Home Equities Score Here is all you need to know about Evolve Transition Infrastructure LP...

Here is all you need to know about Evolve Transition Infrastructure LP (SNMP) stock

Evolve Transition Infrastructure LP (SNMP) stock shares gained 18.9% in the after-hours on Wednesday, April 28, 2021, to trade at $0.95 per share. Earlier, SNMP’s stock gained 5.13% to close Wednesday’s session at $0.80. SNMP shares have risen by 94.21% over the last 12 months, and they have moved up by 8.78% in the past week. Over the past three months, the stock has lost 15.04%, while over the past six months, it has added 37.29%.

Let’s see if there any recent developments about SNMP.

5 Stocks Under $10 That Are Poised to Take Off

Investing in stocks under $10 could significantly increase the returns on your portfolio, especially if you pick the right stocks! Within this report you will find 5 top stocks that offer investors huge upside potential and the best bang for their buck.

Add them to your watchlist before they take off!

Get the Top 5 Stocks Now!

Sponsored

Get the hottest stocks to trade every day before the market opens 100% ‎free. Click here now. 

Recent financial results

On March 26, 2021, Evolve Transition Infrastructure LP announced full-year 2020 results.

FY-2020 financial highlights

  • FY 2020 total revenue was $57.0 million
  • The Partnership received total cash distributions of $16.2 million for full-year 2020.
  • The Partnership reported a net loss of $118.8 million for full-year 2020.

Read More

Sanchez Midstream Partners changed its Name

On February 16, 2021, Sanchez Midstream Partners LP changed its name to “Evolve Transition Infrastructure LP” aftermarket hours on Friday, February 26, 2021.

Successful NYSE compliance regain

On June 25, 2020, the NYSE American LLC notified Sanchez Midstream Partners (Evolve Transition Infrastructure LP) that it has accepted the Partnership’s plan to regain compliance with the Exchange’s continued listing standards.

Q4 and FY 2019 financial results

March 13, 2020, Sanchez Midstream Partners LP reported the fourth-quarter and full-year 2019 results.

Q4 2019 highlights

  • The Partnership’s fourth-quarter 2019 revenues totalled approximately $16.4 million.
  • On a GAAP basis, the Partnership reported a net loss of $47.8 million for fourth-quarter 2019, compared to net income of $15.6 million for fourth-quarter 2018.
  • Adjusted EBITDA was approximately $12.2 million for fourth-quarter 2019, compared to Adjusted EBITDA of $14.9 million for fourth-quarter 2018.

FY-2019 highlights

  • The Partnership’s full-year 2019 revenues totalled $76.6 million,
  • The Partnership reported a net loss of $51.1 million for full-year 2019, compared to net income of approximately $15.7 million for full-year 2018.
  • The Partnership’s full-year 2019 adjusted EBITDA was approximately $65.7 million compared to adjusted EBITDA of approximately $69.4 million for full-year 2018.

Conclusion

There is no recent news about the company but it is performing well and we can see it continue its momentum in the coming days.

Get the hottest stocks to trade every day before the market opens 100% ‎free. Click here now. 

About the company

Evolve Transition Infrastructure LP is a publicly traded limited partnership formed in 2005 focused on the acquisition, development, and ownership of infrastructure critical to the transition of energy supply to lower-carbon sources. The company owns natural gas gathering systems, pipelines, and processing facilities in South Texas and continues to pursue energy transition infrastructure opportunities.

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Must Read

CureVac Inc. (CVAC) stock soar during pre-market trading. Here’s what you should know?

CureVac Inc. (NASDAQ: CVAC) stock declined by 38.99% at the last close while the CVAC stock price gains by 11.34% in the pre-market trading...

Why Iconix Brand Group Inc (ICON) stock turnaround in the after-hours on Thursday?

Iconix Brand Group Inc (ICON) shares started the Thursday, June 17, 2021, trading be losing 1.87% and close the normal trading session at $3.14...

ISun Inc. (ISUN) stock surged during current market trading. Here’s the update

ISun Inc. (NASDAQ: ISUN) stock gained by 19.51% in the current market trading. iSun, based in Burlington, Vermont, is a company built on ideals...

The Trade Desk Inc. (TTD) stock plunged during pre-market. Here’s to know why?

The Trade Desk Inc. (NASDAQ: TTD) stock gained by 0.76% at last close whereas the TTD stock price declines by 90.03% in the pre-market...

Synaptogenix Inc. (SNPX) stock soars during after-hour trading. Why so?

Synaptogenix Inc. (NASDAQ: SNPX) stock gained by 6.33% at last close while the SNPX stock price rises further by 13.48% in the after-hours trading...

CureVac Inc. (CVAC) stock soar during pre-market trading. Here’s what you should know?

CureVac Inc. (NASDAQ: CVAC) stock declined by 38.99% at the last close while the CVAC stock price gains by 11.34% in the pre-market trading...

Anpac Bio-Medical Science Inc. (ANPC) stock soars during pre-market trading. Here’s the update

Anpac Bio-Medical Science Inc. (NASDAQ: ANPC) stock gained by 0.46% at last close while the ANPC stock price surged by 22.40% in the pre-market...

VivoPower International Inc. (VVPR) stock soars during pre-market trading. What’s driving it high?

VivoPower International Inc. (NASDAQ: VVPR) stock gained by 1.13% at last close while the VVPR stock price surged during pre-market trading by 1.54%. VivoPower...

Related News

Anpac Bio-Medical Science Inc. (ANPC) stock soars during pre-market trading. Here’s the update

Anpac Bio-Medical Science Inc. (NASDAQ: ANPC) stock gained by 0.46% at last close while the ANPC stock price surged by 22.40% in the pre-market...

Arrival Inc. (ARVL) stock falls during pre-market trading. Here’s what you should know?

Arrival Inc. (NASDAQ: ARVL) stock plunged by 4.96% at last close while the ARVL stock price declines by 9.68% in the pre-market trading session....

Why Zomedica Corp. (ZOM) stock jumped on Thursday?

Zomedica Corp. (ZOM) shares were climbed 4.04% in after-hours on Thursday, June 17, 2021, and close the day at $0.94 per share. Earlier, ZOM's...

Novan Inc. (NOVN) stock plunged during pre-market. Let’s find out why?

Novan Inc. (NASDAQ: NOVN) stock declined by 9.36% at last close while the NOVN stock price plunged by 18.77% in the pre-market trading. Novan...

Why Toughbuilt Industries Inc (TBLT) stock went up on Wednesday?

Toughbuilt Industries Inc (TBLT) stock jumped 12.35% in the after-market on Wednesday, June 16, 2021, and close at $0.96 per share. Earlier in the...

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

We do not sell or share your information with anyone.

Get Notified Of Insider Trades, Analyst Upgrades & Downgrades, Earnings Updates & Best Stocks To Trade Every Single Morning

100% free. stop anytime no spam