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Samson Capital Management Trimmed Mplx LP (MPLX) Stake By $340,830; Geospace Technologies (GEOS) Sellers Increased By 25.07% Their Shorts

Samson Capital Management Llc decreased Mplx Lp (MPLX) stake by 3.45% reported in 2017Q4 SEC filing. Samson Capital Management Llc sold 9,738 shares as Mplx Lp (MPLX)’s stock declined 8.11%. The Samson Capital Management Llc holds 272,786 shares with $9.68 million value, down from 282,524 last quarter. Mplx Lp now has $28.66B valuation. The stock increased 0.81% or $0.29 during the last trading session, reaching $36.1. About 1.40 million shares traded. MPLX LP (NYSE:MPLX) has declined 6.29% since May 19, 2017 and is downtrending. It has underperformed by 17.84% the S&P500.

Geospace Technologies Corporation (NASDAQ:GEOS) had an increase of 25.07% in short interest. GEOS’s SI was 929,900 shares in May as released by FINRA. Its up 25.07% from 743,500 shares previously. With 86,400 avg volume, 11 days are for Geospace Technologies Corporation (NASDAQ:GEOS)’s short sellers to cover GEOS’s short positions. The SI to Geospace Technologies Corporation’s float is 7.91%. The stock increased 2.66% or $0.33 during the last trading session, reaching $12.75. About 318,967 shares traded or 236.39% up from the average. Geospace Technologies Corporation (NASDAQ:GEOS) has declined 34.08% since May 19, 2017 and is downtrending. It has underperformed by 45.63% the S&P500.

Geospace Technologies Corporation, together with its subsidiaries, creates and makes seismic instruments and equipment for the gas and oil industry in the United States, Canada, Colombia, the Russian Federation, and the United Kingdom. The company has market cap of $173.12 million. The firm operates through two divisions, Seismic and Non-Seismic. It currently has negative earnings. The Seismic segment offers land and marine nodal data acquisition systems; permanent land and seabed reservoir monitoring services and products; geophones and geophone strings; hydrophones; leader wires; connectors; telemetry cables; marine streamer retrieval and steering devices; and various other products.

More news for Geospace Technologies Corporation (NASDAQ:GEOS) were recently published by: Businesswire.com, which released: “Geospace Technologies Reports Fiscal Year 2018 Second Quarter and Six Month Results” on May 03, 2018. Prnewswire.com‘s article titled: “Faruqi & Faruqi, LLP is Investigating Geospace Technologies Corporation (GEOS) on Behalf of its Shareholders” and published on May 07, 2018 is yet another important article.

Analysts await MPLX LP (NYSE:MPLX) to report earnings on July, 26. They expect $0.53 EPS, up 103.85% or $0.27 from last year’s $0.26 per share. MPLX’s profit will be $420.80 million for 17.03 P/E if the $0.53 EPS becomes a reality. After $0.61 actual EPS reported by MPLX LP for the previous quarter, Wall Street now forecasts -13.11% negative EPS growth.

More news for MPLX LP (NYSE:MPLX) were recently published by: Seekingalpha.com, which released: “Wally And The Beaver In MLP Land” on April 22, 2018. Fool.com‘s article titled: “A New Question Now Hovers Over MPLX’s Earnings” and published on May 08, 2018 is yet another important article.

Among 21 analysts covering MPLX LP (NYSE:MPLX), 17 have Buy rating, 0 Sell and 4 Hold. Therefore 81% are positive. MPLX LP had 67 analyst reports since October 20, 2015 according to SRatingsIntel. Evercore upgraded MPLX LP (NYSE:MPLX) on Wednesday, November 11 to “Buy” rating. The stock has “Buy” rating by Jefferies on Monday, August 14. The stock has “Strong Buy” rating by Raymond James on Monday, October 31. RBC Capital Markets maintained MPLX LP (NYSE:MPLX) on Friday, February 2 with “Buy” rating. As per Friday, April 29, the company rating was upgraded by Credit Suisse. Ladenburg Thalmann initiated MPLX LP (NYSE:MPLX) on Monday, November 30 with “Buy” rating. The rating was upgraded by Jefferies to “Buy” on Monday, October 31. Barclays Capital downgraded the shares of MPLX in report on Wednesday, January 17 to “Equal-Weight” rating. The stock has “Buy” rating by Jefferies on Thursday, June 1. As per Friday, April 8, the company rating was downgraded by Evercore.

Investors sentiment decreased to 0.82 in Q4 2017. Its down 0.22, from 1.04 in 2017Q3. It worsened, as 32 investors sold MPLX shares while 89 reduced holdings. 26 funds opened positions while 73 raised stakes. 250.53 million shares or 3.20% less from 258.81 million shares in 2017Q3 were reported. Summit Equities Inc has 0.15% invested in MPLX LP (NYSE:MPLX) for 25,373 shares. Financial Bank Of Montreal Can invested 0.17% of its portfolio in MPLX LP (NYSE:MPLX). E&G Advsrs Ltd Partnership holds 0.1% in MPLX LP (NYSE:MPLX) or 6,867 shares. King Luther Capital invested in 0% or 10,486 shares. Stockbridge Ptnrs Ltd Liability reported 5.72M shares. Cincinnati Ins has invested 0.16% in MPLX LP (NYSE:MPLX). Freestone Cap Lc stated it has 162,228 shares or 0.4% of all its holdings. Williams Jones & Associates Limited Liability Company reported 0.08% stake. Barclays Public Ltd stated it has 0.06% of its portfolio in MPLX LP (NYSE:MPLX). Nelson Van Denburg & Campbell Wealth Mngmt Gp holds 0.11% or 13,539 shares. Trellus Mgmt Communications Lc holds 0.29% of its portfolio in MPLX LP (NYSE:MPLX) for 5,995 shares. Ngp Mr Mgmt Ltd Liability Com holds 95.53% or 1.49M shares. Hap Trading stated it has 0.14% of its portfolio in MPLX LP (NYSE:MPLX). Cohen & Steers Inc accumulated 2.43M shares. Brown Advisory has 8,380 shares for 0% of their portfolio.

Since December 11, 2017, it had 0 insider buys, and 1 insider sale for $74,000 activity. 2,000 shares were sold by Floerke Gregory Scott, worth $74,000 on Monday, December 11.

Geospace Technologies Corporation (NASDAQ:GEOS) Institutional Positions Chart

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