SMLP News and Press, Summit Midstream Partners LP Representing Limited Partner Interests From 07/02/21

Crude oil tallied its sixth straight weekly gain but barely budged today, as the dispute among OPEC+ ministers over plans to further ease production curbs dragged on at the alliance's full meeting today.Negotiations will resume on Monday after today's meeting ended without a deal, with the Un...

The unit price of Summit Midstream Partners remains suppressed with both their common and preferred distributions completely suspended. Thankfully, they saw a solid start to 2021 despite their guidance for the full year indicating a high single-digit decrease versus 2020. The bigg...

onurdongel/E+ via Getty Images Summit Midstream Partners (SMLP) raises guidance for full-year adjusted EBITDA to $225M-$240M from its previous forecast of $210M-$230M, driven by YTD outperformance from wells turned in line, accelerated customer activity and improved cost management. Summ...

Summit Midstream Partners, LP Provides Updated 2021 Financial Guidance - Increasing full year 2021 adjusted EBITDA guidance by $12.5 million, or 5.7% at the midpoint, to a new range of $225 million to $240 million - Maintaining full year 2021 capital expenditure guidance of ...

For the Alerian Midstream Energy Index (AMNA), a broad midstream composite index containing both MLPs and C-Corps, 36 of 37 dividend-paying constituents raised or maintained their payouts sequentially. There were no dividend cuts among constituents of the Alerian MLP Index (AMZ) or Al...

Summit Midstream Partners, LP (SMLP) Q1 2021 Earnings Conference Call May 07, 2021 10:00 AM ET Company Participants Ross Wong - Senior Director of Corporate Development & Finance Heath Deneke - President, Chief Executive Officer & Chairman Marc Stratton - Chief Financial Officer Confe...

Gainers: Core Molding Technologies (CMT) +22%, Yield10 Bioscience (YTEN) +18%, EQT (EQT) +12%, Northern Oil and Gas (NOG) +11%, Summit Midstream Partners (SMLP) +10%.Losers: Centerra Gold (CGAU) -30%, Aemetis (AMTX) -15%, Global Partners (GLP) -10%...

Summit Midstream Partners (SMLP): Q1 GAAP EPS of $0.12 beats by $0.09.Revenue of $99.32M (-5.3% Y/Y) beats by $12.91M.Press Release For further details see: Summit Midstream Partners EPS beats by $0.09, beats on revenue

Summit Midstream Partners, LP Reports First Quarter 2021 Financial and Operating Results - First quarter 2021 net income of $9.0 million, adjusted EBITDA of $60.4 million and Distributable Cash Flow ("DCF") of $46.2 million - First quarter 2021 operating expenses reflect a r...

Summit Midstream Partners is a high-risk investment, however, that doesn't make it a poor investment for shareholders. The company aggressively paid down debt in 2020 and faces 2021 growth from $130 million in FCF and its Double E Pipeline. The company's ability to pay down debt m...