Rex Energy (REXX) Reaches $0.72 52-Week Low; 6 Analysts Covering Dominion Energy Midstream Partners, LP (DM)

April 10, 2018 - By Peter Erickson

Rex Energy Corporation (NASDAQ:REXX) Logo

The stock of Rex Energy Corporation (NASDAQ:REXX) hit a new 52-week low and has $0.68 target or 5.00% below today’s $0.72 share price. The 6 months bearish chart indicates high risk for the $7.12M company. The 1-year low was reported on Apr, 10 by Barchart.com. If the $0.68 price target is reached, the company will be worth $355,900 less. The stock decreased 6.96% or $0.0536 during the last trading session, reaching $0.7164. About 110,119 shares traded. Rex Energy Corporation (NASDAQ:REXX) has declined 81.08% since April 10, 2017 and is downtrending. It has underperformed by 92.63% the S&P500.

Among 15 analysts covering Dominion Midstream Partners LP (NYSE:DM), 6 have Buy rating, 1 Sell and 8 Hold. Therefore 40% are positive. Dominion Midstream Partners LP had 47 analyst reports since July 23, 2015 according to SRatingsIntel. Mizuho initiated Dominion Energy Midstream Partners, LP (NYSE:DM) on Friday, September 30 with “Buy” rating. Morgan Stanley maintained Dominion Energy Midstream Partners, LP (NYSE:DM) on Friday, November 17 with “Underweight” rating. The firm has “Buy” rating given on Sunday, March 18 by Stifel Nicolaus. The company was downgraded on Tuesday, October 31 by Mizuho. Scotia Capital maintained it with “Buy” rating and $35 target in Friday, April 28 report. RBC Capital Markets maintained the stock with “Hold” rating in Wednesday, March 28 report. The stock of Dominion Energy Midstream Partners, LP (NYSE:DM) has “Hold” rating given on Tuesday, July 18 by Barclays Capital. On Thursday, March 22 the stock rating was maintained by Wells Fargo with “Hold”. The rating was maintained by Barclays Capital with “Overweight” on Thursday, August 4. The firm has “Equal-Weight” rating given on Thursday, August 18 by Morgan Stanley. See Dominion Energy Midstream Partners, LP (NYSE:DM) latest ratings:

28/03/2018 Broker: Stifel Nicolaus Rating: Buy New Target: $25.0000 Maintain
28/03/2018 Broker: RBC Capital Markets Rating: Hold New Target: $20.0000 Maintain
27/03/2018 Broker: Citigroup Old Rating: Buy New Rating: Buy Old Target: $35 New Target: $19 Maintain
27/03/2018 Broker: Evercore Old Rating: Outperform New Rating: In-Line Old Target: $36 Downgrade
26/03/2018 Broker: Mizuho Rating: Hold New Target: $20.0000 Maintain
23/03/2018 Broker: Morgan Stanley Old Rating: Underweight New Rating: Equal-Weight Old Target: $31 Upgrade
22/03/2018 Broker: Wells Fargo Rating: Hold New Target: $16.0 Maintain
20/03/2018 Broker: RBC Capital Markets Rating: Hold New Target: $24.0 Maintain
20/03/2018 Broker: Guggenheim Rating: Buy New Target: $28.0 Maintain
19/03/2018 Broker: UBS Rating: Buy New Target: $25.0

Investors sentiment decreased to 0.79 in 2017 Q4. Its down 0.28, from 1.07 in 2017Q3. It turned negative, as 9 investors sold Dominion Energy Midstream Partners, LP shares while 38 reduced holdings. 17 funds opened positions while 20 raised stakes. 35.73 million shares or 5.06% less from 37.63 million shares in 2017Q3 were reported. Spirit Of America Mngmt Corporation reported 2.68% stake. New Jersey-based State Of New Jersey Common Pension Fund D has invested 0.02% in Dominion Energy Midstream Partners, LP (NYSE:DM). 59,174 were reported by Janney Montgomery Scott Lc. Balyasny Asset Ltd Llc holds 0.04% of its portfolio in Dominion Energy Midstream Partners, LP (NYSE:DM) for 395,000 shares. Rockefeller Finance Services Inc owns 1,475 shares. 87,275 are held by A D Beadell Investment Counsel. 52,625 are owned by Northern Tru. Evergreen Ltd invested 0.04% of its portfolio in Dominion Energy Midstream Partners, LP (NYSE:DM). Williams Jones And Assocs Limited Liability Co, New York-based fund reported 22,910 shares. Morgan Stanley invested 0% of its portfolio in Dominion Energy Midstream Partners, LP (NYSE:DM). Citigroup Inc holds 74,035 shares or 0% of its portfolio. Ftb Advsr Incorporated reported 0% in Dominion Energy Midstream Partners, LP (NYSE:DM). California Public Employees Retirement Systems owns 49,900 shares for 0% of their portfolio. Blackrock Inc has invested 0% of its portfolio in Dominion Energy Midstream Partners, LP (NYSE:DM). Diversified Tru has 18,098 shares.

The stock decreased 0.34% or $0.05 during the last trading session, reaching $14.45. About 23,453 shares traded. Dominion Energy Midstream Partners, LP (NYSE:DM) has declined 48.46% since April 10, 2017 and is downtrending. It has underperformed by 60.01% the S&P500.

Dominion Energy Midstream Partners, LP owns liquefied natural gas import, storage, regasification, and transportation assets. The company has market cap of $1.44 billion. It owns and operates LNG facility located on the Chesapeake Bay in Lusby, Maryland; and has approximately 136 miles of natural gas pipeline that connects its LNG facility to interstate natural gas pipelines. It has a 10.55 P/E ratio. The firm also operates an interstate pipeline in South Carolina and southeastern Georgia comprising natural gas system consisting of approximately 1,500 miles of transmission pipeline and 5 compressor stations with approximately 38,700 installed compressor horsepower.

Among 9 analysts covering Rex Energy (NASDAQ:REXX), 0 have Buy rating, 1 Sell and 8 Hold. Therefore 0 are positive. Rex Energy has $5 highest and $0.50 lowest target. $2.07’s average target is 188.94% above currents $0.7164 stock price. Rex Energy had 30 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Monday, August 21 by Northland Capital. The stock of Rex Energy Corporation (NASDAQ:REXX) has “In-Line” rating given on Monday, November 23 by Imperial Capital. On Thursday, September 29 the stock rating was upgraded by Stifel Nicolaus to “Hold”. RBC Capital Markets maintained the shares of REXX in report on Thursday, April 5 with “Hold” rating. The firm has “Hold” rating by Northland Capital given on Monday, September 25. Credit Suisse downgraded the stock to “Underperform” rating in Wednesday, July 22 report. The stock has “Hold” rating by Northland Capital on Monday, December 11. The firm has “Hold” rating by SunTrust given on Thursday, November 16. The firm earned “Buy” rating on Thursday, August 24 by RBC Capital Markets. KLR Group downgraded the shares of REXX in report on Tuesday, January 19 to “Hold” rating.

Dominion Energy Midstream Partners, LP (NYSE:DM) Institutional Positions Chart

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