SRC Energy Inc. (SRCI) Analysts See $0.23 EPS; Shell Midstream Partners LP (SHLX) Shorts Raised By 7.02%

February 15, 2018 - By Henry Gaston

Analysts expect SRC Energy Inc. (NYSEAMERICAN:SRCI) to report $0.23 EPS on February, 22.They anticipate $0.20 EPS change or 666.67% from last quarter’s $0.03 EPS. SRCI’s profit would be $55.51M giving it 9.67 P/E if the $0.23 EPS is correct. After having $0.22 EPS previously, SRC Energy Inc.’s analysts see 4.55% EPS growth. The stock increased 3.25% or $0.28 during the last trading session, reaching $8.9. About 2.07M shares traded. SRC Energy Inc. (NYSEAMERICAN:SRCI) has risen 26.63% since February 15, 2017 and is uptrending. It has outperformed by 9.93% the S&P500.

Shell Midstream Partners LP (NYSE:SHLX) had an increase of 7.02% in short interest. SHLX’s SI was 2.81M shares in February as released by FINRA. Its up 7.02% from 2.62M shares previously. With 495,400 avg volume, 6 days are for Shell Midstream Partners LP (NYSE:SHLX)’s short sellers to cover SHLX’s short positions. The stock decreased 0.69% or $0.18 during the last trading session, reaching $25.86. About 513,302 shares traded. Shell Midstream Partners, L.P. (NYSE:SHLX) has declined 5.89% since February 15, 2017 and is downtrending. It has underperformed by 22.59% the S&P500.

SRC Energy Inc. engages in the acquisition, development, and production of oil and natural gas properties primarily located in the Denver-Julesburg Basin in Colorado. The company has market cap of $2.15 billion. As of December 31, 2016, it had approximately 332,400 net acres under lease, which are located in the Wattenberg Field of the Denver-Julesburg Basin; and operated 288 net producing wells. It has a 18.43 P/E ratio. The firm was formerly known as Synergy Resources Corporation and changed its name to SRC Energy Inc. in March 2017.

Shell Midstream Partners, L.P. owns, operates, develops, and acquires pipelines and other midstream assets in the United States. The company has market cap of $5.79 billion. The firm owns interests in four crude oil pipeline systems and two refined products pipeline systems, as well as a crude tank storage and terminal system. It has a 20.48 P/E ratio. The Company’s crude oil pipeline systems include approximately 350 miles of Zydeco pipeline system from Houston to St.

Among 9 analysts covering Shell Midstream Partners (NYSE:SHLX), 6 have Buy rating, 0 Sell and 3 Hold. Therefore 67% are positive. Shell Midstream Partners had 24 analyst reports since July 2, 2015 according to SRatingsIntel. The firm earned “Equal-Weight” rating on Thursday, June 16 by Morgan Stanley. RBC Capital Markets maintained the stock with “Buy” rating in Tuesday, January 16 report. As per Thursday, July 13, the company rating was maintained by Stifel Nicolaus. The firm earned “Equal-Weight” rating on Friday, November 17 by Morgan Stanley. The firm earned “Overweight” rating on Thursday, July 2 by Barclays Capital. Stifel Nicolaus maintained the shares of SHLX in report on Wednesday, November 29 with “Buy” rating. The firm has “Buy” rating by RBC Capital Markets given on Sunday, August 20. As per Thursday, September 14, the company rating was maintained by Stifel Nicolaus. The firm has “Outperform” rating given on Monday, May 2 by RBC Capital Markets. The rating was initiated by Stifel Nicolaus with “Buy” on Thursday, August 18.

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