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New Source Energy Partners LP (NASDAQ:NSLP) was upgraded by Zacks from an “underperform” rating to a “neutral” rating in a report released on Tuesday, AnalystRatingsNetwork reports. The firm currently has a $25.10 price target on the stock. Zacks‘ price target suggests a potential upside of 4.50% from the stock’s previous close.

Shares of New Source Energy Partners LP (NASDAQ:NSLP) traded up 0.86% on Tuesday, hitting $24.74. 25,057 shares of the company’s stock traded hands. New Source Energy Partners LP has a one year low of $19.19 and a one year high of $25.00. The stock’s 50-day moving average is $23.23 and its 200-day moving average is $21.66. The company has a market cap of $281.9 million and a price-to-earnings ratio of 383.28.

New Source Energy Partners LP (NASDAQ:NSLP) last announced its earnings results on Thursday, November 14th. The company reported ($0.22) earnings per share for the quarter, missing the analysts’ consensus estimate of $0.36 by $0.58. Analysts expect that New Source Energy Partners LP will post $0.52 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Friday, February 14th. Shareholders of record on Friday, January 31st will be given a dividend of 0.575 per share. This represents a $2.30 dividend on an annualized basis and a yield of 9.58%. The ex-dividend date of this dividend is Wednesday, January 29th.

New Source Energy Partners L.P. is engaged in the acquiring oil and natural gas properties in the United States.

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