S&P 500   4,641.34 (+1.63%)
DOW   34,937.74 (+1.32%)
QQQ   399.00 (+1.32%)
AAPL   169.27 (+2.40%)
MSFT   335.56 (+1.50%)
FB   326.49 (+0.63%)
GOOGL   2,907.55 (+2.45%)
AMZN   3,539.40 (+0.92%)
TSLA   1,156.81 (+1.05%)
NVDA   330.66 (+1.19%)
BABA   127.60 (+0.05%)
NIO   40.65 (+3.88%)
CGC   10.84 (+1.21%)
AMD   158.97 (+0.38%)
GE   95.59 (+0.63%)
MU   88.56 (+5.43%)
T   22.89 (+0.26%)
F   20.43 (+6.46%)
DIS   147.15 (+1.55%)
ACB   6.50 (+1.25%)
PFE   53.72 (-0.02%)
AMC   33.95 (+0.03%)
BA   199.17 (+0.67%)
S&P 500   4,641.34 (+1.63%)
DOW   34,937.74 (+1.32%)
QQQ   399.00 (+1.32%)
AAPL   169.27 (+2.40%)
MSFT   335.56 (+1.50%)
FB   326.49 (+0.63%)
GOOGL   2,907.55 (+2.45%)
AMZN   3,539.40 (+0.92%)
TSLA   1,156.81 (+1.05%)
NVDA   330.66 (+1.19%)
BABA   127.60 (+0.05%)
NIO   40.65 (+3.88%)
CGC   10.84 (+1.21%)
AMD   158.97 (+0.38%)
GE   95.59 (+0.63%)
MU   88.56 (+5.43%)
T   22.89 (+0.26%)
F   20.43 (+6.46%)
DIS   147.15 (+1.55%)
ACB   6.50 (+1.25%)
PFE   53.72 (-0.02%)
AMC   33.95 (+0.03%)
BA   199.17 (+0.67%)
S&P 500   4,641.34 (+1.63%)
DOW   34,937.74 (+1.32%)
QQQ   399.00 (+1.32%)
AAPL   169.27 (+2.40%)
MSFT   335.56 (+1.50%)
FB   326.49 (+0.63%)
GOOGL   2,907.55 (+2.45%)
AMZN   3,539.40 (+0.92%)
TSLA   1,156.81 (+1.05%)
NVDA   330.66 (+1.19%)
BABA   127.60 (+0.05%)
NIO   40.65 (+3.88%)
CGC   10.84 (+1.21%)
AMD   158.97 (+0.38%)
GE   95.59 (+0.63%)
MU   88.56 (+5.43%)
T   22.89 (+0.26%)
F   20.43 (+6.46%)
DIS   147.15 (+1.55%)
ACB   6.50 (+1.25%)
PFE   53.72 (-0.02%)
AMC   33.95 (+0.03%)
BA   199.17 (+0.67%)
S&P 500   4,641.34 (+1.63%)
DOW   34,937.74 (+1.32%)
QQQ   399.00 (+1.32%)
AAPL   169.27 (+2.40%)
MSFT   335.56 (+1.50%)
FB   326.49 (+0.63%)
GOOGL   2,907.55 (+2.45%)
AMZN   3,539.40 (+0.92%)
TSLA   1,156.81 (+1.05%)
NVDA   330.66 (+1.19%)
BABA   127.60 (+0.05%)
NIO   40.65 (+3.88%)
CGC   10.84 (+1.21%)
AMD   158.97 (+0.38%)
GE   95.59 (+0.63%)
MU   88.56 (+5.43%)
T   22.89 (+0.26%)
F   20.43 (+6.46%)
DIS   147.15 (+1.55%)
ACB   6.50 (+1.25%)
PFE   53.72 (-0.02%)
AMC   33.95 (+0.03%)
BA   199.17 (+0.67%)
NYSE:SMLP

