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Summit Midstream Partners, LP - $SMLP STOCK NEWS

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.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Summit Midstream Partners, LP's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

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Rhea-AI Summary
Summit Midstream Partners, LP (SMLP) reported net income of $3.9 million and adjusted EBITDA of $72.8 million for Q3 2023. They connected 77 wells during the quarter and are on track to connect around 300 wells by the end of 2023. They also announced a 15-year contract extension and the construction of a compression project. The company is conducting a strategic alternatives review to maximize unitholder value.
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-0.2%
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Summit Midstream Partners announces operational update and strategic alternatives review
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26.96%
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Summit Midstream Partners, LP (SMLP) announced its Q2 2023 financial results, with a net loss of $13.5 million, adjusted EBITDA of $58.6 million, and DCF of $24.4 million. They connected 89 wells, expecting 300 for 2023. Revised 2023 Adjusted EBITDA guidance to $260-280 million.
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-9.62%
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Texas Pacific Land Corporation (TPL) announced its slate of director nominees for election to the Company’s board of directors at the 2023 Annual Meeting. TPL will nominate two new independent directors, Marguerite Woung-Chapman and Robert Roosa, in addition to current director, Murray Stahl. David E. Barry and John R. Norris III will retire from the Board at the 2023 Annual Meeting. TPL has entered into a Cooperation Agreement with Horizon Kinetics and SoftVest.
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Summit Midstream Partners, LP (NYSE: SMLP) to Report Q2 2023 Operating and Financial Results on August 9, 2023, and Host Earnings Conference Call on August 10, 2023
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0.51%
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10.14%
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-0.76%
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Summit Midstream Partners, LP

NYSE:SMLP

SMLP Rankings

SMLP Stock Data

354.56M
8.98M
13.76%
44.75%
0.63%
Pipeline Transportation of Natural Gas
Transportation and Warehousing
Link
United States of America
HOUSTON

About SMLP

summit midstream partners, lp (nyse: smlp) is a growth-oriented master limited partnership focused on developing, owning and operating midstream energy infrastructure assets that are strategically located in the core producing areas of unconventional resource basins, primarily shale formations, in the continental united states. smlp currently provides natural gas, crude oil and produced water gathering services pursuant to primarily long-term and fee-based gathering and processing agreements with our customers and counterparties in five unconventional resource basins: • the appalachian basin, which includes the marcellus and utica shale formations in west virginia and ohio • the williston basin, which includes the bakken and three forks shale formations in north dakota • the fort worth basin, which includes the barnett shale formation in texas • the piceance basin, which includes the mesaverde formation as well as the mancos and niobrara shale formations in colorado and utah • the denv