Mid-Con Energy Partners LP (Nasdaq:MCEP) Lowers The 52 Week Low

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Mid-Con Energy Partners LP (Nasdaq:MCEP)

December 7th, 2018
Mid-Con Energy Partners LP fell $0.02 Thursday which equals a 1.56% drop, closing at $0.98. As well as the drop in value, Mid-Con Energy Partners LP hit a new 52 week low of $0.95.

MCEP outperformed the rest of the Energy sector which went down just 1.77% today.

Expectations from 1 analyst points to the possibility that Mid-Con Energy Partners LP might go up significantly (21%), while Finbox has calculated (with very high uncertainty) a fair value price of $0.69.

Market Sectors

The market sectors were mixed Friday with a majority of the sectors trending down. Real Estate saw the biggest increase of the day (2.66%), while Energy saw the biggest drop (1.77%). Healthcare has seen the biggest year-to-date gain at 12%. The biggest loss this year has been the Materials sector falling 12%.

Communication Services saw the biggest turnaround from its 5-day performance of -1.28%, as it went up 1.04%. Utilities saw a turn around from its 5-day performance of 2.33% trading down 0.10%.

Sector Breakdown

  • Real Estate went up with a 2.66% change.
  • Communication Services went up with a 1.04% change.
  • Consumer Discretionary went up with a 0.61% change.
  • Information Technology went up with a 0.23% change.
  • Utilities went down with a -0.10% change.
  • Consumer Staples went down with a -0.10% change.
  • Healthcare went down with a -0.31% change.
  • Industrials went down with a -0.55% change.
  • Materials went down with a -1.36% change.
  • Financials went down with a -1.44% change.
  • Energy went down with a -1.77% change.

Mid-Con Energy Partners LP Info

Mid-Con Energy Partners, LP engages in the ownership, acquisition, and development of producing oil and natural gas properties in North America. The company’s properties are primarily located in the Mid-Continent and Permian Basin regions of the United States in Oklahoma and Texas. As of December 31, 2017, its total estimated proved reserves of approximately 19.6 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 Tulsa, Oklahoma.

All amounts in USD unless otherwise indicated
MCEP daily update

MCEP daily update
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