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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

Stock Price Chart

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

Year2019201820172016201520142013201220112010
Revenue44450748940240138732417410431.68
Revenue Growth-12.46%3.66%21.47%0.45%3.46%19.61%85.58%68.44%226.91%-
Gross Profit28330233828027422017911773.7022.17
Operating Income41.19135-21.84112-15717.6072.7356.4441.698.26
Net Income-37042.1885.69-40.92-192-23.9943.5817.6137.958.09
Shares Outstanding82.3773.3072.7168.2663.6357.7251.3648.82--
Earnings Per Share-4.840.060.98-0.71-3.20-0.490.860.35--
EPS Growth--93.88%----145.71%---
Dividend Per Share1.442.302.302.302.272.041.73---
Dividend Growth-37.48%0%0%1.32%11.27%17.92%----
Operating Cash Flow18222823823019115314089.3939.949.55
Capital Expenditures-182-201-124-143-272-343-183-77.30-78.25-154
Free Cash Flow0.0527.3411487.78-80.85-190-42.5112.10-38.31-144
Cash & Equivalents32.344.351.437.4321.7926.5020.367.9015.460.00
Total Debt1,4701,2581,0511,2402,0301,193819199350-
Net Cash / Debt-1,438-1,253-1,050-1,233-2,009-1,166-798-191-3340.00
Assets2,5733,0212,8953,1153,1652,2941,8841,0641,030-
Liabilities1,7821,7991,5051,9461,417942682244389-
Book Value7641,2211,3791,1581,7471,3521,202819641-
Numbers in millions USD, except per-share numbers.

Company Profile

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.