Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $3.12 USD
Change Today -0.35 / -10.09%
Volume 210.4K
MCEP On Other Exchanges
Symbol
Exchange
NASDAQ GS
As of 8:10 PM 07/31/15 All times are local (Market data is delayed by at least 15 minutes).

mid-con energy partners lp (MCEP) Snapshot

Open
$3.43
Previous Close
$3.47
Day High
$3.44
Day Low
$3.11
52 Week High
08/12/14 - $23.10
52 Week Low
07/23/15 - $3.01
Market Cap
92.5M
Average Volume 10 Days
244.9K
EPS TTM
$1.85
Shares Outstanding
29.7M
EX-Date
08/4/15
P/E TM
1.7x
Dividend
$0.50
Dividend Yield
41.03%
Current Stock Chart for MID-CON ENERGY PARTNERS LP (MCEP)

Related News

No related news articles were found.

mid-con energy partners lp (MCEP) Related Businessweek News

No Related Businessweek News Found

mid-con energy partners lp (MCEP) Details

Mid-Con Energy Partners, LP acquires, explores, develops, and produces oil and natural gas properties in North America. The company’s properties are located in the Southern Oklahoma, Northeastern Oklahoma, parts of Oklahoma and Colorado within the Hugoton, West Texas within the Eastern Shelf of the Permian, and upper Texas Gulf Coast in the Mid-Continent region of the United States. It owns 81% working interest in 715 net producing wells, 236 net injection wells, and 249 net wells shut-in or waiting on completion. As of December 31, 2014, the company’s total estimated proved reserves were approximately 23.2 million barrel of oil equivalent. Mid-Con Energy GP, LLC serves as the general partner of Mid-Con Energy Partners, LP. The company was founded in 2011 and is headquartered in Dallas, Texas.

mid-con energy partners lp (MCEP) Top Compensated Officers

Chief Executive Officer of Mid-Con Energy Gp,...
Total Annual Compensation: $625.1K
Executive Chairman of the Board of Mid-Con En...
Total Annual Compensation: $393.2K
Chief Financial Officer of Mid-Con Energy GP ...
Total Annual Compensation: $128.6K
Vice President of Business Development of Mid...
Total Annual Compensation: $199.8K
Compensation as of Fiscal Year 2014.

mid-con energy partners lp (MCEP) Key Developments

Mid-Con Energy Partners, LP Announces Cash Distribution for the Quarter Ended June 30, 2015, Payable on August 13, 2015

Mid-Con Energy Partners, LP announced that the Board of Directors of its General Partner has approved a cash distribution for the quarter ended June 30, 2015, of $0.125 per unit, or $0.50 per unit on an annualized basis. The distribution will be payable August 13, 2015, to unitholders of record at the close of business on August 6, 2015.

Mid-Con Energy Partners, LP Presents at Oppenheimer Energy 1-on-1 Conference, Jun-09-2015

Mid-Con Energy Partners, LP Presents at Oppenheimer Energy 1-on-1 Conference, Jun-09-2015 . Venue: The Sofitel Hotel, New York, New York, United States.

Mid-Con Energy Partners, LP Reports Unaudited Consolidated Earnings and Operating Results for the First Quarter Ended March 31, 2015

Mid-Con Energy Partners, LP reported unaudited consolidated earnings and operating results for the first quarter ended March 31, 2015. For the quarter, the company reported total revenues of $19,215,000 against $19,759,000 a year ago. Loss from operations was $2,388,000 against income from operations of $2,366,000 a year ago. Net loss was $4,112,000 against net income of $1,561,000 a year ago. Limited partners' interest in net loss was $4,062,000 or $0.14 per basic and diluted share against limited partners' interest in net income of $1,533,000 or $0.08 per basic and diluted share a year ago. Net cash provided by operating activities was $8,283,000 against $11,850,000 a year ago. Additions to oil and gas properties were $5,376,000 against $6,393,000 a year ago. Adjusted EBITDA was $7,331,000 against $12,722,000 a year ago. Distributable cash flow was $3,198,000 against $10,099,000 a year ago. Total operating revenues were a 24.6% decrease from the previous quarter and a 5.6% increase from the first quarter of 2014.  The negative sequential variance was attributable to 14.1% higher daily production offset by 32.5% lower prices.  For the quarter, production for the first quarter of 2015 was 412 Mboe, or 4,578 Boe/d.  On a daily basis, this represents a 14.1% increase from the fourth quarter of 2014 and a 74.6% increase year-over-year.  The increase in sequential and year-over-year volumes was primarily due to acquisitions completed in 2014 and production growth in Northeastern Oklahoma and the Permian core areas.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
MCEP:US $3.12 USD -0.35

MCEP Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Emerald Oil Inc $1.69 USD +0.01
LRR Energy LP $5.29 USD -0.56
PostRock Energy Corp $2.17 USD -0.039
PrimeEnergy Corp $56.00 USD -2.25
Sanchez Production Partners LP $1.65 USD -0.03
View Industry Companies
 

Industry Analysis

MCEP

Industry Average

Valuation MCEP Industry Range
Price/Earnings 4.7x
Price/Sales 1.0x
Price/Book 0.4x
Price/Cash Flow 2.2x
TEV/Sales NM Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact MID-CON ENERGY PARTNERS LP, please visit www.midconenergypartners.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.