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home / news releases / SMLP - Whoops! The Market Forgot About Summit Midstream Partners

SMLP - Whoops! The Market Forgot About Summit Midstream Partners

Summit Midstream Partners LP Representing Limited Partner Interests
  • Summit Midstream Partners has seen its stock price languish back down despite solving its 2022 debt obligations.
  • The company, in our view, should stay away from using preferred equity for capital.
  • The company should focus on aggressively paying down its debt, which will support additional shareholder rewards.
  • The company has the ability to generate substantial market beating returns, but it's going to be an arduous process for investors.

For further details see:

Whoops! The Market Forgot About Summit Midstream Partners
Stock Information
Company Name: Summit Midstream Partners LP Representing Limited Partner Interests
Stock Symbol: SMLP
Market: NYSE
Website: summitmidstream.com
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