Summit Midstream Partners Stock Forecast, Price & News

$31.43
+1.55 (+5.19%)
(As of 12/1/2021 10:37 AM ET)
Add
Compare
Today's Range
$29.88
$31.43
50-Day Range
$29.38
$38.60
52-Week Range
$12.40
$46.64
Volume
221 shs
Average Volume
56,540 shs
Market Capitalization
$225.35 million
P/E Ratio
1.17
Dividend Yield
N/A
Beta
3.06
30 days | 90 days | 365 days | Advanced Chart
Receive SMLP News and Ratings via Email

Sign-up to receive the latest news and ratings for Summit Midstream Partners and its competitors with MarketBeat's FREE daily newsletter.


Summit Midstream Partners logo

About Summit Midstream Partners

Summit Midstream Partners LP engages in the development, ownership, and operation of midstream energy infrastructure assets that are located in unconventional resource basins, primarily shale formations. It operates through the following segments: Utica Shale, Ohio Gathering, Williston Basin, DJ Basin, Permian Basin, Piceance Basin, Barnett Shale, and Marcellus Shale. The company was founded by Steven J. Newby in May 2012 and is headquartered in Houston, TX.

Headlines

Summit Midstream Partners, LP (NYSE:SMLP) Short Interest Update
November 17, 2021 |  americanbankingnews.com
Earnings Preview: Summit Midstream Partners
November 4, 2021 |  benzinga.com
See More Headlines

Industry, Sector and Symbol

Industry
Natural gas transmission
Sub-Industry
N/A
Fax
N/A
Employees
2,020
Year Founded
N/A

Sales & Book Value

Annual Sales
$383.47 million
Cash Flow
$17.96 per share
Book Value
$105.76 per share

Profitability

Net Income
$192.35 million
Pretax Margin
22.13%

Debt

Price-To-Earnings

Miscellaneous

Free Float
6,672,000
Market Cap
$225.35 million
Optionable
Optionable

Company Calendar

Last Earnings
11/04/2021
Today
12/01/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
3/03/2022

MarketRank

Overall MarketRank

1.50 out of 5 stars

Oils/Energy Sector

247th out of 353 stocks

Natural Gas Transmission Industry

20th out of 29 stocks

Analyst Opinion: 0.8Community Rank: 4.8Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 1.9 5 -4 -3 -2 -1 -












Summit Midstream Partners (NYSE:SMLP) Frequently Asked Questions

Is Summit Midstream Partners a buy right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Summit Midstream Partners in the last year. There are currently 1 sell rating and 2 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" Summit Midstream Partners stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SMLP, but not buy additional shares or sell existing shares.
View analyst ratings for Summit Midstream Partners
or view top-rated stocks.

How has Summit Midstream Partners' stock been impacted by Coronavirus?

Summit Midstream Partners' stock was trading at $15.30 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, SMLP stock has increased by 95.3% and is now trading at $29.88.
View which stocks have been most impacted by COVID-19
.

Are investors shorting Summit Midstream Partners?

Summit Midstream Partners saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 21,800 shares, an increase of 19.8% from the October 31st total of 18,200 shares. Based on an average trading volume of 41,400 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.4% of the company's shares are sold short.
View Summit Midstream Partners' Short Interest
.

When is Summit Midstream Partners' next earnings date?

Summit Midstream Partners is scheduled to release its next quarterly earnings announcement on Thursday, March 3rd 2022.
View our earnings forecast for Summit Midstream Partners
.

How were Summit Midstream Partners' earnings last quarter?

Summit Midstream Partners, LP (NYSE:SMLP) announced its quarterly earnings data on Thursday, November, 4th. The pipeline company reported ($0.17) EPS for the quarter, missing analysts' consensus estimates of $0.21 by $0.38. The pipeline company earned $102.05 million during the quarter. Summit Midstream Partners had a trailing twelve-month return on equity of 0.39% and a net margin of 24.94%. During the same period in the prior year, the firm posted $11.84 earnings per share.
View Summit Midstream Partners' earnings history
.

