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
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 Ratio10.80
Forward P/E Ratio9.57
P/E Growth0.71
Sales & Book Value
Annual Sales$294.69 million
Price / Sales6.21
Cash Flow$2.0422 per share
Price / Cash8.76
Book Value$24.68 per share
Price / Book0.72
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
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 declared a quarterly dividend on Thursday, April 26th. Shareholders of record on Friday, May 4th will be paid a dividend of $0.3049 per share on Tuesday, May 15th. This represents a $1.22 annualized dividend and a yield of 6.82%. 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) released its quarterly earnings results on Thursday, April, 26th. The oil and gas producer reported $0.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.41 by $0.07. The oil and gas producer earned $84.46 million during the quarter. Rice Midstream Partners had a return on equity of 10.01% and a net margin of 59.40%. View Rice Midstream Partners' Earnings History.
When is Rice Midstream Partners' next earnings date?
What price target have analysts set for RMP?
13 Wall Street analysts have issued 12 month target prices for Rice Midstream Partners' stock. Their forecasts range from $19.00 to $24.00. On average, they expect Rice Midstream Partners' share price to reach $21.80 in the next year. View Analyst Ratings for Rice Midstream Partners.
Are investors shorting Rice Midstream Partners?
Rice Midstream Partners saw a decline in short interest during the month of May. As of May 31st, there was short interest totalling 1,052,854 shares, a decline of 51.6% from the May 15th total of 2,176,070 shares. Based on an average daily trading volume, of 562,165 shares, the days-to-cover ratio is currently 1.9 days. Approximately 1.5% of the shares of the company are sold short. View Rice Midstream Partners' Current Options Chain.
Who are some of Rice Midstream Partners' key competitors?
Some companies that are related to Rice Midstream Partners include Enable Midstream Partners (ENBL), Western Gas Partners (WES), EQT GP (EQGP), Antero Midstream Partners (AM), DCP Midstream (DCP), EnLink Midstream Partners (ENLK), 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), TC Pipelines (TCP) 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,
- Mr. Nathan Tetlow, Investor Relations Director
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 $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 stories about RMP stock have been trending somewhat positive recently, according to Accern Sentiment. The research group identifies negative and positive news coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Rice Midstream Partners earned a news sentiment score of 0.19 on Accern's scale. They also assigned news stories about the oil and gas producer an impact score of 46.27 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near term.
Who are Rice Midstream Partners' major shareholders?
Rice Midstream Partners' stock is owned by a variety of of retail and institutional investors. Top institutional investors include OppenheimerFunds Inc. (7.49%), Tortoise Capital Advisors L.L.C. (6.15%), Tortoise Capital Advisors L.L.C. (6.15%), Alps Advisors Inc. (5.64%), Brookfield Asset Management Inc. (3.26%) and Atlantic Trust Group LLC (3.12%). 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 Duff & Phelps Investment Management Co., OppenheimerFunds Inc., JPMorgan Chase & Co., Alps Advisors Inc., Neuberger Berman Group LLC, Port Capital LLC, Hsbc Holdings PLC and Kayne Anderson Capital Advisors LP. 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 Brookfield Asset Management Inc., Allianz Asset Management GmbH, Allianz Asset Management GmbH, Wells Fargo & Company MN, Atlantic Trust Group LLC, Summit Trail Advisors LLC, Citigroup Inc. and Northwestern Mutual Investment Management Company 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 $17.89.
How big of a company is Rice Midstream Partners?
Rice Midstream Partners has a market capitalization of $1.90 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 (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.
