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Summit Midstream Partners, LP (SMLP)

(Delayed Data from NYSE)

$25.75 USD

25.75
103,083

+1.88 (7.88%)

Updated May 7, 2021 04:00 PM ET

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy25.41%
2Buy19.02%
3Hold10.72%
4Sell6.46%
5Strong Sell3.06%
S&P50011.04%

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4-Sell of 5       4  

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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A Value F Growth A Momentum B VGM

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Top 50% (127 out of 254)

Industry: Oil and Gas - Production Pipeline - MLB

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Balance Sheet

Research for SMLP More Info

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

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Fiscal Year End for Summit Midstream Partners, LP falls in the month of December.

All items in Millions except Per Share data.

12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016
Assets          
Cash & Equivalents 16 32 4 1 7
Receivables 62 102 98 72 97
Notes Receivable 0 0 0 0 0
Inventories 0 0 0 0 0
Other Current Assets 5 5 4 4 4
Total Current Assets 82 139 106 78 109
Net Property & Equipment 1,818 1,882 1,964 1,795 1,854
Investments & Advances 393 310 649 690 707
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 0 0 0 0 0
Intangibles 200 232 290 318 438
Deposits & Other Assets 8 10 12 14 7
Total Assets 2,500 2,573 3,021 2,895 3,115
Liabilities & Shareholders Equity 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016
Notes Payable 0 0 0 0 0
Accounts Payable 12 25 39 17 17
Current Portion Long-Term Debt 0 0 0 0 0
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 32 26 37 28 33
Income Taxes Payable 9 8 11 8 11
Other Current Liabilities 15 25 24 15 11
Total Current Liabilities 68 84 110 69 72
Mortgages 0 0 0 0 0
Deferred Taxes/Income 48 39 40 13 57
Convertible Debt 0 0 0 0 0
Long-Term Debt 1,347 1,470 1,258 1,051 1,240
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 23 189 392 372 576
Minority Interest (Liabilities) 90 27 0 0 0
Total Liabilities 1,577 1,810 1,799 1,505 1,946
Shareholders Equity 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016
Preferred Stock 174 294 294 294 0
Common Stock (Par) 748 470 902 1,057 1,129
Capital Surplus 0 0 0 0 0
Retained Earnings 0 0 0 0 0
Other Equity 0 0 25 39 41
Treasury Stock 0 0 0 0 0
Total Shareholder's Equity 923 764 1,221 1,390 1,170
Total Liabilities & Shareholder's Equity 2,500 2,573 3,021 2,895 3,115
Total Common Equity 748 470 928 1,095 1,170
Shares Outstanding 6.10 6.20 4.90 4.90 4.90
Book Value Per Share 122.70 75.79 189.31 223.52 238.71

Fiscal Year End for Summit Midstream Partners, LP falls in the month of December.

All items in Millions except Per Share data.

3/31/2021 12/31/2020 9/30/2020 6/30/2020 3/31/2020
Assets          
Cash & Equivalents NA 16 50 42 72
Receivables NA 62 77 77 84
Notes Receivable NA 0 0 0 0
Inventories NA 0 0 0 0
Other Current Assets NA 5 5 4 4
Total Current Assets NA 82 131 123 160
Net Property & Equipment NA 1,818 1,840 1,856 1,870
Investments & Advances NA 393 389 383 364
Other Non-Current Assets NA 0 0 0 0
Deferred Charges NA 0 0 0 0
Intangibles NA 200 208 216 224
Deposits & Other Assets NA 8 5 9 8
Total Assets NA 2,500 2,573 2,587 2,625
Liabilities & Shareholders Equity 3/31/2021 12/31/2020 9/30/2020 6/30/2020 3/31/2020
Notes Payable NA 0 0 0 0
Accounts Payable NA 12 16 18 23
Current Portion Long-Term Debt NA 0 155 38 0
Current Portion Capital Leases NA 0 0 0 0
Accrued Expenses NA 32 25 25 29
Income Taxes Payable NA 9 7 6 4
Other Current Liabilities NA 15 29 25 23
Total Current Liabilities NA 68 232 113 79
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 48 42 42 43
Convertible Debt NA 0 0 0 0
Long-Term Debt NA 1,347 1,391 1,545 1,492
Non-Current Capital Leases NA 0 0 0 0
Other Non-Current Liabilities NA 7 11 191
Minority Interest (Liabilities) NA 90 86 79 62
Total Liabilities NA 1,577 1,757 1,790 1,867
Shareholders Equity 3/31/2021 12/31/2020 9/30/2020 6/30/2020 3/31/2020
Preferred Stock NA 174 249 308 301
Common Stock (Par) NA 748 567 489 457
Capital Surplus NA 0 0 0 0
Retained Earnings NA 0 0 0 0
Other Equity NA 0 0 0 0
Treasury Stock NA 0 0 0 0
Total Shareholder's Equity NA 923 817 797 758
Total Liabilities & Shareholder's Equity NA 2,500 2,573 2,587 2,625
Total Common Equity 0 748 567 489 457
Shares Outstanding 6.10 6.10 3.70 2.90 6.30
Book Value Per Share 0.00 122.70 153.32 168.57 72.57