33.05
1.99%
-0.67
After Hours:
32.75
-0.30
-0.91%
Summit Midstream Partners LP (SMLP) Stock Split History
Summit Midstream Partners LP has split its stock once since its initial public offering (IPO). The stock split of Summit Midstream Partners LP occurred on November 10, 2020 on a 1-for-15 basis, meaning that for 15 shares of SMLP owned pre-split, shareholders then owned 1 share.
This action has increased the stock's liquidity and made it more appealing to a larger group of investors. However, it's important to remember that a stock split only changes the number of shares and the price per share with no impact on Summit Midstream Partners LP's total market capitalization.
This action has increased the stock's liquidity and made it more appealing to a larger group of investors. However, it's important to remember that a stock split only changes the number of shares and the price per share with no impact on Summit Midstream Partners LP's total market capitalization.
SMLP stock split list
Date | Split Ratio |
---|---|
2020-11-10 | 1 - for - 15 |
Will Summit Midstream Partners LP Stock Split in 2024?
The answer will depend on the decisions of the company's managers and market volatility. Summit Midstream Partners LP has not made an official announcement regarding whether it will enact a stock split or reverse stock split, but it has a history of doing so when SMLP stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Summit Midstream Partners LP's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.
Stock Splits of Industry Leaders
Ticker Symbol | Latest Split Date | Split Ratio |
---|---|---|
ENB | 2011-06-01 | 2 - for - 1 |
EPD | 2014-08-22 | 2 - for - 1 |
ET | 2015-07-27 | 2 - for - 1 |
WMB | 1997-12-30 | 2 - for - 1 |
OKE | 2012-06-04 | 2 - for - 1 |
LNG | 2005-04-25 | 2 - for - 1 |
PAA | 2012-10-02 | 2 - for - 1 |
PAA | 2012-10-02 | 2 - for - 1 |
ENLC | 2006-12-18 | 3 - for - 1 |
FRO | 2016-02-03 | 1 - for - 5 |
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