SMLP - Summit Midstream Partners, LP

NYSE - NYSE Delayed Price. Currency in USD
7.45
-0.16 (-2.10%)
At close: 4:02PM EDT

7.45 -0.00 (-0.00%)
After hours: 4:19PM EDT

Stock chart is not supported by your current browser
Previous Close7.61
Open7.60
Bid7.46 x 800
Ask7.48 x 800
Day's Range7.43 - 7.70
52 Week Range6.45 - 17.73
Volume284,361
Avg. Volume381,950
Market Cap616.08M
Beta (3Y Monthly)1.33
PE Ratio (TTM)N/A
EPS (TTM)-0.36
Earnings DateJul 31, 2019 - Aug 5, 2019
Forward Dividend & Yield1.15 (14.69%)
Ex-Dividend Date2019-05-07
1y Target Est8.22
Trade prices are not sourced from all markets
  • SMLP Announces Start-Up of DJ Basin Processing Plant
    PR Newswire3 days ago

    SMLP Announces Start-Up of DJ Basin Processing Plant

    THE WOODLANDS, Texas , July 15, 2019 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) announced today the successful commissioning of its new 60 MMcf/d cryogenic processing plant in the DJ Basin.  ...

  • Moody's8 days ago

    Summit Midstream Partners Holdings, LLC -- Moody's changes Summit Midstream's rating outlook to negative

    Moody's Investors Service (Moody's) changed Summit Midstream Partners, LP's (SMLP) rating outlook to negative from stable. Moody's also affirmed SMLP's Ba3 Corporate Family Rating (CFR), Ba3-PD Probability of Default Rating (PDR), B3 perpetual preferred units rating and SGL-3 Speculative Grade Liquidity (SGL) Rating.

  • 2 Incredibly Cheap Energy Stocks
    Motley Fool19 days ago

    2 Incredibly Cheap Energy Stocks

    These high-yielding midstream energy companies trade at bottom-of-the-barrel valuations.

  • Summit Midstream Partners, LP Makes Final Investment Decision on Double E Pipeline Project & Secures Joint Venture Partner
    PR Newswire21 days ago

    Summit Midstream Partners, LP Makes Final Investment Decision on Double E Pipeline Project & Secures Joint Venture Partner

    THE WOODLANDS, Texas , June 27, 2019 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) announced today a final investment decision ("FID") to proceed with the Double E Pipeline Project ...

  • 1 Ridiculously Cheap High-Yield Stock Worth Watching
    Motley Foollast month

    1 Ridiculously Cheap High-Yield Stock Worth Watching

    This beaten-down master limited partnership has big-time upside potential if it can turn things around.

  • Summit Midstream Partners, LP Announces Series A Preferred Distribution
    PR Newswirelast month

    Summit Midstream Partners, LP Announces Series A Preferred Distribution

    THE WOODLANDS, Texas , June 3, 2019 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) announced today that the board of directors of its general partner, Summit Midstream GP, LLC, has declared ...

  • Thomson Reuters StreetEvents2 months ago

    Edited Transcript of SMLP earnings conference call or presentation 10-May-19 2:00pm GMT

    Q1 2019 Summit Midstream Partners LP Earnings Call

  • ACCESSWIRE2 months ago

    Summit Midstream Partners LP to Host Earnings Call

    NEW YORK, NY / ACCESSWIRE / May 10, 2019 / Summit Midstream Partners LP (NYSE: SMLP ) will be discussing their earnings results in their 2019 First Quarter Earnings to be held on May 10, 2019 at 10:00 ...

  • Summit Midstream Partners, LP Reports First Quarter 2019 Financial Results
    PR Newswire2 months ago

    Summit Midstream Partners, LP Reports First Quarter 2019 Financial Results

    - Net cash provided by operating activities totaled $52.7 million for the first quarter of 2019 compared to $51.2 million for the prior-year period - 2019 adjusted EBITDA guidance affirmed at $295 million ...

  • What's in the Offing for Energy Transfer's (ET) Q1 Earnings?
    Zacks2 months ago

    What's in the Offing for Energy Transfer's (ET) Q1 Earnings?

    Energy Transfer's (ET) Q1 earnings are expected to benefit from contribution from its organic projects and fee-based structure of business.

  • PR Newswire3 months ago

    Cushing® Asset Management and Swank Capital Announce a Constituent Change to The Cushing® MLP High Income Index

    DALLAS , April 30, 2019 /PRNewswire/ -- Cushing ® Asset Management, LP, and Swank Capital, LLC, announce an upcoming interim change to constituents of The Cushing ® MLP High Income Index (the "Index"). ...

  • PR Newswire3 months ago

    Cushing® Asset Management and Swank Capital Announce a Constituent Change to The Cushing® 30 MLP Index

    DALLAS , April 30, 2019 /PRNewswire/ -- Cushing ® Asset Management, LP, and Swank Capital, LLC, announce an upcoming interim change to the constituents of The Cushing ®  30 MLP Index (the "Index"). ...

