CONE Midstream Partners (CNNX) Given Daily News Sentiment Rating of 0.21

Media coverage about CONE Midstream Partners (NYSE:CNNX) has been trending somewhat positive on Saturday, Accern reports. Accern rates the sentiment of press coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. CONE Midstream Partners earned a news impact score of 0.21 on Accern’s scale. Accern also assigned news stories about the pipeline company an impact score of 45.6800270530922 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

Shares of CONE Midstream Partners (NYSE CNNX) opened at $17.15 on Friday. CONE Midstream Partners has a 52-week low of $15.25 and a 52-week high of $25.56. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.21 and a quick ratio of 1.21. The company has a market cap of $1,180.00, a P/E ratio of 10.09, a price-to-earnings-growth ratio of 0.85 and a beta of 1.64.

CONE Midstream Partners (NYSE:CNNX) last announced its quarterly earnings data on Thursday, November 2nd. The pipeline company reported $0.43 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.43. CONE Midstream Partners had a net margin of 48.40% and a return on equity of 15.22%. The company had revenue of $56.69 million for the quarter, compared to the consensus estimate of $62.96 million. During the same period in the prior year, the firm posted $0.40 EPS. The company’s quarterly revenue was down 6.6% compared to the same quarter last year. equities research analysts anticipate that CONE Midstream Partners will post 1.75 earnings per share for the current year.

CNNX has been the topic of a number of recent analyst reports. ValuEngine raised shares of CONE Midstream Partners from a “hold” rating to a “buy” rating in a research report on Monday, October 2nd. Robert W. Baird reissued a “buy” rating and issued a $24.00 price objective on shares of CONE Midstream Partners in a research report on Thursday, September 21st. Morgan Stanley dropped their price objective on shares of CONE Midstream Partners from $23.00 to $21.00 and set an “equal weight” rating on the stock in a research report on Friday, November 17th. Zacks Investment Research raised shares of CONE Midstream Partners from a “sell” rating to a “hold” rating in a research report on Wednesday, November 8th. Finally, BidaskClub raised shares of CONE Midstream Partners from a “sell” rating to a “hold” rating in a research report on Friday, November 3rd. Six research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $22.86.

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About CONE Midstream Partners

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.

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