NYSEAMERICAN:SNMP - Sanchez Midstream Partners Stock Price, News, & Analysis

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$2.94 +0.09 (+3.16 %)
(As of 02/22/2019 04:00 PM ET)
Previous Close$2.94
Today's Range$2.8259 - $3.00
52-Week Range$1.27 - $13.25
Volume69,585 shs
Average Volume97,122 shs
Market Capitalization$47.60 million
P/E RatioN/A
Dividend Yield21.05%
BetaN/A
Sanchez Midstream Partners LP engages in the acquisition, development, ownership, and operation of midstream and other energy-related assets in the United States. It operates in two segments, Midstream and Production. The Midstream segment engages in gathering, processing, and transporting natural gas, NGLs, and oil. This segment owns an oil and natural gas gathering system with approximately 150 miles of gathering pipelines, as well as 4 gathering and processing facilities, including stabilizers, storage tanks, compressors and dehydration units, and other related assets in Western Catarina, which are located in Dimmit and Webb Counties, Texas; and provides upstream production services from the Eagle Ford Shale. The Production segment is involved in the production of crude oil and natural gas. As of December 31, 2017, this segment had total estimated proved reserves of approximately 5.3 million barrels of oil equivalent. The company also owns production assets in Texas, Louisiana, and Oklahoma. Sanchez Midstream Partners GP LLC serves as the general partner of the company. The company was formerly known as Sanchez Production Partners LP and changed its name to Sanchez Midstream Partners LP in June 2017. Sanchez Midstream Partners LP was founded in 2005 and is headquartered in Houston, Texas.

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Industry, Sector and Symbol

Stock Exchange NYSEAMERICAN
Industry Oil & Gas Midstream
Sub-IndustryN/A
SectorEnergy
Current SymbolNYSEAMERICAN:SNMP
Previous SymbolNYSEMKT:SNMP
CUSIPN/A
Phone+1-713-7562775

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesN/A

Profitability

Miscellaneous

EmployeesN/A
Market Cap$47.60 million
Next Earnings Date3/8/2019 (Estimated)
OptionableNot Optionable

Sanchez Midstream Partners (NYSEAMERICAN:SNMP) Frequently Asked Questions

What is Sanchez Midstream Partners' stock symbol?

Sanchez Midstream Partners trades on the New York Stock Exchange (NYSE)AMERICAN under the ticker symbol "SNMP."

How often does Sanchez Midstream Partners pay dividends? What is the dividend yield for Sanchez Midstream Partners?

Sanchez Midstream Partners declared a quarterly dividend on Friday, February 8th. Shareholders of record on Wednesday, February 20th will be given a dividend of $0.15 per share on Thursday, February 28th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 20.41%. The ex-dividend date of this dividend is Tuesday, February 19th. View Sanchez Midstream Partners' Dividend History.

How were Sanchez Midstream Partners' earnings last quarter?

Sanchez Midstream Partners LP (NYSEAMERICAN:SNMP) announced its quarterly earnings results on Thursday, August, 9th. The basic materials company reported ($0.85) EPS for the quarter, missing the Thomson Reuters' consensus estimate of ($0.38) by $0.47. The basic materials company earned $17.04 million during the quarter. View Sanchez Midstream Partners' Earnings History.

When is Sanchez Midstream Partners' next earnings date?

Sanchez Midstream Partners is scheduled to release their next quarterly earnings announcement on Friday, March 8th 2019. View Earnings Estimates for Sanchez Midstream Partners.

What price target have analysts set for SNMP?

2 brokers have issued 12 month price objectives for Sanchez Midstream Partners' stock. Their forecasts range from $7.00 to $16.00. On average, they anticipate Sanchez Midstream Partners' stock price to reach $11.50 in the next year. This suggests a possible upside of 291.2% from the stock's current price. View Analyst Price Targets for Sanchez Midstream Partners.

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

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

Has Sanchez Midstream Partners been receiving favorable news coverage?

Press coverage about SNMP stock has trended negative recently, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Sanchez Midstream Partners earned a media sentiment score of -2.1 on InfoTrie's scale. They also gave headlines about the basic materials company a news buzz of 1.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near future.

Are investors shorting Sanchez Midstream Partners?

Sanchez Midstream Partners saw a drop in short interest during the month of January. As of January 31st, there was short interest totalling 251,415 shares, a drop of 17.1% from the January 15th total of 303,297 shares. Based on an average daily volume of 64,515 shares, the days-to-cover ratio is currently 3.9 days. Approximately 2.3% of the company's stock are short sold. View Sanchez Midstream Partners' Current Options Chain.

Who are some of Sanchez Midstream Partners' key competitors?

What other stocks do shareholders of Sanchez Midstream Partners own?

Who are Sanchez Midstream Partners' key executives?

Sanchez Midstream Partners' management team includes the folowing people:
  • Mr. Gerald F. Willinger, CEO & Director of Sanchez Midstream Partners GP LLC (Age 51)
  • Mr. Patricio D. Sanchez, Pres, COO & Director of Sanchez Midstream Partners GP LLC (Age 38)
  • Mr. Charles C. Ward, CFO & Sec. of Sanchez Midstream Partners GP LLC (Age 59)
  • Ms. Kirsten A. Hink, Chief Accounting Officer of Sanchez Production Partners GP LLC (Age 52)

Who are Sanchez Midstream Partners' major shareholders?

Sanchez Midstream Partners' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Wiley BROS. Aintree Capital LLC (0.66%) and Kalos Management Inc. (0.24%). Company insiders that own Sanchez Midstream Partners stock include Alan S Bigman, Antonio R Sanchez III, Eduardo Augusto Sanchez, Gerald F Willinger, Gregory Martin Larberg and Patricio D Sanchez. View Institutional Ownership Trends for Sanchez Midstream Partners.

Which major investors are buying Sanchez Midstream Partners stock?

SNMP stock was bought by a variety of institutional investors in the last quarter, including Wiley BROS. Aintree Capital LLC and Kalos Management Inc.. Company insiders that have bought Sanchez Midstream Partners stock in the last two years include Alan S Bigman and Gregory Martin Larberg. View Insider Buying and Selling for Sanchez Midstream Partners.

How do I buy shares of Sanchez Midstream Partners?

Shares of SNMP 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 Sanchez Midstream Partners' stock price today?

One share of SNMP stock can currently be purchased for approximately $2.94.

How big of a company is Sanchez Midstream Partners?

Sanchez Midstream Partners has a market capitalization of $47.60 million.

What is Sanchez Midstream Partners' official website?

The official website for Sanchez Midstream Partners is http://www.sanchezproductionpartners.com/.

How can I contact Sanchez Midstream Partners?

Sanchez Midstream Partners' mailing address is 1000 Main St Ste 3000, HOUSTON, TX 77002-6342, United States. The basic materials company can be reached via phone at +1-713-7562775.


MarketBeat Community Rating for Sanchez Midstream Partners (NYSEAMERICAN SNMP)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  46 (Vote Outperform)
Underperform Votes:  55 (Vote Underperform)
Total Votes:  101
MarketBeat's community ratings are surveys of what our community members think about Sanchez Midstream Partners and other stocks. Vote "Outperform" if you believe SNMP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SNMP will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/23/2019 by MarketBeat.com Staff

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