Summit Midstream Company Insiders

SMLP Stock  USD 28.07  0.28  0.99%   
Summit Midstream's insiders are aggressively selling. The current insiders' sentiment of investing in Summit Midstream Partners suggests that virtually all insides are panicking. Summit Midstream employs about 244 people. The company is managed by 34 executives with a total tenure of roughly 208 years, averaging almost 6.0 years of service per executive, having 7.18 employees per reported executive.
Steven Newby  CEO
CEO of Summit Midstream GP LLC and President of Summit Midstream GP LLC and Director of Summit Midstream GP LLC
Louise Matthews  President
Senior Vice President Human Resources and Corporate Communications of General Partner

Summit Midstream's Insider Buying Vs Selling

0

 
Selling
 
Buying

Latest Trades

2024-03-22James David JohnstonDisposed 3400 @ 25.21View
2024-03-15James David JohnstonDisposed 600 @ 20.25View
2024-03-06James David JohnstonDisposed 3300 @ 20.25View
2024-02-29James David JohnstonDisposed 700 @ 21.1View
2023-11-08James David JohnstonDisposed 260 @ 20.03View
2023-11-06James David JohnstonDisposed 817 @ 20.23View
2023-11-02James David JohnstonDisposed 241 @ 20.05View
2023-10-05James David JohnstonDisposed 2562 @ 20.05View
2023-06-15James David JohnstonDisposed 1487 @ 17View
Monitoring Summit Midstream's insider sentiment can offer insights into its future performance, as insiders often have access to more information about their company's operations, financial health, and upcoming initiatives than the general public. However, it's essential to note that insider trading is regulated by securities laws, and insiders are required to disclose their trades publicly to ensure transparency and prevent unfair advantages based on non-public information.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Summit Midstream Partners. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Summit Midstream's Workforce Through the Years

Please note that employee historical analysis has become an increasingly important factor for investors assessing the risk associated with Summit Midstream's future performance. Based on our forecasts, it is anticipated that Summit will maintain a workforce of slightly above 240 employees by April 2024.
 
Yuan Drop
 
Covid

Summit Midstream's latest congressional trading

Congressional trading in companies like Summit Midstream Partners, is subject to rigorous scrutiny to prevent conflicts of interest and insider trading. This is governed by multiple SEC regulations which were established to foster transparency and deter members of Congress from leveraging non-public information for personal gain. This oversight helps maintain public trust and ensures that investments in Summit Midstream by those in governmental positions are based on the same information available to the general public.
2020-11-17Representative Mark E. GreenDisposed $15K to $50KVerify

Summit Midstream Management Team Effectiveness

The company has return on total asset (ROA) of 0.02 % which means that it generated a profit of $0.02 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.0451) %, meaning that it created substantial loss on money invested by shareholders. Summit Midstream's management efficiency ratios could be used to measure how well Summit Midstream manages its routine affairs as well as how well it operates its assets and liabilities. As of 03/28/2024, Return On Capital Employed is likely to drop to 0.03. In addition to that, Return On Assets is likely to grow to -0.01. As of 03/28/2024, Total Current Liabilities is likely to drop to about 76.8 M. In addition to that, Liabilities And Stockholders Equity is likely to drop to about 1.9 B
As of 03/28/2024, Common Stock Shares Outstanding is likely to drop to about 6.6 M. In addition to that, Net Loss is likely to grow to about (120.2 M)

Summit Midstream Workforce Comparison

Summit Midstream Partners is rated fourth in number of employees category among related companies. The total workforce of Energy industry is at this time estimated at about 4,288. Summit Midstream holds roughly 244 in number of employees claiming about 6% of equities under Energy industry.

