Midcoast Energy Partners (MEP) Earning Somewhat Favorable News Coverage, Analysis Shows

News articles about Midcoast Energy Partners (NYSE:MEP) have trended somewhat positive this week, Accern Sentiment reports. The research firm identifies negative and positive media coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Midcoast Energy Partners earned a news impact score of 0.09 on Accern’s scale. Accern also gave media stories about the oil and gas producer an impact score of 45.6412437677869 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

Shares of Midcoast Energy Partners (MEP) remained flat at $$7.95 during mid-day trading on Friday. The company has a current ratio of 0.62, a quick ratio of 0.40 and a debt-to-equity ratio of 0.22. Midcoast Energy Partners has a one year low of $5.30 and a one year high of $9.89. The stock has a market cap of $366.84, a PE ratio of -2.17 and a beta of 2.45.

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Midcoast Energy Partners Company Profile

Midcoast Energy Partners, L.P. (MEP) is a limited partnership company that is engaged in the natural gas and natural gas liquids (NGL) midstream business. It operates through two segments: Gathering, Processing and Transportation, and Logistics and Marketing. It also provides marketing services of natural gas and NGLs to wholesale customers.

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