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
2024-03-22 | James David Johnston | Disposed 3400 @ 25.21 | View | ||
2024-03-15 | James David Johnston | Disposed 600 @ 20.25 | View | ||
2024-03-06 | James David Johnston | Disposed 3300 @ 20.25 | View | ||
2024-02-29 | James David Johnston | Disposed 700 @ 21.1 | View | ||
2023-11-08 | James David Johnston | Disposed 260 @ 20.03 | View | ||
2023-11-06 | James David Johnston | Disposed 817 @ 20.23 | View | ||
2023-11-02 | James David Johnston | Disposed 241 @ 20.05 | View | ||
2023-10-05 | James David Johnston | Disposed 2562 @ 20.05 | View | ||
2023-06-15 | James David Johnston | Disposed 1487 @ 17 | View |
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.
Summit |
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.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.
2020-11-17 | Representative Mark E. Green | Disposed $15K to $50K | Verify |
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 BAs 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 Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
---|---|---|---|---|---|---|---|---|---|
Gross Profit Margin | 0.25 | 0.2679 |
|
|
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.
Buy/Sell Ratio | # Purchases Trades | # Sales Trades | Total Shares Purchased | Total 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 Newby | CEO of Summit Midstream GP LLC and President of Summit Midstream GP LLC and Director of Summit Midstream GP LLC | Profile | |
J Deneke | President, Chief Executive Officer, Director of General Partner | Profile | |
Heath Deneke | CEO President | Profile | |
Marc Stratton | Executive Vice President, Chief Financial Officer of General Partner | Profile | |
William Mault | Executive Vice President, Chief Financial Officer of General Partner | Profile | |
Louise Matthews | Senior Vice President Human Resources and Corporate Communications of General Partner | Profile | |
Matthew Harrison | CFO of Summit Midstream GP LLC, Principal Accounting Officer of Summit Midstream GP, LLC and Executive VP of Summit Midstream GP, LLC | Profile | |
Leonard Mallett | Chief Operations Officer of Summit Midstream GP LLC and Executive VP of Summit Midstream GP LLC | Profile | |
Brock Degeyter | Chief 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 LLC | Profile | |
Brad Graves | Chief Commercial Officer of Summit Midstream GP LLC and Sr. VP of Corporate Devel. at Summit Midstream GP LLC | Profile | |
James Jacobe | Independent Director of General Partner | Profile | |
James Cleary | Independent Director of General Partner | Profile | |
Thomas Lane | Director of the General Partner | Profile | |
Robert McNally | Independent Director of General Partner | Profile | |
Matthew Delaney | Director of the General Partner | Profile | |
Scott Rogan | Director of the General Partner | Profile | |
Robert Wohleber | Lead Independent Director of General Partner | Profile | |
Curtis Morgan | Director of the General Partner | Profile | |
Christopher Leininger | Director | Profile | |
Pete Labbat | Director of the General Partner | Profile | |
Rommel Oates | Independent Director of General Partner | Profile | |
Jerry Peters | Independent Director of General Partner | Profile | |
Marguerite WoungChapman | Independent Director of Genereal Partner | Profile | |
Jeff Spinner | Director of General Partner | Profile | |
Peter Labbat | Director of General Partner | Profile | |
Susan Tomasky | Independent Director of the General Partner | Profile | |
Jeffrey Spinner | Director of the General Partner | Profile | |
Carrie Vruno | VP LLC | Profile | |
Hugo Guerrero | Senior LLC | Profile | |
Randall Burton | Treasurer Finance | Profile | |
Ryan CFA | VP LLC | Profile | |
Matthew Sicinski | Senior Vice President Chief Accounting Officer of General Partner | Profile | |
William J | LLC GP | Profile | |
James Johnston | Executive Vice President Chief Compliance Officer, General Counsel | Profile |
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 Reported | Projected 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 Employee | 1.9M | |
Revenue Per Executive | 13.5M | |
Net Loss Per Employee | 159.6K | |
Net Loss Per Executive | 1.1M |
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.
Complementary Tools for Summit Stock analysis
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.
Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
Share Portfolio Track or share privately all of your investments from the convenience of any device | |
Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. |
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.