NYSE:CNXMCNX Midstream Partners Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding CNX Midstream Partners LP Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $7.63 +0.18 (+2.42 %) (As of 06/4/2020 04:00 PM ET) Add Compare Share Today's Range$7.48Now: $7.63▼$7.7150-Day Range$6.14MA: $8.11▼$12.5052-Week Range$5.20Now: $7.63▼$16.94Volume245,500 shsAverage Volume499,506 shsMarket Capitalization$685.17 millionP/E Ratio3.10Dividend Yield4.35%Beta1.11 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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.Read More Beat the Market (BTM) Rank™ 3.0 Analyst's Opinion Consensus RatingCNX Midstream Partners has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, 3 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $12.00, CNX Midstream Partners has a potential upside of 57.3% from its current price of $7.63.Amount of Analyst CoverageCNX Midstream Partners has only been the subject of 3 research reports in the past 90 days. Previous Next 2.1 Community Rank Outperform VotesCNX Midstream Partners has received 390 “outperform” votes. (Add your “outperform” vote.)Underperform VotesCNX Midstream Partners has received 519 “underperform” votes. (Add your “underperform” vote.)Community SentimentCNX Midstream Partners has received 57.10% “underperform” votes from our community.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. Previous Next 3.3 Dividend Strength Dividend LeadershipCNX Midstream Partners is a leading dividend payer. It pays a dividend yield of 4.35%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthCNX Midstream Partners has only been increasing its dividend for 4 years.Dividend CoverageThe dividend payout ratio of CNX Midstream Partners is 13.52 %. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, CNX Midstream Partners will have a dividend payout ratio of 19.76 % next year. This indicates that CNX Midstream Partners will be able to sustain or increase its dividend. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, CNX Midstream Partners insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $192,500.00 in company stock.Percentage Held by InstitutionsOnly 30.12% of the stock of CNX Midstream Partners is held by institutions. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for CNX Midstream Partners are expected to grow by 2.45% in the coming year, from $1.63 to $1.67 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of CNX Midstream Partners is 3.10, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 15.46.Price to Earnings Ratio vs. SectorThe P/E ratio of CNX Midstream Partners is 3.10, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 9.44.Price to Book Value per Share RatioCNX Midstream Partners has a P/B Ratio of 1.07. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.0Community Rank: 2.1Dividend Strength: 3.3Insider Behavior: 0.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.06 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Natural gas transmission Sub-IndustryN/A SectorOils/Energy Current SymbolNYSE:CNXM Previous Symbol CUSIPN/A CIK1610418 Webwww.cnxmidstream.com Phone724-485-4000Debt Debt-to-Equity Ratio2.50 Current Ratio0.41 Quick Ratio0.41Price-To-Earnings Trailing P/E Ratio3.10 Forward P/E Ratio4.68 P/E GrowthN/A Sales & Book Value Annual Sales$305.80 million Price / Sales2.24 Cash Flow$2.86 per share Price / Cash Flow2.67 Book Value$7.16 per share Price / Book1.07Profitability EPS (Most Recent Fiscal Year)$2.44 Net Income$174.31 million Net Margins58.78% Return on Equity44.70% Return on Assets15.42%Miscellaneous EmployeesN/A Outstanding Shares89,800,000Market Cap$685.17 million Next Earnings Date8/4/2020 (Estimated) OptionableOptionable CNXM Rates by TradingView Receive CNXM News and Ratings via Email Sign-up to receive the latest news and ratings for CNXM and its competitors with MarketBeat's FREE daily newsletter. CNX Midstream Partners (NYSE:CNXM) Frequently Asked Questions How has CNX Midstream Partners' stock been impacted by COVID-19 (Coronavirus)? CNX Midstream Partners' stock was trading at $10.00 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, CNXM shares have decreased by 23.7% and is now trading at $7.63. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of 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 1 sell rating, 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for CNX Midstream Partners. When is CNX Midstream Partners' next earnings date? CNX Midstream Partners is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for CNX Midstream Partners. How were CNX Midstream Partners' earnings last quarter? CNX Midstream Partners LP (NYSE:CNXM) released its quarterly earnings results on Monday, April, 27th. The pipeline company reported $0.49 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.51 by $0.02. The pipeline company had revenue of $80.20 million for the quarter, compared to analysts' expectations of $89.70 million. CNX Midstream Partners had a return on equity of 44.70% and a net margin of 58.78%. The firm's revenue for the quarter was up 11.