View Future GrowthThis company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsEvolve Transition Infrastructure 過去の業績過去 基準チェック /06Evolve Transition Infrastructureの収益は年間平均-28.4%の割合で減少していますが、 Oil and Gas業界の収益は年間 増加しています。収益は年間8.4% 20.8%割合で 減少しています。主要情報-28.41%収益成長率-0.38%EPS成長率Oil and Gas 業界の成長33.67%収益成長率-20.84%株主資本利益率n/aネット・マージン-249.82%前回の決算情報30 Sep 2023最近の業績更新Reported Earnings • May 14First quarter 2023 earnings released: US$0.10 loss per share (vs US$0.084 loss in 1Q 2022)First quarter 2023 results: US$0.10 loss per share (further deteriorated from US$0.084 loss in 1Q 2022). Revenue: US$6.37m (down 58% from 1Q 2022). Net loss: US$22.2m (loss widened 128% from 1Q 2022). Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has fallen by 32% per year, which means it is significantly lagging earnings.Reported Earnings • Mar 28Full year 2022 earnings released: US$0.35 loss per share (vs US$2.05 loss in FY 2021)Full year 2022 results: US$0.35 loss per share (improved from US$2.05 loss in FY 2021). Revenue: US$36.1m (down 30% from FY 2021). Net loss: US$53.1m (loss narrowed 66% from FY 2021). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 21% per year, which means it is performing significantly worse than earnings.Reported Earnings • Aug 11Second quarter 2022 earnings released: US$0.12 loss per share (vs US$0.42 loss in 2Q 2021)Second quarter 2022 results: US$0.12 loss per share (up from US$0.42 loss in 2Q 2021). Revenue: US$7.33m (down 20% from 2Q 2021). Net loss: US$16.6m (loss narrowed 42% from 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has remained flat, which means it is well ahead of earnings.Reported Earnings • May 14First quarter 2022 earnings released: US$0.084 loss per share (vs US$0.91 loss in 1Q 2021)First quarter 2022 results: US$0.084 loss per share (up from US$0.91 loss in 1Q 2021). Revenue: US$15.1m (up 63% from 1Q 2021). Net loss: US$9.73m (loss narrowed 73% from 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 47% per year, which means it has not declined as severely as earnings.Reported Earnings • Apr 01Full year 2021 earnings released: US$2.05 loss per share (vs US$5.94 loss in FY 2020)Full year 2021 results: US$2.05 loss per share. Revenue: US$51.5m (down 9.2% from FY 2020). Net loss: US$155.4m (loss widened 31% from FY 2020).Reported Earnings • Nov 13Third quarter 2021 earnings released: US$0.34 loss per share (vs US$1.28 loss in 3Q 2020)The company reported a solid third quarter result with improved revenues and control over costs, although losses increased. Third quarter 2021 results: Revenue: US$16.9m (up 36% from 3Q 2020). Net loss: US$28.6m (loss widened 16% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 38% per year, which means it has not declined as severely as earnings.すべての更新を表示Recent updatesお知らせ • Mar 01Evolve Transition Infrastructure Files Form 15Evolve Transition Infrastructure LP has announced that it has filed a Form 15 with the Securities and Exchange Commission to voluntarily deregister its Common Units under the Securities Exchange Act of 1934, as amended.お知らせ • Jan 09Evolve Transition Infrastructure Intends to Withdraw Voluntarily its Common Units from Listing on the New York Stock ExchangeOn January 8, 2024, Evolve Transition Infrastructure GP LLC (the “General Partner”), the general partner of Evolve Transition Infrastructure LP (the “Partnership”), elected to exercise its right as the holder (together with its controlled affiliates) of more than 80% of the outstanding Common Units and pursuant to Section 15.1 of the Partnership’s Third Amended and Restated Agreement of Limited Partnership, as amended (the “Partnership Agreement”) to purchase all of the issued and outstanding common units representing limited partner interests in the Partnership (“Common Units”) not already owned by the General Partner or its controlled affiliates for a cash purchase price, determined pursuant to the contractual formula set in Section 15.1(b) of the Partnership Agreement, of $1.389285 per unit (the “Purchase Right”). As a result of the purchase, the General Partner and its affiliates will own, directly or indirectly 100% of the Partnership’s Common Units and there will no longer be a public market for the Common Units. Therefore, the Partnership intends to withdraw voluntarily its Common Units from listing on the New York Stock Exchange and from registration on the NYSE American under Section 12(b) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) and to file a Form 25 with the Securities and Exchange Commission (the “SEC”) to withdraw voluntarily the Common Units from listing on the NYSE American and from registration on the NYSE American under Section 12(b) of the Exchange Act. The Partnership expects that the Common Units will continue to be listed through February 16, 2024 and will no longer be listed on February 19, 2024.お知らせ • Jul 27Evolve Transition Announces NYSE American Removal of Trading SuspensionEvolve Transition Infrastructure LP announced that on July 25, 2023, it received a letter from NYSE American LLC informing Evolve that it has resolved the continued listing deficiency with respect to low selling price as described in Section 1003(f)(v) of the NYSE American Company Guide. As a result, the staff of NYSE Regulation has withdrawn its delisting determination and will be lifting the trading suspension on the Partnership’s common units representing limited partner interests in the Partnership on the NYSE American. The common units will commence trading on the NYSE American on Monday, July 31, 2023 under the symbol “SNMP.” Notwithstanding the lifting of the trading suspension, Evolve continues to remain subject to its previously disclosed plan to regain compliance with the NYSE American’s continued listing standards, which was accepted by the NYSE American on February 21, 2023. As noted in its February 23, 2023 press release, Evolve has been granted a target completion date of June 6, 2024 to implement its plan and regain compliance with the NYSE American’s continued listing standards set forth in Sections 1003(a)(i) and 1003(a)(ii) of the Company Guide. If the Partnership is not in compliance with the continued listing standards by June 6, 2024, or if it does not make progress consistent with the plan during the plan period, the NYSE American may again initiate delisting proceedings as appropriate. The Partnership intends to regain compliance with the NYSE American’s continued listings standards by such date; however, there is no assurance the Partnership will be able to accomplish this.