SMLP News and Press, Summit Midstream Partners LP Representing Limited Partner Interests From 03/04/21

Summit Midstream Partners, LP Reports Fourth Quarter 2020 Financial and Operating Results and Confirms 2021 Financial Guidance - Fourth quarter 2020 net income of $103.0 million, adjusted EBITDA of $61.8 million and Distributable Cash Flow ("DCF") of $44.8 million - Reiterat...

Summit Midstream Partners, LP Reschedules its Fourth Quarter 2020 Earnings Release and Conference Call PR Newswire HOUSTON , Feb. 25, 2021 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) ("Summit," "SMLP," or the "Partnership") announced today it ...

Summit Midstream Partners, LP Provides Preliminary Fourth Quarter 2020 Results and Full Year 2021 Financial Guidance - Expect fourth quarter 2020 net income of $119 million to $121 million and adjusted EBITDA of $61 million to $63 million, resulting in full year 2020 adjusted EB...

Midstream stocks took some lumps with earnings announcements, but strength in oil prices, energy stocks and the S&P 500 was enough to carry midstream to a strong positive week. Midstream indexes outperformed utilities and infrastructure indexes and are up around 10% year to date a...

Gainers: Summit Midstream Partners  (SMLP) +20%, Yield10 Bioscience (YTEN) +12%, Amplify Energy (AMPY) +12%, Independence Contract Drilling (ICD) +10%, Molecular Data (MKD) +8%.Losers: Peabody Energy (BTU) -16%, Patterson-UTI Energy (PTEN) -10...

Summit Midstream Partners (SMLP) says it has received $175M of commitments from commercial banks to finance the development of its Double E Pipeline Project.The project won approval from the Federal Energy Regulatory Commission just three weeks ago.The 135-mile, 1.35B cf/day pipeline would tr...

Summit Midstream Partners, LP Announces $175 million of Financing Commitments for its Double E Pipeline Project and Schedules Fourth Quarter 2020 Earnings Call PR Newswire HOUSTON , Feb. 2, 2021 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) (the "Par...

Summit Midstream Partners has performed incredibly well recently with spending improvements and its approved Double E Pipeline. The company's management performed incredibly well throughout 2020, however, it still has some massive debt due in 2022. If the company can manage to rol...

Energy stocks, midstream stocks, and MLPs ran back last week's action with another big week. Like last week, it was 4 straight green days followed by a weaker Friday. Oil and NGL prices were positive on the week, which helped, but midstream continues to be helped by the rotation (howe...

Gainers: [[DPW]] +46.3%. [[PFSW]] +39.9%. [[APYX]] +26.7%. [[MAXR]] +7.9%. [[SPCE]] +7.4%.Losers: [[SMLP]] -10.3%. [[VIRC]] -9.5%. [[VOLT]] -7.6%. [[TOUR]] -5.4%. [[HA]] -4.9%. For further details see: DPW, PFSW, APYX and VOLT among after-hours movers