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How to buy CNX Midstream Partners (CNXM) stocks in Canada

Learn how to easily invest in CNX Midstream Partners stocks.

CNX Midstream Partners is an oil & gas midstream business based in the US. CNX Midstream Partners stocks (CNXM.US) are listed on the NYSE and all prices are listed in US Dollars. CNX Midstream Partners employs 0 staff and has a trailing 12-month revenue of around $301.7 million.

How to buy shares in CNX Midstream Partners

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – CNXM – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

Is it a good time to buy CNX Midstream Partners stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

CNX Midstream Partners stock price (NYSE:CNXM)

Use our graph to track the performance of CNXM stocks over time.

CNX Midstream Partners shares at a glance

Information last updated 2021-01-23.
52-week range$0.00 - $0.00
50-day moving average $9.55
200-day moving average $8.38
Wall St. target price$8.00
PE ratio 4.2018
Dividend yield $2 (21.83%)
Earnings per share (TTM) $2.09

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Is CNX Midstream Partners under- or over-valued?

Valuing CNX Midstream Partners stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of CNX Midstream Partners's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

CNX Midstream Partners's P/E ratio

CNX Midstream Partners's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 4x. In other words, CNX Midstream Partners shares trade at around 4x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

CNX Midstream Partners's EBITDA

CNX Midstream Partners's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $235.4 million.

The EBITDA is a measure of a CNX Midstream Partners's overall financial performance and is widely used to measure a its profitability.

CNX Midstream Partners financials

Revenue TTM $301.7 million
Operating margin TTM 68.54%
Gross profit TTM $267 million
Return on assets TTM 10.92%
Return on equity TTM 44.15%
Profit margin 54.07%
Book value $3.19
Market capitalisation $822.6 million

TTM: trailing 12 months

CNX Midstream Partners share dividends

64%

Dividend payout ratio: 64.1% of net profits

Recently CNX Midstream Partners has paid out, on average, around 64.1% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 21.83% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), CNX Midstream Partners shareholders could enjoy a 21.83% return on their shares, in the form of dividend payments. In CNX Midstream Partners's case, that would currently equate to about $2 per share.

CNX Midstream Partners's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

CNX Midstream Partners's most recent dividend payout was on 13 August 2020. The latest dividend was paid out to all shareholders who bought their shares by 5 August 2020 (the "ex-dividend date").

CNX Midstream Partners share price volatility

Over the last 12 months, CNX Midstream Partners's shares have ranged in value from as little as $0 up to $0. A popular way to gauge a stock's volatility is its "beta".

CNXM.US volatility(beta: 1.13)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while CNX Midstream Partners's is 1.1265. This would suggest that CNX Midstream Partners's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

CNX Midstream Partners overview

CNX Midstream Partners LP owns, operates, develops, and acquires natural gas gathering and other midstream energy assets in the Marcellus Shale and Utica Shale in Pennsylvania and West Virginia. The company operates through two segments, Anchor Systems and Additional Systems. As of December 31, 2019, the company operated 18 compression and dehydration facilities. It also operates condensate handling facilities with handling capacities of 2,500 barrels per day in Majorsville, Shirley, and West Virginia that provide condensate gathering, collection, separation, and stabilization services. CNX Midstream GP LLC serves as a general partner of the company. The company was formerly known as CONE Midstream Partners LP and changed its name to CNX Midstream Partners LP in January 2018. CNX Midstream Partners LP was founded in 2014 and is based in Canonsburg, Pennsylvania.

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CNX Midstream Partners in the news

There are no recent company news
Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs and forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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