The shares of Rose Rock Midstream LP (NYSE:RRMS) decreased by 44.61% in the last 20 days and lost 23.87% in the past 5 trading sessions. Rose Rock Midstream LP (NYSE:RRMS) shares opened at $7.30 in the last session and had intraday high of $7.61 and low of $7.01 for a lower than normal intra-day volatility. Stock trading is easier when the volatility profile is such.
About 96,496 shares traded hands. Rose Rock Midstream LP (RRMS) has declined 84.03% since July 10, 2015 and is downtrending. It has underperformed by 73.83% the S&P500.
Analysts await Rose Rock Midstream LP (NYSE:RRMS) to reports earnings on February, 25 after the close. They expect $0.37 EPS, up 8.82% or $0.03 from last year’s $0.34 per share. RRMS’s profit will be $13.90M for 6.20 P/E if the $0.37 EPS becomes reality. After $0.29 actual EPS reported by Rose Rock Midstream LP for the previous quarter, Wall Street now forecasts 27.59% EPS growth.
The institutional sentiment decreased to 0.72 in Q3 2015. Its down 0.19, from 0.91 in 2015Q2. The ratio dived, as 19 funds sold all Rose Rock Midstream LP shares owned while 20 reduced positions. 5 funds bought stakes while 23 increased positions. They now own 12.70 million shares or 5.75% less from 13.48 million shares in 2015Q2.
Yorkville Capital Management Llc holds 1.85% of its portfolio in Rose Rock Midstream LP for 75,946 shares. Tph Asset Management Llc owns 273,075 shares or 0.95% of their US portfolio. Moreover, Goodwin Daniel L has 0.71% invested in the company for 108,179 shares. The Texas-based Salient Capital Advisors Llc has invested 0.6% in the stock. Spirit Of America Management Corp Ny, a New York-based fund reported 91,251 shares.
According to Zacks Investment Research, “Rose Rock Midstream, L.P. owns, operates, develops and acquires a diversified portfolio of midstream energy assets. The Company is engaged in the business of crude oil gathering, transportation, storage and marketing in Colorado, Kansas, Montana, North Dakota, Oklahoma and Texas. Rose Rock Midstream, L.P. is based in Tulsa, Oklahoma.”
Rose Rock Midstream, L.P. owns, operates, develops and acquires diversified portfolio of midstream energy assets. The company has a market cap of $344.76 million. The Firm is engaged in providing midstream energy related services, such as crude oil gathering, transportation, storage, distribution and marketing in Colorado, Kansas, Louisiana, Montana, New Mexico, North Dakota, Ohio, Oklahoma, Texas and Wyoming. It has 7.47 P/E ratio. The Firm is managed and operated by its general partner Rose Rock Midstream GP, LLC (Rose Rock GP), which is a wholly owned subsidiary of SemGroup Corporation (SemGroup).
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