お知らせ • Jun 30Evolve Transition Infrastructure Receives Notice from NYSE Office of General Counsel Confirming A Listing Qualifications Panel of the Committee for ReviewAs previously disclosed, Evolve Transition Infrastructure LP (the Partnership") received notice on June 6, 2023 from the NYSE American LLC (NYSE") that the Partnership was not in compliance with the continued listing standards set in Section 1003(f)(v) of the NYSE American Company Guide and disclosed that NYSE Regulation has determined to commence proceedings to delist the Partnership's common units representing limited partner interests in the Partnership (Common Units") from the NYSE due to the low selling price of the Common Units. On June 13, 2023, the Partnership submitted formal written notice exercising its right to a review of NYSE Regulation's delisting determination in accordance with the NYSE delisting procedures and awaits an oral hearing regarding the Partnership's continued listing. On June 23, 2023, the Partnership received notice from the NYSE Office of General Counsel confirming that, in accordance with the NYSE Company Guide, a Listing Qualifications Panel of the Committee for Review (the Panel") has been authorized to make a determination on this matter and the hearing before the Panel is scheduled for August 8, 2023. As previously disclosed, the delisting of the Common Units will be stayed pending the conclusion of the review process, while the trading suspension that was implemented on June 6, 2023 will remain in effect. If the Partnership is successful in its appeal of NYSE Regulation's determination to commence delisting proceedings, the Common Units may resume trading on the NYSE. In the interim, the Common Units will continue to trade on the over-the-counter market under the symbol SNMP." As previously disclosed, the Partnership announced a one-for-thirty reverse split (the Reverse Split") of its Common Units on May 22, 2023 and later amended the date for the previously announced Reverse Split due to the fact that the Reverse Split was subject to review by the Financial Industry Regulatory Authority (FINRA") as a result of the Common Units initiating trading on the over-the-counter market on June 7, 2023. On June 23, 2023, the Partnership issued a press release announcing that it is amending the date for the previously announced Reverse Split to be effective after the over-the-counter market closes on July 17, 2023. The Common Units will begin trading on a split-adjusted basis when the over-the-counter market opens on July 18, 2023. The Common Units will continue trading on the over-the-counter market under the symbol SNMP" and will be assigned a new CUSIP number (30053M203) following the Reverse Split.お知らせ • Jun 16Evolve Transition Infrastructure Submits Formal Written Notice Exercising Its Right to A Review of NYSE Regulation’s Delisting DeterminationAs previously disclosed, Evolve Transition Infrastructure LP (the “Partnership”) received notice on June 6, 2023 from the NYSE American LLC (“NYSE”) that the Partnership was not in compliance with the continued listing standards set forth in Section 1003(f)(v) of the NYSE American Company Guide and disclosed that NYSE Regulation has determined to commence proceedings to delist the Partnership’s common units representing limited partner interests in the Partnership (“Common Units”) from the NYSE due to the low selling price of the Common Units. On June 13, 2023, the Partnership submitted formal written notice exercising its right to a review of NYSE Regulation’s delisting determination in accordance with the NYSE delisting procedures and awaits an oral hearing regarding the Partnership’s continued listing. The delisting of the Common Units will be stayed pending the conclusion of the review process, while the trading suspension that was implemented on June 6, 2023 will remain in effect. If the Partnership is successful in its appeal of NYSE Regulation’s determination to commence delisting proceedings, the Common Units may resume trading on the NYSE. In the interim, the Common Units will continue to trade on the over-the-counter market.New Risk • Jun 08New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: US$6.80m This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (21% average weekly change). Earnings have declined by 34% per year over the past 5 years. Shareholders have been substantially diluted in the past year (57% increase in shares outstanding). Market cap is less than US$10m (US$6.80m market cap). Minor Risk Negative equity (-US$243m).お知らせ • Jun 07NYSE American to Commence Delisting Proceedings against Evolve Transition InfrastructureNYSE American LLC announced that the staff of NYSE Regulation has determined to commence proceedings to delist the Common Units representing limited partner interests (“Common Units”) of Evolve Transition Infrastructure LP (the “Company”) — ticker symbol SNMP — from NYSE American. Trading in the Company’s Common Units will be suspended immediately. NYSE Regulation has determined that the Company is no longer suitable for listing pursuant to Section 1003(f)(v) of the NYSE American Company Guide due to the low selling price of the Common Units. The Company has a right to a review of staff’s determination to delist the Common Units by a Committee of the Board of Directors of the Exchange. The NYSE American will apply to the Securities and Exchange Commission to delist the Company’s Common Units upon completion of all applicable procedures, including any appeal by the Company of the NYSE Regulation staff’s decision.Reported Earnings • May 14First quarter 2023 earnings released: US$0.10 loss per share (vs US$0.084 loss in 1Q 2022)First quarter 2023 results: US$0.10 loss per share (further deteriorated from US$0.084 loss in 1Q 2022). Revenue: US$6.37m (down 58% from 1Q 2022). Net loss: US$22.2m (loss widened 128% from 1Q 2022). Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has fallen by 32% per year, which means it is significantly lagging earnings.Reported Earnings • Mar 28Full year 2022 earnings released: US$0.35 loss per share (vs US$2.05 loss in FY 2021)Full year 2022 results: US$0.35 loss per share (improved from US$2.05 loss in FY 2021). Revenue: US$36.1m (down 30% from FY 2021). Net loss: US$53.1m (loss narrowed 66% from FY 2021). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 21% per year, which means it is performing significantly worse than earnings.お知らせ • Jan 02Evolve Transition Infrastructure Receives Notice from NYSE American Regarding Continued Listing StandardEvolve Transition Infrastructure LP (“Evolve”) announced that on December 27, 2022, Evolve received a deficiency letter from NYSE American LLC (“NYSE American”) stating that the NYSE American staff has determined that Evolve’s common units have been selling for a low price per common unit for a substantial period of time and, pursuant to Section 1003(f)(v) of the NYSE American Company Guide (the “Company Guide”), Evolve’s continued listing is predicated on it effecting a reverse split of its common units or otherwise demonstrating sustained price improvement within a reasonable period of time, which the NYSE American staff have determined to be no later than June 27, 2023. As a result of the foregoing, Evolve has become subject to the procedures and requirements of Section 1009 of the Company Guide. In compliance with Section 1009, Evolve contacted the NYSE Regulation staff to confirm receipt of the deficiency letter. The receipt of the deficiency letter has no immediate impact on the listing of Evolve’s common units, which will continue to trade on NYSE American subject to Evolve’s compliance with other continued listing standards of NYSE American. Evolve is currently evaluating its available options and intends to include its plan to regain compliance with Section 1003(f)(v) of the Company Guide as part of the plan to be submitted no later than January 5, 2023, which Evolve is required to submit as a result of Evolve’s receipt of the previously disclosed NYSE American deficiency letter dated December 6, 2022 regarding Evolve’s non-compliance with Sections 1003(a)(i) and (ii) of the Company Guide.