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
Company profile
Ticker
SNMP
Exchange
Website
CEO
Gerald Willinger
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Constellation Energy Partners LLC, Constellation Energy Resources LLC, Sanchez Midstream Partners LP, Sanchez Production Partners LLC, Sanchez Production Partners LP
SEC CIK
Corporate docs
Subsidiaries
SEP Holdings • Catarina Midstream, LLC • SECO Pipeline, LLC • SNMP Services Inc. ...
IRS number
113742489
SNMP stock data
Latest filings (excl ownership)
15-12G
Securities registration termination
29 Feb 24
EFFECT
Notice of effectiveness
21 Feb 24
EFFECT
Notice of effectiveness
21 Feb 24
SC 13E3/A
Going private transaction (amended)
20 Feb 24
8-K
Departure of Directors or Certain Officers
16 Feb 24
25-NSE
Exchange delisting
16 Feb 24
S-8 POS
Registration of securities for employees (post-effective amendment)
14 Feb 24
S-8 POS
Registration of securities for employees (post-effective amendment)
14 Feb 24
S-8 POS
Registration of securities for employees (post-effective amendment)
14 Feb 24
S-8 POS
Registration of securities for employees (post-effective amendment)
14 Feb 24
Latest ownership filings
4
Charles C Ward
20 Feb 24
4
RICHARD S LANGDON
20 Feb 24
SC 13D/A
Stonepeak Catarina Holdings LLC
11 Jan 24
4
Michael B. Dorrell
10 Jan 24
4
Change in insider ownership
10 Jan 24
3
Initial statement of insider ownership
10 Jan 24
3
Initial statement of insider ownership
10 Jan 24
4
Michael B. Dorrell
2 Nov 23
4
Change in insider ownership
2 Nov 23
4
Michael B. Dorrell
2 Aug 23
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 2.12 mm | 2.12 mm | 2.12 mm | 2.12 mm | 2.12 mm | 2.12 mm |
Cash burn (monthly) | 441.00 k | 58.50 k | 6.52 mm | 5.21 mm | (no burn) | (no burn) |
Cash used (since last report) | 2.63 mm | 348.62 k | 38.87 mm | 31.02 mm | n/a | n/a |
Cash remaining | -506.06 k | 1.77 mm | -36.75 mm | -28.90 mm | n/a | n/a |
Runway (months of cash) | -1.1 | 30.3 | -5.6 | -5.6 | n/a | n/a |
Institutional ownership, Q1 2023
13F holders | Current |
---|---|
Total holders | 3 |
Opened positions | 0 |
Closed positions | 0 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 66.00 mm |
Total shares | 200.46 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Stonepeak Catarina | 200.11 mm | $0.00 |
JPM JPMorgan Chase & Co. | 326.97 k | $66.00 mm |
Integrated Wealth Concepts | 21.25 k | $4.00 k |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
8 Jan 24 | Stonepeak GP | Common Units | Buy | Acquire P | Yes | No | 1.3893 | 1,536,220 | 2.13 mm | 1,536,220 |
8 Jan 24 | Evolve Transition Infrastructure GP | Common Units | Buy | Acquire P | No | No | 1.3893 | 1,536,220 | 2.13 mm | 1,536,220 |
31 Oct 23 | Stonepeak Catarina | Class C Preferred Units | Grant | Acquire A | No | No | 0 | 1,367,531 | 0.00 | 40,439,858 |