News stories about Cypress Energy Partners (NYSE:CELP) have been trending somewhat positive on Wednesday, Accern Sentiment reports. The research group identifies negative and positive press coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Cypress Energy Partners earned a daily sentiment score of 0.11 on Accern’s scale. Accern also assigned media headlines about the oil and gas company an impact score of 45.7904647443962 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
CELP traded down $0.33 during trading hours on Wednesday, hitting $7.61. The stock had a trading volume of 800 shares, compared to its average volume of 17,368. Cypress Energy Partners has a 1 year low of $5.50 and a 1 year high of $8.50. The firm has a market cap of $85.61 million, a P/E ratio of 15.22 and a beta of 1.59.
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Cypress Energy Partners (NYSE:CELP) last announced its quarterly earnings data on Thursday, May 10th. The oil and gas company reported $0.06 earnings per share for the quarter, missing the consensus estimate of $0.13 by ($0.07). Cypress Energy Partners had a return on equity of 71.49% and a net margin of 2.37%. The firm had revenue of $64.83 million during the quarter, compared to analysts’ expectations of $69.90 million. sell-side analysts predict that Cypress Energy Partners will post 0.51 EPS for the current year.
The business also recently announced a quarterly dividend, which was paid on Tuesday, May 15th. Shareholders of record on Tuesday, May 8th were issued a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a yield of 11.04%. The ex-dividend date was Monday, May 7th. Cypress Energy Partners’s payout ratio is presently 168.00%.
Several brokerages recently weighed in on CELP. Robert W. Baird lifted their price objective on Cypress Energy Partners from $6.00 to $7.00 and gave the stock a “hold” rating in a report on Wednesday, June 6th. Zacks Investment Research lowered Cypress Energy Partners from a “buy” rating to a “hold” rating in a report on Monday, May 21st. Finally, ValuEngine lowered Cypress Energy Partners from a “hold” rating to a “sell” rating in a report on Tuesday, April 3rd.
About Cypress Energy Partners
Cypress Energy Partners, L.P. provides pipeline inspection and integrity, and environmental services in North America. It operates in three segments: Pipeline Inspection Services (PIS), Integrity Services (IS), and Water and Environmental Services (W&ES). The PIS segment offers independent inspection services for various facilities and equipment, such as transmission pipelines, oil and natural gas gathering systems, pump and compressor stations, storage facilities and terminals, and gas distribution systems.