Summit Midstream Partners LP (SMLP)
| Market Cap | 233.85M |
| Revenue (ttm) | 385.92M |
| Net Income (ttm) | 197.25M |
| Shares Out | 6.66M |
| EPS (ttm) | 36.89 |
| PE Ratio | 0.94 |
| Forward PE | 4.32 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 14,706 |
| Open | 35.10 |
| Previous Close | 35.10 |
| Day's Range | 34.09 - 35.50 |
| 52-Week Range | 9.63 - 46.64 |
| Beta | 3.23 |
| Analysts | Sell |
| Price Target | 27.00 (-22.1%) |
| Est. Earnings Date | Nov 5, 2021 |
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 services. Its unconventional resource basins include the Utica and Point Pleasant shale formations in southeastern Ohio; the Williston Basin that consists of the Bakken and Three Forks shale formations in northwestern North Dakota; t...
Financial Performance
Financial StatementsAnalyst Forecast
According to 5 analysts, the average rating for SMLP stock is "Sell." The 12-month stock price forecast is 27.00, which is a decrease of -22.12% from the latest price.
News
Summit Midstream Partners, LP Announces Pricing of Private Offering of $700 Million Senior Secured Second Lien Notes
HOUSTON, Oct. 19, 2021 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) (the "Partnership") announced today that Summit Midstream Holdings, LLC, a Delaware limited liability company ("Summit H...
Summit Midstream Partners, LP Announces Private Offering of $700 Million Senior Secured Second Lien Notes and Conditi...
HOUSTON, Oct. 13, 2021 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) (the "Partnership") announced today that, subject to market and other conditions, Summit Midstream Holdings, LLC, a Dela...
Why Fast-paced Mover Summit Midstream Partners, LP (SMLP) Is a Great Choice for Value Investors
Summit Midstream Partners, LP (SMLP) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently ...
Summit Midstream Partners (SMLP) Sees Hammer Chart Pattern: Time to Buy?
Summit Midstream Partners (SMLP) has been struggling lately, but the selling pressure may be coming to an end soon.
Summit Midstream Partners, LP Reports Second Quarter 2021 Financial and Operating Results
HOUSTON, Aug. 6, 2021 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) ("Summit", "SMLP" or the "Partnership") announced today its financial and operating results for the three months ended Ju...
Summit Midstream Partners, LP Announces Agreements to Resolve 2015 Discovery of Produced Water Release
HOUSTON, Aug. 5, 2021 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) ("Summit", "SMLP" or the "Partnership") today announced that it has entered into criminal and civil agreements to resolve...
Summit Midstream Partners, LP Schedules Second Quarter 2021 Earnings Call
HOUSTON, Aug. 2, 2021 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) (the "Partnership") announced today that it will report operating and financial results for the second quarter of 2021 on...
Top Ranked Momentum Stocks to Buy for July 29th
SMLP, TFII, SAH, and CBRE made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on July 29, 2021.
4 Oil Pipeline Stocks to Gain on Recovering Midstream Asset Demand
Demand for pipeline and storage assets is recovering on rising production volumes of commodities. This is brightening up the outlook for the Zacks Oil and Gas - Pipeline MLP industry, putting the spotli...
Despite Fast-paced Momentum, Summit Midstream Partners, LP (SMLP) Is Still a Bargain Stock
Summit Midstream Partners, LP (SMLP) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the se...
Summit Midstream Partners, LP (SMLP) Surges 9.6%: Is This an Indication of Further Gains?
Summit Midstream Partners, LP (SMLP) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further s...
Summit Midstream Partners, LP Provides Updated 2021 Financial Guidance
HOUSTON, June 21, 2021 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) ("Summit", "SMLP" or the "Partnership") today announced an increase to its full year 2021 financial guidance, including ...
Summit Midstream Partners, LP (SMLP) Upgraded to Buy: What Does It Mean for the Stock?
Summit Midstream Partners, LP (SMLP) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Summit Midstream Partners, LP (SMLP) Is Attractively Priced Despite Fast-paced Momentum
Summit Midstream Partners, LP (SMLP) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently ...
Summit Midstream Partners, LP Reports First Quarter 2021 Financial and Operating Results
HOUSTON, May 7, 2021 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) ("Summit", "SMLP" or the "Partnership") announced today its financial and operating results for the three months ended Mar...
Summit Midstream Partners, LP Announces Final Results of Series A Preferred Unit Exchange Offer
HOUSTON, April 15, 2021 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) (the "Partnership") announced today the final results of its offer to exchange (the "Exchange Offer") its 9.50% Series ...
Summit Midstream Partners, LP Schedules First Quarter 2021 Earnings Call
HOUSTON, April 14, 2021 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) (the "Partnership") announced today that it will report operating and financial results for the first quarter of 2021 o...
Summit Midstream Partners, LP Announces Preliminary Results of Series A Preferred Unit Exchange Offer
HOUSTON, April 14, 2021 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) (the "Partnership") announced today preliminary results regarding its offer to exchange (the "Exchange Offer") its 9.50...
Summit Midstream Partners, LP Announces Extension of Expiration Date in Series A Preferred Unit Exchange Offer
HOUSTON, April 7, 2021 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) (the "Partnership") announced today that it has amended its offer to exchange (the "Exchange Offer") its 9.50% Series A ...
Summit Midstream Partners, LP Announces Amendment to Series A Preferred Unit Exchange Offer
HOUSTON, March 23, 2021 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) (the "Partnership") announced today that it has amended its offer to exchange (the "Exchange Offer") its 9.50% Series A...
Summit Midstream Partners, LP Announces 2020 K-1 Tax Package Availability
HOUSTON, March 16, 2021 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) announced today that its 2020 tax packages, including the Schedule K-1, are now available online and may be accessed at...
Summit Midstream Partners, LP Announces Series A Preferred Unit Exchange Offer
HOUSTON, March 10, 2021 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) (the "Partnership") announced today that it has commenced an offer to exchange (the "Exchange Offer") its 9.50% Series ...
Summit Midstream Partners, LP Files 2020 Annual Report on Form 10-K
HOUSTON, March 9, 2021 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) announced today that it has filed its 2020 Annual Report on Form 10-K with the Securities and Exchange Commission. This ...
Summit Midstream Partners, LP Announces Closing of Financing for the Double E Pipeline Project
HOUSTON, March 8, 2021 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) announced today that its wholly-owned, indirect subsidiary, Summit Permian Transmission, LLC, has closed on its previous...
Summit Midstream Partners, LP Reports Fourth Quarter 2020 Financial and Operating Results and Confirms 2021 Financial...
HOUSTON, March 4, 2021 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) ("Summit", "SMLP" or the "Partnership") announced today its financial and operating results for the three months ended D...