Mid-Con Energy Partners LP Units (MCEP)

[Poundthetable]

Agreed looks good trading sideways for next leg up

[decogold]

Churning really nice in this area

[decogold]

I have no doubt that It will reach a dollar. If that's where the company wants it that's where the company will bring it!! Great start this morning.

[dinogreeves]

Easy a dollar that is where the company wants the share to be.

[decogold]

Wow, another great pick. This one moving better than John W Nordstrom....lol. I imagine this could get to 50 cents and beyond.

[dinogreeves]

MCEP is going to run to $1.00 dollar today or tomorrow.

[ClayTrader]

* * $MCEP Video Chart 08-02-2019 * *

Link to Video - click here to watch the technical chart video

[davidsson10]

MCEP...

44% gain...

Booked and banked...

$MCEP

[ClayTrader]

* * $MCEP Video Chart 08-01-2019 * *

Link to Video - click here to watch the technical chart video

[Jiak]

Some good news :)

[JackHammer1]

Looks like a bttm,might be time to grab some

[Jiak]

.79

[stock1ace1]

Mcep 2.36$

[benfrankledger]

Mid-Con Energy Partners says it sold oil and natural gas assets in its southern Oklahoma core area to Exponent Energy III for $22M.

MCEP also says it hired Sagent Advisors to help explore various financing and strategic alternatives, including potential acquisitions, corporate restructuring and merger opportunities.

MCEP says it is in discussions with lenders on an extension to its revolving credit facility as part of its review of financing alternatives.

[Doubledown75]

Looks good here you still playing this one?

[Kylef]

Mcep...bottomed out here consolidated

[Kylef]

News mcep

https://us.etrade.com/e/t/invest/Story?ID=STORYID%3D20160607SN004102&provider=Marketwire

[Kylef]

This is gonna Run this Week!

[bullrider2]

Time to get this baby moving. Lets go MCEP!!

[bb money]

Anyone listen to the conference call?

[OptimusPrime]

Under news there are 10 form 4 filed on 2/2/2016.

[bb money]

Where are you seeing that? Not seeing any filings on it, but maybe I am missing them.

[OptimusPrime]

Looks like management went on a share buying spree.

[theycallmejg15]

I've got a stop in.. This is nuts!

[theycallmejg15]

There we go

[theycallmejg15]

Oil is up and this is down.. Makes sense..

[theycallmejg15]

I don't have much in here for that reason. I do like what the company is doing. I found this company on seeking alpha. Looks to be one of the better companies right now

[Fredosbrother]

I think we go below a dollar before we go back to 15$, but that's what makes us gamblers. Bol

[theycallmejg15]

Exactly. I'm gonna just back the truck up and load up while I can

[Fredosbrother]

The guys running this company obviously saw this coming. They buttoned down for this. No dividend but the company will not only survive but be a huge asset when the floor is found and prices for oil start to increase. We might see 20$ a barrel, at which time I'm a big buyer..

[theycallmejg15]

It's got a ton of support at 1.15 it breaks that look out. I lowered my stop to 1.00 I'm gonna add more eventually

[TheProfit]

Havent made my 1st purchase yet, Im waiting to see where bottom might be at..unfortunately looks like it might be $1.10 area like you suggest

[theycallmejg15]

Set a stop at 1.10.. Unreal I can't seem to find bottom in these plays

[theycallmejg15]

Weird.. Now it says it's falling

[theycallmejg15]

Oil bounced back to $35.. Interesting

[TheProfit]

Yeah when oil rebounds this will pop

[theycallmejg15]

Check this out.. I may see if I can get this stickied..

http://www.thestreet.com/story/13372890/2/america-s-surging-oil-demand-could-push-prices-up-soon.html

[TheProfit]

I agree, this looks good to add before year end..low oil wont hurt this company as bad as most other oil stocks imo

[theycallmejg15]

Thinking about adding some here tomorrow. Most articles I've read give this company great outlooks with low oil

[Congo Mining]

Pg 25 & PG 16 Must study.

http://files.shareholder.com/downloads/AMDA-KNI1T/559186185x0x852786/709137B3-3F9D-4888-9F29-B6BA918612FB/MCEP_Investor_Presentation.pdf

[Congo Mining]

http://ir.midconenergypartners.com/releasedetail.cfm?ReleaseID=944753

[Congo Mining]

"79.6% of its entire market cap in distributable cash flow annually"
Rare Earnings Power

http://seekingalpha.com/article/3689596-mid-con-energy-partners-annual-distributable-cash-flow-is-80-percent-of-market-cap

"DCF for the quarter came in at $12.43 million or $49.72 million annualized. At $2.10 per share and 29.73 million shares outstanding, MCEP has a market capitalization of $62.4 million. Extrapolating Q3's results, MCEP is generating 79.6% of its entire market cap in distributable cash flow annually. Whether the money goes into shareholders' pockets or MCEP's does not technically matter. This kind of earnings power relative to a firm's market value is exceedingly rare but becoming more common in the upstream MLP space as share prices continue their march deeper into the lower single digits."

[Congo Mining]

http://files.shareholder.com/downloads/AMDA-KNI1T/559186185x0x858193/791BEEB0-0911-4928-B7F7-47C7039DB4BC/MCEP_Earnings_Presentation_2015-11-02_v9.0.pdf

[Kylef]

Nice ...chart says Money

[Zanfear]

ETP just raised its dividen paying over 10% annually this is where you want to weather the storm till things start to pick up.

[Zanfear]

Does anyone know when the exact declaration date on this one is going to be send me a link?

[Congo Mining]

INVESTOR PRESENTATION - OCTOBER 2015 $28.09 PER BOE


http://files.shareholder.com/downloads/AMDA-KNI1T/559186185x0x852786/709137B3-3F9D-4888-9F29-B6BA918612FB/MCEP_Investor_Presentation_2015-10-01_v8.0.pdf

slide 19

http://www.investorcalendar.com/event/174324#

[Congo Mining]

at my breakeven of 3.20 pretty sweet dollar cost avg.

[Congo Mining]

7,000 units Fully loaded.

[Timothy Smith]

Goldman is on the other side of that trade at best. No way we break recent lows again.

Fear of distribution cuts is a real concern. Look at $LINN and a host of others.