell | 4,650 | $5.63 | $26,179.50 | |
| 3/13/2015 | C Fred Ball Jr | Director | Sell | 5,000 | $5.58 | $27,900.00 | |
| 3/12/2015 | Robert W Berry | Director | Buy | 10,000 | $5.66 | $56,600.00 | |
| 12/15/2014 | Peter Adamson III | Director | Buy | 10,000 | $5.95 | $59,500.00 | |
| 12/12/2014 | Robert W Berry | Director | Buy | 10,000 | $6.44 | $64,400.00 | |
| 12/11/2014 | Robert W Berry | Director | Buy | 10,000 | $6.69 | $66,900.00 | |
| 11/28/2014 | Peter Adamson III | Director | Buy | 23,000 | $13.43 | $308,890.00 | |
| 11/26/2014 | Robert W Berry | Director | Buy | 10,000 | $14.15 | $141,500.00 | |
| 11/25/2014 | Robert W Berry | Director | Buy | 2,000 | $14.44 | $28,880.00 | |
| 11/20/2014 | Peter Adamson III | Director | Buy | 1,000 | $14.85 | $14,850.00 | |
| 11/19/2014 | Robert W Berry | Director | Buy | 6,000 | $15.00 | $90,000.00 | |
| 11/18/2014 | Robert W Berry | Director | Buy | 6,000 | $15.30 | $91,800.00 | |
| 11/14/2014 | Robert W Berry | Director | Buy | 5,000 | $16.26 | $81,300.00 | |
| 11/12/2014 | Robert W Berry | Director | Buy | 4,000 | $16.50 | $66,000.00 | |
| 9/15/2014 | Robert W Berry | Director | Buy | 2,000 | $21.64 | $43,280.00 | |
| 9/11/2014 | Robert W Berry | Director | Buy | 3,000 | $21.77 | $65,310.00 | |
| 9/8/2014 | Robert W Berry | Director | Buy | 1,000 | $21.80 | $21,800.00 | |
| 9/2/2014 | Cameron O Smith | Director | Sell | 1,100 | $22.73 | $25,003.00 | |
| 8/26/2014 | Cameron O Smith | Director | Sell | 1,100 | $22.49 | $24,739.00 | |
| 8/18/2014 | Robert W Berry | Director | Buy | 1,308 | $21.90 | $28,645.20 | |
| 8/14/2014 | Robert W Berry | Director | Buy | 1,000 | $21.95 | $21,950.00 | |
| 8/12/2014 | S Craig George | Director | Sell | 20,000 | $22.41 | $448,200.00 | |
| 6/13/2014 | C Fred Ball Jr | Director | Buy | 1,000 | $21.88 | $21,880.00 | |
| 6/9/2014 | Cameron O Smith | Director | Sell | 3,450 | $21.35 | $73,657.50 | |
| 5/30/2014 | Cameron O Smith | Director | Sell | 4,400 | $22.26 | $97,944.00 | |
| 5/23/2014 | Cameron O Smith | Director | Sell | 1,750 | $22.58 | $39,515.00 | |
| 3/14/2014 | Robert Berry | Director | Buy | 4,282 | $21.95 | $93,989.90 | |
| 12/12/2013 | David Culbertson | CAO | Sell | 2,500 | $21.62 | $54,050.00 | |
| 12/11/2013 | Robert Berry | Director | Buy | 3,000 | $21.98 | $65,940.00 | |
| 9/11/2013 | Cameron Smith | Director | Buy | 1,760 | $23.50 | $41,360.00 | |
| 9/9/2013 | Cameron O Smith | Director | Buy | 8,268 | $23.12 | $191,156.16 | |
| 9/6/2013 | Cameron O Smith | Director | Buy | 7,232 | $23.11 | $167,131.52 | |
| 8/16/2013 | Robert Berry | Director | Buy | 2,000 | $21.85 | $43,700.00 | |
| 8/15/2013 | David Culbertson | CAO | Sell | 5,000 | $22.13 | $110,650.00 | |
| 12/4/2012 | Cameron O Smith | Director | Sell | 6,920 | $20.68 | $143,105.60 | |
| 11/15/2012 | Robert W Berry | Director | Buy | 3,859 | $18.11 | $69,886.49 | |
| 9/6/2012 | Peter Adamson III | Director | Buy | 5,000 | $22.10 | $110,500.00 | |
| 8/15/2012 | Peter Adamson III | Director | Buy | 5,000 | $22.40 | $112,000.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for Mid-Con Energy Partners, LP (NASDAQ:MCEP)
Latest Headlines for Mid-Con Energy Partners, LP (NASDAQ:MCEP)
| Source: |
|
| Date | Headline |
|---|
 | Mid-Con Energy Partners: A High-Risk, High-Reward Energy Name
seekingalpha.com - June 27 at 11:37 PM |
 | Mid-Con Energy Partners LP (MCEP) Short Interest Update
www.americanbankingnews.com - June 11 at 12:46 PM |
| Mid-Con Energy Partners: Gradually Building Value
seekingalpha.com - June 1 at 7:17 PM |
| Mid-Con Energy: The Good And The Bad
seekingalpha.com - May 27 at 6:49 PM |
 | Mid-Con Energy Partners, LP Announces Reaffirmation of $140 Million Borrowing Base - GlobeNewswire (press release)
globenewswire.com - May 26 at 7:17 PM |
 | BRIEF-Mid-Con Energy Partners announces reaffirmation of $140 mln borrowing base
www.reuters.com - May 26 at 3:46 AM |
 | Mid-Con Energy Partners, LP Announces Reaffirmation of $140 Million Borrowing Base
finance.yahoo.com - May 26 at 3:46 AM |
| Mid-Con Energy Partners: OPEC Supply Cut Extension Should Alleviate Borrowing Base Uncertainty
seekingalpha.com - May 23 at 5:59 PM |
| Mid-Con Energy Partners: Important Updates
seekingalpha.com - May 4 at 11:44 AM |