When did Summit Midstream Partners' stock split? How did Summit Midstream Partners' stock split work?

Shares of Summit Midstream Partners reverse split on Tuesday, November 10th 2020. The 1-15 reverse split was announced on Friday, October 30th 2020. The number of shares owned by shareholders was adjusted after the closing bell on Monday, November 9th 2020. An investor that had 100 shares of Summit Midstream Partners stock prior to the reverse split would have 7 shares after the split.

What price target have analysts set for SMLP?

3 brokerages have issued twelve-month price objectives for Summit Midstream Partners' stock. Their forecasts range from $17.00 to $26.00. On average, they anticipate Summit Midstream Partners' share price to reach $21.50 in the next twelve months. This suggests that the stock has a possible downside of 28.0%.
View analysts' price targets for Summit Midstream Partners
or view top-rated stocks among Wall Street analysts.

Who are Summit Midstream Partners' key executives?

Summit Midstream Partners' management team includes the following people:
  • J. Heath Deneke, Chairman, President & Chief Executive Officer
  • Hugo Guerrero, Senior Vice President-Engineering & Operations
  • Marc D. Stratton, Chief Financial Officer & Executive Vice President
  • James D. Johnston, Chief Compliance Officer, EVP & General Counsel
  • Matt Sicinski, Chief Accounting Officer & Vice President

What is Steve Newby's approval rating as Summit Midstream Partners' CEO?

6 employees have rated Summit Midstream Partners CEO Steve Newby on Glassdoor.com. Steve Newby has an approval rating of 100% among Summit Midstream Partners' employees. This puts Steve Newby in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Summit Midstream Partners own?

What is Summit Midstream Partners' stock symbol?

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

Who are Summit Midstream Partners' major shareholders?

Summit Midstream Partners' stock is owned by a number of institutional and retail investors. Top institutional investors include Ares Management LLC (4.03%), Morgan Stanley (1.43%), Citigroup Inc. (0.22%), Cetera Advisors LLC (0.13%), AEGON USA Investment Management LLC (0.14%) and UBS Group AG (0.12%).
View institutional ownership trends for Summit Midstream Partners
.

Which major investors are selling Summit Midstream Partners stock?

SMLP stock was sold by a variety of institutional investors in the last quarter, including Ares Management LLC, AEGON USA Investment Management LLC, and Morgan Stanley.
View insider buying and selling activity for Summit Midstream Partners
or view top insider-selling stocks.

Which major investors are buying Summit Midstream Partners stock?

SMLP stock was purchased by a variety of institutional investors in the last quarter, including Cetera Advisors LLC, Citigroup Inc., and UBS Group AG.
View insider buying and selling activity for Summit Midstream Partners
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Summit Midstream Partners' stock price today?

One share of SMLP stock can currently be purchased for approximately $29.88.

How much money does Summit Midstream Partners make?

Summit Midstream Partners has a market capitalization of $214.24 million and generates $383.47 million in revenue each year. The pipeline company earns $192.35 million in net income (profit) each year or $26.77 on an earnings per share basis.

How many employees does Summit Midstream Partners have?

Summit Midstream Partners employs 2,020 workers across the globe.

What is Summit Midstream Partners' official website?

The official website for Summit Midstream Partners is www.summitmidstream.com.

Where are Summit Midstream Partners' headquarters?

Summit Midstream Partners is headquartered at 910 LOUISIANA STREET SUITE 4200, HOUSTON TX, 77002.

How can I contact Summit Midstream Partners?

Summit Midstream Partners' mailing address is 910 LOUISIANA STREET SUITE 4200, HOUSTON TX, 77002. The pipeline company can be reached via phone at (832) 413-4770 or via email at [email protected].


This page was last updated on 12/1/2021 by MarketBeat.com Staff

Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.