Jeffrey Spinner - Summit Midstream Director of the General Partner

SMLP Stock  USD 34.15  5.99  21.27%   

Director

Mr. Jeffrey R. Spinner is Director of General Partner of the Company. Mr. Spinner was an investment professional at Energy Capital Partners since 2006. Prior to joining Energy Capital Partners, Mr. Spinner worked in the Natural Resources Investment Banking Group at Banc of America Securities since 2012.
Age 34
Tenure 12 years
Address 910 Louisiana Street, Houston, TX, United States, 77002
Phone832 413 4770
Webhttps://www.summitmidstream.com
Spinner received a B.S. in Economics from Duke University.

Summit Midstream Management Efficiency

The company has return on total asset (ROA) of 0.0216 % which means that it generated a profit of $0.0216 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1173 %, meaning that it created $0.1173 on every $100 dollars invested by stockholders. 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 05/03/2024, Return On Tangible Assets is likely to grow to -0.02. In addition to that, Return On Capital Employed is likely to drop to 0.03. As of 05/03/2024, 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
The company currently holds 1.48 B in liabilities with Debt to Equity (D/E) ratio of 1.35, which is about average as compared to similar companies. Summit Midstream Partners has a current ratio of 0.89, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Summit Midstream until it has trouble settling it off, either with new capital or with free cash flow. So, Summit Midstream's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Summit Midstream Partners sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Summit to invest in growth at high rates of return. When we think about Summit Midstream's use of debt, we should always consider it together with cash and equity.

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Summit Midstream Partners, LP focuses on owning, developing, and operating midstream energy infrastructure assets primarily shale formations in the continental United States. The company was founded in 2009 and is headquartered in Houston, Texas. Summit Midstream operates under Oil Gas Midstream classification in the United States and is traded on New York Stock Exchange. It employs 209 people. Summit Midstream Partners (SMLP) is traded on New York Stock Exchange in USA. It is located in 910 Louisiana Street, Houston, TX, United States, 77002 and employs 244 people. Summit Midstream is listed under Oil & Gas Storage & Transportation category by Fama And French industry classification.

Management Performance

Summit Midstream Partners Leadership Team

Elected by the shareholders, the Summit Midstream's board of directors comprises two types of representatives: Summit Midstream inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Summit. The board's role is to monitor Summit Midstream's management team and ensure that shareholders' interests are well served. Summit Midstream's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Summit Midstream's outside directors are responsible for providing unbiased perspectives on the board's policies.
James Jacobe, Independent Director of General Partner
James Cleary, Independent Director of General Partner
Thomas Lane, Director of the General Partner
Marc Stratton, Executive Vice President, Chief Financial Officer of General Partner
Carrie Vruno, VP LLC
William Mault, Executive Vice President, Chief Financial Officer of General Partner
Robert McNally, Independent Director of General Partner
Louise Matthews, Senior Vice President Human Resources and Corporate Communications of General Partner
Steven Newby, CEO of Summit Midstream GP LLC and President of Summit Midstream GP LLC and Director of Summit Midstream GP LLC
Matthew Delaney, Director of the General Partner
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
Scott Rogan, Director of the General Partner
Matthew Harrison, CFO of Summit Midstream GP LLC, Principal Accounting Officer of Summit Midstream GP, LLC and Executive VP of Summit Midstream GP, LLC
Robert Wohleber, Lead Independent Director of General Partner
Curtis Morgan, Director of the General Partner
Leonard Mallett, Chief Operations Officer of Summit Midstream GP LLC and Executive VP of Summit Midstream GP LLC
Hugo Guerrero, Senior LLC
J Deneke, President, Chief Executive Officer, Director of General Partner
Randall Burton, Treasurer Finance
Christopher Leininger, Director
Ryan CFA, VP LLC
Pete Labbat, Director of the General Partner
Rommel Oates, Independent Director of General Partner
Jerry Peters, Independent Director of General Partner
Brad Graves, Chief Commercial Officer of Summit Midstream GP LLC and Sr. VP of Corporate Devel. at Summit Midstream GP LLC
Matthew Sicinski, Senior Vice President Chief Accounting Officer of General Partner
Marguerite WoungChapman, Independent Director of Genereal Partner
Heath Deneke, CEO President
William J, LLC GP
Jeff Spinner, Director of General Partner
James Johnston, Executive Vice President Chief Compliance Officer, General Counsel
Peter Labbat, Director of General Partner
Susan Tomasky, Independent Director of the General Partner
Jeffrey Spinner, Director of the General Partner

Summit Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Summit Midstream a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Summit Midstream in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Summit Midstream's short interest history, or implied volatility extrapolated from Summit Midstream options trading.

Currently Active Assets on Macroaxis

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 Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

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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
44.858
Quarterly Revenue Growth
0.057
Return On Assets
0.0216
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.