NYSE:SMLP - Summit Midstream Partners Stock Price, Price Target & More

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$16.50 -0.15 (-0.90 %)
(As of 07/23/2018 06:00 AM ET)
Previous Close$16.50
Today's Range$16.35 - $16.80
52-Week Range$13.10 - $24.15
Volume171,751 shs
Average Volume134,958 shs
Market Capitalization$1.23 billion
P/E Ratio10.06
Dividend Yield13.94%
Beta1.83
Summit Midstream Partners logoSummit Midstream Partners, LP focuses on owning, developing, and operating midstream energy infrastructure assets primarily shale formations in the continental United States. The company provides natural gas gathering, treating, and processing services, as well as crude oil and produced water gathering services. It operates in five unconventional resource basins, including the Appalachian Basin, which comprises the Utica and Point Pleasant shale formations in southeastern Ohio, and the Marcellus Shale formation in northern West Virginia; the Williston Basin that consists of the Bakken and Three Forks shale formations in northwestern North Dakota; the Fort Worth Basin, which includes the Barnett Shale formation in north-central Texas; the Piceance Basin that comprises the Mesaverde formation, and the Mancos and Niobrara shale formations in western Colorado and eastern Utah; and the Denver-Julesburg Basin, which includes the Niobrara and Codell shale formations in northeastern Colorado. The company serves natural gas and crude oil producers. Summit Midstream GP, LLC operates as a general partner of the company. Summit Midstream Partners, LP was founded in 2009 and is headquartered in The Woodlands, Texas.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Natural gas transmission
Sub-IndustryN/A
SectorOils/Energy
SymbolNYSE:SMLP
CUSIPN/A
Phone832-413-4770

Debt

Debt-to-Equity Ratio1.05
Current Ratio1.02
Quick Ratio1.02

Price-To-Earnings

Trailing P/E Ratio10.06
Forward P/E Ratio48.53
P/E GrowthN/A

Sales & Book Value

Annual Sales$488.74 million
Price / Sales2.53
Cash Flow$3.3951 per share
Price / Cash4.86
Book Value$14.69 per share
Price / Book1.12

Profitability

EPS (Most Recent Fiscal Year)$1.64
Net Income$85.68 million
Net Margins17.59%
Return on Equity13.23%
Return on Assets4.88%

Miscellaneous

EmployeesN/A
Outstanding Shares74,850,000
Market Cap$1,234.94

Summit Midstream Partners (NYSE:SMLP) Frequently Asked Questions

What is Summit Midstream Partners' stock symbol?

Summit Midstream Partners trades on the New York Stock Exchange (NYSE) under the ticker symbol "SMLP."

How often does Summit Midstream Partners pay dividends? What is the dividend yield for Summit Midstream Partners?

Summit Midstream Partners declared a quarterly dividend on Friday, April 27th. Stockholders of record on Tuesday, May 8th will be paid a dividend of $0.575 per share on Tuesday, May 15th. This represents a $2.30 dividend on an annualized basis and a dividend yield of 13.94%. The ex-dividend date of this dividend is Monday, May 7th. View Summit Midstream Partners' Dividend History.

How were Summit Midstream Partners' earnings last quarter?

Summit Midstream Partners LP (NYSE:SMLP) posted its quarterly earnings results on Thursday, May, 3rd. The pipeline company reported ($0.18) earnings per share for the quarter, missing the consensus estimate of $0.12 by $0.30. The pipeline company earned $117.32 million during the quarter, compared to the consensus estimate of $106.68 million. Summit Midstream Partners had a return on equity of 13.23% and a net margin of 17.59%. View Summit Midstream Partners' Earnings History.

When is Summit Midstream Partners' next earnings date?

Summit Midstream Partners is scheduled to release their next quarterly earnings announcement on Wednesday, August, 1st 2018. View Earnings Estimates for Summit Midstream Partners.

What price target have analysts set for SMLP?

