Summit Midstream Partners Stock Revenue
| SMLP Stock | USD 32.66 0.72 2.25% |
Summit Midstream Partners fundamentals help investors to digest information that contributes to Summit Midstream's financial success or failures. It also enables traders to predict the movement of Summit Stock. The fundamental analysis module provides a way to measure Summit Midstream's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Summit Midstream stock.
| Last Reported | Projected for Next Year | ||
| Total Revenue | 458.9 M | 369.2 M |
Summit | Revenue |
Summit Midstream Partners Company Revenue Analysis
Summit Midstream's Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Current Summit Midstream Revenue | 458.9 M |
Most of Summit Midstream's fundamental indicators, such as Revenue, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Summit Midstream Partners is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Historical and Projected quarterly revenue of Summit
Projected quarterly revenue analysis of Summit Midstream Partners provides investors and stakeholders with an insight into the company's performance and growth prospects. When actual revenues of Summit Midstream match or exceed analyst estimates, it positively influences investor confidence and market perception, often leading to a rise in Summit Midstream's stock price.
Summit Revenue Driver Correlations
Understanding the fundamental principles of building solid financial models for Summit Midstream is extremely important. It helps to project a fair market value of Summit Stock properly, considering its historical fundamentals such as Revenue. Since Summit Midstream's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Summit Midstream's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Summit Midstream's interrelated accounts and indicators.
| 0.36 | 0.34 | 0.12 | 0.28 | -0.07 | ||
| 0.36 | 0.92 | 0.67 | 0.75 | -0.32 | ||
| 0.34 | 0.92 | 0.58 | 0.61 | -0.13 | ||
| 0.12 | 0.67 | 0.58 | 0.41 | -0.34 | ||
| 0.28 | 0.75 | 0.61 | 0.41 | -0.07 | ||
| -0.07 | -0.32 | -0.13 | -0.34 | -0.07 |
Click cells to compare fundamentals
Summit Revenue Historical Pattern
Today, most investors in Summit Midstream Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Summit Midstream's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's revenue growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Summit Midstream revenue as a starting point in their analysis.
Summit Midstream Revenue |
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Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
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Summit Current Deferred Revenue
Current Deferred Revenue |
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Based on the latest financial disclosure, Summit Midstream Partners reported 458.9 M of revenue. This is 99.07% lower than that of the Oil, Gas & Consumable Fuels sector and 96.09% lower than that of the Energy industry. The revenue for all United States stocks is 95.14% higher than that of the company.
Summit Revenue Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Summit Midstream's direct or indirect competition against its Revenue to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Summit Midstream could also be used in its relative valuation, which is a method of valuing Summit Midstream by comparing valuation metrics of similar companies.Summit Midstream is currently under evaluation in revenue category among its peers.
Summit Midstream ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Summit Midstream's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Summit Midstream's managers, analysts, and investors.Environmental | Governance | Social |
Summit Midstream Institutional Holders
Institutional Holdings refers to the ownership stake in Summit Midstream that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Summit Midstream's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Summit Midstream's value.| Shares | Morgan Stanley - Brokerage Accounts | 2024-03-31 | 51.3 K | Wells Fargo & Co | 2024-03-31 | 47.9 K | Susquehanna International Group, Llp | 2024-03-31 | 32.4 K | Eagle Global Advisors, Llc | 2024-03-31 | 19 K | Valeo Financial Advisors, Llc | 2024-03-31 | 15.1 K | Belvedere Trading Llc | 2024-03-31 | 15.1 K | Appleseed Capital | 2024-03-31 | 14.4 K | Cetera Advisors Llc | 2023-12-31 | 13 K | Mariner Wealth Advisors, Llc | 2024-03-31 | 12.9 K | Amvescap Plc. | 2024-03-31 | 953.4 K | Shenkman Capital Management Inc | 2024-03-31 | 583.6 K |
Summit Fundamentals
| Return On Equity | 0.12 | |||
| Return On Asset | 0.0216 | |||
| Profit Margin | 0.23 % | |||
| Operating Margin | 0.18 % | |||
| Current Valuation | 1.38 B | |||
| Shares Outstanding | 10.65 M | |||
| Shares Owned By Insiders | 13.00 % | |||
| Shares Owned By Institutions | 34.30 % | |||
| Number Of Shares Shorted | 81.36 K | |||
| Price To Earning | 0.28 X | |||
| Price To Book | 0.41 X | |||
| Price To Sales | 0.64 X | |||
| Revenue | 458.9 M | |||
| Gross Profit | 209.55 M | |||
| EBITDA | 205.79 M | |||
| Net Income | (38.95 M) | |||
| Cash And Equivalents | 12.37 M | |||
| Cash Per Share | 1.22 X | |||
| Total Debt | 1.48 B | |||
| Debt To Equity | 1.35 % | |||
| Current Ratio | 0.91 X | |||
| Book Value Per Share | 70.29 X | |||
| Cash Flow From Operations | 126.91 M | |||
| Short Ratio | 2.04 X | |||
| Earnings Per Share | 7.18 X | |||
| Price To Earnings To Growth | 20.05 X | |||
| Target Price | 22.0 | |||
| Number Of Employees | 244 | |||
| Beta | 2.4 | |||
| Market Capitalization | 340.12 M | |||
| Total Asset | 2.49 B | |||
| Retained Earnings | (143.41 M) | |||
| Working Capital | (35.59 M) | |||
| Current Asset | 114.95 M | |||
| Current Liabilities | 91.58 M | |||
| Five Year Return | 27.22 % | |||
| Net Asset | 2.49 B |
About Summit Midstream Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Summit Midstream Partners's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Summit Midstream using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Summit Midstream Partners based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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When running Summit Midstream's price analysis, check to measure Summit Midstream's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Summit Midstream is operating at the current time. Most of Summit Midstream's value examination focuses on studying past and present price action to predict the probability of Summit Midstream's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Summit Midstream's price. Additionally, you may evaluate how the addition of Summit Midstream to your portfolios can decrease your overall portfolio volatility.