Mid-Con Energy Partners (MCEP) Earning Somewhat Favorable News Coverage, Accern Reports

Media coverage about Mid-Con Energy Partners (NASDAQ:MCEP) has trended somewhat positive recently, according to Accern. Accern identifies positive and negative press coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Mid-Con Energy Partners earned a daily sentiment score of 0.14 on Accern’s scale. Accern also assigned media stories about the oil and gas producer an impact score of 46.6255957262622 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

Separately, UBS Group decreased their price target on shares of Mid-Con Energy Partners from $1.10 to $0.90 and set a “sell” rating for the company in a research note on Friday, November 17th.

Mid-Con Energy Partners (NASDAQ MCEP) traded down $0.06 during trading on Monday, hitting $1.05. 107,400 shares of the stock traded hands, compared to its average volume of 89,498. The company has a quick ratio of 1.25, a current ratio of 1.25 and a debt-to-equity ratio of 1.34. Mid-Con Energy Partners has a 1 year low of $0.92 and a 1 year high of $3.37. The company has a market capitalization of $29.89, a P/E ratio of -1.22 and a beta of 1.50.

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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.

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