SMLP - Summit Midstream Attracts Buzz? Strategic Review Enters Critical Phase with High Interest | Benzinga
Summit Midstream Partners, LP (NYSE:SMLP) reported a fourth-quarter FY23 revenue growth of 48.5% to $127.32 million.
Adjusted EBITDA of $75.0 million, was higher than $50.3 million a year ago. EPS loss of $(2.12) was better than $(3.03) a year ago.
Average daily natural gas throughput for its wholly owned operated systems rose 5.0% Q/Q to 1,419 MMcf/d, and liquids volumes fell 4.7% Q/Q to 81 Mbbl/d. OGC natural gas throughput dropped 5.1% Q/Q to 826 MMcf/d.
Combined adjusted EBITDA from Natural gas price-driven ...