SMLP
Summit Midstream Partners, LP
Set alert
52-week range unavailable
- Open
- 36.75
- Prev close
- 38.05
- Mkt cap
- 405.18M
- Vol
- 74.81K
- Avg vol
- 0
- EPS
- 0.00
- P/E
- 0.00
- Div yield
- 0.00%
More statistics
- Low
- 36.59
- High
- 38.05
- Forward P/E
- 22.38
- Beta
- 2.45
- Short ratio
- 5.40
- Inst. own
- 35.02%
- Dividend
- 0.00
- Ex-div date
- Feb 5, 2020
- Earnings
- Aug 14, 2024
- 50-d avg
- 35.15
- 200-d avg
- 25.61
- 1y target
- 0.00
Key statistics
- Market cap
- 405.18M
- Enterprise value
- 1.44B
- Trailing P/E
- 5.30
- Forward P/E
- 22.38
- PEG ratio
- 0.00
- Price / sales
- 0.87
- Price / book
- 0.54
- EPS (TTM)
- 7.18
- Beta
- 2.45
- Dividend yield
- 0.00%
- Payout ratio
- 0.00%
- Profit margin
- 23.20%
- Revenue (TTM)
- 466.21M
- Revenue growth
- 5.70%
- Free cash flow
- 44.89M
- Total cash
- 344.59M
- Total debt
- 1.16B
- Return on equity
- 11.73%
- Shares outstanding
- 10.65M
- Short % of float
- 1.91%
- 50-day average
- 35.15
- 200-day average
- 25.61
Analyst view
Consensus: hold
- Strong buy2
- Buy1
- Hold4
- Sell2
- Strong sell0
Next earnings
Aug 14, 2024
Expected Aug 14, 2024. Consensus EPS estimate 0.00.
Financials — quick view
Earnings
| Report date | Quarter ending | EPS estimate | EPS reported | Surprise | Surprise % |
|---|---|---|---|---|---|
| Aug 14, 2024 | Jun 1, 2024 | 0.00 | — | — | — |
| May 2, 2024 | Mar 1, 2024 | 0.00 | — | — | — |
| Mar 15, 2024 | Dec 1, 2023 | 0.00 | — | — | — |
| Aug 9, 2023 | Jun 1, 2023 | 0.00 | — | — | — |
| May 5, 2023 | Mar 1, 2023 | 0.00 | — | — | — |
| Feb 24, 2023 | Dec 1, 2022 | 0.00 | — | — | — |
Upgrades / downgrades
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Mar 14, 2023 | RBC Capital | main | — | Sector Perform |
About Summit Midstream Partners, LP
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.
- Sector
- Energy
- Industry
- Oil & Gas Midstream
- Country
- United States
- Website
- summitmidstream.com
News
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Insider holders
| Insider | Relation | Latest transaction | Date | Shares held |
|---|---|---|---|---|
| CLEARY JAMES J | Affiliated Person | Stock Award(Grant) | Jan 17, 2024 | 30,209 |
| DENEKE J HEATH | Officer and Director | Conversion of Exercise of derivative security | Mar 14, 2024 | 288,006 |
| JACOBE JAMES LEE | Affiliated Person | Stock Award(Grant) | Jan 17, 2024 | 38,891 |
| JOHNSTON JAMES DAVID | Officer | Sale | Mar 21, 2024 | 48,201 |
| MAULT WILLIAM J | Officer | Conversion of Exercise of derivative security | Mar 14, 2024 | 40,282 |
| MCNALLY ROBERT JOSEPH | Affiliated Person | Stock Award(Grant) | Jan 17, 2024 | 30,209 |
Institution ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Invesco Ltd. | 8.81% | 914,071 | 14.85M | Jun 29, 2023 |
| Shenkman Capital Management Inc | 8.61% | 893,866 | 14.53M | Jun 29, 2023 |
| Bank of America Corporation | 4.56% | 473,564 | 7.70M | Jun 29, 2023 |
| CQS (US), LLC | 4.53% | 469,539 | 7.63M | Jun 29, 2023 |
| Ares Management LLC | 3.34% | 346,628 | 5.63M | Jun 29, 2023 |
| Goldman Sachs Group Inc | 2.57% | 266,815 | 4.34M | Jun 29, 2023 |
Fund ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Invesco Steelpath MLP Income Fund | 7.12% | 738,629 | 11.18M | May 30, 2023 |
| Invesco Steelpath MLP Select 40 Fund | 1.69% | 175,442 | 2.66M | May 30, 2023 |
| Goldman Sachs High Yield Fund | 1.22% | 127,001 | 2.06M | Jun 29, 2023 |
| Virtus Asset Tr-Virtus SEIX Floating Rate High Income Fd | 1.04% | 108,293 | 1.76M | Jun 29, 2023 |
| Goldman Sachs Income Builder Fund | 0.84% | 86,915 | 1.40M | Jul 30, 2023 |
| American Century High Income Fund | 0.44% | 45,521 | 739.72K | Jun 29, 2023 |