Summit Midstream Partners LP (SMLP)
Stock Price:
$0.950 USD
0.025 (2.70%)
Updated Aug 7, 2020 4:00 PM EDT - Market closed
After-hours: $0.953 +0.003 (0.34%) Aug 7, 7:00 PM
Key Info
| Market Cap |
89.83M |
| Revenue (ttm) |
418.09M |
| Net Income (ttm) |
-327.61M |
| Shares Out |
94.56M |
| EPS (ttm) |
-4.12 |
| PE Ratio |
n/a |
| Forward PE |
3.38 |
| Dividend |
$0.50 |
| Dividend Yield |
52.63% |
Stock Quote
| Trading Day |
Aug 7, 2020 |
| Last Price |
$0.950 |
| Previous Close |
$0.925 |
| Change ($) |
0.025 |
| Change (%) |
2.70% |
| Day's Open |
0.956 |
| Day's Range |
0.914 - 0.960 |
| Day's Volume |
1,703,398 |
| 52-Week Range |
0.500 - 6.860 |
More Stats
| Market Cap |
89.83M |
| Enterprise Value |
1.51B |
| Earnings Date (est) |
Oct 29, 2020 |
| Ex-Dividend Date |
n/a |
| Shares Outstanding |
94.56M |
| Float |
41.56M |
| EPS (basic) |
-4.31 |
| EPS (diluted) |
-4.12 |
| FCF / Share |
0.68 |
| Dividend |
$0.50 |
| Dividend Yield |
52.63% |
| Earnings Yield |
n/a |
| FCF Yield |
70.76% |
| Payout Ratio |
n/a |
| Shares Short |
1.46M |
| Short Ratio |
3.11 |
| Short % of Float |
5.13% |
| Beta |
3.30 |
| PE Ratio |
n/a |
| Forward PE |
3.38 |
| P/FCF Ratio |
1.41 |
| PS Ratio |
0.21 |
| PB Ratio |
0.11 |
| Revenue |
418.09M |
| Operating Income |
80.62M |
| Net Income |
-327.61M |
| Free Cash Flow |
63.57M |
| Net Cash |
-1.42B |
| Net Cash / Share |
-15.02 |
| Gross Margin |
67.86% |
| Operating Margin |
19.28% |
| Profit Margin |
-85.60% |
| FCF Margin |
15.20% |
| ROA |
2.81% |
| ROE |
-33.44% |
| ROIC |
-6.80% |
Stats based on trailing-twelve-month (ttm) numbers.
Analyst Summary
Analyst Ratings (5)
| Buy |
0 |
| Overweight |
0 |
| Hold |
2 |
| Underweight |
0 |
| Sell |
3 |
Analyst Consensus: Underweight
Price Target
$0.70*
(-26.32% downside)
Low
0.0
Current: $0.950
High
1.0
Target: 0.70
*Average 12-month price target from 5 stock analysts.
Financial Performance
Financial numbers in millions USD.
Financial Overview
| Year | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|
| Revenue | 444 | 507 | 489 | 402 | 401 | 387 | 324 | 174 | 104 | 31.68 |
| Revenue Growth | -12.46% | 3.66% | 21.47% | 0.45% | 3.46% | 19.61% | 85.58% | 68.44% | 226.91% | - |
| Gross Profit | 283 | 302 | 338 | 280 | 274 | 220 | 179 | 117 | 73.70 | 22.17 |
| Operating Income | 41.19 | 135 | -21.84 | 112 | -157 | 17.60 | 72.73 | 56.44 | 41.69 | 8.26 |
| Net Income | -370 | 42.18 | 85.69 | -40.92 | -192 | -23.99 | 43.58 | 17.61 | 37.95 | 8.09 |
| Shares Outstanding | 82.37 | 73.30 | 72.71 | 68.26 | 63.63 | 57.72 | 51.36 | 48.82 | - | - |
| Earnings Per Share | -4.84 | 0.06 | 0.98 | -0.71 | -3.20 | -0.49 | 0.86 | 0.35 | - | - |
| EPS Growth | - | -93.88% | - | - | - | - | 145.71% | - | - | - |
| Dividend Per Share | 1.44 | 2.30 | 2.30 | 2.30 | 2.27 | 2.04 | 1.73 | - | - | - |
| Dividend Growth | -37.48% | 0% | 0% | 1.32% | 11.27% | 17.92% | - | - | - | - |
| Operating Cash Flow | 182 | 228 | 238 | 230 | 191 | 153 | 140 | 89.39 | 39.94 | 9.55 |
| Capital Expenditures | -182 | -201 | -124 | -143 | -272 | -343 | -183 | -77.30 | -78.25 | -154 |
| Free Cash Flow | 0.05 | 27.34 | 114 | 87.78 | -80.85 | -190 | -42.51 | 12.10 | -38.31 | -144 |
| Cash & Equivalents | 32.34 | 4.35 | 1.43 | 7.43 | 21.79 | 26.50 | 20.36 | 7.90 | 15.46 | 0.00 |
| Total Debt | 1,470 | 1,258 | 1,051 | 1,240 | 2,030 | 1,193 | 819 | 199 | 350 | - |
| Net Cash / Debt | -1,438 | -1,253 | -1,050 | -1,233 | -2,009 | -1,166 | -798 | -191 | -334 | 0.00 |
| Assets | 2,573 | 3,021 | 2,895 | 3,115 | 3,165 | 2,294 | 1,884 | 1,064 | 1,030 | - |
| Liabilities | 1,782 | 1,799 | 1,505 | 1,946 | 1,417 | 942 | 682 | 244 | 389 | - |
| Book Value | 764 | 1,221 | 1,379 | 1,158 | 1,747 | 1,352 | 1,202 | 819 | 641 | - |
Numbers in millions USD, except per-share numbers.
Company Details
| Full Name |
Summit Midstream Partners LP |
| Country |
United States |
| CEO |
J. Heath Deneke |
Stock Information
| Ticker Symbol |
SMLP |
| Stock Exchange |
New York Stock Exchange |
| Sector |
Energy |
| Industry |
Oil & Gas Midstream |
| Unique Identifier |
NYSE: SMLP |
| IPO Date |
September 28, 2012 |
Description
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 services. Its unconventional resource basins include the Appalachian Basin, which comprise the Utica and Point Pleasant shale formations in southeastern Ohio, and the Marcellus Shale formation in northern West Virginia; the Williston Basin that consists of the Bakken and Three Forks shale formations in northwestern North Dakota; the Denver-Julesburg Basin, which include the Niobrara and Codell shale formations in northeastern Colorado and southeastern Wyoming; the northern Delaware Basin that comprise the Wolfcamp and Bone Spring formations in southeastern New Mexico; the Piceance Basin, which include the Mesaverde formation, and the Mancos and Niobrara shale formations in western Colorado; and the Fort Worth Basin that comprises the Barnett Shale formation in north-central Texas. The company also owns an ownership interest in Ohio Gathering, which owns and operates natural gas gathering and condensate stabilization facility in the Utica Shale in southeastern Ohio. It serves natural gas and crude oil producers. Summit Midstream GP, LLC operates as a general partner of the company. Summit Midstream Partners, LP was founded in 2009 and is headquartered in Houston, Texas.