Summit Midstream Profit Margins

The company has Profit Margin (PM) of (0.08) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of 0.2 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.2.
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.250.2679
Significantly Down
Slightly volatile

Summit Midstream Insider Trading History

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 must file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
 
Yuan Drop
 
Covid
Buy/Sell Ratio# Purchases Trades# Sales TradesTotal Shares PurchasedTotal Shares Sold
2024-03-01
0.85
34
40
 591,329 
 321,223 
2023-03-01
0.9091
30
33
 461,510 
 191,923 
2022-12-01
1.6667
10
6
 250,071 
 7,625 
2022-09-01
0.25
1
4
 17,160 
 25,490 
2022-03-01
1.0667
16
15
 264,296 
 138,085 
2021-09-01
0.5
1
2
 17,160 
 23,913 
2021-03-01
1.2
12
10
 228,233 
 84,448 
2020-09-01
1.0
3
3
 771,598 
 528,998 
2020-06-01
3.0
3
1
 187,500 
 45,318,866 
2020-03-01
0.4583
11
24
 3,556,891 
 287,696 
2019-03-01
0.4667
14
30
 17,956,718 
 277,454 
2018-12-01
0.1667
1
6
 28,658 
 66,989 
2018-03-01
0.4524
19
42
 525,938 
 376,143 
2017-12-01
0.3333
1
3
 28,659 
 60,103 
2017-03-01
0.439
18
41
 394,525 
 8,340,096 
2016-12-01
0.25
1
4
 28,659 
 63,524 
2016-06-01
6.6667
40
6
 911,713 
 11,250 
2016-03-01
2.6486
98
37
 54,080,648 
 48,980,602 
2015-09-01
0.6
6
10
 62,250 
 59,095 
2015-03-01
0.68
17
25
 197,507 
 114,201 
2014-12-01
2.0
4
2
 2,516 
 1,872 
2014-03-01
0.875
14
16
 117,734 
 5,117,732 
2013-03-01
2.0
6
3
 96,193 
 24,412,100 
2012-12-01
9.0
9
1
 89,827 
 0.00 

Summit Midstream Notable Stakeholders

A Summit Midstream stakeholder refers to an individual interested in an outcome of the business. Different stakeholders have different interests, and companies such as Summit Midstream often face trade-offs trying to please all of them. Summit Midstream's stakeholders can have a positive or negative influence on the entity's direction, and there are a lot of executives involved in getting Summit Midstream's stock to the level that pleases all shareholders. Keeping track of the stakeholders is a great way to stay on top of things affecting its ongoing price.
Steven NewbyCEO of Summit Midstream GP LLC and President of Summit Midstream GP LLC and Director of Summit Midstream GP LLCProfile
J DenekePresident, Chief Executive Officer, Director of General PartnerProfile
Heath DenekeCEO PresidentProfile
Marc StrattonExecutive Vice President, Chief Financial Officer of General PartnerProfile
William MaultExecutive Vice President, Chief Financial Officer of General PartnerProfile
Louise MatthewsSenior Vice President Human Resources and Corporate Communications of General PartnerProfile
Matthew HarrisonCFO of Summit Midstream GP LLC, Principal Accounting Officer of Summit Midstream GP, LLC and Executive VP of Summit Midstream GP, LLCProfile
Leonard MallettChief Operations Officer of Summit Midstream GP LLC and Executive VP of Summit Midstream GP LLCProfile
Brock DegeyterChief Compliance Officer of Summit Midstream GP LLC, Sr. VP of Summit Midstream GP LLC, General Counsel of Summit Midstream GP LLC and Secretary of Summit Midstream GP LLCProfile
Brad GravesChief Commercial Officer of Summit Midstream GP LLC and Sr. VP of Corporate Devel. at Summit Midstream GP LLCProfile
James JacobeIndependent Director of General PartnerProfile
James ClearyIndependent Director of General PartnerProfile
Thomas LaneDirector of the General PartnerProfile
Robert McNallyIndependent Director of General PartnerProfile
Matthew DelaneyDirector of the General PartnerProfile
Scott RoganDirector of the General PartnerProfile
Robert WohleberLead Independent Director of General PartnerProfile
Curtis MorganDirector of the General PartnerProfile
Christopher LeiningerDirectorProfile
Pete LabbatDirector of the General PartnerProfile
Rommel OatesIndependent Director of General PartnerProfile
Jerry PetersIndependent Director of General PartnerProfile
Marguerite WoungChapmanIndependent Director of Genereal PartnerProfile
Jeff SpinnerDirector of General PartnerProfile
Peter LabbatDirector of General PartnerProfile
Susan TomaskyIndependent Director of the General PartnerProfile
Jeffrey SpinnerDirector of the General PartnerProfile
Carrie VrunoVP LLCProfile
Hugo GuerreroSenior LLCProfile
Randall BurtonTreasurer FinanceProfile
Ryan CFAVP LLCProfile
Matthew SicinskiSenior Vice President Chief Accounting Officer of General PartnerProfile
William JLLC GPProfile
James JohnstonExecutive Vice President Chief Compliance Officer, General CounselProfile

