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home / news releases / CELP - Cypress Energy Partners: One Of My Top 10 Stocks For 2020


CELP - Cypress Energy Partners: One Of My Top 10 Stocks For 2020

I was wrong, and when facts change, I change my mind. Since my neutral article posted in the summer, Cypress Energy Partners (CELP) has returned 41.5%. I am calling CELP one of my top 10 buys for 2020 after the company’s improvements in several areas. While the distribution coverage still looks weak from the cash flow from the operations perspective, CELP has several exciting aspects. Below are the five reasons why the story on CELP looks bullish now.

  1. Revenue is improving for the second quarter on a YOY basis
  2. EBITDA is soaring

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Stock Information

Company Name: Cypress Energy Partners L.P. representing limited partner interests
Stock Symbol: CELP
Market: NYSE

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