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

SMLP POWR Grades

• Momentum is the dimension where SMLP ranks best; there it ranks ahead of 92.84% of US stocks.
• The strongest trend for SMLP is in Growth, which has been heading up over the past 177 days.
• SMLP's current lowest rank is in the Quality metric (where it is better than 49.7% of US stocks).

SMLP Stock Summary

• The price/operating cash flow metric for SUMMIT MIDSTREAM PARTNERS LP is higher than merely 5.65% of stocks in our set with a positive cash flow.
• Over the past twelve months, SMLP has reported earnings growth of -309.82%, putting it ahead of just 4.25% of US stocks in our set.
• SUMMIT MIDSTREAM PARTNERS LP's shareholder yield -- a measure of how much capital is returned to stockholders via dividends and buybacks -- is -132.57%, greater than the shareholder yield of merely 3.66% of stocks in our set.
• Stocks that are quantitatively similar to SMLP, based on their financial statements, market capitalization, and price volatility, are GTN, SOHO, GLPI, NHI, and PGRE.
• SMLP's SEC filings can be seen here. And to visit SUMMIT MIDSTREAM PARTNERS LP's official web site, go to www.summitmidstream.com.

SMLP Valuation Summary

• SMLP's price/earnings ratio is -2.8; this is 131.82% lower than that of the median Energy stock.
• SMLP's price/sales ratio has moved down 9.5 over the prior 136 months.

Below are key valuation metrics over time for SMLP.

SMLP Growth Metrics

The 5 year cash and equivalents growth rate now stands at 1041.62%.
• Its 3 year cash and equivalents growth rate is now at 135.47%.
• Its 4 year revenue growth rate is now at -6.83%.

Over the past 49 months, SMLP's revenue has gone down $116,096,000.

The table below shows SMLP's growth in key financial areas (numbers in millions of US dollars).

Date	Revenue	Operating Cash Flow	Net Income to Common Stock
2022-09-30	383.085	134.173	-169.053
2022-06-30	396.448	139.041	-157.19
2022-03-31	397.426	159.715	-79.684
2021-12-31	400.618	165.099	-44.288
2021-09-30	397.814	179.513	129.288
2021-06-30	385.922	179.435	197.248

SMLP's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.

• SMLP has a Quality Grade of C, ranking ahead of 70.63% of graded US stocks.
• SMLP's asset turnover comes in at 0.154 -- ranking 83rd of 105 Utilities stocks.
• AROC, AGR, and DCP are the stocks whose asset turnover ratios are most correlated with SMLP.

The table below shows SMLP's key quality metrics over time.