お知らせ • Dec 12Evolve Transition Infrastructure Receives Notice from NYSE American Regarding Continued Listing StandardEvolve Transition Infrastructure LP announced that on December 6, 2022, the Partnership received a deficiency letter from NYSE American LLC (“NYSE American”) stating that the Partnership was below compliance with the NYSE American continued listing standards of the NYSE American Company Guide, which requires Evolve to report partners’ capital of $2.0 million or more if it has also reported losses from continuing operations and/or net losses in two of its three most recent fiscal years (Section 1003(a)(i)) or to report partners’ capital of $4.0 million or more if it has also reported losses from continuing operations and/or net losses in three of its four most recent fiscal years (Section 1003(a)(ii)). The receipt of the deficiency letter has no immediate impact on the listing of the Partnership’s common units, which will continue to trade on NYSE American subject to the Partnership’s compliance with other continued listing standards of NYSE American. In accordance with applicable NYSE American procedures, the Partnership must submit a plan by January 5, 2023 advising of actions it has taken or will take to regain compliance with the continued listing standard by June 6, 2024. The Partnership is currently evaluating its available options and intends to develop a plan to be submitted no later than January 5, 2023.Board Change • Nov 16Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 6 new directors. No experienced directors. 1 highly experienced director. 2 independent directors (5 non-independent directors). Independent Director of Evolve Transition Infrastructure GP LLC Richard Langdon is the most experienced director on the board, commencing their role in 2006. Independent Director of Evolve Transition Infrastructure GP LLC Steve Meisel was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.お知らせ • Sep 23Evolve Transition Infrastructure LP(NYSEAM:SNMP) dropped from Alerian MLP IndexEvolve Transition Infrastructure LP removed from Alerian MLP Index.Reported Earnings • Aug 11Second quarter 2022 earnings released: US$0.12 loss per share (vs US$0.42 loss in 2Q 2021)Second quarter 2022 results: US$0.12 loss per share (up from US$0.42 loss in 2Q 2021). Revenue: US$7.33m (down 20% from 2Q 2021). Net loss: US$16.6m (loss narrowed 42% from 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has remained flat, which means it is well ahead of earnings.お知らせ • Jun 08Evolve Transition Infrastructure Announces Court Approval of Mesquite Settlement AgreementEvolve Transition Infrastructure LP announced the approval by the United States Bankruptcy Court for the Southern District of Texas of the previously announced Settlement Agreement between Evolve and Mesquite Energy, Inc. (“Mesquite”) and certain of their respective affiliates resolving outstanding claims between the parties. As part of the Settlement Agreement, Mesquite will pay $10 million to Evolve and each of the parties to the Settlement Agreement will execute and deliver to each other party to the Settlement Agreement customary releases providing for, among other things, the release of all claims (including relating to historic payments), causes of action and demands accruing prior to the date of the Settlement Agreement. The parties have agreed to exchange the payment and customary releases within 5 days of the Bankruptcy Court’s order approving the Settlement Agreement becoming non-appealable or such earlier date as may be agreed by the parties. Concurrent with the execution of the Settlement Agreement, Evolve and Mesquite entered into the previously announced Amended and Restated Firm Gathering and Processing Agreement (“Restated Gathering Agreement”) pursuant to which Evolve received an additional dedication of Mesquite’s Eastern Catarina acreage position in Dimmit, La Salle, and Webb counties in Texas and the payment of amounts equaling approximately $5 million from Mesquite. Further, the Restated Gathering Agreement extends the term of Evolve’s previous firm gathering and processing agreement with Mesquite and provides a separate rate for new production in Mesquite’s Catarina acreage which solidifies Evolve’s commercial position regarding its current gathering and processing operations with Mesquite. Evolve expects to use the proceeds from the payments received and to be received in connection with the Settlement Agreement and Restated Gathering Agreement for both debt repayment and general partnership expenses. As a result, Evolve anticipates less than $30 million of total debt outstanding as of September 30, 2022, which represents a significant reduction from $180 million as of December 31, 2018.Reported Earnings • May 14First quarter 2022 earnings released: US$0.084 loss per share (vs US$0.91 loss in 1Q 2021)First quarter 2022 results: US$0.084 loss per share (up from US$0.91 loss in 1Q 2021). Revenue: US$15.1m (up 63% from 1Q 2021). Net loss: US$9.73m (loss narrowed 73% from 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 47% per year, which means it has not declined as severely as earnings.Board Change • Apr 27Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Director of Evolve Transition Infrastructure GP LLC Steve Meisel was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.Reported Earnings • Apr 01Full year 2021 earnings released: US$2.05 loss per share (vs US$5.94 loss in FY 2020)Full year 2021 results: US$2.05 loss per share. Revenue: US$51.5m (down 9.2% from FY 2020). Net loss: US$155.4m (loss widened 31% from FY 2020).Executive Departure • Dec 01CEO & Director of Evolve Transition Infrastructure GP LLC Gerald Willinger has left the companyDuring their tenure, earnings grew by 7.1% annually compared to the industry average of 0.4%. On the 1st of December, Gerald Willinger left the company after 6.7 years in the role. Gerald still personally held 1.55m shares (US$1.6m worth) as of September 2021. This is 1.4% of the company. A total of 3 executives have left over the last 12 months. Under Gerald's leadership, the company delivered a total shareholder return of -92%.Reported Earnings • Nov 13Third quarter 2021 earnings released: US$0.34 loss per share (vs US$1.28 loss in 3Q 2020)The company reported a solid third quarter result with improved revenues and control over costs, although losses increased. Third quarter 2021 results: Revenue: US$16.9m (up 36% from 3Q 2020). Net loss: US$28.6m (loss widened 16% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 38% per year, which means it has not declined as severely as earnings.Reported Earnings • Aug 14Second quarter 2021 earnings released: US$0.42 loss per share (vs US$1.18 loss in 2Q 2020)The company reported a poor second quarter result with increased losses, weaker revenues and weaker control over costs. Second quarter 2021 results: Revenue: US$9.14m (down 21% from 2Q 2020). Net loss: US$28.4m (loss widened 25% from 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has fallen by 53% per year, which means it is performing significantly worse than earnings.Reported Earnings • May 16First quarter 2021 earnings released: US$0.89 loss per share (vs US$2.18 loss in 1Q 2020)The company reported a soft first quarter result with weaker revenues and control over costs, although losses reduced. First quarter 2021 results: Revenue: US$11.8m (down 43% from 1Q 2020). Net loss: US$34.8m (loss narrowed 16% from 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has fallen by 62% per year, which means it is performing significantly worse than earnings.Executive Departure • Apr 03Independent Director of Sanchez Midstream Partners GP LLC has left the companyOn the 31st of March, Alan Bigman's tenure as Independent Director of Sanchez Midstream Partners GP LLC ended after 6.8 years in the role. We don't have any record of a personal shareholding under Alan's name. A total of 5 executives have left over the last 12 months.Reported Earnings • Mar 19Full year 2020 earnings released: US$5.94 loss per share (vs US$1.46 profit in FY 2019)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: US$56.7m (down 25% from FY 2019). Net loss: US$118.8m (down US$146.4m from profit in FY 2019). Oil reserves and sales price Proven reserves: 1.716 MMbbls Average sales price/bbl (hedged): US$51.68 Gas reserves and sales price Proven reserves: 1.722 Bcf Average sales price/mcf (hedged): US$4.13 LNG reserves and sales price Proven reserves: 0.28 MMbbls Average sales price/bbl: US$10.58 Combined production and costs Oil equivalent production: 0.241 MMboe (0.309 MMboe in FY 2019) Average production cost/Boe: US$23.45 (US$21.04/Boe in FY 2019) Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has fallen by 54% per year, which means it is performing significantly worse than earnings.