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Summit Midstream Partners LP (SMLP)

Stock Price: $15.12 USD -0.08 (-0.53%)
Updated December 2, 4:00 PM EST - Market closed

Stock Price Chart

Key Info

Market Cap 57.08M
Revenue (ttm) 399.31M
Net Income (ttm) -220.64M
Shares Out 51.97M
EPS (ttm) -45.06
PE Ratio n/a
Forward PE 3.38
Dividend $0.50
Dividend Yield 3.31%

Stock Quote

Trading Day December 2
Last Price $15.12
Previous Close $15.20
Change ($) -0.08
Change (%) -0.53%
Day's Open 15.20
Day's Range 14.89 - 15.34
Day's Volume 38,777
52-Week Range 7.50 - 52.09

More Stats

Market Cap 57.08M
Enterprise Value 1.55B
Earnings Date (est) n/a
Ex-Dividend Date n/a
Shares Outstanding 51.97M
Float n/a
EPS (basic) -1.67
EPS (diluted) -45.06
FCF / Share 2.31
Dividend $0.50
Dividend Yield 3.31%
Earnings Yield n/a
FCF Yield 209.86%
Payout Ratio n/a
Shares Short 65,915
Short Ratio 0.64
Short % of Float n/a
Beta 3.24
PE Ratio n/a
Forward PE 3.38
P/FCF Ratio 0.48
PS Ratio 0.14
PB Ratio 0.07
Revenue 399.31M
Operating Income 79.32M
Net Income -220.64M
Free Cash Flow 119.79M
Net Cash -1.50B
Net Cash / Share -396.22
Gross Margin 70.84%
Operating Margin 19.86%
Profit Margin -55.30%
FCF Margin 30.00%
ROA 2.56%
ROE -23.81%
ROIC -4.20%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Forecasts

Analyst Ratings (5)

Buy 0
Overweight 0
Hold 2
Underweight 0
Sell 3

Analyst Consensus: Underweight

Price Target

$11.70*
(-22.62% downside)
Low
7.50
Current: $15.12
High
15.00
Target: 11.70
*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 & Equivalents36.924.351.437.4321.7926.5020.367.9015.46-
Total Debt1,6281,2581,0511,2402,0301,193819199350-
Net Cash / Debt-1,591-1,253-1,050-1,233-2,009-1,166-798-191-334-
Assets2,5743,0212,8953,1153,1652,2941,8841,0641,030-
Liabilities1,7611,7991,5051,9461,417942682244389-
Book Value5991,2211,3791,1581,7471,3521,202819641-
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Summit Midstream Partners LP

Stock Information

Ticker Symbol SMLP
Stock Exchange NYSE
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.