  • Summit Midstream Partners, LP Announces First Quarter 2019 Distribution and Schedules First Quarter 2019 Earnings Call
    PR Newswire3 months ago

    Summit Midstream Partners, LP Announces First Quarter 2019 Distribution and Schedules First Quarter 2019 Earnings Call

    THE WOODLANDS, Texas, April 25, 2019 /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 $0.2875 per unit on all of its outstanding common units, or $1.15 per unit on an annualized basis, for the quarter ended March 31, 2019.  This distribution was initially announced in conjunction with SMLP's fourth quarter earnings on February 26, 2019 and will be paid on May 15, 2019, to unitholders of record as of the close of business on May 8, 2019. SMLP will host a conference call at 10:00 a.m. Eastern on Friday, May 10, 2019, to discuss its quarterly results.  Interested parties may participate in the call by dialing 847-585-4405 or toll-free 888-771-4371 and entering the passcode 48480413.  The conference call will also be webcast live and can be accessed through the Investors section of SMLP's website at www.summitmidstream.com.

  • Summit Midstream Partners, LP Announces New Board Member
    PR Newswire3 months ago

    Summit Midstream Partners, LP Announces New Board Member

    THE WOODLANDS, Texas , April 18, 2019 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) announced today the appointment of Lee Jacobe to the board of directors of its general partner, Summit Midstream ...

  • Is Summit Midstream Partners, LP (SMLP) a Great Value Stock Right Now?
    Zacks3 months ago

    Is Summit Midstream Partners, LP (SMLP) a Great Value Stock Right Now?

    Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

  • TransCanada (TRP) Hits Fresh High: Is There Still Room to Run?
    Zacks3 months ago

    TransCanada (TRP) Hits Fresh High: Is There Still Room to Run?

    TransCanada (TRP) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

  • InvestorPlace3 months ago

    10 Dangerous Dividend Stocks to Avoid

    Considering that the Federal Reserve is still tapping the brakes on raising key interest rates, yield-hungry investors will continue to pour into dividend stocks. And that's a big reason I expect the market leaders in 2019 to be dividend growth stocks.Overall, the dividend yield on the S&P 500 hangs around 2%. Remember, most dividends are tax-advantaged and taxed at a maximum federal rate of 23.8%. So, the S&P 500 actually yields more than the 10-year Treasury bond, which yields 2.5% but is taxed at a maximum federal rate of 40.8%.However, not all dividend stocks are created equal. But before I explain why, let's take a step back and talk about what exactly a dividend is.InvestorPlace - Stock Market News, Stock Advice & Trading TipsA dividend is the distribution from a company's earnings paid directly to a class of its shareholders. It is up to the company as to when (or even if) it is paid. The dividends tend to be paid out on a quarterly basis, but some companies will also pay a semi-annual or annual dividend. Company management will always announce when it will be paid - including your deadline to buy the stock in order to receive this payout - and what the dividend will be per share.Now, the dividend yield varies depending on the company's actual dividend and where the stock price is at the time. In some cases, you may be looking at a double-digit dividend yield. But as attractive as a double-digit dividend yield may sound, I recommend you pump the brakes before investing. Chasing dividend yields alone can be downright dangerous. * 10 Medical Marijuana Stocks to Cure Your Portfolio Stocks are not like Treasury bonds or a savings account: There's no guarantee that you will get your money back. There's also no guarantee that company will continue paying a dividend. If you choose poorly, you could lose your capital as the stock price falls. Or, that nice juicy dividend could be slashed.In most cases, dividend yields are tantalizingly high for a reason (the stocks are cheap and rightly so) - and are simply not supported by the fundamental earnings power of the business.This is why my Dividend Grader is so important. Just like my Portfolio Grader, it uses my proprietary formula to put each stock through a rigorous test, crunching reams of data against a set of criteria I've created.This, in turn, tells us whether the stock is worth investing in or if we should be staying far, far away. Here are a few examples:Company Symbol Dividend Yield Total Grade Sanchez Midstream Partners LP NYSEAMERICAN:SNMP 55.9% F CBL & Associates Properties, Inc. NYSE:CBL 43.6% F BlueKnight Energy Partners LP LLC NASDAQ:BKEP 37.4% F Dynagas LNG Partners LP NYSE:DLNG 36.1% F Summit Midstream Partners LP NYSE:SMLP 23.6% F Medley Management, Inc. Class A NYSE:MDLY 23.3% F Uniti Group Inc NASDAQ:UNIT 21.5% F Arlington Asset Investment Corp. Class A NYSE:AI 21% F Owens & Minor, Inc. NYSE:OMI 20.9% F Office Properties Income Trust NASDAQ:OPI 20.7% f As you can see, each company has a huge double-digit dividend yield, but it also receives an "F" rating from Dividend Grader. This is because their dividend trend, dividend reliability, forward dividend growth and earnings are very, very poor.Now, I don't want to scare you away from dividends - far from it. I just want you to be aware of the potential risks. Investing in dividend stocks can also be very lucrative. If you get it right, you can make a fortune. Fundamentally strong dividend stocks pack a one-two punch of share price appreciation and a steady stream of income…with payouts that can be twice or five times what you get from a Treasury bond or from a bank.In fact, my Growth Investor advisor service features the creme de la creme of dividend growth stocks. A stock only makes it to our Elite Dividend Payers Buy List if it receives a "AA" rating, which means it must have an "A" rating in both Dividend Grader and Portfolio Grader.I've nicknamed these AA-rated stocks "Money Magnets" because I'm not the only one who finds them to be great investments - they're set to enjoy a flood of "smart money" from the big Wall Street institutions as well. Check out my full briefing on this phenomenon here.In fact, I just recommended a brand-new AA-rated stock in my latest Growth Investor Monthly Issue. It has a solid dividend yield, great long-term potential and is still trading below my recommended buy limit. You won't want to miss out on this exciting opportunity, so make sure to sign up here so I can reveal its name.It's no simple task to identify the best dividend stocks on the market, which is why Dividend Grader is such a handy tool to keep in your back pocket.The bottom line: Don't just jump into any dividend stock with a high yield. But if you stick with Dividend Grader, my proprietary formula will help you find the best of them and stay away from the worst.Now that you have an idea which dividend stocks to avoid - because they don't have the strength to sustain the payout - you won't want to miss my Money Magnets.Not only are these great businesses, but they're ones that big money on Wall Street has also noticed…leading to the most important sign of a stock's success: strong buying pressure.Most importantly, they have a long history of great dividend payments to investors like you - and the ability to keep that party going in the future.I mention it because this year, we're going to see the buying frenzy dry up for a lot of stocks…stocks that don't come anywhere near meeting this strict criteria.So I want every investor to know how to survive - and thrive - by viewing this briefing right away.Louis Navellier is a renowned growth investor. He is the editor of four investing newsletters: Growth Investor, Breakthrough Stocks, Accelerated Profits and Platinum Growth. His most popular service, Growth Investor, has a track record of beating the market 3:1 over the last 14 years. He uses a combination of quantitative and fundamental analysis to identify market-beating stocks. Mr. Navellier has made his proven formula accessible to investors via his free, online stock rating tool, PortfolioGrader.com. Louis Navellier may hold some of the aforementioned securities in one or more of his newsletters. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 9 Stocks That Would Be Hurt By a Mexico/U.S. Border Closure * 7 A-Rated Healthcare Stocks for Industry Expansion * 10 Stocks That Every 30-Year-Old Should Buy and Hold Forever Compare Brokers The post 10 Dangerous Dividend Stocks to Avoid appeared first on InvestorPlace.

