News headlines about Cone Midstream Partners (NYSE:CNNX) have trended somewhat positive on Wednesday, Accern Sentiment Analysis reports. The research firm identifies negative and positive media coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Cone Midstream Partners earned a media sentiment score of 0.15 on Accern’s scale. Accern also assigned news headlines about the pipeline company an impact score of 46.2666896873023 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

These are some of the news headlines that may have effected Accern’s rankings:

Several analysts recently weighed in on CNNX shares. ValuEngine cut shares of Cone Midstream Partners from a “strong-buy” rating to a “buy” rating in a research note on Friday, June 2nd. Citigroup Inc. upgraded shares of Cone Midstream Partners from a “neutral” rating to a “buy” rating and set a $25.00 target price on the stock in a report on Monday, May 22nd. Zacks Investment Research lowered shares of Cone Midstream Partners from a “buy” rating to a “hold” rating in a report on Wednesday, May 3rd. Royal Bank Of Canada lowered shares of Cone Midstream Partners from an “outperform” rating to a “sector perform” rating and dropped their price objective for the company from $26.00 to $22.00 in a report on Monday, May 8th. Finally, BidaskClub lowered shares of Cone Midstream Partners from a “sell” rating to a “strong sell” rating in a report on Tuesday, June 13th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and six have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $23.00.

Cone Midstream Partners (NYSE CNNX) traded up 2.24% during trading on Wednesday, hitting $16.92. 84,449 shares of the company traded hands. The company’s 50 day moving average is $18.74 and its 200-day moving average is $20.77. Cone Midstream Partners has a 52 week low of $16.44 and a 52 week high of $25.56. The stock has a market capitalization of $1.08 billion, a PE ratio of 10.11 and a beta of 1.64.

Cone Midstream Partners (NYSE:CNNX) last announced its quarterly earnings data on Monday, August 7th. The pipeline company reported $0.44 EPS for the quarter, topping the Zacks’ consensus estimate of $0.43 by $0.01. The business had revenue of $56.50 million during the quarter, compared to the consensus estimate of $60.15 million. Cone Midstream Partners had a return on equity of 14.15% and a net margin of 45.95%. The business’s revenue for the quarter was down 3.3% on a year-over-year basis. During the same period in the previous year, the company posted $0.39 earnings per share. Analysts predict that Cone Midstream Partners will post $1.66 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Monday, August 14th. Shareholders of record on Friday, August 4th were paid a $0.2922 dividend. The ex-dividend date of this dividend was Wednesday, August 2nd. This represents a $1.17 dividend on an annualized basis and a yield of 6.91%. This is a boost from Cone Midstream Partners’s previous quarterly dividend of $0.28. Cone Midstream Partners’s payout ratio is currently 70.06%.

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Cone Midstream Partners Company Profile

CONE Midstream Partners LP is a master limited partnership formed by CONSOL Energy Inc (CONSOL) and Noble Energy, Inc (Noble Energy). The Company owns, operates, develops and acquires natural gas gathering and other midstream energy assets to service CONSOL’s and Noble Energy’s production in the Marcellus Shale in Pennsylvania and West Virginia.

Insider Buying and Selling by Quarter for Cone Midstream Partners (NYSE:CNNX)

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