Rice Midstream Partners LP owns, operates, develops, and acquires midstream assets in the Appalachian Basin. It operates in two segments, Gathering and Compression, and Water Services. Its natural gas gathering and compression assets consist of natural gas gathering and compression systems that serve producers in the dry gas core of the Marcellus Shale in southwestern Pennsylvania. The company also provides water services to support well completion activities, as well as to collect and recycle or dispose of flowback and produced water in Washington and Greene counties, Pennsylvania; and Belmont County, Ohio. Rice Midstream Management LLC serves as the general partner of Rice Midstream Partners LP. The company was founded in 2014 and is headquartered in Pittsburgh, Pennsylvania.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Natural gas transmission
Sub-IndustryN/A
SectorOils/Energy
SymbolNYSE:RMP
CUSIPN/A
Phone412-553-5700
Debt
Debt-to-Equity Ratio0.13
Current Ratio2.91
Quick Ratio2.91
Price-To-Earnings
Trailing P/E RatioN/A
Forward P/E Ratio9.65
P/E Growth0.69
Sales & Book Value
Annual Sales$294.69 million
Price / Sales6.27
Cash Flow$2.1210 per share
Price / Cash8.51
Book Value$24.68 per share
Price / Book0.73
Profitability
EPS (Most Recent Fiscal Year)N/A
Net Income$177.97 million
Net Margins59.40%
Return on Equity10.01%
Return on Assets8.61%
Miscellaneous
EmployeesN/A
Outstanding Shares102,300,000
Market Cap$1.85 billion
Rice Midstream Partners (NYSE:RMP) Frequently Asked Questions
What is Rice Midstream Partners' stock symbol?
Rice Midstream Partners trades on the New York Stock Exchange (NYSE) under the ticker symbol "RMP."
How often does Rice Midstream Partners pay dividends? What is the dividend yield for Rice Midstream Partners?
Rice Midstream Partners announced a quarterly dividend on Thursday, April 26th. Shareholders of record on Friday, May 4th will be given a dividend of $0.3049 per share on Tuesday, May 15th. This represents a $1.22 annualized dividend and a yield of 6.76%. The ex-dividend date is Thursday, May 3rd. This is an increase from Rice Midstream Partners's previous quarterly dividend of $0.29. View Rice Midstream Partners' Dividend History.
How were Rice Midstream Partners' earnings last quarter?
Rice Midstream Partners LP (NYSE:RMP) posted its quarterly earnings results on Tuesday, May, 8th. The oil and gas producer reported $0.48 earnings per share for the quarter, beating analysts' consensus estimates of $0.41 by $0.07. The oil and gas producer earned $84.46 million during the quarter. Rice Midstream Partners had a net margin of 59.40% and a return on equity of 10.01%. View Rice Midstream Partners' Earnings History.
What price target have analysts set for RMP?
12 analysts have issued twelve-month target prices for Rice Midstream Partners' shares. Their predictions range from $19.00 to $24.00. On average, they anticipate Rice Midstream Partners' share price to reach $21.80 in the next twelve months. This suggests a possible upside of 20.8% from the stock's current price. View Analyst Price Targets for Rice Midstream Partners.
What is the consensus analysts' recommendation for Rice Midstream Partners?
12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Rice Midstream Partners in the last year. There are currently 9 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Rice Midstream Partners.
Who are some of Rice Midstream Partners' key competitors?
Some companies that are related to Rice Midstream Partners include EQT GP (EQGP), EnLink Midstream Partners (ENLK), DCP Midstream (DCP), Antero Midstream Partners (AM), EQT Midstream Partners (EQM), Tallgrass Energy GP (TEGP), Tallgrass Energy (TGE), Antero Midstream GP (AMGP), Tallgrass Energy Partners (TEP), EnLink Midstream (ENLC), Boardwalk Pipeline Partners (BWP), TC Pipelines (TCP), Transportadora de Gas del Sur SA ADR Class B (TGS), Dominion Energy Midstream Partners (DM) and USA Compression Partners (USAC).