9 brokerages have issued 1-year target prices for Summit Midstream Partners' shares. Their predictions range from $16.00 to $24.00. On average, they anticipate Summit Midstream Partners' stock price to reach $19.25 in the next twelve months. This suggests a possible upside of 16.7% from the stock's current price. View Analyst Ratings for Summit Midstream Partners.

What is the consensus analysts' recommendation for Summit Midstream Partners?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Summit Midstream Partners in the last year. There are currently 1 sell rating, 4 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

Who are some of Summit Midstream Partners' key competitors?

Who are Summit Midstream Partners' key executives?

Summit Midstream Partners' management team includes the folowing people:
  • Mr. Steven J. Newby, Pres, CEO & Director of Summit Midstream GP, LLC (Age 45)
  • Mr. Matthew S. Harrison, Exec. VP & CFO of Summit Midstream GP, LLC (Age 48)
  • Mr. Leonard Wayne Mallett, Exec. VP & COO of Summit Midstream GP, LLC (Age 62)
  • Mr. Brock M. Degeyter, Exec. VP, Gen. Counsel, Chief Compliance Officer & Sec. of Summit Midstream GP, LLC (Age 41)
  • Mr. Brad N. Graves, Exec. VP, Corp. Devel. & Chief Commercial Officer of Summit Midstream GP, LLC (Age 51)

Has Summit Midstream Partners been receiving favorable news coverage?

News stories about SMLP stock have been trending somewhat positive on Monday, according to Accern Sentiment. The research group identifies positive and negative media coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Summit Midstream Partners earned a daily sentiment score of 0.15 on Accern's scale. They also gave headlines about the pipeline company an impact score of 46.13 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near term.

Who are Summit Midstream Partners' major shareholders?

Summit Midstream Partners' stock is owned by a number of of institutional and retail investors. Top institutional investors include Spirit of America Management Corp NY (0.25%), ELCO Management Co. LLC (0.14%) and Creative Planning (0.03%). Company insiders that own Summit Midstream Partners stock include Brad N Graves, Brock M Degeyter, Louise E Matthews, Steven J Newby and Summit Midstream Partners, Llc. View Institutional Ownership Trends for Summit Midstream Partners.

Which institutional investors are selling Summit Midstream Partners stock?

SMLP stock was sold by a variety of institutional investors in the last quarter, including Spirit of America Management Corp NY. Company insiders that have sold Summit Midstream Partners company stock in the last year include Brad N Graves, Brock M Degeyter and Louise E Matthews. View Insider Buying and Selling for Summit Midstream Partners.

Which institutional investors are buying Summit Midstream Partners stock?

SMLP stock was bought by a variety of institutional investors in the last quarter, including Creative Planning and ELCO Management Co. LLC. View Insider Buying and Selling for Summit Midstream Partners.

How do I buy shares of Summit Midstream Partners?

Shares of SMLP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Summit Midstream Partners' stock price today?

One share of SMLP stock can currently be purchased for approximately $16.50.

How big of a company is Summit Midstream Partners?

Summit Midstream Partners has a market capitalization of $1.23 billion and generates $488.74 million in revenue each year. The pipeline company earns $85.68 million in net income (profit) each year or $1.64 on an earnings per share basis.

How can I contact Summit Midstream Partners?

Summit Midstream Partners' mailing address is 1790 HUGHES LANDING BOULEVARD SUITE 500, THE WOODLANDS TX, 77380. The pipeline company can be reached via phone at 832-413-4770 or via email at [email protected]


MarketBeat Community Rating for Summit Midstream Partners (NYSE SMLP)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  255 (Vote Outperform)
Underperform Votes:  254 (Vote Underperform)
Total Votes:  509
MarketBeat's community ratings are surveys of what our community members think about Summit Midstream Partners and other stocks. Vote "Outperform" if you believe SMLP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SMLP will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 7/23/2018 by MarketBeat.com Staff

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