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XNYSSMC
Market cap404mUSD
Jan 15, Last price  
38.00USD
1D
0.40%
1Q
6.35%
IPO
-2.56%
Name

Summit Midstream Partners LP

Chart & Performance

D1W1MN
XNYS:SMC chart
P/E
P/S
0.88
EPS
Div Yield, %
1.61%
Shrs. gr., 5y
16.06%
Rev. gr., 5y
-1.96%
Revenues
459m
+24.16%
31,676,000103,552,000165,499,000242,806,000330,686,000371,319,000402,362,000488,741,000506,653,000443,528,000383,473,000400,618,000369,594,000458,903,000
Net income
-39m
L-68.45%
8,094,00037,951,00017,614,00043,584,000-23,992,000-192,212,000-38,187,00086,050,00042,183,000-31,982,000192,352,000-27,829,000-123,461,000-38,947,000
CFO
127m
+28.52%
9,553,00039,942,00089,488,000125,957,000147,935,000165,950,000230,495,000237,832,000227,929,000182,337,000198,589,000165,099,00098,744,000126,906,000
Earnings
Mar 13, 2025

Profile

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. The company was founded in 2009 and is headquartered in Houston, Texas.
IPO date
Sep 28, 2012
Employees
252
Domiciled in
US
Incorporated in
US

Valuation

Title
USD in thousands, except ratios and share amounts
FYFYFYFYFYFYFYFYFY
2023‑122022‑122021‑122020‑122019‑122018‑122017‑122016‑122015‑12
Income
Revenues
458,903
24.16%
369,594
-7.74%
Cost of revenue
378,102
324,976
Unusual Expense (Income)
NOPBT
80,801
44,618
NOPBT Margin
17.61%
12.07%
Operating Taxes
322
325
Tax Rate
0.40%
0.73%
NOPAT
80,479
44,293
Net income
(38,947)
-68.45%
(123,461)
343.64%
Dividends
(6,512)
(3,257)
Dividend yield
3.52%
1.94%
Proceeds from repurchase of equity
BB yield
Debt
Debt current
22,191
10,507
Long-term debt
1,472,280
1,490,206
Deferred revenue
30,085
37,694
Other long-term liabilities
23,163
159,708
Net debt
979,492
982,228
Cash flow
Cash from operating activities
126,906
98,744
CAPEX
(68,905)
(30,472)
Cash from investing activities
(74,756)
(226,558)
Cash from financing activities
(49,036)
121,773
FCF
100,892
116,933
Balance
Cash
16,645
11,808
Long term investments
498,334
506,677
Excess cash
492,034
500,005
Stockholders' equity
967,867
(24,826)
Invested Capital
1,863,806
1,702,345
ROIC
4.51%
3.32%
ROCE
3.42%
1.83%
EV
Common stock shares outstanding
10,334
10,048
Price
17.91
7.37%
16.68
-24.86%
Market cap
185,082
10.43%
167,601
11.99%
EV
1,510,771
1,472,324
EBITDA
205,787
164,611
EV/EBITDA
7.34
8.94
Interest
140,784
102,459
Interest/NOPBT
174.24%
229.64%