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June 20, 2024
Numbers here tomorrow. Apples worse day in seven months. Apple now moving higher in the premarket. Yum sales take a hit in china after food safety scares, numbers from costco, and nevada lays out the welcome mat for musk, the 5 billion factory going to the desert. Ecb cut Interest Rates to new record lows in effort to ward off deflation, lowering the rate by a tenth percent, and its rate on bank overnight deposits to negative. 2 . The president says the bank will purchase asset backed securities...
May 3, 2024
Antero Midstream, a separate company from Antero Resources (at least on paper, although it is managed by the same people), issued a press release yesterday to announce it had purchased a bolt-on acquisition of gathering and compression assets in the Marcellus Shale for $70 million from Summit Midstream Partners. The assets acquired include two compressor
April 2, 2024
Pipeline operator Summit Midstream Partners on Monday launched a non-binding open season to gauge interest for services of a natural gas pipeline running from the Delaware Basin in New Mexico and Texas to the Waha hub in West Texas.
March 26, 2024
Summit Midstream is selling Utica assets to MPLX, which include a natural gas and condensate pipeline network and storage.
March 25, 2024
MPLX is using its financial flexibility to make another acquisition.
March 25, 2024
Summit Midstream Partners, LP, which owns midstream (pipeline) assets in a number of major plays across the country, including the Marcellus/Utica, announced on Friday the sale of the company's Ohio Utica assets, including its Summit Midstream Utica, LLC subsidiary, which includes its approximately 36% interest in Ohio Gathering Company, approximately 38% interest in Ohio Condensate
November 7, 2023
Summit Midstream Partners (NYSE:SMLP – Get Free Report) was upgraded by stock analysts at StockNews.com from a “hold” rating to a “buy” rating in a research note issued on Monday. Summit Midstream Partners Stock Performance Shares of SMLP traded up $0.16 during mid-day trading on Monday, reaching $20.06. 18,664 shares of the company’s stock were […]
November 7, 2023
Summit Midstream Partners, formed in 2009 and headquartered in The Woodlands, Texas, operates natural gas, crude oil, and produced water gathering (pipeline) systems in several unconventional shale plays, including the Marcellus and Utica. Last week, Summit issued its third quarter 2023 update. We previously reported on an early release of Summit's 3Q operational update, which
October 5, 2023
Summit Midstream Partners, formed in 2009 and headquartered in The Woodlands, Texas, operates natural gas, crude oil, and produced water gathering (pipeline) systems in several unconventional shale plays, including the Marcellus and Utica. On Tuesday, the company issued an operational update based on third-quarter results (no financials, just operations). The company saw significant quarterly volume
October 3, 2023
By Will Feuer Summit Midstream Partners said its board has engaged advisors to consider strategic alternatives, including a potential sale of the...