Summit Midstream Corporation (NYSE:SMC – Get Free Report) CEO J Heath Deneke sold 1,000 shares of the company’s stock in a transaction that occurred on Wednesday, December 11th. The shares were sold at an average price of $37.09, for a total value of $37,090.00. Following the sale, the chief executive officer now owns 270,006 shares in the company, valued at approximately $10,014,522.54. This trade represents a 0.37 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
J Heath Deneke also recently made the following trade(s):
- On Friday, December 13th, J Heath Deneke sold 1,000 shares of Summit Midstream stock. The stock was sold at an average price of $35.95, for a total value of $35,950.00.
- On Monday, December 9th, J Heath Deneke sold 1,000 shares of Summit Midstream stock. The stock was sold at an average price of $37.22, for a total value of $37,220.00.
- On Friday, December 6th, J Heath Deneke sold 1,000 shares of Summit Midstream stock. The shares were sold at an average price of $37.78, for a total value of $37,780.00.
- On Wednesday, December 4th, J Heath Deneke sold 1,000 shares of Summit Midstream stock. The stock was sold at an average price of $37.43, for a total value of $37,430.00.
- On Monday, December 2nd, J Heath Deneke sold 1,000 shares of Summit Midstream stock. The stock was sold at an average price of $37.80, for a total transaction of $37,800.00.
- On Friday, November 29th, J Heath Deneke sold 1,000 shares of Summit Midstream stock. The shares were sold at an average price of $37.20, for a total transaction of $37,200.00.
- On Wednesday, November 27th, J Heath Deneke sold 1,000 shares of Summit Midstream stock. The stock was sold at an average price of $36.85, for a total transaction of $36,850.00.
- On Monday, November 25th, J Heath Deneke sold 1,000 shares of Summit Midstream stock. The shares were sold at an average price of $37.16, for a total transaction of $37,160.00.
- On Friday, November 22nd, J Heath Deneke sold 1,000 shares of Summit Midstream stock. The stock was sold at an average price of $35.74, for a total transaction of $35,740.00.
- On Wednesday, November 20th, J Heath Deneke sold 1,000 shares of Summit Midstream stock. The shares were sold at an average price of $35.82, for a total transaction of $35,820.00.
Summit Midstream Stock Down 1.0 %
NYSE:SMC traded down $0.38 during trading hours on Friday, reaching $35.91. 76,944 shares of the company’s stock were exchanged, compared to its average volume of 53,026. The firm’s 50-day moving average is $35.99. The company has a quick ratio of 1.33, a current ratio of 1.33 and a debt-to-equity ratio of 1.20. The firm has a market cap of $382.41 million, a price-to-earnings ratio of -2.83 and a beta of 2.39. Summit Midstream Corporation has a 1-year low of $15.56 and a 1-year high of $40.75.
Institutional Inflows and Outflows
About Summit Midstream
Summit Midstream Corporation focuses on owning, developing, and operating midstream energy infrastructure assets primarily shale formations in the continental United States. It operates natural gas, crude oil, and produced water gathering systems in four unconventional resource basins, including the Williston Basin in North Dakota, which includes the Bakken and Three Forks shale formations; the Denver-Julesburg Basin that consists of the Niobrara and Codell shale formations in Colorado and Wyoming; the Fort Worth Basin in Texas, which comprises the Barnett Shale formation; and the Piceance Basin in Colorado, which includes the Mesaverde formation, as well as the emerging Mancos and Niobrara Shale formations.
Featured Stories
- Five stocks we like better than Summit Midstream
- What Are the FAANG Stocks and Are They Good Investments?
- FinWise Bancorp’s CEO Talks Strategy Behind Fintech Success
- Insider Trades May Not Tell You What You Think
- Broadcom: Turning the Mag 7 Into 8 Trillion-Dollar Tech Giants
- Learn Technical Analysis Skills to Master the Stock Market
- SoundHound AI: Can Its Meteoric Rise Sustain Into 2025?
Receive News & Ratings for Summit Midstream Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Summit Midstream and related companies with MarketBeat.com's FREE daily email newsletter.