Summit Midstream Partners (SMLP) Getting Somewhat Positive News Coverage, Analysis Finds
Media headlines about Summit Midstream Partners (NYSE:SMLP) have trended somewhat positive recently, according to Accern Sentiment. The research firm identifies negative and positive press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Summit Midstream Partners earned a coverage optimism score of 0.16 on Accern’s scale. Accern also gave press coverage about the pipeline company an impact score of 47.4633991179847 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Shares of Summit Midstream Partners (NYSE SMLP) opened at $20.50 on Tuesday. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 1.12. The stock has a market cap of $1,440.00, a PE ratio of 11.90 and a beta of 1.65. Summit Midstream Partners has a 1 year low of $18.30 and a 1 year high of $26.50.
The firm also recently announced a quarterly dividend, which was paid on Tuesday, November 14th. Stockholders of record on Tuesday, November 7th were given a dividend of $0.575 per share. This represents a $2.30 annualized dividend and a dividend yield of 11.22%. The ex-dividend date of this dividend was Monday, November 6th. Summit Midstream Partners’s dividend payout ratio is 157.53%.
Summit Midstream Partners Company Profile
Summit Midstream Partners, LP focuses on developing, owning and operating midstream energy infrastructure assets. The Company’s segments include the Utica Shale, which includes its ownership interest in Ohio Gathering, as well as Summit Utica; the Williston Basin, which includes Bison Midstream, Polar and Divide and Tioga Midstream; the Marcellus Shale, which includes Mountaineer Midstream; the Barnett Shale, which includes DFW Midstream Services LLC (DFW Midstream), and the Piceance Basin /DJ Basins, which includes Grand River and Niobrara G&P.
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