How have SMLP shares performed in 2024?

Summit Midstream Partners' stock was trading at $17.91 at the start of the year. Since then, SMLP stock has increased by 55.0% and is now trading at $27.76. View the best growth stocks for 2024 here .

Are investors shorting Summit Midstream Partners?

Summit Midstream Partners saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 65,400 shares, an increase of 178.3% from the March 15th total of 23,500 shares. Based on an average trading volume of 50,400 shares, the short-interest ratio is presently 1.3 days. Currently, 0.7% of the shares of the company are short sold. View Summit Midstream Partners' Short Interest .

When is Summit Midstream Partners' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, May 3rd 2024. View our SMLP earnings forecast .

How were Summit Midstream Partners' earnings last quarter?

Summit Midstream Partners, LP (NYSE:SMLP) posted its earnings results on Friday, March, 15th. The pipeline company reported ($1.29) earnings per share for the quarter. The pipeline company earned $127.32 million during the quarter. Summit Midstream Partners had a negative net margin of 8.49% and a negative trailing twelve-month return on equity of 4.72%.

What ETF holds Summit Midstream Partners' stock?

Global X MLP ETF holds 100 shares of SMLP stock, representing 0.00% of its portfolio.

When did Summit Midstream Partners' stock split?

Summit Midstream Partners shares reverse split on the morning of 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 market closes on Monday, November 9th 2020. An investor that had 100 shares of stock prior to the reverse split would have 7 shares after the split.

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

6 employees have rated Summit Midstream Partners Chief Executive Officer Steve Newby on Glassdoor.com . Steve Newby has an approval rating of 100% among the company's 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?

Based on aggregate information from My MarketBeat watchlists, some companies that other Summit Midstream Partners investors own include Chembio Diagnostics (CEMI) , Prospect Capital (PSEC) , Washington Prime Group (WPG) , Two Harbors Investment (TWO) , New Residential Investment (NRZ) , Calumet Specialty Products Partners (CLMT) , BlackRock Capital Investment (BKCC) , CBL & Associates Properties (CBL) , Golar LNG Partners (GMLP) and NovoCure (NVCR) .

How do I buy shares of Summit Midstream Partners?

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

Does Summit Midstream Partners have any subsidiaries?

The following companies are subsidiares of Summit Midstream Partners: Bison Midstream LLC, DFW Midstream Services LLC, Epping Transmission Company LLC, Grand River Gathering LLC, Meadowlark Midstream Company LLC, Mountaineer Midstream Company LLC, Polar Midstream LLC, Red Rock Gathering Company LLC, Summit Midstream Finance Corp., Summit Midstream Holdings LLC, Summit Midstream Marketing LLC, Summit Midstream Niobrara LLC, Summit Midstream OpCo LP, Summit Midstream Permian Finance LLC, Summit Midstream Permian II LLC, Summit Midstream Permian LLC, Summit Midstream Utica LLC, Summit Permian Transmission Holdco LLC, and Summit Permian Transmission LLC. Read More

NYSE:SMLP

Summit Midstream Partners (SMLP) Stock Price, News & Analysis

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$27.76

-0.05 (-0.18%)

(As of 04:38 PM ET)

Compare

Today's Range: $27.70
▼
$28.36
50-Day Range: $16.00
▼
$28.67
52-Week Range: $13.00
▼
$29.18

Volume: 26,705 shs
Average Volume: 47,063 shs
Market Capitalization: $289.26 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: N/A

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About Summit Midstream Partners Stock (NYSE:SMLP)

Summit 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, compression, treating, and processing services, as well as crude oil and produced water gathering and freshwater delivery services. Its assets include Summit Utica system comprising the Utica and Point Pleasant shale formations in southeastern Ohio; Mountaineer Midstream system that includes the Marcellus shale in the Appalachian Basin in West Virginia; Polar and Divide system includes the Bakken and Three Forks shale formations in northwestern North Dakota; Niobrara G&P system, which comprises the Niobrara and Codell shale formations located near Hereford, Colorado. The company's assets also include Double E, a 135 mile interstate natural gas transmission pipeline; Grand River system that gathers natural gas produced from the Mancos and Niobrara shale formations in western Colorado; and DFW Midstream system comprising the Barnett Shale formation located in north-central Texas. In addition, it owns an ownership interest in Ohio Gathering, which owns and operates natural gas gathering and condensate stabilization facility in the Utica Shale in southeastern Ohio. It 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 based in Houston, Texas.