お知らせ • Feb 18Antonio R. Sanchez, III Resigns as Member of the Board of Sanchez Midstream Partners LPOn February 16, 2021, Antonio R. Sanchez, III informed the Board of Directors (the “Board”) of Sanchez Midstream Partners GP LLC (the “General Partner”), the general partner of Sanchez Midstream Partners LP (the “Partnership”), of his resignation as a member of the Board effective as of February 16, 2021. Mr. Sanchez did not hold any positions on any committee of the Board. Mr. Sanchez’s resignation was not the result of any disagreement with the Board, the General Partner or the Partnership.Executive Departure • Feb 18Director of Sanchez Midstream Partners GP LLC has left the companyOn the 16th of February, Antonio Sanchez's tenure as Director of Sanchez Midstream Partners GP LLC ended after 7.5 years in the role. As of December 2020, Antonio personally held 213.27k shares (US$131k worth at the time). A total of 4 executives have left over the last 12 months.Is New 90 Day High Low • Feb 17New 90-day high: US$1.70The company is up 186% from its price of US$0.60 on 18 November 2020. The American market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Oil and Gas industry, which is up 26% over the same period.Is New 90 Day High Low • Jan 29New 90-day high: US$1.38The company is up 117% from its price of US$0.64 on 30 October 2020. The American market is up 19% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Oil and Gas industry, which is up 41% over the same period.Is New 90 Day High Low • Jan 13New 90-day high: US$0.93The company is up 39% from its price of US$0.67 on 14 October 2020. The American market is up 12% over the last 90 days, indicating the company outperformed over that time. However, its price trend is similar to the Oil and Gas industry, which is also up 39% over the same period.Reported Earnings • Nov 18Third quarter 2020 earnings released: US$1.28 loss per shareThe company reported a poor third quarter result with weaker earnings, revenues and control over expenses. Third quarter 2020 results: Revenue: US$12.5m (down 40% from 3Q 2019). Net loss: US$24.6m (down 126% from profit in 3Q 2019). Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has fallen by 64% per year, which means it is significantly lagging earnings.Is New 90 Day High Low • Oct 10New 90-day high: US$0.72The company is up 116% from its price of US$0.34 on 10 July 2020. The American market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Oil and Gas industry, which is down 11% over the same period.Is New 90 Day High Low • Sep 18New 90-day low: US$0.28The company is down 32% from its price of US$0.41 on 19 June 2020. The American market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Oil and Gas industry, which is down 15% over the same period.お知らせ • Jun 30NYSE American Approves SNMP’s Plan to Regain ComplianceSanchez Midstream Partners LP (“SNMP” or the “Partnership”) announced that on June 25, 2020, the NYSE American LLC (the “Exchange”) notified the Partnership that it has accepted the Partnership’s plan to regain compliance with the Exchange’s continued listing standards. As previously disclosed, on April 3, 2020, the Partnership received a letter from the Exchange stating that the Partnership was below compliance with Section 1003(a)(i) of the Exchange’s continued listing standards, specifically because the Partnership reported partners’ capital of less than $2,000,000 as of December 31, 2019 and had net losses in two of its three most recent fiscal years. The Partnership submitted a compliance plan to the Exchange on May 4, 2020 advising the Exchange how the Partnership plans to regain compliance with the Exchange’s continued listing standards by October 3, 2021. The Exchange has reviewed and accepted the plan and the Partnership has been granted a targeted completion date of October 3, 2021 to implement its plan and regain compliance. If the Partnership is not in compliance with the continued listing standards by October 3, 2021, or if it does not make progress consistent with the plan during the plan period, the Exchange may initiate delisting proceedings as appropriate. The Partnership intends to regain compliance with the Exchange’s continued listings standards by such date; however, there is no assurance the Partnership will be able to accomplish this.収支内訳Evolve Transition Infrastructure の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史NYSEAM:SNMP 収益、費用、利益 ( )USD Millions日付収益収益G+A経費研究開発費30 Sep 2325-635030 Jun 2326-594031 Mar 2327-668031 Dec 2236-536030 Sep 2246-1053030 Jun 2255-1185031 Mar 2257-1306031 Dec 2151-15511030 Sep 2145-12223030 Jun 2139-11922031 Mar 2141-11124031 Dec 2045-9921030 Sep 2052-11718030 Jun 2062119031 Mar 20721518031 Dec 19762819030 Sep 19898220030 Jun 1987-2020031 Mar 1982-2624031 Dec 1883-2426030 Sep 1871-3927030 Jun 1872-3528031 Mar 1880-3126031 Dec 1787-4126030 Sep 1783-5826030 Jun 1785-4326031 Mar 1772-5125031 Dec 1670-4425030 Sep 1680-7924030 Jun 1686-8225031 Mar 1678-7623031 Dec 1567-15426030 Sep 1572-8124030 Jun 1568-8221031 Mar 1575-7722031 Dec 14741016030 Sep 1453-1518030 Jun 1444-2417031 Mar 1448-1815031 Dec 1341-2616030 Sep 1344-1515030 Jun 1335-2216031 Mar 1329-27160質の高い収益: SNMPは現在利益が出ていません。利益率の向上: SNMPは現在利益が出ていません。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: SNMPは利益が出ておらず、過去 5 年間で損失は年間28.4%の割合で増加しています。成長の加速: SNMPの過去 1 年間の収益成長を 5 年間の平均と比較することはできません。現在は利益が出ていないためです。収益対業界: SNMPは利益が出ていないため、過去 1 年間の収益成長をOil and Gas業界 ( 6% ) と比較することは困難です。株主資本利益率高いROE: SNMPの負債は資産を上回っているため、自己資本利益率を計算することは困難です。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YEnergy 、過去の業績が好調な企業。View Financial Health企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2024/02/16 14:37終値2024/02/16 00:00収益2023/09/30年間収益2022/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Evolve Transition Infrastructure LP これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。10 アナリスト機関Jeffrey RobertsonBarclaysAdam KarpfBarclaysGabriel MoreenBofA Global Research7 その他のアナリストを表示
Reported Earnings • May 14First quarter 2023 earnings released: US$0.10 loss per share (vs US$0.084 loss in 1Q 2022)First quarter 2023 results: US$0.10 loss per share (further deteriorated from US$0.084 loss in 1Q 2022). Revenue: US$6.37m (down 58% from 1Q 2022). Net loss: US$22.2m (loss widened 128% from 1Q 2022). Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has fallen by 32% per year, which means it is significantly lagging earnings.
