News
SMLP
35.48
+4.29%
1.46
Weekly Report: what happened at SMLP last week (0429-0503)?
Weekly Report · 7h ago
Oil adds to week's sharp loss as rollover of OPEC output cuts may meet resistance
Oil adds to week's sharp loss as rollover of OPEC output cuts may meet resistance. Oil prices posted their steepest weekly loss in three months. U.S. Energy Information Administration reported a 7.3M-barrel build in crude stocks. But natural gas posted its first weekly gain in four weeks.
Seeking Alpha · 2d ago
SMLP, TDW among major energy gainers; BOOM, DMLP major losers
On the Move Energy SMLP, TDW among major energy gainers; BOOM, DMLP major losers. S&P 500 Energy Sector -0.54% to 703.33. Oil, Gas & Consumable Fuels contributes 91.3% to the index.
Seeking Alpha · 2d ago
Summit Midstream Partners GAAP EPS of $11.47, revenue of $118.87M
Seeking Alpha · 3d ago
SMLP Stock Earnings: Summit Midstream Partners Reported Results for Q1 2024
Summit Midstream Partners reported earnings per share of $11.47 for the first quarter of 2024. The company reported revenue of $118.87 million. Summit midstream Partners just reported results for the second quarter of 2016. The stock is down 2.7% in the last week.
Investorplace · 3d ago
Summit Midstream Partners GAAP EPS of $11.47, revenue of $118.9M
Summit Midstream Partners reports Q1 GAAP EPS of $11.47, revenue of $118.9M. Revised pro forma 2024 Adjusted EBITDA guidance of $170 million to $200 million. The company is expected to report Q1 results on May 2.
Seeking Alpha · 3d ago
Antero Midstream announces bolt-on acquisition of assets in Marcellus Shale, raises 2024 guidance
Antero Midstream announces bolt-on acquisition of assets in Marcellus Shale, raises 2024 guidance. The company acquired two compressor stations and 48 miles of high pressure gas gathering pipelines for $70M from Summit Midstream Partners LP. The acquisition increases Antero's 2024 guidance by $15M to $455M.
Seeking Alpha · 3d ago
Press Release: Summit Midstream Partners, LP -3-
The Mountaineer Midstream System, within the Marcellus shale, gathers natural gas under a long-term, fee-based contract with Antero Resources Corporation. Summit will host a conference call on May 3, 2024, to discuss its quarterly operating and financial results.
Dow Jones · 3d ago
Antero Midstream Announces A Bolt-On Acquisition Of Gathering And Compression Assets In The Marcellus Shale For $70M; Increases 2024 Adjusted EBITDA And Free Cash Flow Guidance By $15M And $10M, Respectively
Antero Midstream Corporation announced a bolt-on acquisition of gathering and compression assets in the Marcellus Shale for $70 million. The transaction closed on May 1, 2024. The Company also called for redemption all of its outstanding 7.875% Senior Notes due 2026. The acquisition is estimated to be over 5% accretive to Free Cash Flow after dividends through 2027. The company is increasing its 2024 guidance by $15 million and $10 million.
Benzinga · 3d ago
Summit Midstream Partners Q1 Adj $11.47 Up From $(1.82) YoY, Sales $118.87M Up From $112.50M YoY
Summit Midstream Partners reported quarterly earnings of $11.47 per share. The company reported $118.87 million in sales for the quarter. This is a 730.22 percent increase over the same period last year. The firm reported sales of $112.50 million.
Benzinga · 3d ago
*Antero Midstream: Acquisition Estimated to Be Over 5% Accretive to Free Cash Flow After Dividends Through 2027 >AM
Dow Jones · 3d ago
*Antero Midstream Acquires Gathering and Compression Assets in Marcellus Shale for $70 M From Summit Midstream Partners >AM
Dow Jones · 3d ago
*Antero Midstream Increases 2024 Adj EBITDA and Free Cash Flow Guidance by $15 M and $10 M, Respectively >AM
Dow Jones · 3d ago
Press Release: Antero Midstream Announces Bolt-On -2-
This release includes "forward-looking statements" that are subject to a number of risks and uncertainties. Antero Midstream's actual outcomes and results could differ from what is expressed, implied or forecast in such statements. The company's business is subject to many risks, uncertainties and changes in law.
Dow Jones · 3d ago
*Summit Midstream Partners: Revised Pro Forma 2024 Adjusted EBITDA Guidance of $170M to $200M >SMLP
Dow Jones · 3d ago
*Summit Midstream Partners 1Q EPS $11.47 >SMLP
Dow Jones · 3d ago
*Summit Midstream Partners 1Q Rev $118.9M >SMLP
Dow Jones · 3d ago
Summit Midstream Partners, LP Reports First Quarter 2024 Financial and Operating Results
Summit Midstream Partners, LP announces first quarter 2024 results. Reduced net leverage ratio to approximately 3.9x, a dramatic reduction from 5.4x in the fourth quarter of 2023. Sold remaining Northeast assets in West Virginia for approximately $75 million. Connected 71 wells to the Double E Pipeline in the first quarter of 2024.
PR Newswire · 3d ago
*Summit Midstream Partners 1Q Net $132.9M >SMLP
Dow Jones · 3d ago
Notable earnings before Friday's open
Seeking Alpha · 4d ago
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About SMLP
Summit Midstream Partners, LP is a limited partnership focused on development, owning, and operating midstream energy infrastructure assets, primarily shale formations, in the continental United States. Its segments include Rockies, Permian, Northeast, Piceance and Barnett. It provides natural gas, crude oil and produced water gathering, processing and transportation services pursuant to primarily long-term, fee-based agreements with customers and counterparties in five unconventional resource basins: the Appalachian Basin, which includes the Marcellus shale formation in West Virginia; the Williston Basin, which includes the Bakken and Three Forks shale formations in North Dakota; the Denver-Julesburg Basin, which includes the Niobrara and Codell shale formations in Colorado and Wyoming; the Fort Worth Basin, which includes the Barnett Shale formation in Texas; and the Piceance Basin that includes the Mesaverde formation as well as the Mancos and Niobrara shale formations in Colorado.