NYSE:CNXM

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

Notice: This company has been marked as potentially delisted and may not be actively trading.
Today's Range
$9.16
$9.16
50-Day Range
$9.16
$10.00
52-Week Range
$5.20
$16.94
Volume
N/A
Average Volume
971,774 shs
Market Capitalization
$822.56 million
P/E Ratio
4.20
Dividend Yield
21.83%
Price Target
N/A
CNXM stock logo

About CNX Midstream Partners Stock (NYSE:CNXM)

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.

CNXM Stock News Headlines

CNX Midstream Partners LP
This Apple-like Innovator is Revolutionizing Healthcare
AI has infiltrated so many sectors, it's sent the demand for AI-friendly GPU computer chips rocketing. Nvidia has gone up more than 3x in the past year. It is now valued well over $2 trillion, making it one of the largest companies in the world.
This Apple-like Innovator is Revolutionizing Healthcare
AI has infiltrated so many sectors, it's sent the demand for AI-friendly GPU computer chips rocketing. Nvidia has gone up more than 3x in the past year. It is now valued well over $2 trillion, making it one of the largest companies in the world.
Nifty 50 Technical Analysis
CNX Resources Corporation Announces Early Results...
CNX Resources Corporation Announces Closing of
CNX Announces Proved Reserves of 9.63 Tcfe
See More Headlines
Receive CNXM Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for CNX Midstream Partners and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
7/30/2020
Today
4/23/2024

Industry, Sector and Symbol

Industry
Natural Gas Transmission
Sub-Industry
N/A
Fax
N/A
Employees
N/A
Year Founded
N/A

Profitability

Net Income
$174.31 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$305.80 million
Cash Flow
$2.85 per share
Book Value
$7.16 per share

Miscellaneous

Free Float
N/A
Market Cap
$822.56 million
Optionable
Optionable
Beta
1.12
13 Stocks Institutional Investors Won't Stop Buying Cover

Which stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.

Get This Free Report

Key Executives

  • Mr. Nicholas J. DeIuliis (Age 50)
    Chairman & CEO of CNX Midstream GP LLC
  • Mr. Chad A. Griffith (Age 41)
    Pres of CNX Midstream GP LLC
  • Mr. Donald W. Rush (Age 36)
    CFO & Director of CNX Midstream GP LLC
  • Mr. Timothy C. Dugan (Age 57)
    COO & Director of CNX Midstream GP LLC
  • Mr. Brian R. Rich (Age 42)
    Chief Accounting Officer of CNX Midstream GP LLC

CNXM Stock Analysis - Frequently Asked Questions

How were CNX Midstream Partners' earnings last quarter?

CNX Midstream Partners LP (NYSE:CNXM) announced its earnings results on Thursday, July, 30th. The pipeline company reported $0.35 EPS for the quarter, beating the consensus estimate of $0.34 by $0.01. The pipeline company earned $66.04 million during the quarter. CNX Midstream Partners had a net margin of 56.42% and a trailing twelve-month return on equity of 43.05%.

Is CNX Midstream Partners a good dividend stock?

CNX Midstream Partners (NYSE:CNXM) pays an annual dividend of $2.00 per share and currently has a dividend yield of 21.83%. CNXM has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 81.97%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, CNXM will have a dividend payout ratio of 127.39% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for CNXM.

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 (ET), Enterprise Products Partners (EPD), NGL Energy Partners (NGL), New Residential Investment (NRZ), AT&T (T), Ford Motor (F), AGNC Investment (AGNC), Alliance Resource Partners (ARLP), Arbor Realty Trust (ABR) and Ares Capital (ARCC).

This page (NYSE:CNXM) was last updated on 4/23/2024 by MarketBeat.com Staff

From Our Partners