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Summit Midstream Partners, LP

SMLP US

SMLP USSummit Midstream Partners, LP

United States Composite

28.16

USD

+0.38

(+1.37%)

-7.00EPS Dil.

-4.02P/E

292.19MMarket Cap

2.25%Div. Yield

Next Earnings

February 22

Ex-Dividend Date

February 6

Dividend Date

November 10

Held by Insiders

3.97%

Held by Institutions

45.49%

Short % of Float

0.33%

YTD Yield

29.72%

3Y Yield

-23.60%

5Y Yield

-84.64%

Capital Structure

FRC

•

in mil. unless spec.

Mar'23

Jun'23

Sep'23

ST Debt

LT Borrowings

1,466

1,475

1,441

LT Finance Leases

- -

Preferred Equity and Hybrid Capital

- -

Shares Outstanding

Market Capitalization

159

169

144

Working Capital

FRC

•

in mil. unless spec.

Mar'23

Jun'23

Sep'23

Total Current Assets

101

Cash, Cash Equivalents & STI

Accounts Receivable, Net

Inventories

- -

Total Current Liabilities

132

110

143

Payables & Accruals

101

ST Debt

Deferred Revenue

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years

5 years

1 year

Sales/Revenue/Turnover

10.01%

-5.10%

-7.73%

Net Income, GAAP

-276.50%

-361.76%

-515.00%

Free Cash Flow

0.00%

-51.43%

Total Cash Common Dividend

-6.34%

-21.42%

95.83%

Total Equity

1.14%

-9.24%

-15.38%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

2021

100

102

401

2022

370

2023

112

121

- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

2021

0.13

-2.91

-0.17

-3.42

-6.57

2022

1.35

-9.53

-1.28

-3.03

-12.71

2023

-1.82

-1.91

-0.27

- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

2021

- -

2022

- -

0.16

0.32

2023

0.16

- -

Company Description

CEO: Mr. J. Heath Deneke
Full Time Employees: 252
Sector: Energy
Industry: Oil & Gas Midstream
Address: 910 Louisiana Street Houston TX United States 77002
Website: www.summitmidstream.com
Business: 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; the Denver-Julesburg Basin, which include the Niobrara and Codell shale formations in Colorado; the Permian Basin that comprise the Bone Spring and Wolfcamp shale formations in New Mexico; the Piceance Basin, which include the Mesaverde formation, and the Mancos and Niobrara shale formations in western Colorado; the Barnett Shale formation in north-central Texas; and the Marcellus Shale formation in northern West Virginia. 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 based in Houston, Texas.

Company Description

CEO: Mr. J. Heath Deneke
Full Time Employees: 252
Sector: Energy
Industry: Oil & Gas Midstream
Address: 910 Louisiana Street Houston TX United States 77002
Website: www.summitmidstream.com
Business: 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; the Denver-Julesburg Basin, which include the Niobrara and Codell shale formations in Colorado; the Permian Basin that comprise the Bone Spring and Wolfcamp shale formations in New Mexico; the Piceance Basin, which include the Mesaverde formation, and the Mancos and Niobrara shale formations in western Colorado; the Barnett Shale formation in north-central Texas; and the Marcellus Shale formation in northern West Virginia. 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 based in Houston, Texas.