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QEP Midstream Partners (QEPM) Slumps: Stock Tanks 12.9% - Tale of the Tape

QEP Midstream Partners, LP ( QEPM ) saw a big move last session, as the company's shares fell by nearly 13% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the most recent downtrend for QEPM, as the stock is now down about 27% since Sep 30.

QEP Midstream Partners has seen a flat track record when it comes to current year estimate revisions over the past few weeks and the consensus for earnings hasn't been in a trend either. This recent price action is discouraging, so make sure to keep a close watch on this firm in the near future, and especially on earnings estimates following the recent slump.

QEPM currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Some better-ranked stocks in the Oil - Production/Pipeline industry include Tallgrass Energy Partners, LP ( TEP ), Cheniere Energy Partners LP Holdings, LLC ( CQH ) and EQT Midstream Partners, LP ( EQM ). While Tallgrass Energy Partners holds a Zacks Rank #1 (Strong Buy), Cheniere Energy Partners and EQT Midstream Partners carry a Zacks Rank #2 (Buy).

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QEP MIDSTRM PTR (QEPM): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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