Somewhat Negative News Coverage Somewhat Unlikely to Impact Midcoast Energy Partners (MEP) Share Price

Media headlines about Midcoast Energy Partners (NYSE:MEP) have trended somewhat negative recently, according to Accern Sentiment Analysis. The research firm identifies negative and positive media coverage by monitoring 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 nearest to one being the most favorable. Midcoast Energy Partners earned a coverage optimism score of -0.08 on Accern’s scale. Accern also assigned headlines about the oil and gas producer an impact score of 45.7421420376936 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

Shares of NYSE:MEP traded down $0.05 during trading hours on Friday, reaching $7.95. 145,300 shares of the company traded hands, compared to its average volume of 184,267. The company has a quick ratio of 0.40, a current ratio of 0.62 and a debt-to-equity ratio of 0.22. Midcoast Energy Partners has a fifty-two week low of $5.30 and a fifty-two week high of $9.89.

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Midcoast Energy Partners Company Profile

Midcoast Energy Partners, L.P. (MEP) is a limited partnership company that is engaged in the natural gas and natural gas liquids (NGL) midstream business. It operates through two segments: Gathering, Processing and Transportation, and Logistics and Marketing. It also provides marketing services of natural gas and NGLs to wholesale customers.

Insider Buying and Selling by Quarter for Midcoast Energy Partners (NYSE:MEP)

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