Mid-Con Energy Partners, (NASDAQ:MCEP) Getting Somewhat Favorable Press Coverage, Report Shows
Press coverage about Mid-Con Energy Partners, (NASDAQ:MCEP) has trended somewhat positive this week, according to Accern. Accern identifies negative and positive media coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Mid-Con Energy Partners, earned a news impact score of 0.18 on Accern’s scale. Accern also assigned media coverage about the oil and gas producer an impact score of 46.1507421738296 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
These are some of the news headlines that may have impacted Accern Sentiment Analysis’s scoring:
- Technicals in Focus For Mid-Con Energy Partners LP (MCEP) – Hayden Business Journal (haydenbusinessjournal.com)
- Mid-Con Energy Partners, LP Announces Second Quarter 2017 Operating and Financial Results – GlobeNewswire (press release) (globenewswire.com)
- Investor Update: Focusing in on Shares of Mid-Con Energy Partners, LP (NASDAQ:MCEP) – Sparta Review (spartareview.com)
- Mid-Con Energy Partners, LP (NASDAQ:MCEP) Experiences Light Trading Volume – Highlight Press (highlightpress.com)
Mid-Con Energy Partners, (NASDAQ:MCEP) traded down 8.70% on Thursday, hitting $1.05. 310,493 shares of the stock traded hands. Mid-Con Energy Partners, has a 12-month low of $1.01 and a 12-month high of $3.37. The stock’s market cap is $31.44 million.
Mid-Con Energy Partners, (NASDAQ:MCEP) last released its earnings results on Monday, May 1st. The oil and gas producer reported $0.11 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.02 by $0.09. The firm had revenue of $18.48 million for the quarter. Mid-Con Energy Partners, had a negative return on equity of 2.20% and a negative net margin of 29.26%. The business’s quarterly revenue was up 33.6% compared to the same quarter last year. During the same period last year, the business earned ($0.11) EPS. Equities analysts expect that Mid-Con Energy Partners, will post $0.24 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Monday, August 14th. Shareholders of record on Monday, August 7th will be issued a $0.043 dividend. This represents a $0.17 dividend on an annualized basis and a yield of 16.38%. The ex-dividend date is Thursday, August 3rd.
ILLEGAL ACTIVITY WARNING: This piece of content was reported by The Cerbat Gem and is the property of of The Cerbat Gem. If you are accessing this piece of content on another site, it was illegally stolen and republished in violation of US and international copyright & trademark legislation. The legal version of this piece of content can be viewed at https://www.thecerbatgem.com/2017/08/03/mid-con-energy-partners-nasdaqmcep-getting-somewhat-favorable-press-coverage-report-shows.html.
About Mid-Con Energy Partners,
Mid-Con Energy Partners, LP is engaged in the ownership, acquisition, exploitation and development of producing oil and natural gas properties in North America, with a focus on enhanced oil recovery (EOR). The Company’s properties are located in the Mid-Continent and Permian Basin regions of the United States in over five areas: Southern Oklahoma; Northeastern Oklahoma; parts of Oklahoma, Colorado and Texas within the Hugoton; Texas Gulf Coast, and Texas within the Eastern Shelf of the Permian.
Receive News & Stock Ratings for Mid-Con Energy Partners LP Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mid-Con Energy Partners LP and related stocks with our FREE daily email newsletter.