Summit Midstream Partners (NYSE:SMLP) is scheduled to be issuing its quarterly earnings data after the market closes on Wednesday, February 21st. Analysts expect the company to announce earnings of $0.23 per share for the quarter.
Summit Midstream Partners (NYSE:SMLP) opened at $20.65 on Wednesday. The firm 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 current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 1.12.
The company also recently declared a quarterly dividend, which will be paid on Wednesday, February 14th. Stockholders of record on Wednesday, February 7th will be given a dividend of $0.575 per share. The ex-dividend date is Tuesday, February 6th. This represents a $2.30 dividend on an annualized basis and a dividend yield of 11.14%. Summit Midstream Partners’s dividend payout ratio is 157.53%.
About Summit Midstream Partners
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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