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Summit Midstream Partners LP (SMLP.N)

SMLP.N on New York Stock Exchange

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$0.20 (+0.88%)
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$22.85
Open
$22.90
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$23.10
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$22.90
Volume
7,309
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$26.50
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Latest Key Developments (Source: Significant Developments)

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

Summit Midstream announces public offering of common units
Tuesday, 6 Sep 2016 04:07pm EDT 

Summit Midstream Partners Lp : Summit Midstream Partners, Lp announces public offering of common units . Summit Midstream Partners Lp says has commenced an underwritten public offering of 5.5 million common units .SMLP intends to use net proceeds from this offering to repay borrowings under its revolving credit facility..  Full Article

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BRIEF-Summit Midstream Partners, general partner, unit enters into an equity distribution agreement

* Summit Midstream Partners LP- co, general partner, unit entered into an equity distribution agreement