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Evolve Transition Infrastructure LP is currently in a long term uptrend where the price is trading 1.3% above its 200 day moving average.
From a valuation standpoint, the stock is 96.3% cheaper than other stocks from the Energy sector with a price to sales ratio of 0.3.
Evolve Transition Infrastructure LP's total revenue sank by 27.0% to $12M since the same quarter in the previous year.
Its net income has increased by 36.9% to $-30M since the same quarter in the previous year.
Finally, its free cash flow fell by 12.4% to $12M since the same quarter in the previous year.
Based on the above factors, Evolve Transition Infrastructure LP gets an overall score of 3/5.
| ISIN | US30053M1045 |
|---|---|
| Industry | Oil & Gas Midstream |
| Sector | Energy |
| CurrencyCode | USD |
| Exchange | NYSE MKT |
| Beta | 0.12 |
|---|---|
| Dividend Yield | 138% |
| Market Cap | 39M |
| Target Price | 2 |
| PE Ratio | None |
Evolve Transition Infrastructure LP, together with its subsidiaries, engages in the acquisition, development, ownership, and operation of infrastructure for the transition of energy supply to lower carbon sources in the United States. The company engages in gathering, processing, and transporting natural gas, NGLs, and crude oil. It also operates approximately 160 miles of gathering pipelines, as well as four gathering and processing facilities, including stabilizers, storage tanks, compressors and dehydration units, and other related assets in Western Catarina, which are located in Dimmit and Webb Counties, Texas; and provides upstream production services from the Eagle Ford Shale in South Texas. It owns production assets in Texas and Louisiana. Evolve Transition Infrastructure GP LLC serves as the general partner of the company. The company was formerly known as Sanchez Midstream Partners LP and changed its name to Evolve Transition Infrastructure LP in February 2021. Evolve Transition Infrastructure LP was incorporated in 2005 and is headquartered in Houston, Texas.
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