Cypress Energy Partners (CELP) Announces Quarterly Results
Cypress Energy Partners (NASDAQ:CELP) released its earnings data on Thursday. The company reported $0.31 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.32 by $0.01, AR Network reports. The company had revenue of $93.70 million for the quarter, compared to the consensus estimate of $103.96 million.
Shares of Cypress Energy Partners (NASDAQ:CELP) traded up 0.55% during mid-day trading on Thursday, hitting $23.83. 18,257 shares of the company’s stock traded hands. Cypress Energy Partners has a one year low of $19.55 and a one year high of $26.00. The stock’s 50-day moving average is $23.32 and its 200-day moving average is $23.2. The company has a market cap of $281.8 million and a price-to-earnings ratio of 26.42.
The company also recently declared a quarterly dividend, which is scheduled for Thursday, August 14th. Investors of record on Friday, August 8th will be given a dividend of $0.3968 per share. This represents a $1.59 dividend on an annualized basis and a yield of 6.70%. The ex-dividend date of this dividend is Wednesday, August 6th.
Cypress Energy Partners, L.P is a limited partnership that provides saltwater disposal and other water and environmental services to United States onshore oil and natural gas producers and trucking companies.
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