Rice Midstream Partners LP (RMP) EPS Estimated At $0.36

October 13, 2017 - By Vivian Currie

 Rice Midstream Partners LP (RMP) EPS Estimated At $0.36

Investors wait Rice Midstream Partners LP (NYSE:RMP) to report on November, 1. its quarterly earnings Wall Street analysts expect $0.36 earnings per share, up $0.06 or 20.00 % from last year’s $0.3 same quarter earnings. This translates into $36.83 million profit for RMP giving the stock a 14.80 P/E. This is assuming the current $0.36 EPS is accurate. Rice Midstream Partners LP’s Wall Street analysts see -14.29 % negative EPS growth, taking into account the $0.42 EPS reproted in the previous quarter, 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. The stock of Rice Midstream Partners LP (NYSE:RMP) has “Buy” rating given on Friday, May 6 by Stifel Nicolaus. The stock of Rice Midstream Partners LP (NYSE:RMP) earned “Hold” rating by RBC Capital Markets on Sunday, October 1. The stock of Rice Midstream Partners LP (NYSE:RMP) has “Hold” rating given on Monday, June 19 by Suntrust Robinson. Howard Weil upgraded it to “Sector Outperform” rating and $19 target in Tuesday, December 15 report. Goldman Sachs reinitiated the shares of RMP in report on Monday, November 7 with “Buy” rating. RBC Capital Markets maintained the stock with “Hold” rating in Sunday, August 27 report. The stock of Rice Midstream Partners LP (NYSE:RMP) earned “Sector Perform” rating by Howard Weil on Monday, June 26. The stock has “Buy” rating by Stifel Nicolaus on Thursday, March 17. The firm has “Buy” rating given on Tuesday, October 10 by BMO Capital Markets. The rating was downgraded by Goldman Sachs to “Not Rated” on Wednesday, September 28.

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 Energy To Accelerate Dropdown To Rice Midstream Partners” published on May 18, 2017, Seekingalpha.com published: “Rice Midstream Partners: Welcome The Dropdown” on April 27, 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 Nasdaq.com‘s news article titled: “Rice Midstream Partners LP (RMP) Ex-Dividend Date Scheduled for May 05, 2017” with publication date: May 04, 2017.

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