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Also traded in: Germany

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 4/10

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GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 3/10

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» SMLP's 10-Y Financials

Financials (Next Earnings Date: 2017-02-23)


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow
Oprt. Cash Flow & Net Income

» Details

Guru Trades

Q1 2016

SMLP Guru Trades in Q1 2016

Jim Simons 36,700 sh (New)
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Q2 2016

SMLP Guru Trades in Q2 2016

Jim Simons 88,900 sh (+142.23%)
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Q3 2016

SMLP Guru Trades in Q3 2016

Jim Simons 71,200 sh (-19.91%)
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Q4 2016

SMLP Guru Trades in Q4 2016

Jim Simons 187,314 sh (+163.08%)
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» Details

Insider Trades

Latest Guru Trades with SMLP

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Business Description

Industry: Oil & Gas - Midstream » Oil & Gas Midstream    NAICS: 486110    SIC: 1389
Compare:NYSE:CPPL, NYSE:NBLX, NYSE:CNNX, NYSE:CEQP, NYSE:EEQ, NYSE:WNRL, NYSE:NSH, OTCPK:GBNXF, NYSE:HEP, NYSE:GLOP, NYSE:RMP, NYSE:PBFX, NYSE:TLP, NYSE:SEMG, NYSE:GLP, NAS:MMLP, NAS:PTXP, NAS:GPP, NYSE:WPT, NYSE:FI » details
Traded in other countries:1SM.Germany,
Summit Midstream Partners LP is engaged in developing, owning and operating midstream energy infrastructure assets that are located in the areas of unconventional resource basins, primarily shale formations, in North America.

Summit Midstream Partners LP was formed in May 2012 in the state of Delaware. On October 3, 2012, it completed its Initial Public Offering. The Company is engaged in developing, owning and operating midstream energy infrastructure assets that are strategically located in the core producing areas of unconventional resource basins, shale formations, in the continental United States. The Company provides natural gas gathering, treating and processing services as well as crude oil and produced water gathering services pursuant to long-term and fee-based agreements with its customers and counterparties. The Company's reportable segments are the Marcellus Shale, which is served by Mountaineer Midstream, the Williston Basin, which is served by Bison Midstream and Polar and Divide, the Barnett Shale, which is served by DFW Midstream and the Piceance Basin, which is served by Grand River. Each of its reportable segments provides midstream services in a specific geographic area. The Company competes with other midstream companies, producers and intrastate and interstate pipelines. It faces competition to gather production drilled outside of its AMIs and attract producer volumes to its gathering systems.

Ratios

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Dividend & Buy Back

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Dividend Yield 9.85
SMLP's Dividend Yield is ranked higher than
79% of the 107 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 6.84 vs. SMLP: 9.85 )
Ranked among companies with meaningful Dividend Yield only.
SMLP' s Dividend Yield Range Over the Past 10 Years
Min: 0  Med: 0 Max: 9.94
Current: 9.85
0
9.94
Forward Dividend Yield 9.94
SMLP's Forward Dividend Yield is ranked higher than
81% of the 112 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 7.27 vs. SMLP: 9.94 )
Ranked among companies with meaningful Forward Dividend Yield only.
N/A
Yield on cost (5-Year) 9.85
SMLP's Yield on cost (5-Year) is ranked higher than
54% of the 112 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 8.97 vs. SMLP: 9.85 )
Ranked among companies with meaningful Yield on cost (5-Year) only.
SMLP' s Yield on cost (5-Year) Range Over the Past 10 Years
Min: 0  Med: 0 Max: 9.94
Current: 9.85
0
9.94

Valuation & Return

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More Statistics

Revenue (TTM) (Mil) $358.5
EPS (TTM) $ -4.33
Beta2.02
Short Percentage of Float0.91%
52-Week Range $11.06 - 26.50
Shares Outstanding (Mil)72.11

Analyst Estimate

Dec16 Dec17
Revenue (Mil $)
EPS ($) -0.59 1.19
EPS w/o NRI ($) -0.59 1.19
EPS Growth Rate
(3Y to 5Y Estimate)
N/A
Dividends Per Share ($) 2.30 2.30
» More Articles for SMLP

Headlines

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More From Other Websites
SUMMIT MIDSTREAM PARTNERS, LP Files SEC form 8-K, Entry into a Material Definitive Agreement Feb 21 2017
SUMMIT MIDSTREAM PARTNERS, LP Files SEC form 8-K, Entry into a Material Definitive Agreement Feb 15 2017
Summit Midstream Partners, LP Announces the Expiration of Tender Offer for Any and All of its 7.50%... Feb 14 2017
Summit Midstream Partners, LP Announces Pricing of Senior Notes Feb 08 2017
SUMMIT MIDSTREAM PARTNERS, LP Files SEC form 8-K, Regulation FD Disclosure Feb 08 2017
Summit Midstream Partners, LP Commences Cash Tender Offer for any and all of its Outstanding 7.50%... Feb 08 2017
Summit Midstream Partners, LP Announces $500 Million Public Offering of Senior Notes Feb 08 2017
SUMMIT MIDSTREAM PARTNERS, LP Files SEC form 8-K, Entry into a Material Definitive Agreement,... Feb 03 2017
Summit Midstream Partners LP breached its 50 day moving average in a Bearish Manner : SMLP-US :... Feb 01 2017
Summit Midstream Partners, LP Announces Pricing of Secondary Public Offering of Common Units by... Jan 30 2017
Summit Midstream Partners, LP Announces Secondary Public Offering of Common Units by Summit... Jan 30 2017
Summit Midstream Partners downgraded by Credit Suisse Jan 27 2017
SUMMIT MIDSTREAM PARTNERS, LP Files SEC form 8-K, Results of Operations and Financial Condition Jan 27 2017
Summit Midstream Partners, LP Announces Fourth Quarter 2016 Distribution, Schedules Fourth Quarter... Jan 26 2017
How Summit Midstream (SMLP) Stock Stands Out in a Strong Industry Jan 12 2017
Summit Midstream Partners, LP to Attend UBS MLP One-on-One Conference Jan 04 2017
What Are Analysts Recommending for Summit Midstream? Dec 30 2016
Are Institutional Investors Bullish on Summit Midstream? Dec 29 2016
Summit Midstream’s Commodity Price Exposure: Key for Investors Dec 29 2016
Does Summit Midstream’s Valuation Indicate a Buying Opportunity? Dec 29 2016

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