Shares in Rice Midstream Partners LP (RMP) Acquired by Ferris Capital LLC

Carla Harmon
February 22, 2018

The Company's segments are gathering and compression, and water services. Antero Midstream Partners LP (NYSE:AM) has risen 39.56% since February 21, 2017 and is uptrending. They expect $1.54 earnings per share, up 13.24% or $0.18 from last year's $1.36 per share.

This stock (EQM) is ahead of its 52-week low with -1.29%.

Among 23 analysts covering Magellan Midstream Partners L.P. Noble Midstream now provides crude oil, natural gas, and water-related midstream services in the DJ Basin in Colorado and the Delaware Basin in Texas. The company has market cap of $47.41 billion.

Following the spin-off, expected to be completed by the end of the third quarter, EQT said the new midstream company will become the third-largest natural gas gathering hub in the United States, operating in the Appalachian Basin - the heart of US shale gas boom. It has a 17.18 P/E ratio. As of December 31, 2016, it had 13.5 trillion cubic feet of natural gas equivalents of proved natural gas, natural gas liquids, and crude oil reserves.

Investors sentiment increased to 0.74 in Q3 2017. Its up 0.08, from 0.85 in 2017Q2.


Hedge funds and other institutional investors have recently made changes to their positions in the stock.

Why EQT Midstream Partners, LP (EQM) stock is considered to be Oversold? Diversified Trust Co reported 30,495 shares.

Ratings analysis reveals 100% of Antero Midstream Partners's analysts are positive. Stockholders of record on Wednesday, February 7th were given a $0.50 dividend.

Under the deal, created to be tax-free for its shareholders, EQT will drop its midstream assets into its master limited partnership EQT Midstream. Northcoast Asset Management Lc holds 0.22% or 12,751 shares. Icon Advisers reported 0.37% stake. The target implies a -6.46% decrease from where the shares are now trading. The original version of this article can be viewed at https://www.mareainformativa.com/2018/02/21/3652-shares-in-magellan-midstream-partners-l-p-mmp-acquired-by-opes-advisors-inc.html. Presently, Summit Midstream Partners LP (SMLP) has a 14-day Commodity Channel Index (CCI) of -103.98. Finally, American Century Companies Inc. purchased a new stake in shares of Antero Midstream Partners in the 4th quarter valued at $295,000. The total dollar value of all 63.99 million outstanding shares is 1.22 billion. Invesco accumulated 65,286 shares or 0% of the stock. Exane Derivatives stated it has 221 shares. This is based on a 1-5 numeric scale where Rating Scale: 1.0 Strong Buy, 2.0 Buy, 3.0 Hold, 4.0 Sell, 5.0 Strong Sell. Therefore 54% are positive. Scotiabank set a $31.00 price objective on shares of Hess Midstream Partners and gave the company a buy rating in a report on Saturday, July 22nd.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, November 13th. The rating was maintained by Citigroup on Wednesday, July 20 with "Buy". Stifel Nicolaus maintained EQT Midstream Partners, LP (NYSE:EQM) rating on Thursday, August 24. RBC Capital Markets maintained Shell Midstream Partners, L.P. (NYSE:SHLX) on Sunday, August 20 with "Buy" rating. The rating was maintained by Stifel Nicolaus on Thursday, September 14 with "Buy". Wall Street is only getting more bullish on the stock, with 12 of analysts who cover EQM having a buy-equivalent rating. RBC Capital Markets maintained it with "Outperform" rating and $41 target in Wednesday, November 9 report.


Ruggie Capital Group holds 0.09% of its portfolio in PIMCO Global StocksPLUS & Income Fund for 8,000 shares. Miller Howard Inc holds 1.84M shares or 2.7% of its portfolio. Moreover, Hudock Capital Group Llc has 0.02% invested in the company for 2,051 shares. Davis Selected Advisers reported 0.04% in EQT Midstream Partners, LP (NYSE:EQM). Salient Capital Advisors Llc, a Texas-based fund reported 4.19 million shares.

The stock increased 1.56% or $0.42 during the last trading session, reaching $27.37. About 305,904 shares traded. (ENSG) has declined 7.08% since February 21, 2017 and is downtrending. It has underperformed by 11.84% the S&P500.

Analysts await International Business Machines Corporation (NYSE:IBM) to report earnings on April, 17.

In terms of earnings per share, 6 analysts have a 0.20 EPS mean target for the quarter ending Mar-18, for the quarter ending Jun-18, 5 analysts have a 0.29 EPS mean target and for the quarter ending Jun-18 there are 5 estimates of 1.37 EPS. After having $-0.08 EPS previously, R1 RCM Inc.'s analysts see -87.50% EPS growth. This represents a $4.10 dividend on an annualized basis and a yield of 6.59%.


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