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

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$17.56 -0.09 (-0.51 %)
(As of 11/18/2018 06:47 AM ET)
Previous Close$17.56
Today's Range$17.38 - $17.93
52-Week Range$16.10 - $21.05
Volume143,574 shs
Average Volume210,993 shs
Market Capitalization$1.12 billion
P/E Ratio10.33
Dividend Yield7.92%
Beta1.56
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.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Natural gas transmission
Sub-IndustryN/A
SectorOils/Energy
Current SymbolNYSE:CNXM
Previous Symbol
CUSIPN/A
Phone724-485-4000

Debt

Debt-to-Equity Ratio1.14
Current Ratio0.45
Quick Ratio0.45

Price-To-Earnings

Trailing P/E Ratio10.33
Forward P/E Ratio9.92
P/E Growth0.71

Sales & Book Value

Annual Sales$233.85 million
Price / Sales4.78
Cash Flow$2.1679 per share
Price / Cash8.10
Book Value$6.02 per share
Price / Book2.92

Profitability

EPS (Most Recent Fiscal Year)$1.72
Net Income$114.99 million
Net Margins47.87%
Return on Equity23.69%
Return on Assets13.33%

Miscellaneous

Employees100
Outstanding Shares63,640,000
Market Cap$1.12 billion
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 Friday, October 19th. Investors of record on Monday, November 5th will be paid a dividend of $0.3479 per share on Tuesday, November 13th. This represents a $1.39 annualized dividend and a dividend yield of 7.92%. The ex-dividend date of this dividend is Friday, November 2nd. This is a positive change from CNX Midstream Partners's previous quarterly dividend of $0.34. View CNX Midstream Partners' Dividend History.

How were CNX Midstream Partners' earnings last quarter?

CNX Midstream Partners LP (NYSE:CNXM) announced its quarterly earnings data on Tuesday, October, 30th. The pipeline company reported $0.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.43 by $0.04. The pipeline company earned $60.97 million during the quarter, compared to the consensus estimate of $64.72 million. CNX Midstream Partners had a net margin of 47.87% and a return on equity of 23.69%. The company's revenue was up 7.6% on a year-over-year basis. During the same period in the previous year, the company earned $0.43 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 Tuesday, January 29th 2019. View Earnings Estimates for CNX Midstream Partners.

What price target have analysts set for CNXM?

7 analysts have issued 12-month price objectives for CNX Midstream Partners' stock. Their predictions range from $24.00 to $26.00. On average, they expect CNX Midstream Partners' stock price to reach $24.2857 in the next twelve months. This suggests a possible upside of 38.3% from the stock's current price. View Analyst Price Targets for CNX Midstream Partners.

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

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CNX Midstream Partners in the last year. There are currently 1 hold rating and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for CNX Midstream Partners.

Has CNX Midstream Partners been receiving favorable news coverage?

Media stories about CNXM stock have trended positive this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. CNX Midstream Partners earned a media sentiment score of 2.8 on InfoTrie's scale. They also assigned headlines about the pipeline company a news buzz of 5.0 out of 10, indicating that recent media coverage is somewhat likely to have an impact on the company's share price in the next several days.

Are investors shorting CNX Midstream Partners?

CNX Midstream Partners saw a increase in short interest in the month of October. As of October 15th, there was short interest totalling 907,096 shares, an increase of 72.2% from the September 28th total of 526,805 shares. Based on an average daily volume of 174,032 shares, the days-to-cover ratio is currently 5.2 days. Currently, 2.2% of the shares of the stock are sold short. View CNX Midstream Partners' Current Options Chain.

Who are some of CNX Midstream Partners' key competitors?

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 49)
  • Mr. Chad A. Griffith, Pres of CNX Midstream GP LLC (Age 41)
  • Mr. Donald W. Rush, CFO & Director of CNX Midstream GP LLC (Age 35)
  • Mr. Timothy C. Dugan, COO & Director of CNX Midstream GP LLC (Age 56)
  • Mr. Brian R. Rich, Chief Accounting Officer of CONE Midstream GP LLC (Age 41)

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 Tortoise Capital Advisors L.L.C. (7.86%), Kayne Anderson Capital Advisors LP (4.47%), Allianz Asset Management GmbH (1.98%), Oakview Capital Management L.P. (1.61%), Brookfield Asset Management Inc. (1.13%) and JPMorgan Chase & Co. (0.73%). Company insiders that own CNX Midstream Partners stock include Angela A Minas, Brian Robert Rich 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 Allianz Asset Management GmbH, Oakview Capital Management L.P., Bank of Montreal Can, Water Island Capital LLC, EJF Capital LLC, GSA Capital Partners LLP and FMR LLC. View Insider Buying and Selling 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 Tortoise Capital Advisors L.L.C., Kayne Anderson Capital Advisors LP, Brookfield Asset Management Inc., Virtus Alternative Investment Advisers Inc., JPMorgan Chase & Co., JPMorgan Chase & Co., Rafferty Asset Management LLC and BP Capital Fund Advisors LLC. 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 $17.56.

How big of a company is CNX Midstream Partners?

CNX Midstream Partners has a market capitalization of $1.12 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.

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:  253 (Vote Outperform)
Underperform Votes:  314 (Vote Underperform)
Total Votes:  567
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 11/18/2018 by MarketBeat.com Staff

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