Who are Rice Midstream Partners' key executives?
Rice Midstream Partners' management team includes the folowing people:
- Mr. Robert J. McNally, Sr. VP, CFO & Director of Rice Midstream Management LLC (Age 47)
- Mr. Jeremiah J. Ashcroft III, Pres, CEO & Director of Rice Midstream Management LLC (Age 45)
- Ms. Jimmi Sue Smith, Chief Accounting Officer of Rice Midstream Management LLC (Age 45)
- Ms. Julie E. Danvers, Director of Investor Relations,
- Tobin M. Nelson, Sec. of Rice Midstream Management LLC
When did Rice Midstream Partners IPO?
(RMP) raised $500 million in an IPO on Wednesday, December 17th 2014. The company issued 25,000,000 shares at a price of $19.00-$21.00 per share. Barclays, Citigroup, Wells Fargo Securities, Goldman Sachs and RBC Capital Markets served as the underwriters for the IPO and Tudor, Pickering, Holt, BMO Capital Markets, Capital One Securities, Comerica Securities, Scotiabank Howard Weil, SunTrust Robinson Humphrey, U.S. Capital Advisors and Janney Montgomery Scott were co-managers.
Has Rice Midstream Partners been receiving favorable news coverage?
News coverage about RMP stock has been trending somewhat positive this week, according to Accern Sentiment. The research firm scores the sentiment of news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Rice Midstream Partners earned a coverage optimism score of 0.10 on Accern's scale. They also assigned media headlines about the oil and gas producer an impact score of 46.56 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the near future. View Recent Headlines for Rice Midstream Partners.
Who are Rice Midstream Partners' major shareholders?
Rice Midstream Partners' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include OppenheimerFunds Inc. (7.58%), Tortoise Capital Advisors L.L.C. (6.44%), Alps Advisors Inc. (5.97%), Alps Advisors Inc. (5.97%), CIBC Private Wealth Group LLC (3.32%) and Commonwealth of Pennsylvania Public School Empls Retrmt SYS (2.32%). View Institutional Ownership Trends for Rice Midstream Partners.
Which major investors are selling Rice Midstream Partners stock?
RMP stock was sold by a variety of institutional investors in the last quarter, including Natixis, Bank of Montreal Can, Spirit of America Management Corp NY, Eagle Global Advisors LLC, Wells Fargo & Company MN, Advisors Asset Management Inc., Bank of America Corp DE and PNC Financial Services Group Inc.. View Insider Buying and Selling for Rice Midstream Partners.
Which major investors are buying Rice Midstream Partners stock?
RMP stock was purchased by a variety of institutional investors in the last quarter, including Commonwealth of Pennsylvania Public School Empls Retrmt SYS, OMERS ADMINISTRATION Corp, HITE Hedge Asset Management LLC, Alps Advisors Inc., Alps Advisors Inc., Tortoise Capital Advisors L.L.C., CIBC Private Wealth Group LLC and Alpine Global Management LLC. View Insider Buying and Selling for Rice Midstream Partners.
How do I buy shares of Rice Midstream Partners?
Shares of RMP 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 Rice Midstream Partners' stock price today?
One share of RMP stock can currently be purchased for approximately $18.05.
How big of a company is Rice Midstream Partners?
Rice Midstream Partners has a market capitalization of $1.85 billion and generates $294.69 million in revenue each year.
How can I contact Rice Midstream Partners?
Rice Midstream Partners' mailing address is 625 Liberty Avenue Suite 1700, Pittsburgh PA, 15222. The oil and gas producer can be reached via phone at 412-553-5700 or via email at [email protected]
MarketBeat Community Rating for Rice Midstream Partners (NYSE RMP)
MarketBeat's community ratings are surveys of what our community members think about Rice Midstream Partners and other stocks. Vote "Outperform" if you believe RMP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe RMP will underperform the S&P 500 over the long term. You may vote once every thirty days.
