Somewhat Favorable News Coverage Somewhat Unlikely to Impact Mid-Con Energy Partners (MCEP) Share Price

News coverage about Mid-Con Energy Partners (NASDAQ:MCEP) has trended somewhat positive on Wednesday, Accern reports. Accern scores the sentiment of press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Mid-Con Energy Partners earned a news sentiment score of 0.24 on Accern’s scale. Accern also gave news headlines about the oil and gas producer an impact score of 45.8256223757814 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

Mid-Con Energy Partners (NASDAQ MCEP) traded up $0.03 during mid-day trading on Wednesday, hitting $1.87. 43,500 shares of the company’s stock traded hands, compared to its average volume of 339,033. The stock has a market capitalization of $54.83, a P/E ratio of -2.17 and a beta of 1.49. Mid-Con Energy Partners has a 52-week low of $0.92 and a 52-week high of $3.19. The company has a debt-to-equity ratio of 1.34, a current ratio of 1.25 and a quick ratio of 1.25.

Mid-Con Energy Partners (NASDAQ:MCEP) last posted its quarterly earnings results on Tuesday, November 14th. The oil and gas producer reported ($0.29) EPS for the quarter. Mid-Con Energy Partners had a negative return on equity of 21.05% and a negative net margin of 38.19%.

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 on the stock in a research note on Friday, November 17th.

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Mid-Con Energy Partners Company Profile

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.

Insider Buying and Selling by Quarter for Mid-Con Energy Partners (NASDAQ:MCEP)

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