It operates through three segments: Pipeline Inspection Services (PIS), which provides independent inspection services to various energy, public utility and pipeline companies in both the United States and Canada; Integrity Services (IS), which provides hydrostatic testing services to natural gas and petroleum companies and pipeline construction companies of newly constructed and existing natural gas and petroleum pipelines, and Water and Environmental Services (W&ES), which provides SWD services to oil and natural gas producers and trucking companies.
02/27/2015 - Cypress Energy Partners LP was upgraded to "neutral" by analysts at Zacks.
Several other research firms have also recently commented on CELP. TheStreet raised shares of Cypress Energy Partners from a d+ rating to a c rating in a report on Tuesday, January 17th.
Amid volatile financial markets and the presidential election, various investment brokerages have made amendments to their price targets and ratings on shares of Cypress Energy Partners LP (NYSE:CELP). These analysts and investment firms use various valuation methods to decide a price target for a stock. The new target price indicates a possible upside of 0.08% based on the company's last stock close price.
Cypress Energy Partners, L.P. (CELP) now has a consensus Price Target of $11.83. Given that its average daily volume over the 30 days has been 0.05 million shares a day, this signifies a pretty significant change over the norm.
On 7/27/2016 Cypress Energy Partners LP announced a quarterly dividend of $0.41 14.51% with an ex dividend date of 8/3/2016 which will be payable on 8/12/2016. The stock has a market cap of $106.84 million, a P/E ratio of 231.03 and a beta of 1.39. In order to determine directional movement, the 50-day and 200-day moving averages for Cypress Energy Partners, L.P. (NYSE:CELP) are $12.58 and $10.72.
Cypress Energy Partners (NYSE:CELP) last released its earnings results on Wednesday, March 15th. The company reported $0.19 EPS for the quarter, missing analysts' consensus estimates of $0.19 by $0.00.
03/31/2015 - Cypress Energy Partners LP was downgraded to " by analysts at Wunderlich.
08/15/2016 - Cypress Energy Partners LP was downgraded to " by analysts at Raymond James.
An institutional investor recently bought a new position in Cypress Energy Partners stock. Renaissance Technologies LLC raised its stake in Cypress Energy Partners LP (NYSE:CELP) by 203.9% during the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 17,842 shares of the company's stock, valued at approximately $174,000. Wedbush Securities Inc. owned 0.15% of Cypress Energy Partners at the end of the most recent reporting period. Institutional investors and hedge funds own 4.30% of the company's stock.
Baird Downgrades Cypress Energy Partners, L.P. (CELP) to Neutral with a price target of $6.