NYSE:SMLP Summit Midstream Partners (SMLP) Stock Price, News & Analysis → Claim Your Complimentary Bitcoin Reward (From Crypto Swap Profits) (Ad) Free SMLP Stock Alerts $34.02 +5.86 (+20.81%) (As of 05/3/2024 ET) Add Compare Share Share Today's Range$28.25▼$35.8950-Day Range$17.63▼$34.0252-Week Range$13.00▼$35.89Volume132,591 shsAverage Volume27,315 shsMarket Capitalization$354.35 millionP/E Ratio4.74Dividend YieldN/APrice TargetN/A Stock AnalysisStock AnalysisChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Summit Midstream Partners alerts: Email Address Summit Midstream Partners MarketRank™ Stock AnalysisAnalyst RatingN/AUpside/DownsideN/AShort InterestHealthy0.47% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.65Based on 9 Articles This WeekInsider TradingSelling Shares$179,459 Sold Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.32 out of 5 starsOils/Energy Sector1308th out of 1,427 stocksNatural Gas Transmission Industry91st out of 114 stocks N/A Analyst's Opinion Consensus RatingThere is not enough analysis data for Summit Midstream Partners. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.47% of the float of Summit Midstream Partners has been sold short.Short Interest Ratio / Days to CoverSummit Midstream Partners has a short interest ratio ("days to cover") of 0.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Summit Midstream Partners has recently decreased by 35.47%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldSummit Midstream Partners does not currently pay a dividend.Dividend GrowthSummit Midstream Partners does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for SMLP. Previous Next 2.6 News and Social Media Coverage News SentimentSummit Midstream Partners has a news sentiment score of 0.65. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.53 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 9 news articles for Summit Midstream Partners this week, compared to 1 article on an average week.Search InterestOnly 2 people have searched for SMLP on MarketBeat in the last 30 days. This is a decrease of -60% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Summit Midstream Partners insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $179,459.00 in company stock.Percentage Held by InsidersOnly 5.30% of the stock of Summit Midstream Partners is held by insiders.Percentage Held by Institutions42.97% of the stock of Summit Midstream Partners is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Summit Midstream Partners is 4.74, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.42.Price to Earnings Ratio vs. SectorThe P/E ratio of Summit Midstream Partners is 4.74, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 15.37.Price to Book Value per Share RatioSummit Midstream Partners has a P/B Ratio of 0.57. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad TradeSmithThe A.I. story nobody is telling you (Read ASAP)There's been a lot of buzz surrounding A.I. over the past year... Most of it is just hype and speculation. But there's one recent A.I. development you NEED to hear about...Click here to see Louis' new video for yourself. 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.Read More SMLP Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SMLP Stock News HeadlinesMay 4, 2024 | finance.yahoo.comSummit Midstream Partners, LP (NYSE:SMLP) Q1 2024 Earnings Call TranscriptMay 4, 2024 | gurufocus.comSummit Midstream Partners LP (SMLP) (Q1 2024) Earnings Call Transcript Highlights: Strategic ...May 4, 2024 | Colonial Metals (Ad)The asset beating inflation by 4x"Trump Loophole" Beats Inflation? Inflation has been out of control for years. Forcing you to work longer and harder for more money that is worth less. By using the "Trump Loophole", you can use a special retirement account to buy gold — and other precious metals — without taxes or penalties.May 2, 2024 | investorplace.comSMLP Stock Earnings: Summit Midstream Partners Reported Results for Q1 2024May 2, 2024 | finance.yahoo.comSummit Midstream Partners LP Reports Strong Q1 2024 Financial Results Amid Strategic Asset ...May 2, 2024 | prnewswire.comAntero Midstream Announces Bolt-On Acquisition, Increased 2024 Guidance and Redemption of 2026 Senior NotesMay 2, 2024 | prnewswire.comSummit Midstream Partners, LP Reports First Quarter 2024 Financial and Operating ResultsMay 2, 2024 | americanbankingnews.comSummit Midstream Partners (SMLP) Set to Announce Earnings on FridayMay 4, 2024 | Colonial Metals (Ad)The asset beating inflation by 4x"Trump Loophole" Beats Inflation? Inflation has been out of control for years. Forcing you to work longer and harder for more money that is worth less. By using the "Trump Loophole", you can use a special retirement account to buy gold — and other precious metals — without taxes or penalties.April 25, 2024 | prnewswire.comSummit Midstream Partners, LP Schedules First Quarter 2024 Earnings Call and Announces Expiration and Results for Excess Cash Flow Offer to Purchase up to $19,331,000 Aggregate Principal Amount of Outstanding 8.500% Senior Secured Second Lien Notes Due 2026April 25, 2024 | americanbankingnews.comSummit Midstream Partners (NYSE:SMLP) Share Price Passes Above Two Hundred Day Moving Average of $19.94April 1, 2024 | finance.yahoo.comSummit Midstream launches