Mid-Con Energy Partners LP (NASDAQ:MCEP) was the recipient of a significant decrease in short interest during the month of August. As of August 31st, there was short interest totalling 54,400 shares, a decrease of 63.7% from the July 31st total of 150,000 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average trading volume of 261,800 shares, the days-to-cover ratio is currently 0.2 days.
Shares of NASDAQ:MCEP traded up $0.01 during midday trading on Friday, reaching $0.41. 4,191 shares of the company were exchanged, compared to its average volume of 128,822. The company has a current ratio of 1.27, a quick ratio of 1.27 and a debt-to-equity ratio of 1.10. The business’s fifty day moving average is $0.42 and its two-hundred day moving average is $0.61. Mid-Con Energy Partners has a one year low of $0.33 and a one year high of $1.64. The stock has a market cap of $12.61 million, a PE ratio of 2.00 and a beta of 1.75.
Mid-Con Energy Partners (NASDAQ:MCEP) last issued its earnings results on Wednesday, July 31st. The oil and gas producer reported $0.07 earnings per share for the quarter. Mid-Con Energy Partners had a negative net margin of 0.93% and a positive return on equity of 35.24%. The firm had revenue of $20.93 million during the quarter.
About Mid-Con Energy Partners
Mid-Con Energy Partners, LP engages in the acquisition, ownership, and development of producing oil and natural gas properties in North America. The company's properties are primarily located in the Mid-Continent, Permian, Big Horn, and Powder River Basin regions of the United States in Oklahoma, Texas, and Wyoming areas.
Receive News & Ratings for Mid-Con Energy Partners Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mid-Con Energy Partners and related companies with MarketBeat.com's FREE daily email newsletter.