News articles about Rice Midstream Partners (NYSE:RMP) have been trending positive recently, Accern reports. Accern identifies positive and negative press coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Rice Midstream Partners earned a media sentiment score of 0.25 on Accern’s scale. Accern also assigned news stories about the oil and gas producer an impact score of 46.1567367218047 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Rice Midstream Partners (RMP) opened at $22.17 on Friday. Rice Midstream Partners has a 52-week low of $16.87 and a 52-week high of $26.42. The stock has a market capitalization of $2,270.00, a P/E ratio of 14.03, a PEG ratio of 0.78 and a beta of 1.26. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.95 and a current ratio of 0.95.
Rice Midstream Partners (NYSE:RMP) last announced its earnings results on Thursday, November 2nd. The oil and gas producer reported $0.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.37 by $0.11. Rice Midstream Partners had a return on equity of 13.59% and a net margin of 59.24%. The firm had revenue of $81.70 million for the quarter, compared to analyst estimates of $65.25 million. During the same quarter last year, the firm posted $0.30 EPS. The business’s revenue was up 98.8% on a year-over-year basis. analysts expect that Rice Midstream Partners will post 1.72 earnings per share for the current fiscal year.
RMP has been the topic of several recent research reports. TheStreet upgraded Rice Midstream Partners from a “c” rating to a “b” rating in a research report on Monday, December 18th. Canaccord Genuity restated a “buy” rating on shares of Rice Midstream Partners in a research report on Wednesday, October 25th. BMO Capital Markets set a $20.00 price objective on Rice Midstream Partners and gave the stock a “buy” rating in a research report on Tuesday, October 10th. Zacks Investment Research upgraded Rice Midstream Partners from a “hold” rating to a “buy” rating and set a $24.00 price objective on the stock in a research report on Saturday, September 16th. Finally, ValuEngine lowered Rice Midstream Partners from a “buy” rating to a “hold” rating in a research report on Sunday, December 31st. One investment analyst has rated the stock with a sell rating, fifteen have given a hold rating and three have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $21.75.
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Rice Midstream Partners Company Profile
Rice Midstream Partners LP owns, operates, develops and acquires midstream assets in the Appalachian Basin. The Company’s segments are gathering and compression, and water services. The gathering and compression segment provides natural gas gathering and compression services for Rice Energy Inc (Rice Energy) and third parties in the Appalachian Basin.
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