What is summit Midstream Partners' stock price?

Summit Midstream Partners stock opened at $18.57 on Friday. The company has a debt-to-equity ratio of 1.71, a quick ratio of 0.91 and a current ratio of 0.91. The stock’s 50 day moving average is $16.21 and its 200 day moving average is $16.28. Summit Midstream Partners, LP has a twelve month low of $11.52 and a twelve month high of $35.70.

How much did James David Johnston sell summit Midstream Partners stock?

On Thursday, August 11th, James David Johnston sold 1,575 shares of Summit Midstream Partners stock. The shares were sold at an average price of $17.00, for a total transaction of $26,775.00.

Why are midstream stocks so popular?

These stocks are also popular because of their stable dividend payments. According to a report published by a Texas-based finance company Alerian, which provides transparent master limited partnerships and energy infrastructure benchmarks and analytics, there were no dividend cuts across the firm’s midstream indexes in the first quarter of 2022.

What are downstream and midstream companies?

Downstream companies: They purchase the product from Midstream companies and sell it to retailers. These companies very often called OMC or Oil Marketing Companies like HP I.e. Hindustan Petroleum, Bharat Petroleum etc. cooking gas supplying companies etc.