Mid-Con Energy Partners, LP (NASDAQ:MCEP) will issue its quarterly earnings data after the market closes on Monday, October 30th.
Mid-Con Energy Partners, (NASDAQ:MCEP) last issued its quarterly earnings data on Wednesday, August 2nd. The oil and gas producer reported ($0.52) earnings per share (EPS) for the quarter. The business had revenue of $16.50 million during the quarter, compared to the consensus estimate of $14.19 million. Mid-Con Energy Partners, had a negative return on equity of 14.91% and a negative net margin of 27.33%. The company’s revenue for the quarter was up 251.1% on a year-over-year basis. During the same quarter in the prior year, the company posted ($0.52) earnings per share. On average, analysts expect Mid-Con Energy Partners, to post $-0.32 EPS for the current fiscal year and $0.23 EPS for the next fiscal year.
Shares of Mid-Con Energy Partners, LP (NASDAQ MCEP) opened at 0.99 on Friday. The company has a 50-day moving average of $1.06 and a 200-day moving average of $1.46. Mid-Con Energy Partners, LP has a one year low of $0.92 and a one year high of $3.37. The company’s market capitalization is $29.79 million.
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Separately, UBS AG reaffirmed a “sell” rating and issued a $1.10 target price (down previously from $1.20) on shares of Mid-Con Energy Partners, in a research report on Wednesday, August 9th.
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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