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Ticker
SMLP

Price
-
Stock movement up
+3.30 (9.58%)
Company name
Summit Midstream Partners LP
Exchange
(NYSE
,
Currency
USD
)
Sector
Energy >
Oil & Gas Midstream
Market cap
401.99M
Ent value
1.40B
Price/Sales
0.86
Price/Book
0.41
Div yield
19.87%
Div growth
-6.76%
Growth years
-
FCF payout
12.53%
Trailing P/E
3.72
Forward P/E
-
PEG
-
EPS growth
-
1 year return
176.56%
3 year return
0.96%
5 year return
-12.33%
10 year return
-25.66%
Last updated: 2024-12-17

DIVIDENDS

Dividend yield - 5y

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Dividend yield data
Dividend per share7.50
Dividend yield19.87%
Payout frequencyQuarterly
Maximum yield100.00%
Average yield39.17%
Minimum yield3.79%
Discount to avg yield-97.17%
Upside potential-49.28%
Yield as % of max yield19.87%

Yield distribution (inverse percentile) - 5y

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Yield distribution data
Dividend yield19.87%
Current yield distribution93.17%
Yield at 100% (Min)3.79%
Yield at 90%20.46%
Yield at 80%23.05%
Yield at 50% (Median)40.01%
Yield at 20%50.85%
Yield at 10%57.69%
Yield at 0% (Max)100.00%

Dividend per share

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Dividend per share data
Years of growth-
CCC status-
Dividend per share7.50
Payout frequencyQuarterly
Ex-div date6 Feb 2020
EPS (TTM)9.85
EPS (1y forward)-
EPS growth (5y)-
EPS growth (5y forward)-

Dividend growth

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Dividend growth data
SMLPS&P500
DGR MR-56.52%-13.74%
DGR TTM-57.07%6.60%
DGR 3 years-14.50%5.24%
DGR 5 years-6.76%5.40%
DGR 10 years-7.07%
DGR 15 years-6.12%
Time since last change announced1899 days
EPS growth (5y)-
EPS growth (5y forward)-

Payout ratio

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Payout ratio data
EPS coverageFCF coverage
TTM6.02%12.53%
Average--
Forward--

VALUATION

Valuation Ratios

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Valuation Ratios data
Trailing P/E3.72
Price to OCF3.33
Price to FCF7.74
Price to EBITDA2.69
EV to EBITDA9.38

Valuation (Sales/Book Value)

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Valuation (Sales/Book Value) data
Price to Sales0.86
Price to Book0.41
EV to Sales3.01

FINANCIALS

Per share

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Per share data
Current share count10.65M
EPS (TTM)9.85
FCF per share (TTM)4.73

Income statement

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Income statement data
Revenue (TTM)465.27M
Gross profit (TTM)161.56M
Operating income (TTM)82.13M
Net income (TTM)108.14M
EPS (TTM)9.85
EPS (1y forward)-

Margins

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Margins data
Gross margin (TTM)34.72%
Operating margin (TTM)17.65%
Profit margin (TTM)23.24%

Balance Sheet

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Balance Sheet data
Cash348.04M
Net receivables66.59M
Total current assets420.57M
Goodwill0.00
Intangible assets147.30M
Property, plant and equipment2.24B
Total assets2.32B
Accounts payable18.06M
Short/Current long term debt1.16B
Total current liabilities159.54M
Total liabilities1.35B
Shareholder's equity975.41M
Net tangible assets0.00

Cash flow

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Cash flow data
Operating cash flow (TTM)120.83M
Capital expenditures (TTM)68.86M
Free cash flow (TTM)51.96M
Dividends paid (TTM)6.51M

Financial returns

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Financial returns data
Return on Equity11.09%
Return on Assets4.66%
Return on Invested Capital5.07%
Cash Return on Invested Capital2.44%

STOCK INFORMATION

Downside potential

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Downside potential data
SMLPS&P500
Current price drop from All-time high-95.52%-0.85%
Highest price drop-99.11%-56.47%
Date of highest drop18 Mar 20209 Mar 2009
Avg drop from high-67.21%-11.07%
Avg time to new high34 days12 days
Max time to new high2537 days1805 days
COMPANY DETAILS
SMLP (Summit Midstream Partners LP) company logo
Marketcap
401.99M
Marketcap category
Small-cap
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 and freshwater delivery services. Its assets include Summit Utica system comprising the Utica and Point Pleasant shale formations in southeastern Ohio; Mountaineer Midstream system that includes the Marcellus shale in the Appalachian Basin in West Virginia; Polar and Divide system includes the Bakken and Three Forks shale formations in northwestern North Dakota; Niobrara G&P system, which comprises the Niobrara and Codell shale formations located near Hereford, Colorado. The company's assets also include Double E, a 135 mile interstate natural gas transmission pipeline; Grand River system that gathers natural gas produced from the Mancos and Niobrara shale formations in western Colorado; and DFW Midstream system comprising the Barnett Shale formation located in north-central Texas. In addition, it 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.
Employees
244
Investor relations
-
SEC filings
CEO
J. Heath Deneke
Country
USA
City
Downtown Houston
Stock type
Common stock
CCC status
-
Dividend Frequency
Quarterly
EVENTS AND PRESENTATIONS
EventsPresentations
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UNDERSTAND THE BUSINESS
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COMPANY NEWS
Seeking AlphaPress releases
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