Rice Midstream Partners (RMP) Receives News Impact Rating of 0.21
Media stories about Rice Midstream Partners (NYSE:RMP) have trended somewhat positive on Thursday, Accern Sentiment Analysis reports. The research group 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 -1 to 1, with scores closest to one being the most favorable. Rice Midstream Partners earned a media sentiment score of 0.21 on Accern’s scale. Accern also gave press coverage about the oil and gas producer an impact score of 0 out of 100, indicating that recent media coverage is extremely unlikely to have an impact on the company’s share price in the immediate future.
These are some of the media headlines that may have impacted Accern Sentiment’s scoring:
- Rice Midstream Partners Reports Second Quarter 2017 Results and Updates 2017 Capital Budget (finance.yahoo.com)
- Rice Midstream beats 2Q profit forecasts (finance.yahoo.com)
- Tortoise Capital Advisors, L.l.c. Bought A Lot More Rice Midstream Partners LP Comm (RMP) Stock (highlightpress.com)
- Financial Comparison: Rice Midstream Partners (RMP) and Cheniere Energy Partners LP Holdings (CQH) (americanbankingnews.com)
- Rice Midstream Partners LP (RMP) Upgraded at ValuEngine (ismboard.com)
RMP has been the topic of a number of research analyst reports. SunTrust Banks, Inc. cut Rice Midstream Partners from a “buy” rating to a “hold” rating and reduced their target price for the company from $28.00 to $21.00 in a research note on Monday, June 19th. Drexel Hamilton cut Rice Midstream Partners from a “buy” rating to a “hold” rating in a research note on Monday, June 19th. Zacks Investment Research raised Rice Midstream Partners from a “hold” rating to a “buy” rating and set a $29.00 target price on the stock in a research note on Wednesday, May 3rd. Wells Fargo & Company lowered shares of Rice Midstream Partners from an “outperform” rating to a “market perform” rating in a research report on Monday, June 19th. Finally, BidaskClub upgraded shares of Rice Midstream Partners from a “strong sell” rating to a “sell” rating in a research report on Thursday, June 29th. Two analysts have rated the stock with a sell rating, ten have issued a hold rating and four have given a buy rating to the stock. Rice Midstream Partners currently has a consensus rating of “Hold” and a consensus target price of $24.22.
Rice Midstream Partners (RMP) traded down 0.43% during midday trading on Thursday, reaching $20.78. 313,235 shares of the company’s stock were exchanged. The stock has a market capitalization of $1.53 billion, a price-to-earnings ratio of 14.33 and a beta of 1.31. The stock’s 50-day moving average is $20.43 and its 200-day moving average is $23.74. Rice Midstream Partners has a 12-month low of $16.87 and a 12-month high of $26.42.
Rice Midstream Partners (NYSE:RMP) last released its quarterly earnings data on Wednesday, August 2nd. The oil and gas producer reported $0.42 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.33 by $0.09. The firm had revenue of $72.38 million for the quarter, compared to analyst estimates of $58.20 million. Rice Midstream Partners had a net margin of 58.46% and a return on equity of 12.79%. The business’s quarterly revenue was up 55.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.38 earnings per share. On average, equities analysts forecast that Rice Midstream Partners will post $1.39 earnings per share for the current year.
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, August 17th. Stockholders of record on Tuesday, August 8th will be paid a $0.2711 dividend. The ex-dividend date of this dividend is Friday, August 4th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 5.22%. This is a positive change from Rice Midstream Partners’s previous quarterly dividend of $0.26. Rice Midstream Partners’s dividend payout ratio is presently 69.33%.
TRADEMARK VIOLATION WARNING: This piece was first posted by The Cerbat Gem and is the property of of The Cerbat Gem. If you are viewing this piece on another publication, it was illegally stolen and reposted in violation of U.S. and international copyright & trademark legislation. The original version of this piece can be viewed at https://www.thecerbatgem.com/2017/08/03/rice-midstream-partners-rmp-given-news-sentiment-score-of-0-21-updated-updated-updated.html.
About Rice Midstream Partners
Rice Midstream Partners LP owns, operates, develops and acquires midstream assets in the Appalachian Basin. The Company’s segments are gathering and compression, and water services. The gathering and compression segment provides natural gas gathering and compression services for Rice Energy Inc (Rice Energy) and third parties in the Appalachian Basin.
Receive News & Stock Ratings for Rice Midstream Partners LP Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rice Midstream Partners LP and related stocks with our FREE daily email newsletter.