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Mid-Con Energy Partners, LP (MCEP)

NasdaqCM - NasdaqCM Real Time Price. Currency in USD
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2.1500-0.0500 (-2.27%)
At close: 4:00PM EDT
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Chart Events
Neutralpattern detected
Previous Close2.2000
Bid2.1500 x 1000
Ask2.1600 x 900
Day's Range2.1300 - 2.2100
52 Week Range1.2000 - 11.2000
Avg. Volume372,368
Market Cap30.77M
Beta (5Y Monthly)0.97
PE Ratio (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateAug 04, 2015
1y Target EstN/A
  • Benzinga

    P/E Ratio Insights for Mid-Con Energy Partners

    Looking into the current session, Mid-Con Energy Partners Inc. (NASDAQ: MCEP) shares are trading at $5.95, after a 115.58% spike. Moreover, over the past month, the stock went up by 194.53%, but in the past year, decreased by 40.79%. Shareholders might be interested in knowing whether the stock is undervalued, even if the company is performing up to par in the current session.The stock is currently above from its 52 week low by 10338.60%. Assuming that all other factors are held constant, this could present itself as an opportunity for investors trying to diversify their portfolio with Oil & Gas E&P stocks, and capitalize on the lower share price observed over the year.The P/E ratio is used by long-term shareholders to assess the company's market performance against aggregate market data, historical earnings, and the industry at large. A lower P/E indicates that shareholders do not expect the stock to perform better in the future, and that the company is probably undervalued. It shows that shareholders are less than willing to pay a high share price, because they do not expect the company to exhibit growth, in terms of future earnings.Most often, an industry will prevail in a particular phase of a business cycle, than other industries.Mid-Con Energy Partners Inc. has a lower P/E than the aggregate P/E of 1.89 of the Oil & Gas E&P industry. Ideally, one might believe that they might perform worse than its peers, but it's also probable that the stock is undervalued.P/E ratio is not always a great indicator of the company's performance. Depending on the earnings makeup of a company, investors may not be able to attain key insights from trailing earnings.See more from Benzinga * Insider Buys Oaktree Strategic Income's Shares * Morning Market Stats in 5 Minutes * Benzinga's Top Upgrades, Downgrades For June 16, 2020(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

  • Thomson Reuters StreetEvents

    Edited Transcript of MCEP earnings conference call or presentation 31-Oct-19 1:00pm GMT

    Q3 2019 Mid-Con Energy Partners LP Earnings Call