stoxline Quote Chart Rank Option Currency Glossary
  
Summit Midstream Partners, LP (SMLP)
36.93  0.04 (0.11%)    07-26 16:00
Open: 36.6
High: 37.1
Volume: 19,940
  
Pre. Close: 36.89
Low: 36.5301
Market Cap: 393(M)
Technical analysis
2024-07-26 4:47:15 PM
Short term     
Mid term     
Targets 6-month :  43.85 1-year :  51.22
Resists First :  37.54 Second :  43.85
Pivot price 35.95
Supports First :  34.92 Second :  33.29
MAs MA(5) :  36.9 MA(20) :  35.74
MA(100) :  30.58 MA(250) :  22.37
MACD MACD :  0.8 Signal :  0.7
%K %D K(14,3) :  85.2 D(3) :  88.5
RSI RSI(14): 64.3
52-week High :  37.54 Low :  13
Price, MAs and Bollinger Bands

Price has closed above its short-term moving average. Short-term moving average is currently above mid-term; and above long-term moving average. From the relationship between price and moving averages: This stock is BULLISH in short-term; and BULLISH in mid-long term.
[ SMLP ] has closed below upper band by 25.4%. Bollinger Bands are 34.1% narrower than normal. The current width of the bands does not suggest anything about the future direction or movement of prices.

Stock Price Prediction
If tomorrow: Open lower Open higher
High: 37.15 - 37.28 37.28 - 37.39
Low: 36.15 - 36.33 36.33 - 36.47
Close: 36.67 - 36.94 36.94 - 37.15
Company Description

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 services. Its unconventional resource basins include the Utica and Point Pleasant shale formations in southeastern Ohio; the Williston Basin that consists of the Bakken and Three Forks shale formations in northwestern North Dakota; the Denver-Julesburg Basin, which include the Niobrara and Codell shale formations in Colorado; the Permian Basin that comprise the Bone Spring and Wolfcamp shale formations in New Mexico; the Piceance Basin, which include the Mesaverde formation, and the Mancos and Niobrara shale formations in western Colorado; the Barnett Shale formation in north-central Texas; and the Marcellus Shale formation in northern West Virginia. The company also 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. The company was founded in 2009 and is headquartered in Houston, Texas.

Headline News

Fri, 26 Jul 2024
“Summit Midstream Partners (SMLP) is More a Bet on The Jockey Than The Horse”: Legacy Ridge Capital Management - Insider Monkey

Thu, 25 Jul 2024
Summit Midstream Partners: There Is A Lot Of Value Left To Capture - Seeking Alpha

Tue, 23 Jul 2024
Summit Midstream Partners, LP Announces Expiration and Pricing Terms of Cash Tender Offer to Purchase Any and All of Its Subsidiaries' 8.500% Senior Secured Second Lien Notes Due 2026 - PR Newswire

Tue, 23 Jul 2024
Summit Midstream Partners (NYSE:SMLP) Receives New Coverage from Analysts at StockNews.com - MarketBeat

Tue, 23 Jul 2024
Summit Midstream Partners (NYSE:SMLP) Share Price Passes Above 200 Day Moving Average of $26.50 - MarketBeat

Tue, 23 Jul 2024
Summit Midstream Partners (NYSE:SMLP) Share Price Passes Above 200-Day Moving Average of $26.50 - Defense World

Financial Analysis
Price to Book Value:
P/BV, a ratio used to compare book value to its current market price, to gauge whether a stock is valued properly.
Outperform
Price to Earnings:
PE, the ratio for valuing a company that measures its current share price relative to its earnings per share (EPS).
Underperform
Discounted cash flow:
DCF, a valuation method used to estimate the value of an investment based on its expected future cash flows.
Underperform
Return on Assets:
ROA, indicates how profitable a company is in relation to its total assets, how efficiently uses assets to generate a profit.
Outperform
Return on Equity:
ROE, a measure of financial performance calculated by dividing net income by equity. a gauge of profitability and efficiency.
Outperform
Debt to Equity:
evaluate financial leverage, reflects the ability of equity to cover outstanding debts in the event of a business downturn.
Underperform
Stock Basics & Statistics
Exchange:
NYSE
Sector:
Energy
Industry:
Oil & Gas Midstream
Shares Out 11 (M)
Shares Float 9 (M)
Held by Insiders 13 (%)
Held by Institutions 33.8 (%)
Shares Short 76 (K)
Shares Short P.Month 45 (K)
Stock Financials
EPS 7.17
EPS Est Next Qtrly 0
EPS Est This Year 0
EPS Est Next Year 0
Book Value (p.s.) 70.29
Profit Margin 23.2 %
Operating Margin 17.6 %
Return on Assets (ttm) 2.1 %
Return on Equity (ttm) 11.7 %
Qtrly Rev. Growth 5.6 %
Gross Profit (p.s.) 0
Sales Per Share 43.77
EBITDA (p.s.) 19.31
Qtrly Earnings Growth 0 %
Operating Cash Flow 121 (M)
Levered Free Cash Flow 45 (M)
Stock Valuations
PE Ratio 5.14
PEG Ratio 0
Price to Book value 0.52
Price to Sales 0.84
Price to Cash Flow 3.25
Stock Dividends
Dividend 0
Forward Dividend 0
Dividend Yield 0%
Dividend Pay Date Invalid DateTime.
Ex-Dividend Date Invalid DateTime.

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