Reported Earnings • Mar 28Full year 2022 earnings released: US$0.35 loss per share (vs US$2.05 loss in FY 2021)Full year 2022 results: US$0.35 loss per share (improved from US$2.05 loss in FY 2021). Revenue: US$36.1m (down 30% from FY 2021). Net loss: US$53.1m (loss narrowed 66% from FY 2021). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 21% per year, which means it is performing significantly worse than earnings.
Reported Earnings • Aug 11Second quarter 2022 earnings released: US$0.12 loss per share (vs US$0.42 loss in 2Q 2021)Second quarter 2022 results: US$0.12 loss per share (up from US$0.42 loss in 2Q 2021). Revenue: US$7.33m (down 20% from 2Q 2021). Net loss: US$16.6m (loss narrowed 42% from 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
Reported Earnings • May 14First quarter 2022 earnings released: US$0.084 loss per share (vs US$0.91 loss in 1Q 2021)First quarter 2022 results: US$0.084 loss per share (up from US$0.91 loss in 1Q 2021). Revenue: US$15.1m (up 63% from 1Q 2021). Net loss: US$9.73m (loss narrowed 73% from 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 47% per year, which means it has not declined as severely as earnings.
Reported Earnings • Apr 01Full year 2021 earnings released: US$2.05 loss per share (vs US$5.94 loss in FY 2020)Full year 2021 results: US$2.05 loss per share. Revenue: US$51.5m (down 9.2% from FY 2020). Net loss: US$155.4m (loss widened 31% from FY 2020).
Reported Earnings • Nov 13Third quarter 2021 earnings released: US$0.34 loss per share (vs US$1.28 loss in 3Q 2020)The company reported a solid third quarter result with improved revenues and control over costs, although losses increased. Third quarter 2021 results: Revenue: US$16.9m (up 36% from 3Q 2020). Net loss: US$28.6m (loss widened 16% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 38% per year, which means it has not declined as severely as earnings.
お知らせ • Mar 01Evolve Transition Infrastructure Files Form 15Evolve Transition Infrastructure LP has announced that it has filed a Form 15 with the Securities and Exchange Commission to voluntarily deregister its Common Units under the Securities Exchange Act of 1934, as amended.
お知らせ • Jan 09Evolve Transition Infrastructure Intends to Withdraw Voluntarily its Common Units from Listing on the New York Stock ExchangeOn January 8, 2024, Evolve Transition Infrastructure GP LLC (the “General Partner”), the general partner of Evolve Transition Infrastructure LP (the “Partnership”), elected to exercise its right as the holder (together with its controlled affiliates) of more than 80% of the outstanding Common Units and pursuant to Section 15.1 of the Partnership’s Third Amended and Restated Agreement of Limited Partnership, as amended (the “Partnership Agreement”) to purchase all of the issued and outstanding common units representing limited partner interests in the Partnership (“Common Units”) not already owned by the General Partner or its controlled affiliates for a cash purchase price, determined pursuant to the contractual formula set in Section 15.1(b) of the Partnership Agreement, of $1.389285 per unit (the “Purchase Right”). As a result of the purchase, the General Partner and its affiliates will own, directly or indirectly 100% of the Partnership’s Common Units and there will no longer be a public market for the Common Units. Therefore, the Partnership intends to withdraw voluntarily its Common Units from listing on the New York Stock Exchange and from registration on the NYSE American under Section 12(b) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) and to file a Form 25 with the Securities and Exchange Commission (the “SEC”) to withdraw voluntarily the Common Units from listing on the NYSE American and from registration on the NYSE American under Section 12(b) of the Exchange Act. The Partnership expects that the Common Units will continue to be listed through February 16, 2024 and will no longer be listed on February 19, 2024.
お知らせ • Jul 27Evolve Transition Announces NYSE American Removal of Trading SuspensionEvolve Transition Infrastructure LP announced that on July 25, 2023, it received a letter from NYSE American LLC informing Evolve that it has resolved the continued listing deficiency with respect to low selling price as described in Section 1003(f)(v) of the NYSE American Company Guide. As a result, the staff of NYSE Regulation has withdrawn its delisting determination and will be lifting the trading suspension on the Partnership’s common units representing limited partner interests in the Partnership on the NYSE American. The common units will commence trading on the NYSE American on Monday, July 31, 2023 under the symbol “SNMP.” Notwithstanding the lifting of the trading suspension, Evolve continues to remain subject to its previously disclosed plan to regain compliance with the NYSE American’s continued listing standards, which was accepted by the NYSE American on February 21, 2023. As noted in its February 23, 2023 press release, Evolve has been granted a target completion date of June 6, 2024 to implement its plan and regain compliance with the NYSE American’s continued listing standards set forth in Sections 1003(a)(i) and 1003(a)(ii) of the Company Guide. If the Partnership is not in compliance with the continued listing standards by June 6, 2024, or if it does not make progress consistent with the plan during the plan period, the NYSE American may again initiate delisting proceedings as appropriate. The Partnership intends to regain compliance with the NYSE American’s continued listings standards by such date; however, there is no assurance the Partnership will be able to accomplish this.
