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New Source Energy Partners (NASDAQ:NSLP) released its earnings data on Wednesday. The company reported $0.39 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.27 by $0.12, AnalystRatings.NET reports.

Shares of New Source Energy Partners (NASDAQ:NSLP) opened at 26.24 on Wednesday. New Source Energy Partners has a 52 week low of $19.65 and a 52 week high of $28.13. The stock has a 50-day moving average of $25.31 and a 200-day moving average of $23.93. The company has a market cap of $413.1 million and a P/E ratio of 10.38.

The company also recently announced a quarterly dividend, which is scheduled for Friday, August 15th. Investors of record on Friday, August 1st will be paid a dividend of $0.585 per share. This represents a $2.34 annualized dividend and a dividend yield of 8.92%. The ex-dividend date is Wednesday, July 30th. This is an increase from New Source Energy Partners’s previous quarterly dividend of $0.58.

Several analysts have recently commented on the stock. Analysts at Robert W. Baird raised their price target on shares of New Source Energy Partners from $27.00 to $31.00 in a research note on Wednesday, July 30th. They now have an “outperform” rating on the stock. Analysts at Wunderlich reiterated a “buy” rating on shares of New Source Energy Partners in a research note on Friday, June 27th. They now have a $28.00 price target on the stock, up previously from $25.00.

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

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