Summit Midstream Partners (SMLP) Set to Announce Earnings on Wednesday
Summit Midstream Partners (NYSE:SMLP) is set to announce its earnings results after the market closes on Wednesday, February 21st. Analysts expect the company to announce earnings of $0.23 per share for the quarter.
Shares of Summit Midstream Partners (NYSE SMLP) opened at $20.65 on Wednesday. The company has a market cap of $1,510.00, a price-to-earnings ratio of 14.14 and a beta of 1.63. Summit Midstream Partners has a 52-week low of $18.30 and a 52-week high of $24.90. The company has a debt-to-equity ratio of 1.12, a current ratio of 0.84 and a quick ratio of 0.84.
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 14th. Investors of record on Wednesday, February 7th will be given a $0.575 dividend. The ex-dividend date is Tuesday, February 6th. This represents a $2.30 annualized dividend and a yield of 11.14%. Summit Midstream Partners’s dividend payout ratio is currently 157.53%.
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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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