Algo version: 0.98b
Midcoast Energy Partners, is listed at the NYSE Exchange
Midcoast Energy Partners, [MEP]
NYSE Sector: Industry:

Is Midcoast Energy Partners, stock a buy?

What Is The Conclusion?

Right now our advanced algorithms say:

Do the analyst corps agree?

Interesting Questions and Easy Answers!

We cannot find any recorded dividends paid in our systems.

Sorry, we do not have any analyst data for this ticker

We cannot find data for Midcoast Energy Partners, 10 years ago, but if you had invested on Wednesday 6th of November 2019 when the price was $71.54, you would have made a loss of $-3.36 per share or -4.70%

We do not have enough data to give you this answer.

Midcoast Energy Partners, has a normal ratio of the business financed by loans. This puts the company at some risk in periods of high inflation where borrowing costs usually go up. With a normal cash flow to debt ratio of 0.27, the company's ability to pay off the debt is normal. The company is still not profitable, and high inflation will make it harder to become profitable as costs increase and consumer spending decreases.

We have calculated the inflation risk for Midcoast Energy Partners, to be medium [0.6 of 1]

US inflation for August 2024 was 0.19%. Over the last 12 months, the US inflation is 2.59%. The 10-year treasury yield that indicates the future interest level is currently 4.09 and is down -0.37 over the last 30 days.