SMLP Stock Price History

30 days | 90 days | 365 days | Advanced Chart

SMLP Stock News Headlines

March 24, 2024 | insidertrades.com

James David Johnston Sells 3,400 Shares of Summit Midstream Partners, LP (NYSE:SMLP) Stock

March 20, 2024 | insidertrades.com

Summit Midstream Partners, LP (NYSE:SMLP) Insider James David Johnston Sells 600 Shares

April 19, 2024 | Behind the Markets (Ad)

Tiny Biotech Stock Wins $75 Billion Patent

April 17, 2024 | americanbankingnews.com

Summit Midstream Partners (NYSE:SMLP) Share Price Crosses Above Two Hundred Day Moving Average of $19.42

April 1, 2024 | finance.yahoo.com

Summit Midstream launches open season on natural gas pipeline

April 1, 2024 | prnewswire.com

Double E Pipeline Announces Open Season for Available Capacity

March 27, 2024 | finance.yahoo.com

Summit Midstream Partners, LP Announces Excess Cash Flow Offer to Purchase up to $19,331,000 Aggregate Principal Amount of Outstanding 8.500% Senior Secured Second Lien Notes Due 2026

March 25, 2024 | prnewswire.com

Summit Midstream Partners, LP Announces 2023 K-1 Tax Package Availability

April 19, 2024 | Behind the Markets (Ad)

Tiny Biotech Stock Wins $75 Billion Patent

March 22, 2024 | markets.businessinsider.com

Summit Midstream Gains Over Sale Of Utica Position To MPLX LP For $625 Mln

March 22, 2024 | markets.businessinsider.com

Summit Midstream Sells Utica Position To MPLX LP For $625 Mln In Cash

March 22, 2024 | reuters.com

Summit Midstream exits Utica shale in $625 mln deal with MPLX

March 22, 2024 | msn.com

Why Summit Midstream Partners Shares Are Jumping Today

March 22, 2024 | finance.yahoo.com

UPDATE 1-Summit Midstream Partners to sell Utica assets to MPLX for $625 mln

March 22, 2024 | msn.com

Summit Midstream Partners sells Utica position to MPLX in $625M deal

March 22, 2024 | prnewswire.com

Summit Midstream Partners, LP Announces Sale of Utica Position for $625 Million

March 21, 2024 | seekingalpha.com

SMLP Summit Midstream Partners, LP Common Units

March 17, 2024 | seekingalpha.com

Summit Midstream Partners, LP (SMLP) Q4 2023 Earnings Call Transcript

March 16, 2024 | finance.yahoo.com

Summit Midstream Partners, LP (NYSE:SMLP) Q4 2023 Earnings Call Transcript

March 16, 2024 | finance.yahoo.com

Q4 2023 Summit Midstream Partners LP Earnings Call

March 15, 2024 | msn.com

Summit Midstream Attracts Buzz? Strategic Review Enters Critical Phase with High Interest

March 15, 2024 | investorplace.com

SMLP Stock Earnings: Summit Midstream Partners Beats Revenue for Q4 2023

March 15, 2024 | finanznachrichten.de

SUMMIT MIDSTREAM PARTNERS LP

March 15, 2024 | markets.businessinsider.com

Summit Midstream Partners Posts Narrower Loss In Q4 - Quick Facts

March 15, 2024 | finance.yahoo.com

Summit Midstream Partners, LP Reports Fourth Quarter and Full-Year 2023 Financial and Operating Results, 2024 Guidance and Strategic Alternatives Update

March 15, 2024 | finance.yahoo.com

Summit Midstream Partners LP Reports Q4 and Full-Year 2023 Results with Strategic Updates

March 11, 2024 | finance.yahoo.com

SMLP Mar 2024 20.000 put

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Company Calendar

Last Earnings: 3/15/2024
Today: 4/19/2024
Next Earnings (Estimated): 5/03/2024
Fiscal Year End: 12/31/2024

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Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Oils/Energy
Industry: Natural gas transmission
Sub-Industry: N/A
Current Symbol: NYSE:SMLP
CUSIP: N/A
CIK: 1549922
Web: www.summitmidstream.com
Phone: (832) 413-4770
Fax: N/A
Employees: 244
Year Founded: 2009

Profitability

EPS (Most Recent Fiscal Year): ($6.12)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-38,950,000.00
Net Margins: -8.49%
Pretax Margin: -15.79%
Return on Equity: -4.72%
Return on Assets: -1.20%

Debt

Debt-to-Equity Ratio: 2.34
Current Ratio: 0.73
Quick Ratio: 0.73

Sales & Book Value

Annual Sales: $458.90 million
Price / Sales: 0.63
Cash Flow: $10.09 per share
Price / Cash Flow: 2.76
Book Value: $59.91 per share
Price / Book: 0.46

