Summit Midstream Partners LP (SMLP)
| Market Cap | 168.96M |
| Revenue (ttm) | 396.45M |
| Net Income (ttm) | -157.19M |
| Shares Out | 10.17M |
| EPS (ttm) | -4.20 |
| PE Ratio | n/a |
| Forward PE | 5.44 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 41,181 |
| Open | 16.11 |
| Previous Close | 16.32 |
| Day's Range | 16.02 - 17.28 |
| 52-Week Range | 11.52 - 39.35 |
| Beta | 2.61 |
| Analysts | Sell |
| Price Target | 17.34 (+4.3%) |
| Earnings Date | Aug 4, 2022 |
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... [Read more...]
Financial Performance
Financial StatementsAnalyst Forecast
According to 7 analysts, the average rating for SMLP stock is "Sell." The 12-month stock price forecast is 17.34, which is an increase of 4.33% from the latest price.
News
Summit Midstream Partners, LP Reports Second Quarter 2022 Financial and Operating Results
Second quarter 2022 net loss of $91.8 million, adjusted EBITDA of $50.5 million and cash flow available for distributions ("Distributable Cash Flow" or "DCF") of $25.6 million Adjusted EBITDA was impact...
Summit Midstream Partners, LP Schedules Second Quarter 2022 Earnings Call
HOUSTON , July 21, 2022 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) (the "Partnership", "SMLP" or "Summit") announced today that it will report operating and financial results for the sec...
Will the Housing Market Crash in 2022?
Once you account for the rise in skilled labor and commodity costs, home prices mirror those of 1950. Expect a slow deflation of prices.
Summit Midstream Partners, LP Announces Closing of Lane Gathering and Processing System Sale to a Subsidiary of Matad...
HOUSTON , June 30, 2022 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) ("Summit", "SMLP" or the "Partnership") announced today that its wholly owned subsidiary, Summit Midstream Holdings, LL...
Summit Midstream Partners, LP Announces Sale of its Lane Gathering and Processing System in the Delaware Basin to a S...
Cash sale price of $75 million reduces SMLP's total leverage by ~0.3x and increases its liquidity and financial flexibility for reinvestment Expands Double E's commercial relationship with Matador, a to...
Summit Midstream Partners, LP Announces Adjournment of Annual Meeting and Information for Reconvened Annual Meeting
HOUSTON , May 26, 2022 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) (the "Partnership" or "SMLP") announced today that its 2022 annual meeting of limited partners initially convened and pa...
Summit Midstream Partners, LP Announces Partial Adjournment of Annual Meeting and Information for Reconvened Annual M...
HOUSTON , May 11, 2022 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) (the "Partnership" or "SMLP") announced today that its 2022 annual meeting of limited partners (the "Annual Meeting") sc...
Summit Midstream Partners, LP Reports First Quarter 2022 Financial and Operating Results
First quarter 2022 net loss of $5 thousand, adjusted EBITDA of $56.8 million and cash flow available for distributions ("Distributable Cash Flow" or "DCF") of $31.8 million Generated significant free ca...
My Top Energy Pick for April 2022
If you want to invest in oil, you need to find hidden assets that other energy investors have somehow missed. The post My Top Energy Pick for April 2022 appeared first on InvestorPlace.
Summit Midstream Partners, LP Schedules First Quarter 2022 Earnings Call
HOUSTON , April 19, 2022 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) (the "Partnership", "SMLP" or "Summit") announced today that it will report operating and financial results for the fi...
What Makes Summit Midstream Partners, LP (SMLP) a New Buy Stock
Summit Midstream Partners, LP (SMLP) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Summit Midstream Partners, LP Announces 2021 K-1 Tax Package Availability
HOUSTON , March 14, 2022 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) announced today that its 2021 tax packages, including the Schedule K-1, are now available online and may be accessed a...
Summit Midstream Partners, LP Announces the Appointment of Rommel M. Oates to the Board of Directors of its General P...
HOUSTON, Feb. 28, 2022 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) (the "Partnership") announced today that Rommel M. Oates has been appointed to the Board of Directors of its general par...
Summit Midstream Partners, LP Reports Fourth Quarter and Full Year 2021 Financial and Operating Results & Provides Fu...
HOUSTON, Feb. 25, 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 D...
Summit Midstream Partners, LP Schedules Fourth Quarter 2021 Earnings Call and Announces New Business Segments
HOUSTON, Feb. 16, 2022 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) (the "Partnership", "SMLP" or "Summit") announced today that it will report operating and financial results for the four...
Summit Midstream Partners, LP Announces Senior Leadership Changes
HOUSTON, Feb. 8, 2022 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) (the "Partnership") announced today that Marc Stratton, the Executive Vice President and Chief Financial Officer of Summi...
Summit Midstream Partners, LP Announces Final Results of Series A Preferred Unit Exchange Offer
HOUSTON, Jan. 14, 2022 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) (the "Partnership") announced today the final results of its offer to exchange (the "Exchange Offer") any and all of its...
Summit Midstream Partners, LP Announces Preliminary Results of Series A Preferred Unit Exchange Offer
HOUSTON, Jan. 13, 2022 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) (the "Partnership") announced today the preliminary results of its offer to exchange (the "Exchange Offer") any and all ...
Summit Midstream Partners, LP Provides Update on Series A Preferred Unit Exchange Offer
HOUSTON, Jan. 7, 2022 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) (the "Partnership") announced today updates regarding its offer to exchange (the "Exchange Offer") any and all of its 9.5...
Summit Midstream Partners, LP Announces Series A Preferred Unit Exchange Offer
HOUSTON, Dec. 14, 2021 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) (the "Partnership") announced today that it has commenced an offer to exchange (the "Exchange Offer") any and all of its...
Summit Midstream Partners, LP Announces Commencement of Service on Double E Pipeline
HOUSTON, Texas, Nov. 18, 2021 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) (the "Partnership") announced today that Double E Pipeline, LLC ("Double E"), a joint venture in which SMLP owns ...
Summit Midstream Partners, LP Reports Third Quarter 2021 Financial and Operating Results
HOUSTON, Nov. 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 Se...
Earnings Preview: Summit Midstream Partners
Summit Midstream Partners (NYSE:SMLP) is set to give its latest quarterly earnings report on Thursday, 2021-11-04. Here's what investors need to know before the announcement.