お知らせ • Jun 30Evolve Transition Infrastructure Receives Notice from NYSE Office of General Counsel Confirming A Listing Qualifications Panel of the Committee for ReviewAs previously disclosed, Evolve Transition Infrastructure LP (the Partnership") received notice on June 6, 2023 from the NYSE American LLC (NYSE") that the Partnership was not in compliance with the continued listing standards set in Section 1003(f)(v) of the NYSE American Company Guide and disclosed that NYSE Regulation has determined to commence proceedings to delist the Partnership's common units representing limited partner interests in the Partnership (Common Units") from the NYSE due to the low selling price of the Common Units. On June 13, 2023, the Partnership submitted formal written notice exercising its right to a review of NYSE Regulation's delisting determination in accordance with the NYSE delisting procedures and awaits an oral hearing regarding the Partnership's continued listing. On June 23, 2023, the Partnership received notice from the NYSE Office of General Counsel confirming that, in accordance with the NYSE Company Guide, a Listing Qualifications Panel of the Committee for Review (the Panel") has been authorized to make a determination on this matter and the hearing before the Panel is scheduled for August 8, 2023. As previously disclosed, the delisting of the Common Units will be stayed pending the conclusion of the review process, while the trading suspension that was implemented on June 6, 2023 will remain in effect. If the Partnership is successful in its appeal of NYSE Regulation's determination to commence delisting proceedings, the Common Units may resume trading on the NYSE. In the interim, the Common Units will continue to trade on the over-the-counter market under the symbol SNMP." As previously disclosed, the Partnership announced a one-for-thirty reverse split (the Reverse Split") of its Common Units on May 22, 2023 and later amended the date for the previously announced Reverse Split due to the fact that the Reverse Split was subject to review by the Financial Industry Regulatory Authority (FINRA") as a result of the Common Units initiating trading on the over-the-counter market on June 7, 2023. On June 23, 2023, the Partnership issued a press release announcing that it is amending the date for the previously announced Reverse Split to be effective after the over-the-counter market closes on July 17, 2023. The Common Units will begin trading on a split-adjusted basis when the over-the-counter market opens on July 18, 2023. The Common Units will continue trading on the over-the-counter market under the symbol SNMP" and will be assigned a new CUSIP number (30053M203) following the Reverse Split.
お知らせ • Jun 16Evolve Transition Infrastructure Submits Formal Written Notice Exercising Its Right to A Review of NYSE Regulation’s Delisting DeterminationAs previously disclosed, Evolve Transition Infrastructure LP (the “Partnership”) received notice on June 6, 2023 from the NYSE American LLC (“NYSE”) that the Partnership was not in compliance with the continued listing standards set forth in Section 1003(f)(v) of the NYSE American Company Guide and disclosed that NYSE Regulation has determined to commence proceedings to delist the Partnership’s common units representing limited partner interests in the Partnership (“Common Units”) from the NYSE due to the low selling price of the Common Units. On June 13, 2023, the Partnership submitted formal written notice exercising its right to a review of NYSE Regulation’s delisting determination in accordance with the NYSE delisting procedures and awaits an oral hearing regarding the Partnership’s continued listing. The delisting of the Common Units will be stayed pending the conclusion of the review process, while the trading suspension that was implemented on June 6, 2023 will remain in effect. If the Partnership is successful in its appeal of NYSE Regulation’s determination to commence delisting proceedings, the Common Units may resume trading on the NYSE. In the interim, the Common Units will continue to trade on the over-the-counter market.
New Risk • Jun 08New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: US$6.80m This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (21% average weekly change). Earnings have declined by 34% per year over the past 5 years. Shareholders have been substantially diluted in the past year (57% increase in shares outstanding). Market cap is less than US$10m (US$6.80m market cap). Minor Risk Negative equity (-US$243m).
お知らせ • Jun 07NYSE American to Commence Delisting Proceedings against Evolve Transition InfrastructureNYSE American LLC announced that the staff of NYSE Regulation has determined to commence proceedings to delist the Common Units representing limited partner interests (“Common Units”) of Evolve Transition Infrastructure LP (the “Company”) — ticker symbol SNMP — from NYSE American. Trading in the Company’s Common Units will be suspended immediately. NYSE Regulation has determined that the Company is no longer suitable for listing pursuant to Section 1003(f)(v) of the NYSE American Company Guide due to the low selling price of the Common Units. The Company has a right to a review of staff’s determination to delist the Common Units by a Committee of the Board of Directors of the Exchange. The NYSE American will apply to the Securities and Exchange Commission to delist the Company’s Common Units upon completion of all applicable procedures, including any appeal by the Company of the NYSE Regulation staff’s decision.
Reported Earnings • May 14First quarter 2023 earnings released: US$0.10 loss per share (vs US$0.084 loss in 1Q 2022)First quarter 2023 results: US$0.10 loss per share (further deteriorated from US$0.084 loss in 1Q 2022). Revenue: US$6.37m (down 58% from 1Q 2022). Net loss: US$22.2m (loss widened 128% from 1Q 2022). Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has fallen by 32% per year, which means it is significantly lagging earnings.
Reported Earnings • Mar 28Full year 2022 earnings released: US$0.35 loss per share (vs US$2.05 loss in FY 2021)Full year 2022 results: US$0.35 loss per share (improved from US$2.05 loss in FY 2021). Revenue: US$36.1m (down 30% from FY 2021). Net loss: US$53.1m (loss narrowed 66% from FY 2021). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 21% per year, which means it is performing significantly worse than earnings.