Miscellaneous

Outstanding Shares: 10,420,000
Free Float: 10,031,000
Market Cap: $290.20 million
Optionable: Optionable
Beta: 2.33

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Key Executives

Mr. J. Heath Deneke (Age 50)
President, CEO & Chairman of Summit Midstream GP, LLC
Comp: $2.45M
Mr. William J. Mault (Age 38)
Executive VP & CFO of Summit Midstream GP, LLC
Comp: $916.27k
Mr. James David Johnston (Age 54)
Executive VP, General Counsel, Secretary & Chief Compliance Officer of Summit Midstream GP LLC
Comp: $993.02k
Mr. Hugo Guerrero
Senior Vice President of Engineering & Operations of Summit Midstream GP LLC
Mr. Matthew B. Sicinski (Age 47)
Senior VP & Chief Accounting Officer of Summit Midstream GP LLC
Randall Burton
Director of Finance, Treasurer & Investor Relations
Ms. Carrie Vruno
VP & Controller of Summit Midstream GP LLC

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

SMLP Stock Analysis - Frequently Asked Questions

How have SMLP shares performed in 2024?: Summit Midstream Partners' stock was trading at $17.91 at the start of the year. Since then, SMLP stock has increased by 55.0% and is now trading at $27.76.
View the best growth stocks for 2024 here.
Are investors shorting Summit Midstream Partners?: Summit Midstream Partners saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 65,400 shares, an increase of 178.3% from the March 15th total of 23,500 shares. Based on an average trading volume of 50,400 shares, the short-interest ratio is presently 1.3 days. Currently, 0.7% of the shares of the company are short sold.
View Summit Midstream Partners' Short Interest.
When is Summit Midstream Partners' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Friday, May 3rd 2024.
View our SMLP earnings forecast.
How were Summit Midstream Partners' earnings last quarter?: Summit Midstream Partners, LP (NYSE:SMLP) posted its earnings results on Friday, March, 15th. The pipeline company reported ($1.29) earnings per share for the quarter. The pipeline company earned $127.32 million during the quarter. Summit Midstream Partners had a negative net margin of 8.49% and a negative trailing twelve-month return on equity of 4.72%.
What ETF holds Summit Midstream Partners' stock?: Global X MLP ETF holds 100 shares of SMLP stock, representing 0.00% of its portfolio.
When did Summit Midstream Partners' stock split?: Summit Midstream Partners shares reverse split on the morning of 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 market closes on Monday, November 9th 2020. An investor that had 100 shares of stock prior to the reverse split would have 7 shares after the split.

What is Steve Newby's approval rating as Summit Midstream Partners' CEO?: 6 employees have rated Summit Midstream Partners Chief Executive Officer Steve Newby on Glassdoor.com. Steve Newby has an approval rating of 100% among the company's 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?: Based on aggregate information from My MarketBeat watchlists, some companies that other Summit Midstream Partners investors own include Chembio Diagnostics (CEMI), Prospect Capital (PSEC), Washington Prime Group (WPG), Two Harbors Investment (TWO), New Residential Investment (NRZ), Calumet Specialty Products Partners (CLMT), BlackRock Capital Investment (BKCC), CBL & Associates Properties (CBL), Golar LNG Partners (GMLP) and NovoCure (NVCR).
How do I buy shares of Summit Midstream Partners?: Shares of SMLP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.
Does Summit Midstream Partners have any subsidiaries?: The following companies are subsidiares of Summit Midstream Partners: Bison Midstream LLC, DFW Midstream Services LLC, Epping Transmission Company LLC, Grand River Gathering LLC, Meadowlark Midstream Company LLC, Mountaineer Midstream Company LLC, Polar Midstream LLC, Red Rock Gathering Company LLC, Summit Midstream Finance Corp., Summit Midstream Holdings LLC, Summit Midstream Marketing LLC, Summit Midstream Niobrara LLC, Summit Midstream OpCo LP, Summit Midstream Permian Finance LLC, Summit Midstream Permian II LLC, Summit Midstream Permian LLC, Summit Midstream Utica LLC, Summit Permian Transmission Holdco LLC, and Summit Permian Transmission LLC.
Read More

This page (NYSE:SMLP) was last updated on 4/19/2024 by MarketBeat.com Staff

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Summit Midstream Partners (SMLP) Stock Price, News & Analysis

About Summit Midstream Partners Stock (NYSE:SMLP)

SMLP Stock Price History

SMLP Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Insiders & Institutions

SMLP Stock Analysis - Frequently Asked Questions

About MarketBeat

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