CNX Midstream Partners LP (CNXM) Files 10-K for the Fiscal Year Ended on December 31, 2019

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Feb 11, 2020
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CNX Midstream Partners LP (CNXM, Financial)(30-Year Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2019. CNX Midstream Partners LP owns, operates, develops and acquires natural gas gathering and other midstream energy assets in the Marcellus Shale in Pennsylvania and West Virginia. CNX Midstream Partners LP has a market cap of $1.27 billion; its shares were traded at around $14.10 with a P/E ratio of 5.78 and P/S ratio of 2.93. The dividend yield of CNX Midstream Partners LP stocks is 11.16%. CNX Midstream Partners LP had annual average EBITDA growth of 19.20% over the past five years.

For the last quarter CNX Midstream Partners LP reported a revenue of $81.5 million, compared with the revenue of $70.82 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $305.8 million, an increase of 19.1% from last year. For the complete 30-year financial data, please go here.. For the last five years CNX Midstream Partners LP had an average revenue growth rate of 15.2% a year.

The reported diluted earnings per share was $2.44 for the year, an increase of 29.1% from previous year. Over the last five years CNX Midstream Partners LP had an EPS growth rate of 43.5% a year. The CNX Midstream Partners LP enjoyed an operating margin of 69.6%, compared with the operating margin of 64.33% a year before. The 10-year historical median operating margin of CNX Midstream Partners LP is 58.28%. The profitability rank of the company is 8 (out of 10).

At the end of the fiscal year, CNX Midstream Partners LP has the cash and cash equivalents of $0.03 million, compared with $3.97 million in the previous year. The long term debt was $705.9 million, compared with $477.2 million in the previous year. The interest coverage to the debt is 7. CNX Midstream Partners LP has a financial strength rank of 3 (out of 10).

At the current stock price of $14.10, CNX Midstream Partners LP is traded at 37.1% discount to its historical median P/S valuation band of $22.40. The P/S ratio of the stock is 2.93, while the historical median P/S ratio is 4.67. The stock gained 2.75% during the past 12 months.

For the complete 20-year historical financial data of CNXM, click here.