お知らせ • Jan 02Evolve Transition Infrastructure Receives Notice from NYSE American Regarding Continued Listing StandardEvolve Transition Infrastructure LP (“Evolve”) announced that on December 27, 2022, Evolve received a deficiency letter from NYSE American LLC (“NYSE American”) stating that the NYSE American staff has determined that Evolve’s common units have been selling for a low price per common unit for a substantial period of time and, pursuant to Section 1003(f)(v) of the NYSE American Company Guide (the “Company Guide”), Evolve’s continued listing is predicated on it effecting a reverse split of its common units or otherwise demonstrating sustained price improvement within a reasonable period of time, which the NYSE American staff have determined to be no later than June 27, 2023. As a result of the foregoing, Evolve has become subject to the procedures and requirements of Section 1009 of the Company Guide. In compliance with Section 1009, Evolve contacted the NYSE Regulation staff to confirm receipt of the deficiency letter. The receipt of the deficiency letter has no immediate impact on the listing of Evolve’s common units, which will continue to trade on NYSE American subject to Evolve’s compliance with other continued listing standards of NYSE American. Evolve is currently evaluating its available options and intends to include its plan to regain compliance with Section 1003(f)(v) of the Company Guide as part of the plan to be submitted no later than January 5, 2023, which Evolve is required to submit as a result of Evolve’s receipt of the previously disclosed NYSE American deficiency letter dated December 6, 2022 regarding Evolve’s non-compliance with Sections 1003(a)(i) and (ii) of the Company Guide.
お知らせ • Dec 12Evolve Transition Infrastructure Receives Notice from NYSE American Regarding Continued Listing StandardEvolve Transition Infrastructure LP announced that on December 6, 2022, the Partnership received a deficiency letter from NYSE American LLC (“NYSE American”) stating that the Partnership was below compliance with the NYSE American continued listing standards of the NYSE American Company Guide, which requires Evolve to report partners’ capital of $2.0 million or more if it has also reported losses from continuing operations and/or net losses in two of its three most recent fiscal years (Section 1003(a)(i)) or to report partners’ capital of $4.0 million or more if it has also reported losses from continuing operations and/or net losses in three of its four most recent fiscal years (Section 1003(a)(ii)). The receipt of the deficiency letter has no immediate impact on the listing of the Partnership’s common units, which will continue to trade on NYSE American subject to the Partnership’s compliance with other continued listing standards of NYSE American. In accordance with applicable NYSE American procedures, the Partnership must submit a plan by January 5, 2023 advising of actions it has taken or will take to regain compliance with the continued listing standard by June 6, 2024. The Partnership is currently evaluating its available options and intends to develop a plan to be submitted no later than January 5, 2023.
Board Change • Nov 16Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 6 new directors. No experienced directors. 1 highly experienced director. 2 independent directors (5 non-independent directors). Independent Director of Evolve Transition Infrastructure GP LLC Richard Langdon is the most experienced director on the board, commencing their role in 2006. Independent Director of Evolve Transition Infrastructure GP LLC Steve Meisel was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.
お知らせ • Sep 23Evolve Transition Infrastructure LP(NYSEAM:SNMP) dropped from Alerian MLP IndexEvolve Transition Infrastructure LP removed from Alerian MLP Index.
Reported Earnings • Aug 11Second quarter 2022 earnings released: US$0.12 loss per share (vs US$0.42 loss in 2Q 2021)Second quarter 2022 results: US$0.12 loss per share (up from US$0.42 loss in 2Q 2021). Revenue: US$7.33m (down 20% from 2Q 2021). Net loss: US$16.6m (loss narrowed 42% from 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
お知らせ • Jun 08Evolve Transition Infrastructure Announces Court Approval of Mesquite Settlement AgreementEvolve Transition Infrastructure LP announced the approval by the United States Bankruptcy Court for the Southern District of Texas of the previously announced Settlement Agreement between Evolve and Mesquite Energy, Inc. (“Mesquite”) and certain of their respective affiliates resolving outstanding claims between the parties. As part of the Settlement Agreement, Mesquite will pay $10 million to Evolve and each of the parties to the Settlement Agreement will execute and deliver to each other party to the Settlement Agreement customary releases providing for, among other things, the release of all claims (including relating to historic payments), causes of action and demands accruing prior to the date of the Settlement Agreement. The parties have agreed to exchange the payment and customary releases within 5 days of the Bankruptcy Court’s order approving the Settlement Agreement becoming non-appealable or such earlier date as may be agreed by the parties. Concurrent with the execution of the Settlement Agreement, Evolve and Mesquite entered into the previously announced Amended and Restated Firm Gathering and Processing Agreement (“Restated Gathering Agreement”) pursuant to which Evolve received an additional dedication of Mesquite’s Eastern Catarina acreage position in Dimmit, La Salle, and Webb counties in Texas and the payment of amounts equaling approximately $5 million from Mesquite. Further, the Restated Gathering Agreement extends the term of Evolve’s previous firm gathering and processing agreement with Mesquite and provides a separate rate for new production in Mesquite’s Catarina acreage which solidifies Evolve’s commercial position regarding its current gathering and processing operations with Mesquite. Evolve expects to use the proceeds from the payments received and to be received in connection with the Settlement Agreement and Restated Gathering Agreement for both debt repayment and general partnership expenses. As a result, Evolve anticipates less than $30 million of total debt outstanding as of September 30, 2022, which represents a significant reduction from $180 million as of December 31, 2018.
Reported Earnings • May 14First quarter 2022 earnings released: US$0.084 loss per share (vs US$0.91 loss in 1Q 2021)First quarter 2022 results: US$0.084 loss per share (up from US$0.91 loss in 1Q 2021). Revenue: US$15.1m (up 63% from 1Q 2021). Net loss: US$9.73m (loss narrowed 73% from 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 47% per year, which means it has not declined as severely as earnings.
Board Change • Apr 27Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Director of Evolve Transition Infrastructure GP LLC Steve Meisel was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
Reported Earnings • Apr 01Full year 2021 earnings released: US$2.05 loss per share (vs US$5.94 loss in FY 2020)Full year 2021 results: US$2.05 loss per share. Revenue: US$51.5m (down 9.2% from FY 2020). Net loss: US$155.4m (loss widened 31% from FY 2020).
Executive Departure • Dec 01CEO & Director of Evolve Transition Infrastructure GP LLC Gerald Willinger has left the companyDuring their tenure, earnings grew by 7.1% annually compared to the industry average of 0.4%. On the 1st of December, Gerald Willinger left the company after 6.7 years in the role. Gerald still personally held 1.55m shares (US$1.6m worth) as of September 2021. This is 1.4% of the company. A total of 3 executives have left over the last 12 months. Under Gerald's leadership, the company delivered a total shareholder return of -92%.
