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
SymbolNYSE:CNXM
CUSIPN/A
Phone724-485-4000
Debt
Debt-to-Equity Ratio0.84
Current Ratio1.07
Quick Ratio1.07
Price-To-Earnings
Trailing P/E Ratio11.89
Forward P/E Ratio11.58
P/E Growth0.76
Sales & Book Value
Annual Sales$233.85 million
Price / Sales5.58
Cash Flow$2.2162 per share
Price / Cash9.25
Book Value$11.81 per share
Price / Book1.74
Profitability
EPS (Most Recent Fiscal Year)$1.72
Net Income$114.99 million
Net Margins46.60%
Return on Equity16.46%
Return on Assets12.10%
Miscellaneous
Employees100
Outstanding Shares63,640,000
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 Thursday, April 19th. Shareholders of record on Friday, May 4th will be paid a dividend of $0.324 per share on Tuesday, May 15th. This represents a $1.30 annualized dividend and a yield of 6.32%. The ex-dividend date of this dividend is Thursday, May 3rd. This is a boost from CNX Midstream Partners's previous quarterly dividend of $0.31. View CNX Midstream Partners' Dividend History.
How were CNX Midstream Partners' earnings last quarter?
CNX Midstream Partners LP (NYSE:CNXM) posted its quarterly earnings data on Thursday, May, 3rd. The pipeline company reported $0.40 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.39 by $0.01. The pipeline company earned $63.90 million during the quarter, compared to analyst estimates of $62.41 million. CNX Midstream Partners had a return on equity of 16.46% and a net margin of 46.60%. The company's quarterly revenue was up 8.3% on a year-over-year basis. View CNX Midstream Partners' Earnings History.
When is CNX Midstream Partners' next earnings date?
What price target have analysts set for CNXM?
7 analysts have issued 12-month target prices for CNX Midstream Partners' stock. Their predictions range from $21.00 to $26.00. On average, they anticipate CNX Midstream Partners' stock price to reach $23.5714 in the next twelve months. View Analyst Ratings for CNX Midstream Partners.
Who are some of CNX Midstream Partners' key competitors?
Some companies that are related to CNX Midstream Partners include EQT Midstream Partners (EQM), Tallgrass Energy GP (TEGP), Antero Midstream GP (AMGP), Tallgrass Energy Partners (TEP), EnLink Midstream (ENLC), Boardwalk Pipeline Partners (BWP), Transportadora de Gas del Sur (TGS), Rice Midstream Partners (RMP), TC Pipelines (TCP), USA Compression Partners (USAC), Dominion Energy Midstream Partners (DM), Summit Midstream Partners (SMLP), Archrock Partners (APLP), Archrock (AROC) and American Midstream Partners (AMID).
Who are CNX Midstream Partners' key executives?
CNX Midstream Partners' management team includes the folowing people:
- Mr. Nicholas J. DeIuliis, Chairman & CEO (Age 49)
- Mr. Timothy C. Dugan, COO & Director (Age 56)
- Mr. Brian R. Rich, Chief Accounting Officer of CONE Midstream GP LLC (Age 41)
- Mr. Tyler Lewis, VP ? Investor Relations
- Mr. Kirk A. Moore, Gen. Counsel of CONE Midstream GP LLC and Sec. of CONE Midstream GP LLC (Age 62)
Has CNX Midstream Partners been receiving favorable news coverage?
News coverage about CNXM stock has trended somewhat positive recently, according to Accern Sentiment Analysis. The research group identifies negative and positive news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. CNX Midstream Partners earned a news impact score of 0.19 on Accern's scale. They also assigned media headlines about the pipeline company an impact score of 46.86 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the near term.
Who are CNX Midstream Partners' major shareholders?
CNX Midstream Partners' stock is owned by many different of retail and institutional investors. Top institutional shareholders include Allianz Asset Management GmbH (2.45%), Allianz Asset Management GmbH (2.45%), Oakview Capital Management L.P. (2.07%), OppenheimerFunds Inc. (1.81%), Westwood Holdings Group Inc. (1.02%) and UBS Group AG (0.83%). Company insiders that own CNX Midstream Partners stock include Angela A Minas and Brian Robert Rich. View Institutional Ownership Trends for CNX Midstream Partners.
Which major investors are buying CNX Midstream Partners stock?
CNXM stock was purchased by a variety of institutional investors in the last quarter, including Allianz Asset Management GmbH, Allianz Asset Management GmbH, Oakview Capital Management L.P., OppenheimerFunds Inc., Westwood Holdings Group Inc., UBS Group AG, Atlantic Trust Group LLC and Rubric Capital Management LP. 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 $20.50.
How big of a company is CNX Midstream Partners?
CNX Midstream Partners has a market capitalization of $1.28 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.
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 (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.
