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SMLP News and Press, Summit Midstream Partners LP Representing Limited Partner Interests From 08/06/21

Stock Information

Company Name: Summit Midstream Partners LP Representing Limited Partner Interests
Stock Symbol: SMLP
Market: NYSE
Website: summitmidstream.com

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SMLP - Summit Midstream Partners EPS misses by $2.39, beats on revenue

Summit Midstream Partners (NYSE:SMLP): Q2 GAAP EPS of -$2.91 misses by $2.39. Revenue of $100.04M (+8.7% Y/Y) beats by $13.22M. Heath Deneke, President, Chief Executive Officer and Chairman, commented, "Summit's second quarter financial and operational results far exceeded our original expect...

SMLP - Summit Midstream Partners, LP Reports Second Quarter 2021 Financial and Operating Results

Summit Midstream Partners, LP Reports Second Quarter 2021 Financial and Operating Results -- Second quarter 2021 net loss of $19.7 million, adjusted EBITDA of $62.1 million and Distributable Cash Flow ("DCF") of $46.5 million -- Revolver balance reduced by $40 million in 2Q ...

SMLP - Summit Midstream Partners, LP Announces Agreements to Resolve 2015 Discovery of Produced Water Release

Summit Midstream Partners, LP Announces Agreements to Resolve 2015 Discovery of Produced Water Release PR Newswire HOUSTON , Aug. 5, 2021 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) ("Summit", "SMLP" or the "Partnership") today announced that it ha...

SMLP - Summit Midstream Partners, LP Schedules Second Quarter 2021 Earnings Call

Summit Midstream Partners, LP Schedules Second Quarter 2021 Earnings Call PR Newswire HOUSTON , Aug. 2, 2021 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) (the "Partnership") announced today that it will report operating and financial results for the...

SMLP - Green Plains Partners, Ranger Energy lead energy gainers; Zymergen, ReTo Eco-Solutions among major losers

Gainers: Green Plains Partners (GPP) +16%, Ranger Energy Services (RNGR) +13%, Summit Midstream Partners (SMLP) +10%, IKONICS (IKNX) +10%, Hudson Technologies (HDSN) +8%.Losers: Zymergen (ZY) -10%, ReTo Eco-Solutions (RETO) -7%, Smith-Midland (SMID...

SMLP - NGL Energy Partners: Preferred Looking Highly Overvalued

Post suspension of the common and preferred distributions, NGL Energy Partners preferreds have substantially outperformed the common oddly enough. No real reason for that in my opinion, particularly given there has not been much positive news flow for its operating base. With no p...

SMLP - Corvus Gold, Middlesex Water lead energy gainers; Gatos Silver, Origin Agritech among major losers

Gainers: Corvus Gold (KOR) +19%, Middlesex Water (MSEX) +15%, Summit Midstream Partners (SMLP) +9%, Ranger Energy Services (RNGR) +8%, Eco Wave Power Global (WAVE) +5%.Losers: Gatos Silver (GATO) -22%, Origin Agritech (SEED) -18%, Ma...

SMLP - This week's top winners and losers in energy, natural resources

Crude oil climbed higher today but could not fully erase a loss for the week that was sparked by OPEC's failure to reach a production agreement and worries over the spread of the delta variant of the coronavirus that could hurt energy demand.August WTI (CL1:COM) closed today's session +2...

SMLP - Summit Midstream Partners: A Wager On The Credit Markets' Appetite For Risk

Summit Midstream Partners, LP is trying to roll over debt in the amount of 4.34x 2021 EBITDA, with most of that debt due in March 2022. If Summit rolls over its 2022 maturities at rates analogous to recent debt issuances by other oil and gas companies, there could be significant upsid...

SMLP - Oil market still awaiting OPEC+ production decision; talks to resume Monday

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...

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