Summit Midstream Partners, LP Common Limited Partner Interests (SMLP): Price and Financial Metrics


Summit Midstream Partners, LP Common Limited Partner Interests (SMLP)

Today's Latest Price: $0.70 USD

0.04 (-4.81%)

Updated Oct 30 7:00pm

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Overall POWR Rating


POWR Components:

 Trade Grade  Buy & Hold Grade  Peer Grade  Industry Rank


Industry Rank:

Ranked of 56 in MLPs - Oil & Gas

See all "A" rated Strong Buy stocks

SMLP Stock Summary

  • SMLP's one year PEG ratio, measuring expected growth in earnings next year relative to current common stock price is 0.05 -- higher than just 1.9% of US-listed equities with positive expected earnings growth.
  • Price to trailing twelve month operating cash flow for SMLP is currently 0.2, higher than just 2.29% of US stocks with positive operating cash flow.
  • With a price/sales ratio of 0.09, Summit Midstream Partners LP has a higher such ratio than just 3.08% of stocks in our set.
  • Stocks with similar financial metrics, market capitalization, and price volatility to Summit Midstream Partners LP are DOC, ELS, SALT, SLG, and NXST.
  • Visit SMLP's SEC page to see the company's official filings. To visit the company's web site, go to www.summitmidstream.com.

SMLP Stock Price Chart Interactive Chart >

Price chart for SMLP

SMLP Price/Volume Stats

Current price $0.70 52-week high $5.30
Prev. close $0.73 52-week low $0.50
Day low $0.67 Volume 666,398
Day high $0.73 Avg. volume 619,494
50-day MA $0.75 Dividend yield N/A
200-day MA $1.19 Market Cap 38.84M

Summit Midstream Partners, LP Common Limited Partner Interests (SMLP) Company Bio


Summit Midstream Partners LP focuses on owning, developing, and operating midstream energy infrastructure assets primarily shale formations, in North America. The company provides natural gas gathering, treating, and processing services. The company was founded in 2009 and is based in The Woodlands, Texas.

SMLP Price Forecast Based on DCF Valuation

Current PriceDCF Fair Value Target: Forecasted Gain:
$0.70$8.45 1012%

We started the process of determining a valid price forecast for Summit Midstream Partners LP with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Summit Midstream Partners LP ranked in the 85th percentile in terms of potential gain offered. More precisely, our analysis suggests the stock is undervalued by approximately 1017.5% on a DCF basis. The most interesting components of our discounted cash flow analysis for Summit Midstream Partners LP ended up being:

  • 2% of the company's capital comes from equity, which is greater than only 1.24% of stocks in our cash flow based forecasting set.
  • Summit Midstream Partners LP's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -2.39. This coverage rate is greater than that of merely 15.97% of stocks we're observing for the purpose of forecasting via discounted cash flows.
  • The weighted average cost of capital for the company is 18. This value is greater than 96.07% stocks in the Energy sector that generate free cash flow.


Terminal Growth Rate in Free Cash FlowReturn Relative to Current Share Price
0%990%
1%1001%
2%1012%
3%1023%
4%1034%
5%1045%

For other companies in the Energy that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as SMLP, try NINE, MRC, GEL, TOT, and BKEP.


SMLP Latest News Stream


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Latest SMLP News From Around the Web

Below are the latest news stories about Summit Midstream Partners LP that investors may wish to consider to help them evaluate SMLP as an investment opportunity.

Summit Midstream's unit announces loan restructuring transaction

Summit Midstream Partners ([[SMLP]] -0.5%) has reported that an ad hoc group of lenders have agreed to a consensual term loan restructuring transaction with its SMP Holdings unit, resulting in lenders waiving their rights to claims against SMP Holdings, including a release of the non-economic GP Interest in Summit Midstream Partners from...

Seeking Alpha | September 30, 2020

Summit Midstream Partners, LP Announces Transaction Support Agreement with Ad Hoc Group to SMP Holdings' Term Loan and Plan for Settlement of DPPO

HOUSTON, Sept. 29, 2020 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) announced today that its wholly owned, indirect subsidiary, Summit Midstream Partners Holdings, LLC ("SMP Holdings"), has entered into a Transaction Support Agreement ("TSA") with an ad hoc group of SMP…

PR Newswire | September 29, 2020

Summit Midstream Partners, LP Announces Expiration and Final Results of the Tender Offers for Outstanding 2025 and 2022 Senior Notes

HOUSTON, Sept. 23, 2020 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) (the "Partnership" or "SMLP") announced today the expiration and final results of its previously announced cash tender offers (the "Tender Offers") by its subsidiaries, Summit Midstream Holdings, LLC and…

PR Newswire | September 23, 2020

Summit Midstream Partners: The Prospects Of A Lost Decade Even If They Survive

Introduction The Master Limited Partnership area of the market has seen a great deal of pain throughout 2020 as the COVID-19 pandemic inflicted immense broad-ranging damage. This has left Summit Midstream Partners (SMLP) fighting for survival, and if you are interested in their prospects to survive, I would recommend reading...

Daniel Thurecht on Seeking Alpha | September 9, 2020

Summit Midstream Partners, LP Announces Tender Offers for Outstanding 2025 and 2022 Senior Notes

HOUSTON, Aug. 25, 2020 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) (the "Partnership" or "SMLP") announced today that its subsidiaries, Summit Midstream Holdings, LLC and Summit Midstream Finance Corp. (collectively, the "Issuers"), have commenced cash tender offers (the…

PR Newswire | August 25, 2020

Read More 'SMLP' Stories Here

SMLP Price Returns

1-mo 9.99%
3-mo -12.50%
6-mo -25.91%
1-year -84.39%
3-year -95.06%
5-year -93.47%
YTD -78.01%
2019 -60.90%
2018 -43.77%
2017 -9.67%
2016 50.44%
2015 -46.65%

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