Cypress Energy Partners LP (CELP) is Upgraded by Stifel to Buy, Price Target at $10.50

Cypress Energy Partners LP (CELP) was Upgraded by Stifel to ” Buy” and the brokerage firm has set the Price Target at $10.50. Earlier the firm had a rating of “Hold ” on the company shares. Stifel advised their investors in a research report released on Sep 28, 2016.

Many Wall Street Analysts have commented on Cypress Energy Partners LP. Cypress Energy Partners LP was Downgraded by Raymond James to ” Mkt Perform” on Aug 15, 2016.

Cypress Energy Partners LP closed down -0.06 points or -0.68% at $8.81 with 11,502 shares getting traded on Tuesday. Post opening the session at $8.89, the shares hit an intraday low of $8.8 and an intraday high of $8.9367 and the price fluctuated in this range throughout the day.Shares ended Tuesday session in Red.

In a different news, on Jun 17, 2016, Don Labass (officer ) sold 2,000 shares at $9.67 per share price. According to the SEC, on Mar 14, 2016, Jeff English (officer ) purchased 52 shares at $12.53 per share price. On Dec 18, 2015, Peter C Boylan (director officer ) purchased 3,300 shares at $7.84 per share price, according to the Form-4 filing with the securities and exchange commission.

Cypress Energy Partners L.P. is a limited partnership company which serves energy companies throughout North America. The Company provides pipeline inspection and integrity services to producers and pipeline companies and water and environmental services with salt water disposal (SWD) facilities to the United States onshore oil and natural gas producers and trucking companies. The Company operates its business in two segments: Water and Environmental Services (W&ES) and Pipeline Inspection and Integrity Services (PI&IS). The Company through its W&ES segment provides SWD services to oil and natural gas producers and trucking companies and consists of the operations of Cypress Energy Partners LLC (CEP LLC). It is engaged in treating produced water and flowback water and injecting the water into its SWD facilities. Through PI&IS segment it provides inspection and integrity services to various energy public utility and pipeline companies in both the United States and Canada.

Cypress Energy Partners LP

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