Summit Midstream Partners, LP (SMLP) |
| 38.05 1.34 (3.65%) 07-31 16:00 |
| Open: | 36.75 |
| High: | 38.05 |
| Low: | 36.59 |
| Volume: | 74,813 |
| Market Cap: | 405(M) |
| PE Ratio: | 5.3 |
| Exchange: | New York Stock Exchange |
| Industry: | Oil & Gas Midstream |
| Sector: | Energy |
| Technical analysis | ||||
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| sell | buy | |||
| Resistance 2: | 15.09 |
| Resistance 1: | 13.10 |
| Pivot price: | 11.05 |
| Support 1: | 9.88 |
| Support 2: | 8.22 |
| 52w High: | 40.75 |
| 52w Low: | 13 |
Summit Midstream Partners, LP (SMLP) is an energy enterprise primarily dedicated to acquiring, expanding, and managing essential midstream infrastructure assets. The company predominantly concentrates its efforts on various shale formations located throughout the continental United States. SMLP's service offerings encompass a broad range of midstream activities, including the collection, compression, treatment, and processing of natural gas, as well as the gathering of crude oil and produced water. The firm's operational presence spans a diverse array of prominent unconventional resource basins. These key areas include the Utica and Point Pleasant shale formations in southeastern Ohio; the Williston Basin, which comprises the Bakken and Three Forks shale plays in northwestern North Dakota; and the Denver-Julesburg Basin in Colorado, home to the Niobrara and Codell shale formations. Operations also extend to the Permian Basin in New Mexico, targeting the Bone Spring and Wolfcamp shales. In western Colorado, SMLP is active within the Piceance Basin, handling production from the Mesaverde, Mancos, and Niobrara formations. Further strategic locations include the Barnett Shale in north-central Texas and the Marcellus Shale in northern West Virginia. Beyond its direct operations, Summit Midstream Partners possesses an ownership stake in Ohio Gathering, an entity that owns and operates facilities for natural gas gathering and condensate stabilization within southeastern Ohio's Utica Shale. The company primarily serves natural gas and crude oil producers. Established in 2009, SMLP is governed by its general partner, Summit Midstream GP, LLC, and its corporate headquarters are situated in Houston, Texas.
| EPS | -2.110 |
| Book Value | 16.030 |
| PEG Ratio | 1.64 |
| Gross Profit | 5.238 |
| Profit Margin (%) | -14.28 |
| Operating Margin (%) | 12.78 |
| Return on Assets (ttm) | 5.4 |
| Return on Equity (ttm) | -12.2 |
Wed, 04 Dec 2024
Year in Review: Summit Midstream selling Utica business for $625 million was a Deal of the Week - The Business Journals
Wed, 31 Jul 2024
Common Stock of Summit Midstream Corporation to Commence Trading on NYSE on Thursday, August 1 - PR Newswire
Mon, 22 Jul 2024
Another Houston-based midstream company ditches MLP structure - The Business Journals
Fri, 22 Mar 2024
Summit Midstream Partners, LP Announces Sale of Utica Position for $625 Million - PR Newswire
Fri, 09 Dec 2022
VettaFi Announces Constituent Changes to the Alerian Index Series - ETF Trends
Mon, 17 Oct 2022
Summit Midstream Partners, LP Announces Synergistic and Accretive Bolt-on Acquisitions in the DJ Basin - PR Newswire
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