Logo image of SMLP

SUMMIT MIDSTREAM PARTNERS LP (SMLP) Stock Price, Forecast & Analysis

USA - NYSE:SMLP - US8661424098

38.05 USD
+1.34 (+3.65%)
Last: 7/31/2024, 8:04:00 PM

SMLP Key Statistics, Chart & Performance

Key Statistics
Market Cap405.23M
Revenue(TTM)465.29M
Net Income(TTM)81.38M
Shares10.65M
Float9.26M
52 Week High38.05
52 Week Low13
Yearly Dividend0.63
Dividend YieldN/A
EPS(TTM)7.17
PE5.31
Fwd PE21.94
Earnings (Next)10-31 2024-10-31/bmo
IPO2012-09-28
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
GICS IndustryGroupEnergy


SMLP short term performance overview.The bars show the price performance of SMLP in the last week, last 2 weeks, last month, last 3 and 6 months. 1 week 2 week 1 month 3 months 6 months 20 40 60 80 100

SMLP long term performance overview.The bars show the price performance of SMLP in the last 1, 2 and 3 years. 1 year 2 years 3 years 50 100 150

The current stock price of SMLP is 38.05 USD. In the past month the price increased by 7.88%. In the past year, price increased by 152.82%.

SUMMIT MIDSTREAM PARTNERS LP / SMLP Daily stock chart

SMLP Latest News, Press Relases and Analysis

SMLP Competitors/Peers

The largest stocks on the US markets in the "Oil & Gas Storage & Transportation" sub-industry
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WMB WILLIAMS COS INC31.1972.76B
EPD ENTERPRISE PRODUCTS PARTNERS11.867.69B
KMI KINDER MORGAN INC21.5959.00B
ET ENERGY TRANSFER LP13.1656.47B
MPLX MPLX LP10.8652.25B
LNG CHENIERE ENERGY INC11.5845.69B
OKE ONEOK INC12.5242.90B
TRGP TARGA RESOURCES CORP23.1337.03B
CQP CHENIERE ENERGY PARTNERS LP13.2924.64B
WES WESTERN MIDSTREAM PARTNERS L11.5415.91B
PAA PLAINS ALL AMER PIPELINE LP10.811.70B
DTM DT MIDSTREAM INC28.7911.58B

About SMLP

Company Profile

SMLP logo image Summit Midstream Partners LP engages in the business of developing, owning, and operating midstream energy infrastructure assets that are strategically located in unconventional resource basins, primarily shale formations. The company is headquartered in Houston, Texas and currently employs 244 full-time employees. The company went IPO on 2012-09-28. Its segments include Rockies, Permian, Northeast, Piceance and Barnett. The company provides natural gas, crude oil and produced water gathering, processing and transportation services pursuant to primarily long-term, fee-based agreements with customers and counterparties in five unconventional resource basins: the Appalachian Basin, which includes the Marcellus shale formation in West Virginia; the Williston Basin, which includes the Bakken and Three Forks shale formations in North Dakota; the Denver-Julesburg Basin, which includes the Niobrara and Codell shale formations in Colorado and Wyoming; the Fort Worth Basin, which includes the Barnett Shale formation in Texas; and the Piceance Basin that includes the Mesaverde formation as well as the Mancos and Niobrara shale formations in Colorado.

Company Info

SUMMIT MIDSTREAM PARTNERS LP

910 Louisiana Street, Suite 4200

Houston TEXAS 77002 US

CEO: J. Heath Deneke

Employees: 244

SMLP Company Website

Phone: 18324134770

SUMMIT MIDSTREAM PARTNERS LP / SMLP FAQ

What does SMLP do?

Summit Midstream Partners LP engages in the business of developing, owning, and operating midstream energy infrastructure assets that are strategically located in unconventional resource basins, primarily shale formations. The company is headquartered in Houston, Texas and currently employs 244 full-time employees. The company went IPO on 2012-09-28. Its segments include Rockies, Permian, Northeast, Piceance and Barnett. The company provides natural gas, crude oil and produced water gathering, processing and transportation services pursuant to primarily long-term, fee-based agreements with customers and counterparties in five unconventional resource basins: the Appalachian Basin, which includes the Marcellus shale formation in West Virginia; the Williston Basin, which includes the Bakken and Three Forks shale formations in North Dakota; the Denver-Julesburg Basin, which includes the Niobrara and Codell shale formations in Colorado and Wyoming; the Fort Worth Basin, which includes the Barnett Shale formation in Texas; and the Piceance Basin that includes the Mesaverde formation as well as the Mancos and Niobrara shale formations in Colorado.


Can you provide the latest stock price for SUMMIT MIDSTREAM PARTNERS LP?

The current stock price of SMLP is 38.05 USD. The price increased by 3.65% in the last trading session.


What is the dividend status of SUMMIT MIDSTREAM PARTNERS LP?

SMLP does not pay a dividend.


How is the ChartMill rating for SUMMIT MIDSTREAM PARTNERS LP?

SMLP has a ChartMill Technical rating of 10 out of 10 and a ChartMill Fundamental rating of 3 out of 10.


What is the Price/Earnings (PE) ratio of SUMMIT MIDSTREAM PARTNERS LP (SMLP)?

The PE ratio for SUMMIT MIDSTREAM PARTNERS LP (SMLP) is 5.31. This is based on the reported non-GAAP earnings per share of 7.17 and the current share price of 38.05 USD.


Can you provide the upcoming dividend date for SUMMIT MIDSTREAM PARTNERS LP?

The next ex-dividend date for SUMMIT MIDSTREAM PARTNERS LP (SMLP) is February 6, 2020.


Can you provide the market cap for SUMMIT MIDSTREAM PARTNERS LP?

SUMMIT MIDSTREAM PARTNERS LP (SMLP) has a market capitalization of 405.23M USD. This makes SMLP a Small Cap stock.


SMLP Technical Analysis

ChartMill assigns a technical rating of 10 / 10 to SMLP. When comparing the yearly performance of all stocks, SMLP is one of the better performing stocks in the market, outperforming 98.35% of all stocks.


Chartmill TA Rating
Chartmill Setup Rating

SMLP Fundamental Analysis

ChartMill assigns a fundamental rating of 3 / 10 to SMLP. Both the profitability and financial health of SMLP have multiple concerns.


Chartmill FA Analysis
Valuation
Growth
Profitability
Health
Dividend

SMLP Financial Highlights

Over the last trailing twelve months SMLP reported a non-GAAP Earnings per Share(EPS) of 7.17. The EPS increased by 145.9% compared to the year before.


Industry RankSector Rank
PM (TTM) 17.49%
ROA 3.51%
ROE 8.34%
Debt/Equity 1.16
Chartmill High Growth Momentum
EPS Q2Q%730.2%
Sales Q2Q%5.66%
EPS 1Y (TTM)145.9%
Revenue 1Y (TTM)20.54%

SMLP Forecast & Estimates

6 analysts have analysed SMLP and the average price target is 22.44 USD. This implies a price decrease of -41.02% is expected in the next year compared to the current price of 38.05.

For the next year, analysts expect an EPS growth of 95.4% and a revenue growth 6.33% for SMLP


Analysts
Analysts43.33
Price Target22.44 (-41.02%)
EPS Next Y95.4%
Revenue Next Year6.33%

SMLP Ownership

Ownership
Inst Owners9.09%
Ins Owners59.18%
Short Float %N/A
Short RatioN/A