Summit Midstream Partners Analysis

Summit Midstream Partners is undervalued with Real Value of 0.0 and Hype Value of 0.0. The main objective of Summit Midstream delisted stock analysis is to determine its intrinsic value, which is an estimate of what Summit Midstream Partners is worth, separate from its market price. There are two main types of Summit Midstream's stock analysis: fundamental analysis and technical analysis.
The Summit Midstream stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Summit Midstream is usually not traded on Memorial Day, Juneteenth Holiday, Independence Day, Labour Day, Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday. Summit Stock trading window is adjusted to America/New York timezone.
  
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.

Summit Stock Analysis Notes

About 13.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.41. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Summit Midstream Partners recorded earning per share (EPS) of 7.18. The entity last dividend was issued on the 6th of February 2020. The firm had 1:15 split on the 10th of November 2020. 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. To find out more about Summit Midstream Partners contact J Deneke at 832 413 4770 or learn more at https://www.summitmidstream.com.

Summit Midstream Partners Investment Alerts

Summit Midstream is now traded under the symbol SMC. Please update your portfolios or report it if you believe this is an error. Report It!
Summit Midstream is not yet fully synchronised with the market data
Summit Midstream has some characteristics of a very speculative penny stock
Summit Midstream has a very high chance of going through financial distress in the upcoming years
Summit Midstream Partners 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. Summit Midstream Partners 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 Summit Midstream's use of debt, we should always consider it together with its cash and equity.
The entity reported the previous year's revenue of 458.9 M. Net Loss for the year was (38.95 M) with profit before overhead, payroll, taxes, and interest of 209.55 M.
About 13.0% of Summit Midstream outstanding shares are owned by corporate insiders

Summit Midstream Partners Upcoming and Recent Events

23rd of February 2024
Upcoming Quarterly Report
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31st of December 2023
Next Fiscal Quarter End
View

Summit Market Capitalization

The company currently falls under 'Small-Cap' category with a current market capitalization of 390.91 M.

Summit Profitablity

The company has Profit Margin (PM) of 0.23 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.18 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.18.

Summit Midstream Partners Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Summit Midstream insiders, such as employees or executives, is commonly permitted as long as it does not rely on Summit Midstream's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Summit Midstream insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Summit Midstream Outstanding Bonds

Summit Midstream issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Summit Midstream Partners uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Summit bonds can be classified according to their maturity, which is the date when Summit Midstream Partners has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Summit Midstream Technical and Predictive Indicators

About Summit Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Summit Midstream prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Summit shares will generate the highest return on investment. We also built our delisted stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Delisted Stock such as Summit Midstream. By using and applying Summit Stock analysis, traders can create a robust methodology for identifying Summit entry and exit points for their positions.
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.

Be your own money manager

As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding Summit Midstream to your portfolios without increasing risk or reducing expected return.

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Other Consideration for investing in Summit Stock

If you are still planning to invest in Summit Midstream Partners 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 Summit Midstream's history and understand the potential risks before investing.
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