  • TC Pipelines Hits 52-Week High: Does the Rally Have Legs?
    Zacks4 months ago

    TC Pipelines Hits 52-Week High: Does the Rally Have Legs?

    Although the FERC ruling slightly alters the business dynamics of TC Pipelines (TCP), the firm is anticipated to reap benefits from its impressive portfolio and brownfield expansions.

  • Are Investors Undervaluing Summit Midstream Partners, LP (SMLP) Right Now?
    Zacks4 months ago

    Are Investors Undervaluing Summit Midstream Partners, LP (SMLP) Right Now?

    Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

  • 5 High-Yield Dividend Stocks to Watch
    Motley Fool4 months ago

    5 High-Yield Dividend Stocks to Watch

    All five of these high-yield stocks look attractive, but there's a catch in each case.

  • Should Value Investors Buy Summit Midstream Partners, LP (SMLP) Stock?
    Zacks4 months ago

    Should Value Investors Buy Summit Midstream Partners, LP (SMLP) Stock?

    Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

  • Exxon Mobil Now Sees an Even Bigger Gusher of Production Coming From the Permian Basin
    Motley Fool4 months ago

    Exxon Mobil Now Sees an Even Bigger Gusher of Production Coming From the Permian Basin

    The global oil giant boosted its production growth outlook by an eye-popping 80%.

  • Thomson Reuters StreetEvents5 months ago

    Edited Transcript of SMLP earnings conference call or presentation 26-Feb-19 2:00pm GMT

    Q4 2018 Summit Midstream Partners LP Earnings Call

  • Summit Midstream Partners, LP Files 2018 Annual Report on Form 10-K and Announces 2018 K-1 Tax Package Availability
    PR Newswire5 months ago

    Summit Midstream Partners, LP Files 2018 Annual Report on Form 10-K and Announces 2018 K-1 Tax Package Availability

    THE WOODLANDS, Texas , Feb. 28, 2019 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) announced today that it has filed its 2018 Annual Report on Form 10-K with the Securities and Exchange Commission. ...

  • Why Units of Summit Midstream Partners Are Getting Crushed Today
    Motley Fool5 months ago

    Why Units of Summit Midstream Partners Are Getting Crushed Today

    The midstream company made several changes that didn't sit well with its investors.