About Summit Midstream Management Performance

The success or failure of an entity such as Summit Midstream Partners often depends on how effective the management is. Summit Midstream management team is responsible for propelling the future growth in the right direction and administering and controlling the business activities and accounting for the results. Ineffective management usually contributes to failure in the company's future performance for all stakeholders equally, but most importantly, for investors. So it is important to measure the effectiveness of Summit management before purchasing its stock. In many ways, it's all about finding the answer to one important question - Are they doing the right thing right now? How would we assess whether the Summit management is utilizing all available resources in the best possible way? Also, how well is the company doing relative to others in its sector and the market as a whole? The answer can be found by analyzing a few important fundamental indicators such as return on assets and return on equity.
Last ReportedProjected for 2024
Return On Capital Employed 0.03  0.03 
Return On Assets(0.02)(0.01)
Return On Equity(0.05)(0.04)
The data published in Summit Midstream's official financial statements usually reflect Summit Midstream's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Summit Midstream Partners. For example, before you start analyzing numbers published by Summit accountants, it's critical to develop an understanding of what Summit Midstream's liquidity, profitability, and earnings quality are in the context of the Oil, Gas & Consumable Fuels space in which it operates.
Please note, the presentation of Summit Midstream's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Summit Midstream's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Summit Midstream's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Summit Midstream Partners. Please utilize our Beneish M Score to check the likelihood of Summit Midstream's management manipulating its earnings.

Summit Midstream Workforce Analysis

Traditionally, organizations such as Summit Midstream use manpower efficiency calculations for various incentive schemes, employee appraisal, or as an initiative to improve the processes. However, it can also be used by investors to make long-term investment decisions. The trends in the profit per employee or revenue per employee are measured by net income or revenue divided by the current number of full-time employees over a given time interval. Because workforce needs differ across sectors, these ratios could be used to compare Summit Midstream within its industry.

Summit Midstream Manpower Efficiency

Return on Summit Midstream Manpower

Revenue Per Employee1.9M
Revenue Per Executive13.5M
Net Loss Per Employee159.6K
Net Loss Per Executive1.1M
When determining whether Summit Midstream Partners is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Summit Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Summit Midstream Partners Stock. Highlighted below are key reports to facilitate an investment decision about Summit Midstream Partners Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Summit Midstream Partners. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.

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When running Summit Midstream's price analysis, check to measure Summit Midstream's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Summit Midstream is operating at the current time. Most of Summit Midstream's value examination focuses on studying past and present price action to predict the probability of Summit Midstream's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Summit Midstream's price. Additionally, you may evaluate how the addition of Summit Midstream to your portfolios can decrease your overall portfolio volatility.
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Is Summit Midstream's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Summit Midstream. If investors know Summit will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Summit Midstream listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
10
Earnings Share
(6.11)
Revenue Per Share
44.498
Quarterly Revenue Growth
0.48
Return On Assets
0.02
The market value of Summit Midstream Partners is measured differently than its book value, which is the value of Summit that is recorded on the company's balance sheet. Investors also form their own opinion of Summit Midstream's value that differs from its market value or its book value, called intrinsic value, which is Summit Midstream's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Summit Midstream's market value can be influenced by many factors that don't directly affect Summit Midstream's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Summit Midstream's value and its price as these two are different measures arrived at by different means. Investors typically determine if Summit Midstream is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Summit Midstream's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.