​

Summit Midstream Partners, LP (SMLP) Revenue & Revenue Breakdown

OverviewForecastOwnershipFinancialsChartTranscripts

Summit Midstream Partners, LP Revenue Highlights

Latest Revenue (Y)

$458.90M

Latest Revenue (Q)

$118.87M

Main Segment (Y)

Gathering Servicesand Related Fees

Main Geography (Y)

Northeast Segment

Summit Midstream Partners, LP Revenue by Period

Summit Midstream Partners, LP Revenue by Year

DateRevenueChange
2023-12-31$458.90M24.16%
2022-12-31$369.59M-7.74%
2021-12-31$400.62M4.47%
2020-12-31$383.47M-13.54%
2019-12-31$443.53M-12.46%
2018-12-31$506.65M3.66%
2017-12-31$488.74M21.47%
2016-12-31$402.36M8.36%
2015-12-31$371.32M12.29%
2014-12-31$330.69M36.19%
2013-12-31$242.81M46.71%
2012-12-31$165.50M59.82%
2011-12-31$103.55M226.91%
2010-12-31$31.68M-

Summit Midstream Partners, LP generated $458.90M in revenue during NA 2023, up 24.16% compared to the previous quarter, and up 90.58% compared to the same period a year ago.

Summit Midstream Partners, LP Revenue by Quarter

DateRevenueChange
2024-03-31$118.87M-6.63%
2023-12-31$127.32M5.05%
2023-09-30$121.19M23.80%
2023-06-30$97.89M-12.98%
2023-03-31$112.50M31.24%
2022-12-31$85.72M-3.34%
2022-09-30$88.68M-10.48%
2022-06-30$99.06M3.06%
2022-03-31$96.13M-3.11%
2021-12-31$99.21M-2.77%
2021-09-30$102.05M2.00%
2021-06-30$100.04M0.73%
2021-03-31$99.32M3.02%
2020-12-31$96.41M6.94%
2020-09-30$90.15M-2.02%
2020-06-30$92.01M-12.29%
2020-03-31$104.90M-6.54%
2019-12-31$112.25M12.04%
2019-09-30$100.19M0.50%
2019-06-30$99.69M-24.14%
2019-03-31$131.41M-1.69%
2018-12-31$133.67M4.86%
2018-09-30$127.48M-0.55%
2018-06-30$128.18M9.26%
2018-03-31$117.32M-7.04%
2017-12-31$126.20M1.00%
2017-09-30$124.94M22.75%
2017-06-30$101.79M-25.05%
2017-03-31$135.81M6.86%
2016-12-31$127.08M33.67%
2016-09-30$95.07M6.07%
2016-06-30$89.64M-1.03%
2016-03-31$90.57M-20.30%
2015-12-31$113.64M10.06%
2015-09-30$103.25M33.61%
2015-06-30$77.27M12.68%
2015-03-31$68.58M-27.55%
2014-12-31$94.66M19.77%
2014-09-30$79.03M-2.19%
2014-06-30$80.80M6.03%
2014-03-31$76.20M9.96%
2013-12-31$69.30M9.83%
2013-09-30$63.10M6.43%
2013-06-30$59.28M35.99%
2013-03-31$43.59M-10.36%
2012-12-31$48.63M18.69%
2012-09-30$40.98M2.16%
2012-06-30$40.11M12.08%
2012-03-31$35.78M-9.47%
2011-12-31$39.52M78.36%
2011-09-30$22.16M-

Summit Midstream Partners, LP generated $118.87M in revenue during Q1 2024, up -6.63% compared to the previous quarter, and up 138.67% compared to the same period a year ago.

Summit Midstream Partners, LP Revenue Breakdown

Summit Midstream Partners, LP Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Other Products And Services$31.46M----
Gathering Servicesand Related Fees$248.22M$78.25M$81.72M$122.06M-
Natural Gas N G L And Condensate Sales$179.25M----
Natural Gas, Gathering, Transportation, Marketing and Processing-$248.36M$281.70M--
Oil and Condensate-$86.22M$82.77M--
Product and Service, Other-$35.01M$36.15M--
Natural Gas Gathering Transportation Marketing And Processing---$302.79M$326.75M
Product And Service Other---$31.36M$29.79M
Gathering Services And Related Fees---$100.18M-
Oil And Condensate---$49.32M$86.99M

Summit Midstream Partners, LP's latest annual revenue breakdown by segment (product or service), as of Dec 23: Gathering Servicesand Related Fees (54.09%), Natural Gas N G L And Condensate Sales (39.06%), and Other Products And Services (6.86%).

