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

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$14.43 -0.52 (-3.48 %)
(As of 03/24/2019 04:00 PM ET)
Previous Close$14.43
Today's Range$14.40 - $14.9221
52-Week Range$14.40 - $21.00
Volume300,386 shs
Average Volume330,221 shs
Market Capitalization$918.47 million
P/E Ratio7.63
Dividend Yield9.99%
Beta1.29
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$2.4751 per share
Book Value$6.27 per share

Profitability

Net Income$134.04 million

Miscellaneous

EmployeesN/A
Market Cap$918.47 million
Next Earnings Date5/2/2019 (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, January 17th. Investors of record on Tuesday, February 5th will be paid a dividend of $0.3603 per share on Wednesday, February 13th. This represents a $1.44 annualized dividend and a yield of 9.99%. The ex-dividend date is Monday, February 4th. This is an increase from CNX Midstream Partners's previous quarterly dividend of $0.35. 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 Thursday, January, 31st. The pipeline company reported $0.59 EPS for the quarter, beating analysts' consensus estimates of $0.46 by $0.13. The pipeline company earned $70.82 million during the quarter, compared to analyst estimates of $65.90 million. CNX Midstream Partners had a net margin of 52.22% and a return on equity of 32.52%. 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, May 2nd 2019. View Earnings Estimates for CNX Midstream Partners.

What price target have analysts set for CNXM?

5 brokers have issued 12 month price targets for CNX Midstream Partners' shares. Their forecasts range from $18.00 to $24.00. On average, they anticipate CNX Midstream Partners' share price to reach $22.00 in the next year. This suggests a possible upside of 52.5% 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?

News articles about CNXM stock have been trending neutral on Sunday, InfoTrie Sentiment Analysis reports. The research firm rates the sentiment of press coverage by monitoring 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 closest to five being the most favorable. CNX Midstream Partners earned a coverage optimism score of 0.2 on InfoTrie's scale. They also gave media headlines about the pipeline company a news buzz of 3.0 out of 10, indicating that recent press coverage is unlikely to have an effect on the company's share price in the near term.

Who are some of CNX Midstream Partners' key competitors?

What other stocks do shareholders of CNX Midstream Partners own?

Based on aggregate information from My MarketBeat watchlists, some companies that other CNX Midstream Partners investors own include Energy Transfer LP Unit (ET), Micron Technology (MU), NVIDIA (NVDA), New Residential Investment (NRZ), Caterpillar (CAT), Enterprise Products Partners (EPD), Viper Energy Partners (VNOM), Paypal (PYPL), AT&T (T) and ARBOR RLTY TR I/SH (ABR).

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 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 investors include Tortoise Capital Advisors L.L.C. (7.93%), Kayne Anderson Capital Advisors LP (4.80%), HITE Hedge Asset Management LLC (2.68%), Citigroup Inc. (2.26%), Cohen & Steers Inc. (1.37%) and CIBC Private Wealth Group LLC (1.28%). 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 institutional investors are selling CNX Midstream Partners stock?

CNXM stock was sold by a variety of institutional investors in the last quarter, including Bank of America Corp DE, HITE Hedge Asset Management LLC, Spirit of America Management Corp NY, GSA Capital Partners LLP, Janney Montgomery Scott LLC, Pointe Capital Management LLC, Water Island Capital LLC and Barclays PLC. View Insider Buying and Selling for CNX Midstream Partners.

Which institutional investors are buying CNX Midstream Partners stock?

CNXM stock was acquired by a variety of institutional investors in the last quarter, including CIBC Private Wealth Group LLC, Kayne Anderson Capital Advisors LP, Raymond James Financial Services Advisors Inc., Hsbc Holdings PLC, First Trust Advisors LP, Van ECK Associates Corp, Tortoise Capital Advisors L.L.C. and Citigroup 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 $14.43.

How big of a company is CNX Midstream Partners?

CNX Midstream Partners has a market capitalization of $918.47 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:  2.2 out of 5 (star star)
Outperform Votes:  298 (Vote Outperform)
Underperform Votes:  391 (Vote Underperform)
Total Votes:  689
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 3/24/2019 by MarketBeat.com Staff

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