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Financial Snapshot

Revenue
TTM
$468.7M
Gross Margin
TTM
68.98%
Net Income
TTM
$79.81M
Current Assets
2024 Q2
Current Liabilities
2024 Q2
Current Ratio
2024 Q2
132.88%
Total Assets
2024 Q2
Total Liabilities
2024 Q2
Book Value
2024 Q2
$952.1M
Cash
2024 Q2
P/E
TTM
5.077
Free Cash Flow
TTM
$65.82M

Stock Price

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Market Cap: $405.18 Million

About Summit Midstream Partners, LP

Summit Midstream Partners LP engages in the business of developing, owning, and operating midstream energy infrastructure assets that are strategically located in unconventional resource basins, primarily shale formations. The company is headquartered in Houston, Texas and currently employs 244 full-time employees. The company went IPO on 2012-09-28. Its segments include Rockies, Permian, Northeast, Piceance and Barnett. The company 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.

Industry: Natural Gas Transmission Peers: Stabilis Solutions Inc Blueknight Energy Partners, L.P. Enterprise Products Partners L.P Green Plains Partners LP Imperial Petroleum Inc Martin Midstream Partners LP NGL Energy Partners LP OVERSEAS SHIPHOLDING GROUP INC USD Partners LP

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