Streetbeat News

SNMP

Evolve Transition Infrastructure LP

CEO

Gerald Willinger

Industry

Crude Petroleum and Natural Gas Extraction

evolve transition infrastructure lp (nyse american: snmp) 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. we own natural gas gathering systems, pipelines, and processing facilities in south texas and continue to pursue energy transition infrastructure opportunities. posts do not incorporate all of evolve's press releases. for a complete listing, please visit: https://evolvetransition.gcs-web.com/news-releases

Open

1.32

Mkt cap

338M

Volume

18K

High

1.37

P/E Ratio

-3.91

52-wk high

13.81

Low

1.32

Div yield

N/A

52-wk low

0.14

RxSight, Inc. (RXST) shares surged by 20% after providing FY23 and FY24 revenue guidance above estimates and following a price target increase by Needham. Other stocks experienced significant movement, with Harpoon Therapeutics, Inc. (HARP) and Ambrx Biopharma Inc. (AMAM) seeing major gains due to acquisition announcements. Conversely, LumiraDx Limited (LMDX) and Solo Brands, Inc. (DTC) faced steep declines, with LumiraDx facing Nasdaq suspension and Solo Brands lowering its full year 2023 revenue guidance.

Portfolio Pulse from Avi Kapoor

January 08, 2024 | 6:36 pm

Several stocks experienced significant price movements in Friday's mid-day trading session. Blue Apron Holdings (APRN) surged 133.5% after announcing an acquisition agreement with Wonder Group. OpGen (OPGN) jumped 109% after requesting to withdraw its registration statement. Novo Integrated Sciences (NVOS) gained 66.3% after signing a $1 billion Master Collateral Transfer Agreement with Blacksheep Trust. SeaStar Medical Holding (ICU) rose 35% after being granted Breakthrough Device Designation by the FDA. On the downside, The Glimpse Group (VRAR) dipped 42.5% after reporting a wider FY23 loss, and Capricor Therapeutics (CAPR) fell 41.4% after announcing a $23 million registered direct offering.

Portfolio Pulse from Lisa Levin

September 29, 2023 | 6:10 pm

The article lists the stocks that have gained and lost in Wednesday's mid-day session. Notable gainers include Novo Integrated Sciences, Akumin, and Green Giant, which reported positive financial results or updates. On the other hand, Sacks Parente Golf, RVL Pharmaceuticals, and Coherent Corp. were among the biggest losers, with factors such as IPO pricing and disappointing financial results contributing to their decline. Tower Semiconductor's shares fell by 8.2% after the company and Intel mutually agreed to terminate their takeover pending regulatory approval.

Portfolio Pulse from Lisa Levin

August 16, 2023 | 5:02 pm

Several stocks experienced significant pre-market movements. Amyris, Inc. (AMRS) shares dipped over 80% after filing for Chapter 11 bankruptcy. Semler Scientific, Inc. (SMLR) rose 40% after reporting better-than-expected Q2 results. Eton Pharmaceuticals, Inc. (ETON) gained 25.3% after posting upbeat Q2 results. WeWork Inc. (WE) rose 22.1% amid volatility and doubts over its ability to stay in business. Archer Aviation Inc. (ACHR) rose 22% after announcing a $215 million investment and a litigation settlement with Wisk Aero and Boeing. Other notable movers include 1847 Holdings LLC (EFSH), Innodata Inc. (INOD), Pagaya Technologies Ltd. (PGY), Rigetti Computing, Inc. (RGTI), and Matinas BioPharma Holdings, Inc. (MTNB).

Portfolio Pulse from Lisa Levin

August 11, 2023 | 12:23 pm

Shares of Evolve Transition Infrastructure, LP (SNMP) are up by 47% on heavy trading volume, with over 1.92 million shares traded, far exceeding the stock's 100-day average of 43,996 shares. This follows the NYSE Regulation's withdrawal of its delisting determination, allowing the company's common units to commence trading on the NYSE American.

Portfolio Pulse from Erica Kollmann

August 04, 2023 | 9:44 am

Trading has resumed for Evolve Transition Infrastructure, previously known as Sanchez Midstream Partners (SNMP).

Portfolio Pulse from Benzinga Newsdesk

August 01, 2023 | 3:10 pm

Evolve Transition Infrastructure LP's (AMEX:SNMP) common units surged after the NYSE American lifted the trading suspension on the stock. The company's delisting determination was withdrawn and trading resumed on July 31. However, delisting proceedings may be enacted again if the company does not comply with the continued listing standards by June 6 next year. The stock recently initiated a 1-for-30 reverse split.

Portfolio Pulse from Ryan Gustafson

July 31, 2023 | 7:48 pm

Trading of Evolve Transition Infrastructure LP Common Units has resumed.

Portfolio Pulse from Happy Mohamed

July 31, 2023 | 4:10 pm

Evolve Transition Infrastructure LP's common units were halted on a circuit breaker due to a significant increase in price, now up by 205.8%.

Portfolio Pulse from Happy Mohamed

July 31, 2023 | 4:05 pm

Trading of Evolve Transition Infrastructure LP Common Units has resumed.

Portfolio Pulse from Happy Mohamed

July 31, 2023 | 4:01 pm

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