Company Summit Midstream Partners, LP

Equities

SMLP

US8661424098

Oil & Gas Transportation Services

Market Closed - Nyse 04:00:02 2024-04-30 pm EDT 5-day change 1st Jan Change
28.58 USD -1.14% Intraday chart for Summit Midstream Partners, LP +2.14% +59.58%

Business Summary

Summit Midstream Partners, LP is a limited partnership focused on development, owning, and operating midstream energy infrastructure assets, primarily shale formations, in the continental United States. Its segments include Rockies, Permian, Northeast, Piceance and Barnett. It provides natural gas, crude oil and produced water gathering, processing and transportation services pursuant to primarily long-term, fee-based agreements with customers and counterparties in five unconventional resource basins: the Appalachian Basin, which includes the Marcellus shale formation in West Virginia; the Williston Basin, which includes the Bakken and Three Forks shale formations in North Dakota; the Denver-Julesburg Basin, which includes the Niobrara and Codell shale formations in Colorado and Wyoming; the Fort Worth Basin, which includes the Barnett Shale formation in Texas; and the Piceance Basin that includes the Mesaverde formation as well as the Mancos and Niobrara shale formations in Colorado.

Number of employees: 244

Sales per Business

USD in Million2022Weight2023Weight Delta
Rockies
55.6 %
144 38.9 % 255 55.6 % +77.59%
Piceance
19.9 %
93 25.3 % 91 19.9 % -2.07%
Northeast
13.9 %
54 14.7 % 64 13.9 % +17.31%
Barnett
9.8 %
52 14.1 % 45 9.8 % -13.40%
Permian
0.8 %
25 6.8 % 4 0.8 % -85.81%
Corporate and Other
0.0 %
1 0.3 % 0 0.0 % -103.69%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
100.0 %
370 100.0 % 459 100.0 % +24.16%

Managers

Managers TitleAgeSince
Chief Executive Officer 50 19-09-15
Director of Finance/CFO 38 15-12-31
Chief Operating Officer - 19-12-31
Compliance Officer 54 20-09-03
Investor Relations Contact - 22-06-30
Comptroller/Controller/Auditor 47 19-12-31
Corporate Officer/Principal - 08-12-31

Members of the board

Members of the board TitleAgeSince
Director/Board Member 69 20-05-31
Director/Board Member 53 20-04-30
Chief Executive Officer 50 19-09-15
Director/Board Member 66 12-08-31
Director/Board Member 56 19-03-31
Director/Board Member 58 20-04-30
Director/Board Member 44 22-02-27

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 10,422,175 9,022,496 ( 86.57 %) 0 86.57 %
Stock B 0 65,508 0 0

Shareholders

NameEquities%Valuation
Invesco Advisers, Inc.
8.740 %
910,352 8.740 % 26 M $
Shenkman Capital Management, Inc.
8.582 %
893,866 8.582 % 25 M $
He Zhengxu
7.777 %
810,000 7.777 % 23 M $
Bank of America, NA (Charlotte, North Carolina)
4.198 %
437,295 4.198 % 12 M $
CQS (US) LLC
3.689 %
384,197 3.689 % 11 M $
Ares Management LLC
3.568 %
371,628 3.568 % 10 M $
Goldman Sachs Asset Management LP
2.785 %
290,075 2.785 % 8 M $
J. Deneke
2.765 %
288,006 2.765 % 8 M $
JPMorgan Securities LLC
2.696 %
280,814 2.696 % 8 M $
222,089 2.132 % 6 M $

Company contact information

Summit Midstream Partners LP

910 Louisiana Street Suite 4200

77002, Houston

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http://www.summitmidstream.com
address Summit Midstream Partners, LP(SMLP)
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