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home / news releases / SMLP - Summit Midstream Partners: Potential For Strong Performance If It Can Survive

SMLP - Summit Midstream Partners: Potential For Strong Performance If It Can Survive

Summit Midstream Partners LP Representing Limited Partner Interests

2024-03-18 08:06:16 ET

Summary

  • Summit Midstream Partners has a market cap consistently below $200 million and is burdened by rising debt.
  • The company had a strong 2023 with adjusted EBITDA of $75 million and is focused on strategic alternatives for long-term survival.
  • Despite concerns about debt and interest rates, the company's financial picture has improved and it expects continued success in its portfolio.

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For further details see:

Summit Midstream Partners: Potential For Strong Performance, If It Can Survive
Stock Information
Company Name: Summit Midstream Partners LP Representing Limited Partner Interests
Stock Symbol: SMLP
Market: NYSE
Website: summitmidstream.com
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