Cypress Energy Partners (NYSE:CELP) will announce its earnings results after the market closes on Sunday, May 12th.
Cypress Energy Partners (NYSE:CELP) last announced its quarterly earnings data on Monday, March 18th. The oil and gas company reported $0.13 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.19 by ($0.06). The firm had revenue of $88.89 million during the quarter, compared to the consensus estimate of $75.20 million. Cypress Energy Partners had a net margin of 3.62% and a return on equity of 117.70%. On average, analysts expect Cypress Energy Partners to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Cypress Energy Partners stock remained flat at $$7.10 during midday trading on Thursday. The company had a trading volume of 101 shares, compared to its average volume of 15,691. The company has a debt-to-equity ratio of 7.62, a quick ratio of 2.98 and a current ratio of 2.98. The company has a market capitalization of $84.58 million, a price-to-earnings ratio of 9.86 and a beta of 1.77. Cypress Energy Partners has a 1 year low of $5.36 and a 1 year high of $8.50.
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 15th. Investors of record on Wednesday, May 8th will be issued a $0.21 dividend. This represents a $0.84 annualized dividend and a yield of 11.83%. The ex-dividend date is Tuesday, May 7th. Cypress Energy Partners’s dividend payout ratio is currently 116.67%.
Several analysts recently weighed in on CELP shares. ValuEngine raised Cypress Energy Partners from a “sell” rating to a “hold” rating in a report on Monday, February 4th. Zacks Investment Research raised Cypress Energy Partners from a “hold” rating to a “buy” rating and set a $7.75 price objective for the company in a report on Thursday, January 10th.
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About Cypress Energy Partners
Cypress Energy Partners, L.P. provides pipeline inspection and integrity, and water and environmental services in North America. The company operates in three segments: Pipeline Inspection Services, Pipeline & Process Services, and Water and Environmental Services. The Pipeline Inspection Services segment offers independent inspection services for various facilities and equipment, such as transmission pipelines; oil and natural gas gathering systems; pump, compressor, measurement, and regulation stations; storage facilities and terminals; and gas distribution systems.
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