open season on natural gas pipelineApril 1, 2024 | prnewswire.comDouble E Pipeline Announces Open Season for Available CapacityMarch 27, 2024 | finance.yahoo.comSummit 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 2026March 25, 2024 | prnewswire.comSummit Midstream Partners, LP Announces 2023 K-1 Tax Package AvailabilityMarch 22, 2024 | markets.businessinsider.comSummit Midstream Gains Over Sale Of Utica Position To MPLX LP For $625 MlnMarch 22, 2024 | markets.businessinsider.comSummit Midstream Sells Utica Position To MPLX LP For $625 Mln In CashMarch 22, 2024 | reuters.comSummit Midstream exits Utica shale in $625 mln deal with MPLXMarch 22, 2024 | msn.comWhy Summit Midstream Partners Shares Are Jumping TodayMarch 22, 2024 | finance.yahoo.comUPDATE 1-Summit Midstream Partners to sell Utica assets to MPLX for $625 mlnMarch 22, 2024 | msn.comSummit Midstream Partners sells Utica position to MPLX in $625M dealMarch 22, 2024 | prnewswire.comSummit Midstream Partners, LP Announces Sale of Utica Position for $625 MillionMarch 21, 2024 | seekingalpha.comSMLP Summit Midstream Partners, LP Common UnitsMarch 17, 2024 | seekingalpha.comSummit Midstream Partners, LP (SMLP) Q4 2023 Earnings Call TranscriptMarch 16, 2024 | finance.yahoo.comSummit Midstream Partners, LP (NYSE:SMLP) Q4 2023 Earnings Call TranscriptMarch 16, 2024 | finance.yahoo.comQ4 2023 Summit Midstream Partners LP Earnings CallMarch 15, 2024 | msn.comSummit Midstream Attracts Buzz? Strategic Review Enters Critical Phase with High InterestSee More Headlines Receive SMLP Stock 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. Email Address Company Calendar Last Earnings3/15/2024Today5/04/2024Next Earnings (Estimated)8/14/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorOils/Energy Industry Natural gas transmission Sub-IndustryN/A Current SymbolNYSE:SMLP CUSIPN/A CIK1549922 Webwww.summitmidstream.com Phone(832) 413-4770FaxN/AEmployees244Year Founded2009Profitability EPS (Most Recent Fiscal Year)($6.12) Trailing P/E Ratio4.74 Forward P/E RatioN/A P/E GrowthN/ANet Income$-38,950,000.00 Net Margins23.24% Pretax Margin-15.79% Return on Equity26.81% Return on Assets6.80% Debt Debt-to-Equity Ratio2.34 Current Ratio0.73 Quick Ratio0.73 Sales & Book Value Annual Sales$458.90 million Price / Sales0.77 Cash Flow$12.37 per share Price / Cash Flow2.75 Book Value$59.91 per share Price / Book0.57Miscellaneous Outstanding Shares10,416,000Free Float9,864,000Market Cap$354.35 million OptionableOptionable Beta2.32 Social Links 10 Best Stocks to Own in 2024Click the link below and we'll send you MarketBeat's list of the 10 best stocks to own in 2024 and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. J. Heath Deneke (Age 50)President, CEO & Chairman of Summit Midstream GP, LLC Comp: $2.45MMr. William J. Mault (Age 38)Executive VP & CFO of Summit Midstream GP, LLC Comp: $916.27kMr. James David Johnston (Age 54)Executive VP, General Counsel, Secretary & Chief Compliance Officer of Summit Midstream GP LLC Comp: $993.02kMr. Hugo GuerreroSenior Vice President of Engineering & Operations of Summit Midstream GP LLCMr. Matthew B. Sicinski (Age 47)Senior VP & Chief Accounting Officer of Summit Midstream GP LLC Randall BurtonDirector of Finance, Treasurer & Investor RelationsMs. Carrie VrunoVP & Controller of Summit Midstream GP LLCMore ExecutivesKey CompetitorsNGL Energy PartnersNYSE:NGLIris EnergyNASDAQ:IRENMatrix ServiceNASDAQ:MTRXUranium RoyaltyNASDAQ:UROYNatural Gas Services GroupNYSE:NGSView All CompetitorsInsiders & InstitutionsNomura Holdings Inc.Sold 2,265 shares on 3/27/2024Ownership: 2.131%James David JohnstonSold 3,400 sharesTotal: $85,714.00 ($25.21/share)James David JohnstonSold 600 sharesTotal: $12,150.00 ($20.25/share)James David JohnstonSold 3,300 sharesTotal: $66,825.00 ($20.25/share)James David JohnstonSold 700 sharesTotal: $14,770.00 ($21.10/share)View All Insider TransactionsView 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 on January 1st, 2024. Since then, SMLP shares have increased by 89.9% and is now trading at $34.02. View the best growth stocks for 2024 here. Are investors shorting Summit Midstream Partners? Summit Midstream Partners saw a decrease in short interest in the month of April. As of April 15th, there was short interest totaling 42,200 shares, a decrease of 35.5% from the March 31st total of 65,400 shares. Based on an average daily trading volume, of 52,300 shares, the days-to-cover ratio is currently 0.8 days. Approximately 0.5% of the company's stock are sold short. 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 Wednesday, August 14th 2024. View our SMLP earnings forecast. How were Summit Midstream Partners' earnings last quarter? Summit Midstream Partners, LP (NYSE:SMLP) released its quarterly 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 net margin of 23.24% and a trailing twelve-month return on equity of 26.81%. Is Summit Midstream Partners a good dividend stock? Summit Midstream Partners (NYSE:SMLP) pays an annual dividend of $0.50 per share and currently has a dividend yield of 0.00%. Read our dividend analysis for SMLP. 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 5/4/2024 by MarketBeat.com Staff From Our PartnersElon to Transform U.S. Economy? 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