How Analysts Feel About EV Energy Partners LP Common Rep (NASDAQ:EVEP) After Decrease in Sellers?

January 18, 2018 - By Winifred Garcia

 How Analysts Feel About EV Energy Partners LP Common Rep (NASDAQ:EVEP) After Decrease in Sellers?

Investors sentiment decreased to 0.21 in 2017 Q3. Its down 0.02, from 0.23 in 2017Q2. It is negative, as 7 investors sold EV Energy Partners, L.P. shares while 12 reduced holdings. 3 funds opened positions while 1 raised stakes. 4.23 million shares or 2.18% more from 4.14 million shares in 2017Q2 were reported.
National Bank & Trust Of Montreal Can invested in 200 shares or 0% of the stock. Moreover, Geode Limited Liability Company has 0% invested in EV Energy Partners, L.P. (NASDAQ:EVEP) for 19,111 shares. Raymond James accumulated 56,293 shares. Stifel Fincl Corporation holds 0% or 11,330 shares in its portfolio. Next Fincl Gru invested in 100 shares or 0% of the stock. Ohio-based Stratos Wealth has invested 0% in EV Energy Partners, L.P. (NASDAQ:EVEP). Citadel Advsrs Ltd Liability Corporation, Illinois-based fund reported 36,317 shares. Raymond James Associate stated it has 0% in EV Energy Partners, L.P. (NASDAQ:EVEP). Oppenheimer & Inc invested in 17,938 shares or 0% of the stock. Group One Trading L P holds 2,168 shares. Morgan Stanley, New York-based fund reported 3.41M shares. Us Fincl Bank De holds 0% in EV Energy Partners, L.P. (NASDAQ:EVEP) or 1,250 shares. Hilton Management Limited Liability Co holds 0% or 13,500 shares in its portfolio. Hightower Advsr Ltd owns 15,350 shares. Citigroup owns 0% invested in EV Energy Partners, L.P. (NASDAQ:EVEP) for 26,904 shares.

The stock of EV Energy Partners LP Common Rep (NASDAQ:EVEP) registered a decrease of 20.55% in short interest. EVEP’s total short interest was 733,600 shares in January as published by FINRA. Its down 20.55% from 923,300 shares, reported previously. With 273,900 shares average volume, it will take short sellers 3 days to cover their EVEP’s short positions. The short interest to EV Energy Partners LP Common Rep’s float is 1.63%.

The stock decreased 3.93% or $0.03 during the last trading session, reaching $0.86. About 166,614 shares traded. EV Energy Partners, L.P. (NASDAQ:EVEP) has declined 38.68% since January 18, 2017 and is downtrending. It has underperformed by 55.38% the S&P500.

EV Energy Partners, L.P. engages in the acquisition, development, and production of oil and natural gas properties in the United States. The company has market cap of $42.21 million. The Company’s properties are located in the Barnett Shale; the San Juan Basin; the Appalachian Basin; Michigan; Central Texas; the Monroe Field in Northern Louisiana; the Mid–Continent areas in Oklahoma, Texas, Arkansas, Kansas, and Louisiana; and the Permian Basin. It currently has negative earnings. As of December 31, 2016, the firm had estimated net proved reserves of 12.6 million barrels of oil; 575.3 billion cubic feet of natural gas; and 33.4 million barrels of natural gas liquids.

EV Energy Partners, L.P. (NASDAQ:EVEP) Ratings Coverage

Among 9 analysts covering EV Energy (NASDAQ:EVEP), 0 have Buy rating, 5 Sell and 4 Hold. Therefore 0 are positive. EV Energy had 22 analyst reports since August 11, 2015 according to SRatingsIntel. The rating was downgraded by Credit Suisse on Thursday, August 13 to “Underperform”. FBR Capital maintained the shares of EVEP in report on Monday, October 12 with “Market Perform” rating. The firm has “Sell” rating given on Thursday, June 8 by Stifel Nicolaus. As per Tuesday, November 10, the company rating was upgraded by Raymond James. On Thursday, July 13 the stock rating was maintained by Stifel Nicolaus with “Sell”. The firm earned “Underperform” rating on Friday, September 4 by Raymond James. Bank of America downgraded the stock to “Underperform” rating in Tuesday, February 23 report. The rating was maintained by Wunderlich on Thursday, August 13 with “Hold”. On Monday, September 14 the stock rating was maintained by Citigroup with “Buy”. Stifel Nicolaus maintained EV Energy Partners, L.P. (NASDAQ:EVEP) rating on Tuesday, August 11. Stifel Nicolaus has “Buy” rating and $15 target.

More news for EV Energy Partners, L.P. (NASDAQ:EVEP) were recently published by: Globenewswire.com, which released: “EV Energy Partners Announces Extension of Grace Period to Meet NASDAQ Requirement” on January 17, 2018. Globenewswire.com‘s article titled: “EV Energy Partners Announces Listing Transfer to NASDAQ Capital Market” and published on January 11, 2018 is yet another important article.

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