NYSE:CNXM - CNX Midstream Partners Stock Price, News, & Analysis

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$14.86 -0.04 (-0.27 %)
(As of 05/22/2019 06:43 AM ET)
Previous Close$14.90
Today's Range$14.80 - $15.15
52-Week Range$13.86 - $21.00
Volume233,633 shs
Average Volume316,244 shs
Market Capitalization$947.04 million
P/E Ratio7.86
Dividend Yield10.00%
Beta1.28
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. The company operates through two segments, Anchor Systems and Additional Systems. As of December 31, 2018, the company operated 14 compression and dehydration facilities. It also operates condensate handling facilities with handling capacities of 2,500 barrels per day in Majorsville, Pennsylvania, as well as Shirley, 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.

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Industry, Sector and Symbol

Industry Natural gas transmission
Sub-IndustryN/A
SectorOils/Energy
CUSIPN/A
Phone724-485-4000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$256.67 million
Cash Flow$2.4725 per share
Book Value$6.39 per share

Profitability

Net Income$134.04 million

Miscellaneous

EmployeesN/A
Market Cap$947.04 million
Next Earnings Date8/1/2019 (Estimated)
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 declared a quarterly dividend on Thursday, April 18th. Investors of record on Monday, May 6th will be given a dividend of $0.3732 per share on Tuesday, May 14th. This represents a $1.49 dividend on an annualized basis and a yield of 10.05%. The ex-dividend date of this dividend is Friday, May 3rd. This is a positive change from CNX Midstream Partners's previous quarterly dividend of $0.36. View CNX Midstream Partners' Dividend History.

How were CNX Midstream Partners' earnings last quarter?

CNX Midstream Partners LP (NYSE:CNXM) issued its quarterly earnings data on Tuesday, April, 30th. The pipeline company reported $0.47 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.50 by $0.03. The pipeline company had revenue of $72.22 million for the quarter, compared to analyst estimates of $68.55 million. CNX Midstream Partners had a return on equity of 36.16% and a net margin of 53.32%. The business's revenue was up 13.1% compared to the same quarter last year. During the same period in the prior year, the company earned $0.40 earnings per share. View CNX Midstream Partners' Earnings History.

When is CNX Midstream Partners' next earnings date?

CNX Midstream Partners is scheduled to release their next quarterly earnings announcement on Thursday, August 1st 2019. View Earnings Estimates for CNX Midstream Partners.

What price target have analysts set for CNXM?

5 brokerages have issued twelve-month price targets for CNX Midstream Partners' stock. Their forecasts range from $18.00 to $24.00. On average, they anticipate CNX Midstream Partners' stock price to reach $22.00 in the next twelve months. This suggests a possible upside of 48.0% from the stock's current price. View Analyst Price Targets for CNX Midstream Partners.

What is the consensus analysts' recommendation for CNX Midstream Partners?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CNX Midstream Partners in the last year. There are currently 4 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for CNX Midstream Partners.

Has CNX Midstream Partners been receiving favorable news coverage?

Media stories about CNXM stock have trended somewhat negative recently, InfoTrie reports. The research group rates the sentiment of news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. CNX Midstream Partners earned a media sentiment score of -1.0 on InfoTrie's scale. They also assigned media headlines about the pipeline company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the stock's share price in the near future.

Who are some of CNX Midstream Partners' key competitors?

What other stocks do shareholders of CNX Midstream Partners own?

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 41)
  • 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 CNX Midstream GP LLC (Age 42)

Who are CNX Midstream Partners' major shareholders?

CNX Midstream Partners' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Tortoise Capital Advisors L.L.C. (7.93%), OppenheimerFunds Inc. (4.12%), JPMorgan Chase & Co. (3.03%), HITE Hedge Asset Management LLC (2.59%), CIBC Private Wealth Group LLC (1.93%) and Oakview Capital Management L.P. (1.70%). Company insiders that own CNX Midstream Partners stock include N J Deiuliis and Nbl Midstream, Llc. View Institutional Ownership Trends for CNX Midstream Partners.

Which major investors are selling CNX Midstream Partners stock?

CNXM stock was sold by a variety of institutional investors in the last quarter, including Kayne Anderson Capital Advisors LP, Citigroup Inc., Morgan Stanley, Westwood Holdings Group Inc., Spirit of America Management Corp NY, HITE Hedge Asset Management LLC, Duff & Phelps Investment Management Co. and Kore Private Wealth LLC. View Insider Buying and Selling for CNX Midstream Partners.

Which major investors are buying CNX Midstream Partners stock?

CNXM stock was bought by a variety of institutional investors in the last quarter, including Eagle Global Advisors LLC, CIBC Private Wealth Group LLC, First Trust Advisors LP, JPMorgan Chase & Co., Renaissance Technologies LLC, Bank of Montreal Can, Jane Street Group LLC and Goldman Sachs Group Inc.. View Insider Buying and Selling for CNX Midstream Partners.

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 $14.86.

How big of a company is CNX Midstream Partners?

CNX Midstream Partners has a market capitalization of $947.04 million and generates $256.67 million in revenue each year. The pipeline company earns $134.04 million in net income (profit) each year or $1.89 on an earnings per share basis.

What is CNX Midstream Partners' official website?

The official website for CNX Midstream Partners is http://www.cnxmidstream.com/.

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)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  318 (Vote Outperform)
Underperform Votes:  422 (Vote Underperform)
Total Votes:  740
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.
This page was last updated on 5/22/2019 by MarketBeat.com Staff

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