Robert Wohleber - SMLP Old Lead Independent Director of General Partner

Director

Mr. Robert M. Wohleber is Independent Director of General Partner of the Company since 2020.
Age 69
Tenure 5 years
Professional MarksMBA
Phone832 413 4770
Webhttps://www.summitmidstream.com
Wohleber served as Senior Vice President and Chief Financial Officer of KerrMcGee Corporationrationrationration, an oil and gas exploration and production company, from December 1999 to August 2006. From 1996 to 1998, he served as Senior Vice President and Chief Financial Officer of FreeportMcMoran, Inc., one of the largest phosphate fertilizer producers in the United States. He holds a B.B.A. from the University of Notre Dame and an M.B.A. from the University of Pittsburgh.

SMLP Old Management Efficiency

The company has return on total asset (ROA) of 0.0216 % which means that it generated a profit of $0.0216 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1173 %, meaning that it created $0.1173 on every $100 dollars invested by stockholders. SMLP Old's management efficiency ratios could be used to measure how well SMLP Old manages its routine affairs as well as how well it operates its assets and liabilities.
SMLP Old currently holds 1.48 B in liabilities with Debt to Equity (D/E) ratio of 1.35, which is about average as compared to similar companies. SMLP Old has a current ratio of 0.89, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about SMLP Old's use of debt, we should always consider it together with its cash and equity.

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Summit Midstream Partners, LP focuses on owning, developing, and operating midstream energy infrastructure assets primarily shale formations in the continental United States. The company was founded in 2009 and is headquartered in Houston, Texas. Summit Midstream operates under Oil Gas Midstream classification in the United States and is traded on New York Stock Exchange. It employs 209 people. SMLP Old (SMLP) is traded on NASDAQ Exchange in USA and employs 244 people.

Management Performance

SMLP Old Leadership Team

Elected by the shareholders, the SMLP Old's board of directors comprises two types of representatives: SMLP Old inside directors who are chosen from within the company, and outside directors, selected externally and held independent of SMLP. The board's role is to monitor SMLP Old's management team and ensure that shareholders' interests are well served. SMLP Old's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, SMLP Old's outside directors are responsible for providing unbiased perspectives on the board's policies.
Hugo Guerrero, Senior LLC
J Deneke, President, Chief Executive Officer, Director of General Partner
Randall Burton, Treasurer Finance
James Jacobe, Independent Director of General Partner
James Cleary, Independent Director of General Partner
Ryan CFA, VP LLC
Marc Stratton, Executive Vice President, Chief Financial Officer of General Partner
Carrie Vruno, VP LLC
Rommel Oates, Independent Director of General Partner
William Mault, Executive Vice President, Chief Financial Officer of General Partner
Robert McNally, Independent Director of General Partner
Jerry Peters, Independent Director of General Partner
Matthew Sicinski, Senior Vice President Chief Accounting Officer of General Partner
Marguerite WoungChapman, Independent Director of Genereal Partner
Heath Deneke, CEO President
William J, LLC GP
Robert Wohleber, Lead Independent Director of General Partner
James Johnston, Executive Vice President Chief Compliance Officer, General Counsel

SMLP Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is SMLP Old a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with SMLP Old

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if SMLP Old position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in SMLP Old will appreciate offsetting losses from the drop in the long position's value.

Moving together with SMLP Stock

  0.61CMWCF Cromwell PropertyPairCorr

Moving against SMLP Stock

  0.69HPQ HP IncPairCorr
  0.63PBCRF PT Bank CentralPairCorr
  0.63JNJ Johnson JohnsonPairCorr
  0.63VZ Verizon CommunicationsPairCorr
  0.63AA Alcoa CorpPairCorr
The ability to find closely correlated positions to SMLP Old could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SMLP Old when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back SMLP Old - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling SMLP Old to buy it.
The correlation of SMLP Old is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as SMLP Old moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SMLP Old moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for SMLP Old can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

Other Consideration for investing in SMLP Stock

If you are still planning to invest in SMLP Old check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the SMLP Old's history and understand the potential risks before investing.
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