Summit Midstream Partners, LP (SMLP)

NYSE: SMLP · IEX Real-Time Price · USD
34.62
+0.50 (1.45%)
May 15, 2024, 12:02 PM EDT - Market open
1.45%
Market Cap 370.89M
Revenue (ttm) 465.28M
Net Income (ttm) 81.39M
Shares Out 10.65M
EPS (ttm) 7.17
PE Ratio 4.66
Forward PE 5.44
Dividend n/a
Ex-Dividend Date n/a
Volume 12,777
Open 33.19
Previous Close 34.12
Day's Range 33.19 - 34.83
52-Week Range 13.00 - 36.00
Beta 2.37
Analysts n/a
Price Target n/a
Earnings Date May 2, 2024

About SMLP

Summit Midstream Partners, LP focuses on owning, developing, and operating midstream energy infrastructure assets primarily shale formations in the continental United States. The company provides natural gas gathering, compression, treating, and processing services, as well as crude oil and produced water gathering and freshwater delivery services. Its assets include Summit Utica system comprising the Utica and Point Pleasant shale formations in southeastern Ohio; Mountaineer Midstream system that includes the Marcellus shale in the Appalachian... [Read more]

Sector Energy
IPO Date Sep 28, 2012
Employees 244
Stock Exchange NYSE
Ticker Symbol SMLP
Full Company Profile

Financial Performance

In 2023, SMLP's revenue was $458.90 million, an increase of 24.16% compared to the previous year's $369.59 million. Losses were -$63.09 million, -50.58% less than in 2022.

Financial Statements

News

Summit Midstream Partners, LP Announces Asset Sale Offer to Purchase up to $215,000,000 Aggregate Principal Amount of Outstanding 8.500% Senior Secured Second Lien Notes Due 2026

HOUSTON , May 7, 2024 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) ("Summit," "SMLP" or the "Partnership") today announced that Summit Midstream Holdings, LLC ("Holdings") and Summit Mid...

8 days ago - PRNewsWire

Antero Midstream Announces Bolt-On Acquisition, Increased 2024 Guidance and Redemption of 2026 Senior Notes

DENVER , May 2, 2024 /PRNewswire/ -- Antero Midstream Corporation (NYSE: AM) ("Antero Midstream" or the "Company") today announced a bolt-on acquisition of gathering and compression assets in the Marc...

Other symbols: AM
12 days ago - PRNewsWire

Summit Midstream Partners, LP Reports First Quarter 2024 Financial and Operating Results

HOUSTON , May 2, 2024 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) ("Summit", "SMLP" or the "Partnership") announced today its financial and operating results for the three months ended ...

12 days ago - PRNewsWire

Summit Midstream Partners, LP Schedules First Quarter 2024 Earnings Call and Announces Expiration and Results for Excess Cash Flow Offer to Purchase up to $19,331,000 Aggregate Principal Amount of Outstanding 8.500% Senior Secured Second Lien Notes Due 2026

HOUSTON , April 25, 2024 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) ("Summit," "SMLP" or the "Partnership") today announced it will report operating and financial results for the first...

20 days ago - PRNewsWire

Double E Pipeline Announces Open Season for Available Capacity

HOUSTON , April 1, 2024 /PRNewswire/ -- Double E Pipeline, LLC ("Double E") announced today the launch of a non-binding open season ("Open Season") to solicit expressions of interest for firm transpor...

Other symbols: XOM
6 weeks ago - PRNewsWire

Summit Midstream Partners, LP Announces Excess Cash Flow Offer to Purchase up to $19,331,000 Aggregate Principal Amount of Outstanding 8.500% Senior Secured Second Lien Notes Due 2026

HOUSTON , March 27, 2024 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) ("Summit," "SMLP" or the "Partnership") today announced that Summit Midstream Holdings, LLC ("Holdings") and Summit ...

6 weeks ago - PRNewsWire

Summit Midstream Partners, LP Announces 2023 K-1 Tax Package Availability

HOUSTON , March 25, 2024 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) ("Summit", "SMLP" or the "Partnership") announced today that its 2023 tax packages, including the Schedule K-1, are ...

7 weeks ago - PRNewsWire

Summit Midstream Partners to sell Utica assets to MPLX for $625 mln

Pipeline operator Summit Midstream Partners said on Friday it would sell its Utica assets to a unit of midstream energy company MPLX LP for about $625 million in cash.

Other symbols: MPLX
7 weeks ago - Reuters

Summit Midstream Partners, LP Announces Sale of Utica Position for $625 Million

Concludes Strategic Alternatives Process; Plans to Seek Approval from Unitholders to Convert to a C-Corp   HOUSTON , March 22, 2024 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) ("Summit"...

7 weeks ago - PRNewsWire

Summit Midstream Partners, LP Reports Fourth Quarter and Full-Year 2023 Financial and Operating Results, 2024 Guidance and Strategic Alternatives Update

HOUSTON , March 15, 2024 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) ("Summit", "SMLP" or the "Partnership") announced today its financial and operating results for fourth quarter and f...

