One of the most depressed oil and gas E&P firms in recent years has been Mid-Con Energy Partners (MCEP). Slammed by fears over the current energy market, combined with a looming deadline of late 2021 for the redemption of its preferred units, shareholders have been pessimistic about the firm. However, in its latest earnings release, covering the third quarter of the entity's 2019 fiscal year, management revealed some positive rhetoric, combined with mixed results, that suggests the future for the entity is looking bright.
Some fine results
On the whole, investors should