Previous Close | 27.49 |
Open | 27.22 |
Bid | 26.00 x 3200 |
Ask | 29.00 x 800 |
Day's Range | 27.22 - 28.23 |
52 Week Range | 13.00 - 29.18 |
Volume | |
Avg. Volume | 53,959 |
Market Cap | 291.613M |
Beta (5Y Monthly) | 2.41 |
PE Ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings Date | N/A |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | Feb 06, 2020 |
1y Target Est | N/A |
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. The open season for the 135-mile Double E pipeline will run through April 29, the company said in a statement. The pipeline can move 386 million cubic feet per day (bcfd), and is jointly owned by Summit and Exxon Mobil, with Summit holding a 70% stake.
Since partnering with Summit in the Utica Shale in 2014, MPLX's acquisitions of OGC and OCC assets strengthen its regional foothold.
Pipeline operator Summit Midstream Partners said on Friday it would sell its Utica assets to a unit of midstream energy company MPLX LP for about $625 million in cash. The Marcellus and Utica shale, spread across Pennsylvania, West Virginia and Ohio, are among the regions where U.S. drillers have been cutting the number of gas rigs operating over the last year, according to data from energy service firm Baker Hughes. Summit Midstream, shares of which jumped about 16% before the bell, said the assets comprise the Summit Utica natural gas gathering system in southeastern Ohio and its equity interests in Ohio Gathering and Ohio Condensate.