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Summit Midstream Partners LP (SMLP.N)

SMLP.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Summit Midstream Q1 loss per limited partner unit $0.04
Thursday, 4 May 2017 04:10pm EDT 

May 4 (Reuters) - Summit Midstream Partners Lp ::Summit Midstream Partners Lp reports first quarter 2017 financial results.Summit Midstream Partners Lp - SMLP reaffirms full year 2017 adjusted EBITDA guidance of $295.0 million to $315.0 million.Summit Midstream Partners Lp - qtrly loss per limited partner unit $ 0.04.Summit Midstream Partners Lp - qtrly total revenues $135.8 million versus $90.6 million.Summit Midstream Partners Lp - expects to incur $100.0 million to $150.0 million of capex in 2017.  Full Article

Summit Midstream Partners, general partner, unit enters into an equity distribution agreement
Monday, 27 Feb 2017 05:52pm EST 

Summit Midstream Partners Lp : Summit Midstream Partners LP- co, general partner, unit entered into an equity distribution agreement .Summit Midstream Partners-as per equity distribution agreement, co may offer and sell up to $150 million in aggregate gross sales proceeds of common units.  Full Article

Summit Midstream Partners reports Q4 earnings of $0.16 per unit
Thursday, 23 Feb 2017 04:26pm EST 

Summit Midstream Partners Lp : Reports fourth quarter and full year 2016 financial results and reaffirms 2017 guidance . 2017 adjusted EBITDA guidance of $295.0 million to $315.0 million . Expects to incur $100.0 million to $150.0 million of capex in 2017 . Expect H1 of 2017 to be impacted by slower pace of drilling activity that occurred across many of our systems in late 2016 .Qtrly earnings of $0.16 per unit.  Full Article

Summit Midstream Partners LP announces pricing of senior notes
Wednesday, 8 Feb 2017 05:12pm EST 

Summit Midstream Partners LP : Summit Midstream Partners LP announces pricing of senior notes .Summit Midstream Partners - notes will be issued at par and bear interest at 5.75 pct per annum, payable semi-annually in arrears.  Full Article

Summit Midstream Partners commences cash tender offer
Wednesday, 8 Feb 2017 07:48am EST 

Summit Midstream Partners Lp - : Summit Midstream Partners Lp commences cash tender offer for any and all of its outstanding 7.50% senior notes due 2021 . As of February 7, 2017, there was $300.0 million aggregate principal amount of notes outstanding .Tender offer will expire at 5:00 p.m., New York city time, on February 14, 2017.  Full Article

Summit Midstream announces $500 mln public offering of senior notes
Wednesday, 8 Feb 2017 07:46am EST 

Summit Midstream Partners Lp : Summit Midstream Partners Lp announces $500 million public offering of senior notes . Unit intends to offer $500.0 million in aggregate principal amount of senior unsecured notes due 2025 . Net proceeds from offering to be used to purchase all of smlp's outstanding 7.50% senior notes due 2021 .Remaining net rpoceeds from offering to repay part of indebtedness under smlp's revolving credit facility.  Full Article

Summit Midstream sees 2017 adjusted EBIDTA between $295 mln to $325 mln
Thursday, 26 Jan 2017 07:49pm EST 

Summit Midstream Partners Lp : Says announced 2017 financial guidance with adjusted ebitda expected to range from $295.0 million to $315.0 million. . Says expect first half of 2017 to be impacted by slower pace of drilling activity . Expects to report 2016 adjusted ebitda that is at or above top end of $270.0 million to $290.0 million range .Says expects to incur $100.0 million to $150.0 million of capex in 2017.  Full Article

Summit Midstream sees 2017 adjusted EBIDTA between $295 mln to $325 mln
Thursday, 26 Jan 2017 06:58pm EST 

Summit Midstream Partners Lp : Says announced 2017 financial guidance with adjusted ebitda expected to range from $295.0 million to $315.0 million. . Says expect first half of 2017 to be impacted by slower pace of drilling activity . Expects to report 2016 adjusted ebitda that is at or above top end of $270.0 million to $290.0 million range .Says expects to incur $100.0 million to $150.0 million of capex in 2017.  Full Article

Summit Midstream Partners, LP reports Q3 financial results
Thursday, 3 Nov 2016 05:21pm EDT 

Summit Midstream Partners lp : Summit Midstream Partners LP - Natural gas volume throughput averaged 1,572 million cubic feet per day ("MMcf/d") in Q3 of 2016, an increase of 8.7% . Summit Midstream Partners LP - SMLP is reaffirming its FY capex guidance of $150.0 million to $200.0 million . Summit Midstream Partners LP- Expect full year 2016 adjusted ebitda to be at or above top end of $270.0 million to $290.0 million guidance range . Summit Midstream Partners LP - SMLP expects to report an average full year 2016 distribution coverage ratio of 1.20x to 1.25x . Summit Midstream Partners LP- Qtrly total revenue$95.07 million versus $115.20 million . Q3 revenue view $101.1 million -- Thomson Reuters I/B/E/S .Summit Midstream Partners, LP reports third quarter 2016 financial results.  Full Article

Summit Midstream Partners says public offering of 5.50 mln common units priced at $23.20 per unit
Tuesday, 6 Sep 2016 08:36pm EDT 

Summit Midstream Partners Lp : Says public offering of 5.50 million common units (not shares) priced at $23.20 per unit .Summit Midstream Partners, LP announces pricing of public offering of common units.  Full Article

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BRIEF-Summit Midstream Q1 loss per limited partner unit $0.04

* Summit Midstream Partners Lp reports first quarter 2017 financial results