Analysts See $0.36 EPS for Rice Midstream Partners LP (RMP)

October 13, 2017 - By Stephen Andrade

 Analysts See $0.36 EPS for Rice Midstream Partners LP (RMP)

Analysts await Rice Midstream Partners LP (NYSE:RMP) to report earnings on November, 1. They expect $0.36 EPS, up 20.00 % or $0.06 from last year’s $0.3 per share. RMP’s profit will be $36.83 million for 14.80 P/E if the $0.36 EPS becomes a reality. After $0.42 actual EPS reported by Rice Midstream Partners LP for the previous quarter, Wall Street now forecasts -14.29 % negative EPS growth. The stock decreased 1.11% or $0.24 during the last trading session, reaching $21.31. About 324,840 shares traded. Rice Midstream Partners LP (NYSE:RMP) has risen 42.06% since October 14, 2016 and is uptrending. It has outperformed by 25.36% the S&P500.

Rice Midstream Partners LP (NYSE:RMP) Ratings Coverage

Among 10 analysts covering Rice Midstream Partners (NYSE:RMP), 2 have Buy rating, 0 Sell and 8 Hold. Therefore 20% are positive. Rice Midstream Partners had 32 analyst reports since August 7, 2015 according to SRatingsIntel. RBC Capital Markets maintained the stock with “Hold” rating in Sunday, July 23 report. Johnson Rice initiated the shares of RMP in report on Thursday, March 23 with “Accumulate” rating. The stock has “Hold” rating by Stifel Nicolaus on Thursday, August 24. The rating was maintained by BMO Capital Markets with “Buy” on Thursday, August 10. Howard Weil maintained Rice Midstream Partners LP (NYSE:RMP) rating on Tuesday, October 11. Howard Weil has “Sector Outperform” rating and $29 target. The rating was maintained by RBC Capital Markets with “Outperform” on Friday, August 7. On Monday, June 26 the stock rating was downgraded by Scotia Capital to “Hold”. The stock of Rice Midstream Partners LP (NYSE:RMP) earned “Hold” rating by Suntrust Robinson on Monday, June 19. Howard Weil downgraded Rice Midstream Partners LP (NYSE:RMP) on Monday, June 26 to “Sector Perform” rating. The company was maintained on Sunday, October 1 by RBC Capital Markets.

Rice Midstream Partners LP owns, operates, develops and acquires midstream assets in the Appalachian Basin. The company has market cap of $2.18 billion. The Company’s divisions are gathering and compression, and water services. It has a 15.19 P/E ratio. The gathering and compression segment provides natural gas gathering and compression services for Rice Energy Inc. and third parties in the Appalachian Basin.

More notable recent Rice Midstream Partners LP (NYSE:RMP) news were published by: Seekingalpha.com which released: “Rice Midstream Partners Should Continue To Grow Despite EQT Acquisition Of …” on June 30, 2017, also Seekingalpha.com with their article: “Rice Midstream -29% in the wake of EQT’s takeover of Rice Energy” published on June 19, 2017, Nasdaq.com published: “Rice Midstream Partners LP (RMP) Ex-Dividend Date Scheduled for May 05, 2017” on May 04, 2017. More interesting news about Rice Midstream Partners LP (NYSE:RMP) were released by: Seekingalpha.com and their article: “Rice Midstream Partners Plans To Triple Distribution” published on December 13, 2016 as well as Seekingalpha.com‘s news article titled: “Rice Energy To Accelerate Dropdown To Rice Midstream Partners” with publication date: May 18, 2017.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.