2 months ago - PRNewsWire

Summit Midstream Partners, LP Schedules Fourth Quarter 2023 Earnings Call

HOUSTON, Feb. 23, 2024 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) ("Summit", "SMLP" or the "Partnership") announced today that it will report operating and financial results for the fo...

2 months ago - PRNewsWire

Summit Midstream Partners, LP Announces Opportunistic Refinancing of its 2025 Unsecured Notes and Amendment to ABL Facility

HOUSTON , Nov. 16, 2023 /PRNewswire/ -- As part of its previously announced strategic alternatives review, Summit Midstream Partners, LP (NYSE: SMLP) ("Summit," "SMLP" or the "Partnership") announces ...

6 months ago - PRNewsWire

Summit Midstream Partners, LP Reports Third Quarter 2023 Financial and Operating Results

HOUSTON , Nov. 3, 2023 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) ("Summit", "SMLP" or the "Partnership") announced today its financial and operating results for the three months ended...

6 months ago - PRNewsWire

Summit Midstream Partners, LP Provides Operational Update, Announces Review of Strategic Alternatives and Schedules Third Quarter 2023 Earnings Call

HOUSTON , Oct. 3, 2023 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) ("Summit", "SMLP" or the "Partnership") announced today an operational update for the third quarter of 2023. In connec...

8 months ago - PRNewsWire

Summit Midstream Partners, LP Reports Second Quarter 2023 Financial and Operating Results

HOUSTON , Aug. 9, 2023 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) ("Summit", "SMLP" or the "Partnership") announced today its financial and operating results for the three months ended...

9 months ago - PRNewsWire

Summit Midstream Partners, LP Schedules Second Quarter 2023 Earnings Call

HOUSTON , July 27, 2023 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) ("Summit", "SMLP" or the "Partnership") announced today that it will report operating and financial results for the s...

10 months ago - PRNewsWire

Summit Midstream Partners, LP Announces 2022 K-3 Tax Form Availability

HOUSTON , July 6, 2023 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) announced today that its 2022 Schedule K-3 is available online. Unitholders requiring this information may access thei...

11 months ago - PRNewsWire

Summit Midstream Partners, LP Reports First Quarter 2023 Financial and Operating Results

HOUSTON , May 5, 2023 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) ("Summit", "SMLP" or the "Partnership") announced today its financial and operating results for the three months ended ...

1 year ago - PRNewsWire

Summit Midstream Partners, LP Schedules First Quarter 2023 Earnings Call

HOUSTON , April 24, 2023 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) ("Summit", "SMLP" or the "Partnership") announced today  that it will report operating and financial results for the...

1 year ago - PRNewsWire

Summit Midstream Partners, LP Announces 2022 K-1 Tax Package Availability

HOUSTON , March 22, 2023 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) ("Summit", "SMLP" or the "Partnership") announced today that its 2022 tax packages, including the Schedule K-1, are ...

1 year ago - PRNewsWire

CLARITER WELCOMES SUMMIT MIDSTREAM PARTNERS TO ITS GROUP OF STRATEGIC INVESTORS, ANNOUNCING COLLABORATION SUPPORTING CLARITER'S FUTURE UNITED STATES ROLL-OUT STRATEGY

LUXEMBOURG CITY, Luxembourg and HOUSTON , March 6, 2023 /PRNewswire/ -- Clariter and Summit Midstream Partners announced today a strategic collaboration in which Summit joins Clariter's range of strat...

1 year ago - PRNewsWire

Summit Midstream Partners, LP Reports Fourth Quarter and Full-Year 2022 Financial and Operating Results & Provides Full-Year 2023 Guidance

HOUSTON , Feb. 24, 2023 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) ("Summit", "SMLP" or the "Partnership") announced today its financial and operating results for fourth quarter and fu...

1 year ago - PRNewsWire

Summit Midstream Partners, LP Schedules Fourth Quarter 2022 Earnings Call

HOUSTON , Feb. 15, 2023 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) ("Summit", "SMLP" or the "Partnership") announced today that it will report operating and financial results for the f...

1 year ago - PRNewsWire

Outrigger Energy II LLC Completes Sale of Its DJ Basin Midstream System and Provides Business Update for Its Williston Basin Midstream System

DENVER--(BUSINESS WIRE)--Outrigger Energy II LLC (“Outrigger”) announced today that it has completed the sale of its midstream system in Weld County, Colorado to Summit Midstream Partners, LP (NYSE:...

1 year ago - Business Wire

Summit Midstream Partners, LP Completes Bolt-on Acquisitions in the DJ Basin

HOUSTON , Dec. 1, 2022 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) ("Summit", "SMLP" or the "Partnership") announced today that its wholly owned subsidiary, Summit Midstream Holdings, L...

1 year ago - PRNewsWire