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How to buy Summit Midstream Partners (SMLP) stocks
Learn how to easily invest in Summit Midstream Partners stocks.
Summit Midstream Partners is an oil & gas midstream business based in the US. Summit Midstream Partners stocks (SMLP.US) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was $28.95 – an increase of 7.36% over the previous week. Summit Midstream Partners employs 209 staff and has a trailing 12-month revenue of around $397.4 million.
How to buy stocks in Summit Midstream Partners
- Compare stock trading platforms. Use our comparison table to help you find a platform that fits you.
- Open your brokerage account. Complete an application with your details.
- Confirm your payment details. Fund your account.
- Research the stock. Find the stock by name or ticker symbol – SMLP – and research it before deciding if it's a good investment for you.
- Purchase now or later. Buy your desired number of stocks with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
- Check in on your investment. Optimize your portfolio by tracking your stock.
What's in this guide?
- Can I buy shares in Summit Midstream Partners?
- Has coronavirus impacted Summit Midstream Partners shares?
- Summit Midstream Partners shares summary
- Compare share dealing platforms
- Is Summit Midstream Partners stock a buy or sell?
- Summit Midstream Partners performance over time
- Are Summit Midstream Partners shares over-valued?
- Summit Midstream Partners's financials
- How volatile are Summit Midstream Partners shares?
- Does Summit Midstream Partners pay a dividend?
- Have Summit Midstream Partners shares ever split?
- Other common questions
Summit Midstream Partners stock price (NYSE:SMLP)Use our graph to track the performance of SMLP stocks over time.
Summit Midstream Partners shares at a glance
|Latest market close||$15.02|
|52-week range||$11.52 - $39.35|
|50-day moving average||$15.66|
|200-day moving average||$17.95|
|Wall St. target price||$17.50|
|Dividend yield||$0 (0%)|
|Earnings per share (TTM)||$-4.20|
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Note: The dollar amounts in the table below are in Canadian dollars.
Is it a good time to buy Summit Midstream Partners stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Summit Midstream Partners price performance over time
|1 week (2022-09-26)||7.36%|
|1 month (2022-09-02)||-7.68%|
|3 months (2022-07-01)||24.96%|
|6 months (2022-04-01)||-3.90%|
|1 year (2021-10-01)||-59.94%|
|2 years (2020-10-02)||2,322.19%|
|3 years (2019-10-03)||219.57%|
|5 years (2017-10-03)||20.5|
Is Summit Midstream Partners under- or over-valued?
Valuing Summit Midstream Partners stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Summit Midstream Partners's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Summit Midstream Partners's PEG ratio
Summit Midstream Partners's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 20.05. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Summit Midstream Partners's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Summit Midstream Partners's EBITDA
Summit Midstream Partners's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $164 million.
The EBITDA is a measure of a Summit Midstream Partners's overall financial performance and is widely used to measure a its profitability.
Summit Midstream Partners financials
|Revenue TTM||$397.4 million|
|Operating margin TTM||10.14%|
|Gross profit TTM||$245.4 million|
|Return on assets TTM||1.05%|
|Return on equity TTM||-10.53%|
|Market capitalisation||$153 million|
TTM: trailing 12 months
Summit Midstream Partners share dividends
We're not expecting Summit Midstream Partners to pay a dividend over the next 12 months.
Have Summit Midstream Partners's shares ever split?
Summit Midstream Partners's shares were split on a 1:15 basis on 9 November 2020. So if you had owned 15 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Summit Midstream Partners shares – just the quantity. However, indirectly, the new 1400% higher share price could have impacted the market appetite for Summit Midstream Partners shares which in turn could have impacted Summit Midstream Partners's share price.
Summit Midstream Partners share price volatility
Over the last 12 months, Summit Midstream Partners's shares have ranged in value from as little as $11.52 up to $39.35. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Summit Midstream Partners's is 2.513. This would suggest that Summit Midstream Partners's shares are significantly more volatile than the average for this exchange and represent a higher risk.
Summit Midstream Partners overview
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.
Stocks similar to Summit Midstream Partners
Summit Midstream Partners in the news
Summit Midstream Partners, LP Announces Sale of its Bison Gas Gathering System in North Dakota
Summit Midstream Partners, LP Announces 2021 K-3 Tax Form Availability
Frequently asked questions
Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.
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