Trade

with

Summit Midstream Partners LP
(NYSE: SMLP)
AdChoices
48.60
+0.80
+1.67%
After Hours :
48.60
0.00
0.00%

Open

47.70

Previous Close

47.80

Volume (Avg)

323.13k (174.28k)

Day's Range

47.56-48.76

52Wk Range

31.82-56.49

Market Cap.

2.81B

Dividend Rate (Yield )

2.08 (4.10%)

Beta

1.24

Shares Outstanding

34.42M

P/E Ratio (EPS)

51.28 (0.93)

AdChoices
Fundamentals
  • Key statistics
  • Growth
  • Profitability
  • Financial health
  • Price ratios
  • Trading statistics
Industry Utilities – Regulated Gas
Highlights
Analyst Recommendation: Buy
    • Revenue

    • 242.81M

    • Net Income

    • 43.64M

    • Market Cap.

    • 2.81B

    • Enterprise Value

    • -

    • Net Profit Margin %

    • 10.80

    • PEG (Price/Earnings Growth) Ratio

    • -

    • Beta

    • 1.24

    • Forward P/E

    • -

    • Price/Sales

    • 5.53

    • Price/Book Value

    • 2.65

    • Price/Cash flow

    • 10.93

      • EBITDA

      • 125.39M

      • Return on Capital %

      • 1.64

      • Return on Equity %

      • 2.80

      • Return on Assets %

      • 1.64

      • Book Value/Share

      • 18.03

      • Shares Outstanding

      • 34.42M

      • Last Split Factor (Date)

      • -

      • Last Dividend (Ex-Date)

      • 0.52 (8/5/2014)

      • Dividend Declaration Date

      • 7/24/2014

      Analyst Recommendation
      10/20/2014
      Buy
        • 1 Year Price Target

        • 50.00

        • Credit Rating

        • -

        • Analysts

        • 1

        • EPS Estimate

        • -

        • Cashflow Estimate

        • -

        Morningstar Consensus estimate data
        • Growth Rate (%)

        • Company

        • Industry

          • Sales (Revenue)

            Q/Q (last year)

          • 13.10

          • 4.60

          • Net Income

            YTD/YTD (last year)

          • 4.60

          • 11.11

          • Net Income

            Q/Q (last year)

          • -54.00

          • 552.14

          • Sales (Revenue)

            5-Year Annual Average

          • -

          • 4.31

          • Net Income

            5-Year Annual Average

          • -

          • -4.65

          • Dividends

            5-Year Annual Average

          • -

          • -0.03

          • Profit Margins (%)

          • Company

          • Industry

            • Gross Margin

            • 84.50

            • 48.09

            • Pre-Tax Margin

            • 12.15

            • 10.79

            • Net Profit Margin

            • 10.80

            • 6.71

            • Average Gross Margin

              5-Year Annual Average

            • -

            • 47.99

            • Average Pre-Tax Margin

              5-Year Annual Average

            • -

            • 9.47

            • Average Net Profit Margin

              5-Year Annual Average

            • -

            • 25.52B

            • Financial Ratios

            • Company

            • Industry

              • Debt/Equity Ratio

              • 0.68

              • 1.23

              • Current Ratio

              • 1.27

              • 0.82

              • Quick Ratio

              • 1.24

              • 0.50

              • Interest Coverage

              • 2.00

              • 3.32

              • Leverage Ratio

              • 1.79

              • 3.79

              • Book Value/Share

              • 18.03

              • 15.72

              • Price Ratios

              • Company

              • Industry

                • Current P/E Ratio

                • 52.08

                • 22.03

                • P/E Ratio 5-Year High

                • 60.59

                • 717.19

                • P/E Ratio 5-Year Low

                • 19.58

                • 147.71

                • Price/Sales Ratio

                • 5.63

                • 1.34

                • Price/Book Value

                • 2.70

                • 2.16

                • Price/Cash Flow Ratio

                • 10.93

                • 8.35

                • Key Metrics

                • Company

                • Industry

                  • Return on Equity %

                    (5-Year Average)

                  • 2.80

                    (-)

                  • 10.83

                    (11.54)

                  • Return on Assets %

                    (5-Year Average)

                  • 1.64

                    (-)

                  • 2.80

                    (2.67)

                  • Return on Capital %

                    (5-Year Average)

                  • 3.59

                    (-)

                  • 4.42

                    (4.39)

                  • Income/Employee

                  • 146.12k

                  • 46.94k

                  • Inventory Turnover

                  • -

                  • 8.15

                  • Asset Turnover

                  • 0.15

                  • 0.42

                  Current Historical
                  Financials
                  • Income Statement
                  • Balance Sheet
                  • Cash Flow
                  Operating Income
                  63.65M
                  Operating Margin
                  26.21
                  Total Equity
                  -
                  Retained Earnings
                  -
                  Free Cashflow
                  -
                  Price/Cashflow
                  10.93
                  Ownership

                  Institutional Ownership

                  -

                  Top 10 Institutions

                  108.65%

                  Mutual Fund Ownership

                  19.99%

                  Float

                  49.30%

                  5% / Insider Ownership

                  0.05%

                  Corporate insiders or major stockholders reporting trading activity in the stock.

