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

CNX Midstream Partners trades on the New York Stock Exchange (NYSE) under the ticker symbol "CNXM."

CNX Midstream Partners announced a quarterly dividend on Friday, July 19th. Stockholders of record on Tuesday, August 6th will be paid a dividend of $0.387 per share on Wednesday, August 14th. This represents a $1.55 dividend on an annualized basis and a dividend yield of 10.46%. The ex-dividend date is Monday, August 5th. This is a positive change from CNX Midstream Partners's previous quarterly dividend of $0.37. View CNX Midstream Partners' Dividend History.

CNX Midstream Partners LP (NYSE:CNXM) issued its quarterly earnings data on Tuesday, July, 30th. The pipeline company reported $0.63 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.49 by $0.14. The pipeline company had revenue of $78.10 million for the quarter, compared to analysts' expectations of $71.60 million. CNX Midstream Partners had a net margin of 56.02% and a return on equity of 39.15%. The company's quarterly revenue was up 28.0% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.43 earnings per share. View CNX Midstream Partners' Earnings History.

CNX Midstream Partners is scheduled to release their next quarterly earnings announcement on Tuesday, October 29th 2019. View Earnings Estimates for CNX Midstream Partners.

4 analysts have issued twelve-month target prices for CNX Midstream Partners' stock. Their predictions range from $18.00 to $24.00. On average, they expect CNX Midstream Partners' share price to reach $21.50 in the next year. This suggests a possible upside of 45.3% from the stock's current price. View Analyst Price Targets for CNX Midstream Partners.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CNX Midstream Partners in the last year. There are currently 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for CNX Midstream Partners.

Media stories about CNXM stock have been trending somewhat negative on Sunday, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. CNX Midstream Partners earned a daily sentiment score of -1.3 on InfoTrie's scale. They also assigned media stories about the pipeline company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the near term. View News Stories for CNX Midstream Partners.

CNX Midstream Partners saw a drop in short interest during the month of August. As of August 31st, there was short interest totalling 1,095,500 shares, a drop of 24.7% from the July 31st total of 1,454,600 shares. Based on an average daily volume of 288,600 shares, the short-interest ratio is presently 3.8 days. Approximately 2.7% of the company's stock are sold short. View CNX Midstream Partners' Current Options Chain.

Some companies that are related to CNX Midstream Partners include Antero Midstream (AM), TC Pipelines (TCP), Rattler Midstream (RTLR), USA Compression Partners (USAC), Transportadora de Gas del Sur (TGS), Archrock (AROC), Summit Midstream Partners (SMLP), Southcross Energy Partners (SXE) and Tallgrass Energy GP (TEGP).

Based on aggregate information from My MarketBeat watchlists, some companies that other CNX Midstream Partners investors own include Energy Transfer LP Unit (ET), New Residential Investment (NRZ), Straight Path Communications (STRP), Enterprise Products Partners (EPD), SunCoke Energy Partners (SXCP), CBL & Associates Properties (CBL), Ares Capital (ARCC), Alliance Resource Partners (ARLP), Navios Maritime Midstream Partners (NAP) and NGL Energy Partners (NGL).

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. (8.32%), Invesco Ltd. (4.28%), JPMorgan Chase & Co. (2.43%), Eagle Global Advisors LLC (2.14%), Allianz Asset Management GmbH (2.01%) and UBS Group AG (1.69%). Company insiders that own CNX Midstream Partners stock include N J Deiuliis and Nbl Midstream, Llc. View Institutional Ownership Trends for CNX Midstream Partners.

CNXM stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Morgan Stanley, CIBC Private Wealth Group LLC, Spirit of America Management Corp NY, Duff & Phelps Investment Management Co., Oakview Capital Management L.P., Jane Street Group LLC and Russell Investments Group Ltd.. View Insider Buying and Selling for CNX Midstream Partners.

CNXM stock was bought by a variety of institutional investors in the last quarter, including Invesco Ltd., Eagle Global Advisors LLC, Tortoise Capital Advisors L.L.C., Bank of Montreal Can, Wells Fargo & Company MN, Virtus ETF Advisers LLC, Allianz Asset Management GmbH and Southeast Asset Advisors Inc.. View Insider Buying and Selling for 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, Robinhood, Fidelity and Charles Schwab.

One share of CNXM stock can currently be purchased for approximately $14.80.

CNX Midstream Partners has a market capitalization of $943.35 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. View Additional Information About CNX Midstream Partners.

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

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]