Summit Midstream Partners is engaged in developing, owning and operating midstream energy infrastructure assets that are located in unconventional resource basins, shale formations, in the continental United States. Co.'s systems gather natural gas from pad sites, wells and central receipt points connected to its systems. Gathered natural gas volumes are then compressed, dehydrated, treated and/or processed for delivery to downstream pipelines serving processing plants and/or end users. Co. also contracts with producers to gather crude oil and produced water for delivery to downstream pipelines and third-party rail terminals and to third-party disposal wells. We show 40 historical shares outstanding datapoints in our coverage of SMLP's shares outstanding history.
Understanding the changing numbers of SMLP shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like SMLP versus peers —
is critical for investors. Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies.
Furthermore, via issuance of new shares over time, or the repurchase of existing shares, the number of shares outstanding can fluctuate over the course of history.
With this page we aim to empower investors researching SMLP by allowing them to research SMLP shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