                  Top Mutual Fund Owners

                  Top Institutional Owners

                  Mutual Fund Name

                  Institution Name

                  • Mutual Fund Name

                  • Shares Held

                  • % Change

                  • % Outstanding

                  • Goldman Sachs MLP Energy Infras Fd

                  •  

                    2,753,089

                  • 79.78

                  • 4.68

                  • Kayne Anderson MLP

                  •  

                    1,591,000

                  • 55.83

                  • 2.70

                  • Oppenheimer SteelPath MLP Select 40

                  •  

                    1,392,326

                  • 7.74

                  • 2.37

                  • Oppenheimer SteelPath MLP Alpha Fund

                  •  

                    1,147,279

                  • 0.41

                  • 1.95

                  • Tortoise MLP

                  •  

                    700,700

                  • 112.01

                  • 1.19

                  • Goldman Sachs MLP Income Opps Fund

                  •  

                    650,140

                  • 0.00

                  • 1.11

                  • ClearBridge Energy MLP TR Fund

                  •  

                    619,140

                  • 0.00

                  • 1.05

                  • ClearBridge American Energy MLP Common

                  •  

                    404,000

                  • 0.00

                  • 0.69

                  • Salient MLP & Energy Infrastructure II

                  •  

                    365,897

                  • 5.74

                  • 0.62

                  • Institution Name

                  • Shares Held

                  • % Change

                  • % Outstanding

                  • Summit Midstream Partners LP

                  •  

                    39,101,247

                  • +289.85%

                  • 73.10

                  • Kayne Anderson Capital Advisors LP

                  •  

                    3,052,433

                  • -4.24%

                  • 5.19

                  • Salient Capital Advisors, LLC

                  •  

                    2,680,615

                  • +3.89%

                  • 4.56

                  • OFI SteelPath, Inc.

                  •  

                    2,653,234

                  • +4.49%

                  • 4.51

                  • OppenheimerFunds, Inc.

                  •  

                    2,581,165

                  • +0.02%

                  • 4.39

                  • ClearBridge Advisors, LLC

                  •  

                    1,763,815

                  • +0.14%

                  • 3.00

                  • Neuberger Berman LLC

                  •  

                    1,211,600

                  • -1.17%

                  • 2.06

                  • Eagle Global Advisors, LLC

                  •  

                    1,200,600

                  • -0.87%

                  • 2.04

                  • Harvest Fund Advisors LLC

                  •  

                    1,114,174

                  • +10.15%

                  • 1.89

                  Company Profile

                  Sector

                  Utilities

                  Industry

                  Utilities – Regulated Gas

                  Type

                  Aggressive Growth

                  Style

                  Small Growth

                  Summit Midstream Partners LP, founded in 2009, was incorporated in the State of Delaware. It is a limited partnership focused on owning and operating midstream energy infrastructure that is strategically located in the core producing...more areas of unconventional resource basins, primarily shale formations, in North America. The Company currently provide fee-based natural gas gathering and compression services in two unconventional resource basins: the Piceance Basin, which includes the Mesaverde, Mancos and Niobrara Shale formations in western Colorado; and the Fort Worth Basin, which includes the Barnett Shale formation in north-central Texas. The Company’s customers include some of the largest natural gas producers in North America, such as Encana Corporation, Chesapeake Energy Corporation, TOTAL, S.A....more, Carrizo Oil & Gas, Inc., WPX Energy, Inc., Bill Barrett Corporation, Exxon Mobil Corporation and EOG Resources, Inc. In October 2011, it acquired certain natural gas gathering pipeline, dehydration and compression assets in the Piceance Basin of western Colorado, which it refer to as the Grand River system, from Encana, for $590.2 million. The Grand River system comprises approximately 276 miles of pipeline and 97,500 horsepower of compression and is primarily located in Garfield County, Colorado, natural gas producing county in Colorado. All of the natural gas gathered on the Grand River system is discharged to Enterprise Products Partners L.P.'s pipeline serving its 1.7 Bcf/d processing facility located in Meeker, Colorado. The Grand River system mainly gathers natural gas produced by its customers from the liquids-rich Mesaverde formation within the Piceance Basin. The Mesaverde is a shallow, tight sands geologic formation that producers have targeted with directional drilling activities for several decades. The Grand River system also gathers natural gas produced from its customers' wells targeting the deeper Mancos and Niobrara Shale formations, which have higher initial production rates and lower Btu gas content than Mesaverde wells. In September 2009, it acquired approximately 17 miles of pipeline and 2,500 horsepower of electric-drive compression in north-central Texas, which it refers to as the DFW Midstream system, from Energy Future Holdings and Chesapeake. The DFW Midstream system currently has five primary interconnections with third-party, intrastate pipelines that enable it to connect its customers, directly or indirectly, with the major natural gas market hubs of Waha, Carthage, and Katy in Texas, and Perryville and Henry Hub in Louisiana. The Company’s DFW Midstream system benefits from its location within the primarily urban environment of southeastern Tarrant County, Texas, which resides within the Fort Worth Basin and includes the Barnett Shale formation. The Company is subject to federal anti-market manipulation laws and regulations.lessless

                  Key People

                  Mr. Steven J. Newby

                  CEO/Director/President

                  Matthew S. Harrison

                  CFO/Chief Accounting Officer/Senior VP

                  Mr. Marc Stratton

                  Vice President/Treasurer

                  Mr. Scott A. Rogan

                  Director

                  Jerry L. Peters

                  Director

                  • Summit Midstream Partners LP

                  • 2100 McKinney Avenue

                  • Dallas, TX 75201

                  • USA.Map

                  • Phone: +1 214 242-1955

                  • Fax: -

                  • summitmidstream.com

                  Incorporated

                  2009

                  Employees

                  215

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