Reported Earnings • Nov 13Third quarter 2021 earnings released: US$0.34 loss per share (vs US$1.28 loss in 3Q 2020)The company reported a solid third quarter result with improved revenues and control over costs, although losses increased. Third quarter 2021 results: Revenue: US$16.9m (up 36% from 3Q 2020). Net loss: US$28.6m (loss widened 16% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 38% per year, which means it has not declined as severely as earnings.
Reported Earnings • Aug 14Second quarter 2021 earnings released: US$0.42 loss per share (vs US$1.18 loss in 2Q 2020)The company reported a poor second quarter result with increased losses, weaker revenues and weaker control over costs. Second quarter 2021 results: Revenue: US$9.14m (down 21% from 2Q 2020). Net loss: US$28.4m (loss widened 25% from 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has fallen by 53% per year, which means it is performing significantly worse than earnings.
Reported Earnings • May 16First quarter 2021 earnings released: US$0.89 loss per share (vs US$2.18 loss in 1Q 2020)The company reported a soft first quarter result with weaker revenues and control over costs, although losses reduced. First quarter 2021 results: Revenue: US$11.8m (down 43% from 1Q 2020). Net loss: US$34.8m (loss narrowed 16% from 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has fallen by 62% per year, which means it is performing significantly worse than earnings.
Executive Departure • Apr 03Independent Director of Sanchez Midstream Partners GP LLC has left the companyOn the 31st of March, Alan Bigman's tenure as Independent Director of Sanchez Midstream Partners GP LLC ended after 6.8 years in the role. We don't have any record of a personal shareholding under Alan's name. A total of 5 executives have left over the last 12 months.
Reported Earnings • Mar 19Full year 2020 earnings released: US$5.94 loss per share (vs US$1.46 profit in FY 2019)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: US$56.7m (down 25% from FY 2019). Net loss: US$118.8m (down US$146.4m from profit in FY 2019). Oil reserves and sales price Proven reserves: 1.716 MMbbls Average sales price/bbl (hedged): US$51.68 Gas reserves and sales price Proven reserves: 1.722 Bcf Average sales price/mcf (hedged): US$4.13 LNG reserves and sales price Proven reserves: 0.28 MMbbls Average sales price/bbl: US$10.58 Combined production and costs Oil equivalent production: 0.241 MMboe (0.309 MMboe in FY 2019) Average production cost/Boe: US$23.45 (US$21.04/Boe in FY 2019) Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has fallen by 54% per year, which means it is performing significantly worse than earnings.
お知らせ • Feb 18Antonio R. Sanchez, III Resigns as Member of the Board of Sanchez Midstream Partners LPOn February 16, 2021, Antonio R. Sanchez, III informed the Board of Directors (the “Board”) of Sanchez Midstream Partners GP LLC (the “General Partner”), the general partner of Sanchez Midstream Partners LP (the “Partnership”), of his resignation as a member of the Board effective as of February 16, 2021. Mr. Sanchez did not hold any positions on any committee of the Board. Mr. Sanchez’s resignation was not the result of any disagreement with the Board, the General Partner or the Partnership.
Executive Departure • Feb 18Director of Sanchez Midstream Partners GP LLC has left the companyOn the 16th of February, Antonio Sanchez's tenure as Director of Sanchez Midstream Partners GP LLC ended after 7.5 years in the role. As of December 2020, Antonio personally held 213.27k shares (US$131k worth at the time). A total of 4 executives have left over the last 12 months.
Is New 90 Day High Low • Feb 17New 90-day high: US$1.70The company is up 186% from its price of US$0.60 on 18 November 2020. The American market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Oil and Gas industry, which is up 26% over the same period.
Is New 90 Day High Low • Jan 29New 90-day high: US$1.38The company is up 117% from its price of US$0.64 on 30 October 2020. The American market is up 19% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Oil and Gas industry, which is up 41% over the same period.
Is New 90 Day High Low • Jan 13New 90-day high: US$0.93The company is up 39% from its price of US$0.67 on 14 October 2020. The American market is up 12% over the last 90 days, indicating the company outperformed over that time. However, its price trend is similar to the Oil and Gas industry, which is also up 39% over the same period.
Reported Earnings • Nov 18Third quarter 2020 earnings released: US$1.28 loss per shareThe company reported a poor third quarter result with weaker earnings, revenues and control over expenses. Third quarter 2020 results: Revenue: US$12.5m (down 40% from 3Q 2019). Net loss: US$24.6m (down 126% from profit in 3Q 2019). Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has fallen by 64% per year, which means it is significantly lagging earnings.
Is New 90 Day High Low • Oct 10New 90-day high: US$0.72The company is up 116% from its price of US$0.34 on 10 July 2020. The American market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Oil and Gas industry, which is down 11% over the same period.
Is New 90 Day High Low • Sep 18New 90-day low: US$0.28The company is down 32% from its price of US$0.41 on 19 June 2020. The American market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Oil and Gas industry, which is down 15% over the same period.
お知らせ • Jun 30NYSE American Approves SNMP’s Plan to Regain ComplianceSanchez Midstream Partners LP (“SNMP” or the “Partnership”) announced that on June 25, 2020, the NYSE American LLC (the “Exchange”) notified the Partnership that it has accepted the Partnership’s plan to regain compliance with the Exchange’s continued listing standards. As previously disclosed, on April 3, 2020, the Partnership received a letter from the Exchange stating that the Partnership was below compliance with Section 1003(a)(i) of the Exchange’s continued listing standards, specifically because the Partnership reported partners’ capital of less than $2,000,000 as of December 31, 2019 and had net losses in two of its three most recent fiscal years. The Partnership submitted a compliance plan to the Exchange on May 4, 2020 advising the Exchange how the Partnership plans to regain compliance with the Exchange’s continued listing standards by October 3, 2021. The Exchange has reviewed and accepted the plan and the Partnership has been granted a targeted completion date of October 3, 2021 to implement its plan and regain compliance. If the Partnership is not in compliance with the continued listing standards by October 3, 2021, or if it does not make progress consistent with the plan during the plan period, the Exchange may initiate delisting proceedings as appropriate. The Partnership intends to regain compliance with the Exchange’s continued listings standards by such date; however, there is no assurance the Partnership will be able to accomplish this.