Evolve Transition Infrastructure LP (SNMP) Research
Evolve Transition Infrastructure LP is a U.S.-based company focused on acquiring, developing, owning, and operating infrastructure that supports the shift towards lower-carbon energy sources. Currently, its operations involve the gathering, processing, and transportation of natural gas, natural gas liquids (NGLs), and crude oil. These activities are supported by an infrastructure network primarily in Western Catarina, Texas (spanning Dimmit and Webb Counties), which includes roughly 160 miles of gathering pipelines and four comprehensive gathering and processing facilities equipped with stabilizers, storage tanks, compressors, and dehydration units. The company also offers upstream production services in the Eagle Ford Shale region of South Texas and holds production assets situated in both Texas and Louisiana. Evolve Transition Infrastructure GP LLC serves as its general partner. Established in 2005, the entity was rebranded in February 2021 as Evolve Transition Infrastructure LP, having previously operated as Sanchez Midstream Partners LP. The company maintains its headquarters in Houston, Texas.
Market snapshot
- Symbol
- SNMP
- Price
- $1.33
- Day change
- -2.86%
- Market cap
- $338.4M
- P/E ratio
- -0.13x
- 52-week range
- 0.14-13.81
- Sector
- Energy
- Industry
- Oil & Gas Midstream
Peer companies
Recent insider activity
- Ward Charles C — J-Other (29003 shares) on 2024-02-16
- LANGDON RICHARD S — J-Other (2727 shares) on 2024-02-16
- Stonepeak GP Holdings LP — P-Purchase (1536220 shares) on 2024-01-08
- Evolve Transition Infrastructure GP LLC — P-Purchase (1536220 shares) on 2024-01-08
- Evolve Transition Infrastructure GP LLC — trade (0 shares) on 2024-01-05
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