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Marlin Midstream Partners (NASDAQ:FISH) has been given a consensus recommendation of “Buy” by the nine analysts that are presently covering the company, AnalystRatings.Net reports. One investment analyst has rated the stock with a hold rating and eight have issued a buy rating on the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $21.70.

Separately, analysts at Oppenheimer initiated coverage on shares of Marlin Midstream Partners in a research note on Thursday, July 31st. They set a “buy” rating and a $24.00 price target on the stock.

Marlin Midstream Partners (NASDAQ:FISH) opened at 19.56 on Friday. Marlin Midstream Partners has a 52 week low of $15.93 and a 52 week high of $21.12. The stock’s 50-day moving average is $20.31 and its 200-day moving average is $18.73. The company has a market cap of $351.3 million and a price-to-earnings ratio of 21.75.

Marlin Midstream Partners (NASDAQ:FISH) last issued its quarterly earnings data on Wednesday, July 30th. The company reported $0.36 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.30 by $0.06. The company had revenue of $22.45 million for the quarter, compared to the consensus estimate of $22.34 million. The company’s revenue for the quarter was up 117.5% on a year-over-year basis. On average, analysts predict that Marlin Midstream Partners will post $1.23 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which is scheduled for Tuesday, August 5th. Shareholders of record on Thursday, July 31st will be paid a dividend of $0.36 per share. This represents a $1.44 annualized dividend and a dividend yield of 7.36%. The ex-dividend date is Tuesday, July 29th. This is a positive change from Marlin Midstream Partners’s previous quarterly dividend of $0.36.

Marlin Midstream Partners, LP develops, owns, operates and acquires midstream energy assets. The Company provides natural gas gathering, transportation, treating and processing services and One million cubic feet (NASDAQ:FISH) transportation services, which it refer to as its midstream natural gas business, and crude oil transloading services, which it refer to as its crude oil logistics business.

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