CNX Midstream Partners LP owns, operates, develops, and acquires natural gas gathering and other midstream energy assets in the Marcellus Shale and Utica Shale in Pennsylvania and West Virginia. As of December 31, 2017, the company operates 18 compression and dehydration facilities. It also operates condensate handling facilities with handling capacities of 2,500 Bbl/d each in Majorsville, Pennsylvania, as well as Moundsville, West Virginia that provide condensate gathering, collection, separation, and stabilization services. CNX Midstream GP LLC serves as a general partner of the company. The company was formerly known as CONE Midstream Partners LP and changed its name to CNX Midstream Partners LP in January 2018. CNX Midstream Partners LP was founded in 2014 and is based in Canonsburg, Pennsylvania.
Industry, Sector and Symbol
Industry Natural gas transmission
Sub-IndustryN/A
SectorOils/Energy
Phone724-485-4000
Debt
Current Ratio0.45
Quick Ratio0.45
Price-To-Earnings
Sales & Book Value
Annual Sales$233.85 million
Price / Sales4.78
Price / Cash Flow7.96
Price / Book1.49
Profitability
Net Income$114.99 million
Net Margins47.87%
Return on Assets13.33%
Miscellaneous
Employees100
OptionableOptionable
CNX Midstream Partners (NYSE:CNXM) Frequently Asked Questions
What is CNX Midstream Partners' stock symbol?
CNX Midstream Partners trades on the New York Stock Exchange (NYSE) under the ticker symbol "CNXM."
How often does CNX Midstream Partners pay dividends? What is the dividend yield for CNX Midstream Partners?
CNX Midstream Partners announced a quarterly dividend on Friday, October 19th. Stockholders of record on Monday, November 5th will be paid a dividend of $0.3479 per share on Tuesday, November 13th. This represents a $1.39 dividend on an annualized basis and a dividend yield of 7.87%. The ex-dividend date of this dividend is Friday, November 2nd. This is a positive change from CNX Midstream Partners's previous quarterly dividend of $0.34. View CNX Midstream Partners' Dividend History.
How were CNX Midstream Partners' earnings last quarter?
CNX Midstream Partners LP (NYSE:CNXM) posted its quarterly earnings results on Tuesday, October, 30th. The pipeline company reported $0.47 EPS for the quarter, beating analysts' consensus estimates of $0.43 by $0.04. The pipeline company had revenue of $60.97 million for the quarter, compared to analyst estimates of $64.72 million. CNX Midstream Partners had a return on equity of 23.69% and a net margin of 47.87%. The business's revenue for the quarter was up 7.6% on a year-over-year basis. During the same quarter last year, the business earned $0.43 earnings per share. View CNX Midstream Partners' Earnings History.
When is CNX Midstream Partners' next earnings date?
What price target have analysts set for CNXM?
7 Wall Street analysts have issued 12-month target prices for CNX Midstream Partners' stock. Their predictions range from $24.00 to $26.00. On average, they anticipate CNX Midstream Partners' share price to reach $24.2857 in the next year. This suggests a possible upside of 37.4% from the stock's current price. View Analyst Price Targets for CNX Midstream Partners.
What is the consensus analysts' recommendation for CNX Midstream Partners?
7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CNX Midstream Partners in the last year. There are currently 1 hold rating and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for CNX Midstream Partners.
Has CNX Midstream Partners been receiving favorable news coverage?
News articles about CNXM stock have been trending positive recently, according to InfoTrie. The research firm rates the sentiment of press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. CNX Midstream Partners earned a media sentiment score of 2.8 on InfoTrie's scale. They also assigned press coverage about the pipeline company a news buzz of 7.0 out of 10, indicating that recent press coverage is likely to have an impact on the stock's share price in the next few days.
Who are some of CNX Midstream Partners' key competitors?
Some companies that are related to CNX Midstream Partners include EnLink Midstream Partners (ENLK), Antero Midstream Partners (AM), Transportadora de Gas del Sur (TGS), Antero Midstream GP (AMGP), TC Pipelines (TCP), Dominion Energy Midstream Partners (DM), EnLink Midstream (ENLC), USA Compression Partners (USAC), Archrock (AROC), Summit Midstream Partners (SMLP), American Midstream Partners (AMID), Southcross Energy Partners (SXE), Archrock Partners (APLP), Boardwalk Pipeline Partners (BWP) and Energy Transfer Equity LP Unit (ETE).
Who are CNX Midstream Partners' key executives?
CNX Midstream Partners' management team includes the folowing people:
- Mr. Nicholas J. DeIuliis, Chairman & CEO of CNX Midstream GP LLC (Age 50)
- Mr. Chad A. Griffith, Pres of CNX Midstream GP LLC (Age 42)
- Mr. Donald W. Rush, CFO & Director of CNX Midstream GP LLC (Age 36)
- Mr. Timothy C. Dugan, COO & Director of CNX Midstream GP LLC (Age 57)
- Mr. Brian R. Rich, Chief Accounting Officer of CONE Midstream GP LLC (Age 42)
Who are CNX Midstream Partners' major shareholders?
CNX Midstream Partners' stock is owned by a variety of of institutional and retail investors. Top institutional investors include Spirit of America Management Corp NY (1.21%) and Chicago Partners Investment Group LLC (0.05%). Company insiders that own CNX Midstream Partners stock include Brian Robert Rich and Nbl Midstream, Llc. View Institutional Ownership Trends for CNX Midstream Partners.
Which institutional investors are selling CNX Midstream Partners stock?
Which institutional investors are buying CNX Midstream Partners stock?
How do I buy shares of CNX Midstream Partners?
Shares of CNXM 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 CNX Midstream Partners' stock price today?
One share of CNXM stock can currently be purchased for approximately $17.68.
How big of a company is CNX Midstream Partners?
CNX Midstream Partners has a market capitalization of $1.10 billion and generates $233.85 million in revenue each year. The pipeline company earns $114.99 million in net income (profit) each year or $1.72 on an earnings per share basis. CNX Midstream Partners employs 100 workers across the globe.
What is CNX Midstream Partners' official website?
How can I contact CNX Midstream Partners?
CNX Midstream Partners' mailing address is 1000 CONSOL Energy Drive, CANONSBURG PA, 15317. The pipeline company can be reached via phone at 724-485-4000 or via email at [email protected]
MarketBeat Community Rating for CNX Midstream Partners (NYSE CNXM)
MarketBeat's community ratings are surveys of what our community members think about CNX Midstream Partners and other stocks. Vote "Outperform" if you believe CNXM will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CNXM will underperform the S&P 500 over the long term. You may vote once every thirty days.
