Welcome to our dedicated page for Summit Midstream Partners, LP news (Ticker: SMLP), a resource for investors and traders seeking the latest updates and insights on Summit Midstream Partners, LP stock.
Summit Midstream Partners, LP (SMLP) delivers essential midstream energy infrastructure services across major US unconventional basins. This dedicated news hub provides investors and industry professionals with timely updates on operational developments, financial announcements, and strategic initiatives.
Access verified press releases and news coverage detailing SMLP's natural gas gathering systems, crude oil logistics networks, and produced water management solutions. Our curated collection includes earnings reports, partnership announcements, regulatory filings, and infrastructure expansion updates – all critical for understanding the company's position in competitive energy markets.
Key focus areas mirror SMLP's operational footprint: Appalachian Basin activity, Williston Basin developments, and Denver-Julesburg Basin projects. Track updates on fee-based contract renewals, asset optimization strategies, and environmental stewardship initiatives that shape the company's performance.
Bookmark this page for streamlined access to SMLP's latest announcements. Monitor how the company's strategically located assets and long-term customer agreements contribute to midstream energy reliability across North America's shale formations.
Summit Midstream Partners, LP reported its Q1 2024 financial results, with net income of $132.9 million, adjusted EBITDA of $70.1 million, DCF of $32.5 million, and FCF of $17.2 million. Reduced net leverage ratio to 3.9x, connected 71 wells, and concluded the Double E open season successfully. Pro forma 2024 Adjusted EBITDA guidance of $170-200 million. Sold Northeast assets, revised focus on Rockies and Permian segments, maintaining liquidity and de-leveraging efforts.
FAQ
What is the current stock price of Summit Midstream Partners, LP (SMLP)?
What is the market cap of Summit Midstream Partners, LP (SMLP)?
