Rice Midstream Partners LP (NYSE:RMP) – Stock analysts at US Capital Advisors issued their FY2019 earnings per share (EPS) estimates for Rice Midstream Partners in a research report issued on Thursday. US Capital Advisors analyst B. Followill anticipates that the oil and gas producer will post earnings per share of $1.84 for the year.

RMP has been the subject of several other reports. Scotiabank reaffirmed a “hold” rating on shares of Rice Midstream Partners in a report on Tuesday, October 10th. ValuEngine downgraded Rice Midstream Partners from a “buy” rating to a “hold” rating in a report on Sunday, December 31st. TheStreet raised Rice Midstream Partners from a “c” rating to a “b” rating in a report on Monday, December 18th. Tudor Pickering reissued a “hold” rating on shares of Rice Midstream Partners in a report on Wednesday, December 13th. Finally, Zacks Investment Research downgraded Rice Midstream Partners from a “buy” rating to a “hold” rating in a report on Tuesday, September 19th. One analyst has rated the stock with a sell rating, fifteen have issued a hold rating and three have given a buy rating to the company. Rice Midstream Partners has an average rating of “Hold” and a consensus price target of $21.75.

Shares of Rice Midstream Partners (RMP) traded down $0.26 on Monday, hitting $21.51. 425,100 shares of the stock were exchanged, compared to its average volume of 454,550. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.18. The stock has a market capitalization of $1,582.05, a price-to-earnings ratio of 12.51, a PEG ratio of 0.78 and a beta of 1.26. Rice Midstream Partners has a twelve month low of $16.87 and a twelve month high of $26.42.

Rice Midstream Partners (NYSE:RMP) last announced its quarterly earnings results on Thursday, November 2nd. The oil and gas producer reported $0.48 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.37 by $0.11. The company had revenue of $81.70 million for the quarter, compared to analyst estimates of $65.25 million. Rice Midstream Partners had a net margin of 59.24% and a return on equity of 13.59%. The firm’s revenue was up 98.8% on a year-over-year basis. During the same period in the prior year, the firm posted $0.30 earnings per share.

A number of institutional investors have recently added to or reduced their stakes in the stock. Atlantic Trust Group LLC lifted its position in Rice Midstream Partners by 45.1% during the 3rd quarter. Atlantic Trust Group LLC now owns 2,341,401 shares of the oil and gas producer’s stock worth $49,029,000 after acquiring an additional 727,930 shares in the last quarter. Neuberger Berman Group LLC raised its position in shares of Rice Midstream Partners by 30.2% in the 3rd quarter. Neuberger Berman Group LLC now owns 276,217 shares of the oil and gas producer’s stock valued at $5,784,000 after purchasing an additional 63,992 shares in the last quarter. Allianz Asset Management GmbH bought a new stake in shares of Rice Midstream Partners in the 3rd quarter valued at approximately $384,000. Grisanti Capital Management LLC bought a new stake in shares of Rice Midstream Partners in the 3rd quarter valued at approximately $1,334,000. Finally, HITE Hedge Asset Management LLC bought a new stake in shares of Rice Midstream Partners in the 3rd quarter valued at approximately $3,254,000.

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Rice Midstream Partners Company Profile

Rice Midstream Partners LP owns, operates, develops and acquires midstream assets in the Appalachian Basin. The Company’s segments are gathering and compression, and water services. The gathering and compression segment provides natural gas gathering and compression services for Rice Energy Inc (Rice Energy) and third parties in the Appalachian Basin.

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