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.47 EPS. View CNX Midstream Partners' earnings history. 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 Tuesday, April 28th. Investors of record on Thursday, May 7th will be paid a dividend of $0.0829 per share on Friday, May 15th. This represents a $0.33 dividend on an annualized basis and a yield of 4.35%. The ex-dividend date is Wednesday, May 6th. View CNX Midstream Partners' dividend history. What price target have analysts set for CNXM? 5 brokerages have issued 1 year price targets for CNX Midstream Partners' shares. Their forecasts range from $8.00 to $17.00. On average, they anticipate CNX Midstream Partners' stock price to reach $12.00 in the next twelve months. This suggests a possible upside of 57.3% from the stock's current price. View analysts' price targets for CNX Midstream Partners. Has CNX Midstream Partners been receiving favorable news coverage? News stories about CNXM stock have trended negative recently, InfoTrie reports. InfoTrie identifies positive and negative media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. CNX Midstream Partners earned a news sentiment score of -2.7 on InfoTrie's scale. They also assigned headlines about the pipeline company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the near future. View the latest news aboutCNX Midstream Partners. Are investors shorting CNX Midstream Partners? CNX Midstream Partners saw a drop in short interest during the month of May. As of May 15th, there was short interest totaling 1,660,000 shares, a drop of 11.2% from the April 30th total of 1,870,000 shares. Based on an average daily volume of 1,400,000 shares, the days-to-cover ratio is currently 1.2 days. Approximately 4.1% of the company's shares are sold short. View CNX Midstream Partners' Current Options Chain. Who are some of CNX Midstream Partners' key competitors? Some companies that are related to CNX Midstream Partners include DCP Midstream (DCP), Antero Midstream (AM), TC Pipelines (TCP), Enable Midstream Partners (ENBL), Rattler Midstream (RTLR), USA Compression Partners (USAC), EnLink Midstream (ENLC), Archrock (AROC), Transportadora de Gas del Sur (TGS) and Summit Midstream Partners (SMLP). View all 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), Enterprise Products Partners (EPD), AT&T (T), NGL Energy Partners (NGL), New Residential Investment (NRZ), ARBOR RLTY TR I/SH (ABR), Alliance Resource Partners (ARLP), CBL & Associates Properties (CBL), NVIDIA (NVDA) and Ford Motor (F). Who are CNX Midstream Partners' key executives? CNX Midstream Partners' management team includes the following 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) What is CNX Midstream Partners' stock symbol? CNX Midstream Partners trades on the New York Stock Exchange (NYSE) under the ticker symbol "CNXM." Who are CNX Midstream Partners' major shareholders? CNX Midstream Partners' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Alps Advisors Inc. (5.79%), Invesco Ltd. (3.63%), Clearbridge Investments LLC (3.00%), JPMorgan Chase & Co. (2.49%), Tortoise Capital Advisors L.L.C. (2.31%) and Oakview Capital Management L.P. (1.45%). Company insiders that own CNX Midstream Partners stock include Angela A Minas, 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 Tortoise Capital Advisors L.L.C., Clearbridge Investments LLC, Virtus ETF Advisers LLC, Wells Fargo & Company MN, Jane Street Group LLC, Spirit of America Management Corp NY, Cohen & Steers Inc., and Quaker Capital Investments LLC. View insider buying and selling activity for CNX Midstream Partners. Which institutional investors are buying CNX Midstream Partners stock? CNXM stock was purchased by a variety of institutional investors in the last quarter, including Alps Advisors Inc., JPMorgan Chase & Co., HAP Trading LLC, Harvest Fund Advisors LLC, Oakview Capital Management L.P., UBS Group AG, Morgan Stanley, and Morgan Stanley. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab. What is CNX Midstream Partners' stock price today? One share of CNXM stock can currently be purchased for approximately $7.63. How big of a company is CNX Midstream Partners? CNX Midstream Partners has a market capitalization of $685.17 million and generates $305.80 million in revenue each year. The pipeline company earns $174.31 million in net income (profit) each year or $2.44 on an earnings per share basis. What is CNX Midstream Partners' official website? The official website for CNX Midstream Partners is 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] This page was last updated on 6/5/2020 by MarketBeat.com Staff