| Mid-Con Energy Partners LP :MCEP-US: Earnings Analysis: Q1, 2017 By the Numbers : May 3, 2017
finance.yahoo.com - May 3 at 5:32 PM |
| BRIEF-Mid-Con Energy Partners LP Q1 earnings per share $0.11
www.reuters.com - May 2 at 7:29 PM |
| Investor Network: Mid-Con Energy Partners, LP to Host Earnings Call
finance.yahoo.com - May 2 at 7:29 PM |
| Mid-Con Energy Partners (MCEP) Getting Favorable Media Coverage, Study Shows
www.americanbankingnews.com - May 2 at 6:14 PM |
| Mid-Con Energy Partners LP (MCEP) Issues Earnings Results, Beats Estimates By $0.09 EPS
www.americanbankingnews.com - May 2 at 11:54 AM |
| Mid-Con Energy Partners, LP Announces First Quarter 2017 Operating and Financial Results
finance.yahoo.com - May 1 at 5:28 PM |
| Mid-Con posts 1Q profit
finance.yahoo.com - May 1 at 5:28 PM |
| Positive Press Coverage Likely to Affect Mid-Con Energy Partners (MCEP) Stock Price
www.americanbankingnews.com - April 27 at 5:28 PM |
 | Mid-Con Energy Partners (MCEP) Names John Brown to the Board of Directors - StreetInsider.com
www.streetinsider.com - April 27 at 9:32 AM |
| Mid-Con Energy Partners (MCEP) Names John Brown to the Board of Directors
www.streetinsider.com - April 26 at 6:51 PM |
| Mid-Con Energy Partners, LP Announces Quarterly Distribution on Preferred Units and Appointment to the Board of Directors
finance.yahoo.com - April 26 at 6:51 PM |
| Mid-Con Energy Partners, LP Schedules First Quarter 2017 Earnings Release and Conference Call - Yahoo Finance
finance.yahoo.com - April 20 at 6:30 PM |
| Mid-Con Energy Partners, LP Schedules First Quarter 2017 Earnings Release and Conference Call
finance.yahoo.com - April 18 at 10:32 AM |
| Mid-Con Energy Partners (MCEP) Given News Sentiment Score of 0.30
www.americanbankingnews.com - April 15 at 4:51 PM |
| Mid-Con Energy - Just Get Through 2017
seekingalpha.com - April 13 at 6:10 PM |
 | Mid-Con Energy Partners MCEP
www.fool.com - March 30 at 11:49 PM |
| Mid-Con Energy Partners: What Happens With $50 Oil
seekingalpha.com - March 28 at 6:02 PM |
| Mid-Con Energy Partners - Disappointing News
seekingalpha.com - March 5 at 10:19 AM |
| MID-CON ENERGY PARTNERS, LP Financials
finance.yahoo.com - March 4 at 6:35 PM |
| Mid-Con Energy Partners (MCEP) Presents At EnerCom Dallas Investment Conference
seekingalpha.com - March 3 at 6:26 PM |
| Mid-Con Energy Partners' (MCEP) CEO Jeffrey Olmstead on Q4 2016 Results - Earnings Call Transcript
seekingalpha.com - March 1 at 6:27 PM |
| BRIEF-Mid-Con Energy Partners reports Q4 net loss per unit $0.14
www.reuters.com - March 1 at 11:01 AM |
| MID-CON ENERGY PARTNERS, LP Files SEC form 8-K, Results of Operations and Financial Condition, Regulation FD Disclosu
us.rd.yahoo.com - March 1 at 11:01 AM |
| Mid-Con Energy Partners, LP Announces Fourth Quarter and Full Year 2016 Financial and Operating Results, 2016 Year End Proved Reserves, and 2017 Guidance
finance.yahoo.com - February 28 at 6:33 PM |
| 4:20 pm Mid-Con Energy Partners reports Q4 loss of $0.14 vs single analyst est of $0.03 on revs which declined about 56% y/y to $11.4 mln
finance.yahoo.com - February 28 at 6:33 PM |
| MID-CON ENERGY PARTNERS, LP Files SEC form 10-K, Annual Report
biz.yahoo.com - February 28 at 6:33 PM |
| Q4 2016 Mid-Con Energy Partners LP Earnings Release - After Market Close
biz.yahoo.com - February 28 at 10:00 AM |
| MID-CON ENERGY PARTNERS, LP Files SEC form 8-K, Regulation FD Disclosure
biz.yahoo.com - February 16 at 6:01 PM |
| Mid-Con Energy Partners, LP Schedules Fourth Quarter 2016 Earnings Release and Conference Call and Announces Participation in the EnerCom Dallas Conference
finance.yahoo.com - February 14 at 7:59 PM |
| Mid-Con Energy Partners, LP Announces Changes to Board of Directors - GlobeNewswire (press release)
globenewswire.com - January 25 at 7:51 PM |
| Mid-Con Energy Partners, LP Announces Changes to Board of Directors
finance.yahoo.com - January 25 at 7:51 PM |
| Mid-Con Energy Partners, LP Announces Quarterly Distribution on Preferred Units
finance.yahoo.com - January 25 at 7:51 PM |
| MID-CON ENERGY PARTNERS, LP Files SEC form 8-K, Change in Directors or Principal Officers, Amendments to Articles of
biz.yahoo.com - January 25 at 7:51 PM |
Mid-Con Energy Partners, LP (MCEP) Chart for Thursday, July, 20, 2017
