A substantial insider sell was reported on May 17, by Jerry L Peters, Director at Summit Midstream Partners (NYSE:SMLP), based on the recent SEC filing.
What Happened: A Form 4 filing with the U.S. Securities and Exchange Commission on Friday outlined that Peters executed a sale of 10,000 shares of Summit Midstream Partners with a total value of $340,300.
Summit Midstream Partners's shares are actively trading at $33.72, experiencing a down of 0.0% during Friday's morning session.
All You Need to Know About Summit Midstream Partners
Summit Midstream Partners LP is a United States-based energy solutions provider involved in the oil and gas industry. The company develops, owns, and operates midstream energy infrastructure assets. The company conduct and reports operations in the midstream energy industry through five reportable segments: Northeast, Rockies, Permian, Piceance, and Barnett. It offers systems that gather natural gas from pad sites, wells, and central receipt points connected to the company's systems with provisions to supply to processing plants, contractors, and end-users. The Majority of its assets are located in the producing areas of unconventional resource basins in the continental United States. It derives the majority of its revenues from the Piceance.
Key Indicators: Summit Midstream Partners's Financial Health
Revenue Growth: Summit Midstream Partners's revenue growth over a period of ...