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CONE Midstream Partners (CNNX) in Focus: Stock Rises 6.8%
CONE Midstream Partners LP was a big mover last session, as the partnership saw its units rise almost 7% on the day. The move came on solid volume with far more units changing hands than in a normal session. This breaks the recent trend of the partnership, as the stock is now trading above the volatile price range of $17.85 to $20.28 in the past one-month time frame.
In the last 30 days, the partnership has seen no estimate revision and the Zacks Consensus Estimate also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
CONE Midstream Partners currently sports a Zacks Rank #1 (Strong Buy) while its Earnings ESP is positive.
CONE MIDSTREAM Price
CONE MIDSTREAM Price | CONE MIDSTREAM Quote
Another well-ranked Oil/Gas Production Pipeline MLP stock is Archrock Partners, L.P. , which sports the same Zacks Rank as CONE Midstream Partners. You can see the complete list of today’s Zacks #1 Rank stocks here.
Is CNNX going up? Or down? Predict to see what others think: Up or Down
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