SMLP News and Press, Summit Midstream Partners LP Representing Limited Partner Interests From 07/06/22

Sadly for the common unitholders of Summit Midstream Partners, they are being squeezed out of their earnings and assets by the preferred unitholders and debt holders. They recently diluted their common unitholders by 40% to merely redeem only part of their preferred units, thereby eff...

Summit Midstream Partners, LP Announces Closing of Lane Gathering and Processing System Sale to a Subsidiary of Matador Resources Company PR Newswire HOUSTON , June 30, 2022 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) ("Summit", "SMLP" or t...

Stock had a great week last week, and have rebounded smartly off their mid-June 2022 lows. Deeply oversold tech stocks have rebounded as commodity stocks sold off sharply. Pessimism and fear reached fevered pitch levels and hedge fund selling, ahead of the June 15th meeting, reached A...

Midstream traded down but managed to outperform the S&P 500. Inflation fears are spooking investors but will have less of an impact on midstream equities and their income generation prospects. The week’s selloff provides a good entry point for investors looking to incre...

Summit Midstream Partners, LP Announces Sale of its Lane Gathering and Processing System in the Delaware Basin to a Subsidiary of Matador Resources Company & Reiterates its 2022 Adjusted EBITDA Guidance Summit Midstream Partners, LP Announces Sale of its Lane Gathering and P...

Summit Midstream Partners, LP Announces Adjournment of Annual Meeting and Information for Reconvened Annual Meeting PR Newswire HOUSTON , May 26, 2022 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) (the "Partnership" or "SMLP") announced today...

Summit Midstream Partners, LP Announces Partial Adjournment of Annual Meeting and Information for Reconvened Annual Meeting PR Newswire HOUSTON , May 11, 2022 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) (the "Partnership" or "SMLP") announc...

Midstream first-quarter earnings came in strong. All midstream activities—long-haul pipelines, gathering, processing, fractionation—were supported by increasing oil and gas production and strong end-user demand during the first quarter. We review midstream earnings h...

The oil and gas sector was easily the week's biggest winner, surging 10.2%, rising alongside crude oil prices, as analysts say the looming European Union embargo on Russian oil has the makings of an "acute supply squeeze." WTI crude futures (CL1:COM) jumped 4.9% for the week to $109.77/bbl, J...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips This article is excerpted from Tom Yeung’s Moonshot Investor newsletter. To make sure you don’t miss any  of Tom’s potential 100x picks,  subscribe to his mailing list here . The American...