CNXM: CNX Midstream Partners LP - Summary | Jitta

CNX Midstream Partners LP

NYSE:CNXM

Price
$9.16
Loss Chance
42.7%
6.25JITTA SCORE
73.87%Under Jitta Line
Jitta Ranking
25 / 254
482 / 4,159
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HISTORICAL JITTA SCORE
Jitta Factors
Growth Opportunity (74)
Recent Business Performance (69)
Financial Strength (59)
Return to Shareholders (68)
Competitive Advantage (62)
Jitta Signs
Revenue and EarningConsistent Growth in the past 5 years
Operating MarginExpansion
Return on EquityConsistently High
Dividend PayoutIncreasing Every Year
Interest Coverage RatioVery Good
SG&A to SalesDecreasing
Cash Conversion CycleLess than 30 days
Recent Business PerformanceEarning decline 39.92% in the last quarter (yoy)
Key Stats
Jitta Score
Jitta Line
6.25
73.87%
3.23
70.02%
Oil and Gas Storage and Transportation
4.13
99.41%
6.10
62.19%
4.46
11.86%
COMPANY DESCRIPTION
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. CNX Midstream Partners LP operates as subsidiary of CNX Resources Corporation.