|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||16.35 - 16.80|
|52 Week Range||13.10 - 24.15|
|PE Ratio (TTM)||19.74|
|Earnings Date||Aug 1, 2018 - Aug 6, 2018|
|Forward Dividend & Yield||2.30 (14.11%)|
|1y Target Est||17.67|
DALLAS , July 12, 2018 /PRNewswire/ -- Alerian announced that as of the close of business on Monday, July 23, 2018 , the following companies will be added to the Alerian Midstream Energy Select Index (AMEI): ...
Seadrill Partners (SDLP), an MLP formed by Seadrill Limited (SDRL) to own, operate, and acquire offshore drilling rigs, was the top MLP gainer in the week ending July 6. Seadrill Partners rallied 12.1%. Last week, the gains could be attributed to a favorable court ruling and a new contract.
This article is intended for those of you who are at the beginning of your investing journey and want to begin learning the link between Summit Midstream Partners LP (NYSE:SMLP)’sRead More...
NEW YORK, June 18, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Summit ...
Summit Midstream's (SMLP) several growth projects lined up for the near future, upgradation of rank and impressive valuation support its growth potential.
THE WOODLANDS, Texas , June 7, 2018 /PRNewswire/ -- Steve Newby, President and Chief Executive Officer of Summit Midstream Partners, LP (NYSE: SMLP), will be featured in an upcoming podcast interview with ...
A big payout cut could be in the cards for two of these stocks while the third one looks poised to boost its generous payout.
THE WOODLANDS, Texas , May 25, 2018 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) announced today that the board of directors of its general partner, Summit Midstream GP, LLC, has declared ...
Currently, Summit Midstream Partners (SMLP) is trading at a yield close to 15%. On May 8, RBC cut its target price for Summit Midstream from $20 to $18. The mean target price for Summit Midstream provided by the surveyed analysts is $17.6.
Currently, the Alerian MLP Index (^AMZ) has a yield higher than 8%. Even with the ten-year Treasury yield’s rise above 3%, AMZ offers an attractive spread of 5% over the Treasury yield. However, there are some MLPs that are trading at yields above 12%. In this series, we’ll take a look at seven MLPs. We’ll see whether or not Wall Street analysts recommend these MLPs.
While insiders may sell their shareholdings for many reasons, such as personal needs for cash, they tend to buy more shares with one motive in mind – increase their exposureRead More...
Buckeye Partners (BPL) saw one rating downgrade and three target price revisions last week. Citigroup lowered the partnership to neutral, which is equivalent to “hold,” from a “buy.” The three target price revisions include: Citigroup: $39 from $55 Stifel: $45 from $56 Mizuho: $42 from $45
DALLAS , May 7, 2018 /PRNewswire/ -- Alerian reported index linked product positions of $13.5 billion as of March 31, 2018 . Linked products include exchange-traded funds, exchange-traded notes, return ...
NEW YORK, NY / ACCESSWIRE / May 4, 2018 / Summit MidstreamPartners LP (NYSE: SMLP ) will be discussing their earnings results in their Q1 Earnings Call to be held on May 4, 2018 at 10:00 AM Eastern Time. ...
- First quarter 2018 net loss of $3.8 million - First quarter 2018 adjusted EBITDA of $70.3 million and DCF of $44.2 million - First quarter 2018 natural gas volumes up 6.8% and liquids volumes up 11.3% ...
THE WOODLANDS, Texas, April 26, 2018 /PRNewswire/ -- Summit Midstream Partners, LP (SMLP) announced today that the board of directors of its general partner, Summit Midstream GP, LLC, has declared a quarterly cash distribution of $0.575 per unit on all of its outstanding common units, or $2.30 per unit on an annualized basis, for the quarter ended March 31, 2018. This quarterly distribution remains unchanged from the previous quarter and from the quarter ended March 31, 2017. This distribution will be paid on May 15, 2018, to unitholders of record as of the close of business on May 8, 2018. SMLP will host a conference call at 10:00 a.m. Eastern on Friday, May 4, 2018, to discuss its quarterly operating and financial results. Interested parties may participate in the call by dialing 847-585-4405 or toll-free 888-771-4371 and entering the passcode 46800643. The conference call will also be webcast live and can be accessed through the Investors section of SMLP's website at www.summitmidstream.com.
NEW YORK, April 23, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of ...
Legacy Reserves (LGCY), an upstream MLP involved in crude oil, natural gas, and NGLs (natural gas liquids) production, was the top MLP gainer in the week ending April 13, 2018. Legacy Reserves rallied 17.4% last week. The rally was mainly due to strong gains in crude oil prices.
The Federal Energy Regulatory Commission announced March 15 that it will change a policy regarding master limited partnerships' tax benefits. MLPs for interstate natural gas and oil pipelines will no longer be allowed to “recover an income tax allowance in cost-of-service rates,” according to a press release . The change was spurred by an appeals court decision in United Airlines Inc. v. FERC that said FERC failed to demonstrate that a pipeline operator was not receiving “double recovery” of “both an income tax allowance and a return on equity determined by the discounted cash flow methodology,” per the release.
SMLP is a growth-oriented limited partnership focused on developing, owning and operating midstream energy infrastructure assets that are strategically located in the core producing areas of unconventional resource basins, primarily shale formations, in the continental United States.