Summit Midstream Partners LP
NYSE:SMLP
Decide at what price you'd be comfortable buying and we'll help you stay ready.
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P/E
Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.
Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.
Valuation Scenarios
If P/E returns to its 3-Year Average (4.5), the stock would be worth $34.45 (9% downside from current price).
| Scenario | P/E Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 4.9 | $37.75 |
0%
|
| 3-Year Average | 4.5 | $34.45 |
-9%
|
| 5-Year Average | 0.5 | $4.2 |
-89%
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| Industry Average | 16.5 | $125.98 |
+234%
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| Country Average | 22.9 | $174.76 |
+363%
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Forward P/E
Today’s price vs future net income
| Today's Market Cap | Net Income | Forward P/E | ||
|---|---|---|---|---|
|
$402m
|
/ |
Apr 2024
$81.4m
|
= |
|
|
$402m
|
/ |
Dec 2024
$18.5m
|
= |
|
Forward P/E shows whether today’s P/E still looks high or low once future net income are taken into account.
Peer Comparison
| Market Cap | P/E | ||||
|---|---|---|---|---|---|
| US |
|
Summit Midstream Partners LP
NYSE:SMLP
|
402m USD | 4.9 | |
| CA |
|
Enbridge Inc
TSX:ENB
|
159.3B CAD | 22.7 | |
| US |
|
Williams Companies Inc
NYSE:WMB
|
89.6B USD | 35.6 | |
| US |
|
Enterprise Products Partners LP
NYSE:EPD
|
82.7B USD | 14.6 | |
| US |
|
Kinder Morgan Inc
NYSE:KMI
|
70.8B USD | 22.1 | |
| US |
|
Energy Transfer LP
NYSE:ET
|
68B USD | 16.6 | |
| CA |
|
TC Energy Corp
TSX:TRP
|
91.1B CAD | 27.4 | |
| US |
|
Cheniere Energy Inc
NYSE:LNG
|
57.2B USD | 10.8 | |
| US |
|
MPLX LP
NYSE:MPLX
|
56.6B USD | 11.7 | |
| US |
|
ONEOK Inc
NYSE:OKE
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56.2B USD | 17.1 | |
| US |
|
Targa Resources Corp
NYSE:TRGP
|
53.4B USD | 30.2 |
Market Distribution
| Min | 0 |
| 30th Percentile | 15.3 |
| Median | 22.9 |
| 70th Percentile | 33.2 |
| Max | 1 826 183.3 |
Other Multiples
Summit Midstream Partners LP
Glance View
Summit Midstream Partners LP engages in the development, ownership, and operation of midstream energy infrastructure assets that are located in unconventional resource basins, primarily shale formations. The company is headquartered in Houston, Texas and currently employs 209 full-time employees. The company went IPO on 2012-09-28. is focused on developing, owning and operating midstream energy infrastructure assets located in the producing areas of unconventional resource basins, primarily shale formations, in the continental United States. The firm's segments include Rockies, which Includes its wholly owned midstream assets located in the Williston Basin and the DJ Basin; Permian, which Includes its wholly owned midstream assets located in the Permian Basin and its equity method investment in Double E; Northeast, which Includes its wholly owned midstream assets located in the Utica and Marcellus shale plays and its equity method investment in Ohio Gathering that is focused on the Utica Shale; Piceance, which Includes its wholly owned midstream assets located in the Piceance Basin., and Barnett which Includes its wholly owned midstream assets located in the Barnett Shale. The company provides natural gas, crude oil and produced water gathering, processing and transportation services.
