Summit Midstream Partners, LP (SMLP)
Market Cap | 289.84M |
Revenue (ttm) | 458.90M |
Net Income (ttm) | -63.09M |
Shares Out | 10.42M |
EPS (ttm) | -6.11 |
PE Ratio | n/a |
Forward PE | 5.44 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 8,601 |
Open | 28.35 |
Previous Close | 28.23 |
Day's Range | 27.60 - 28.35 |
52-Week Range | 13.00 - 29.18 |
Beta | 2.41 |
Analysts | n/a |
Price Target | n/a |
Earnings Date | May 3, 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]
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 StatementsNews
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...
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 ...
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 ...
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.
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"...
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...
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...
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 ...
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...
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...
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...
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...
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...
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 ...
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...
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 ...
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...
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...
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...
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:...
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...
Summit Midstream Partners, LP Reports Third Quarter 2022 Financial and Operating Results
HOUSTON , Nov. 3, 2022 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) ("Summit", "SMLP" or the "Partnership") announced today its financial and operating results for the three months ended...
Summit Midstream Partners, LP Announces Synergistic and Accretive Bolt-on Acquisitions in the DJ Basin
Summit to acquire Outrigger DJ Midstream LLC, and the operating subsidiaries of Sterling Energy Investments LLC, owners of natural gas gathering and processing systems, a crude oil gathering system, f...
Summit Midstream Partners, LP Announces Sale of its Bison Gas Gathering System in North Dakota
HOUSTON , Sept. 19, 2022 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) ("Summit", "SMLP" or the "Partnership") announced today that its wholly owned subsidiary, Summit Midstream Holdings,...
Summit Midstream Partners, LP Announces 2021 K-3 Tax Form Availability
HOUSTON , Sept. 12, 2022 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) announced today that its 2021 Schedule K-3 is available online.