Quarterly Revenue by Product

Product/ServiceMar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19
Natural Gas N G L And Condensate Sales$49.09M$134.13M$45.12M$18.86M$23.47M---------------
Gathering Services And Related Fees$61.98M$66.03M------------------
Product and Service, Other$7.79M$10.04M$4.72M$5.96M$5.97M$10.24M$9.15M$9.65M$9.55M$9.00M$9.39M---------
Oil and Condensate---$36.08M$49.16M$18.86M$16.63M$28.28M$22.46M$23.47M$22.12M$16.42M--------
Natural Gas, Gathering, Transportation, Marketing and Processing---$57.09M$57.37M$60.89M$61.81M$61.63M$64.02M$66.20M$70.92M$74.23M--------
Natural Gas Gathering Transportation Marketing And Processing------------$70.35M$73.13M$71.96M$73.91M$83.79M$83.71M$80.97M$75.11M
Gathering Servicesand Related Fees------------$74.01M$29.68M$58.43M$86.92M$31.35M$60.22M--
Oil And Condensate------------$20.76M$14.07M$10.78M$10.68M$13.78M$18.56M$12.22M$18.29M
Product And Service Other------------$8.21M$9.21M$7.41M$7.41M$7.33M$9.98M$7.00M$6.29M

Summit Midstream Partners, LP's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Gathering Services And Related Fees (52.14%), Natural Gas N G L And Condensate Sales (41.30%), and Product and Service, Other (6.56%).

Summit Midstream Partners, LP Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 23Dec 22Dec 21
Northeast Segment$63.80M--

Summit Midstream Partners, LP's latest annual revenue breakdown by geography, as of Dec 23: Northeast Segment (100.00%).

Quarterly Revenue by Country

CountryMar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22
Northeast Segment$16.85M$45.65M$18.16M--$13.29M---

Summit Midstream Partners, LP's latest quarterly revenue breakdown by geography, as of Mar 24: Northeast Segment (100.00%).

Summit Midstream Partners, LP Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
ENLCEnLink Midstream$6.88B$1.61B
GELGenesis Energy$3.18B$714.30M
WESWestern Midstream Partners, LP$3.11B$905.63M
HESMHess Midstream LP$1.35B$378.50M
DTMDT Midstream$922.00M$248.00M
MMLPMartin Midstream Partners$797.96M$170.93M
BROGBrooge Energy$81.54M$62.91M

SMLP Revenue FAQ

What is Summit Midstream Partners, LP’s yearly revenue?

Summit Midstream Partners, LP's yearly revenue for 2023 was $458.9M, representing an increase of 24.16% compared to 2022. The company's yearly revenue for 2022 was $369.59M, representing a decrease of -7.74% compared to 2021. SMLP's yearly revenue for 2021 was $400.62M, representing an increase of 4.47% compared to 2020.

What is Summit Midstream Partners, LP’s quarterly revenue?

Summit Midstream Partners, LP's quarterly revenue for Q1 2024 was $118.87M, a -6.63% decrease from the previous quarter (Q4 2023), and a 5.66% increase year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $127.32M, a 5.05% increase from the previous quarter (Q3 2023), and a 48.52% increase year-over-year (Q4 2022). SMLP's quarterly revenue for Q3 2023 was $121.19M, a 23.80% increase from the previous quarter (Q2 2023), and a 36.66% increase year-over-year (Q3 2022).

What is Summit Midstream Partners, LP’s revenue growth rate?

Summit Midstream Partners, LP's revenue growth rate for the last 3 years (2021-2023) was 14.55%, and for the last 5 years (2019-2023) was 3.47%.

What are Summit Midstream Partners, LP’s revenue streams?

Summit Midstream Partners, LP's revenue streams in c 23 are Other Products And Services, Gathering Servicesand Related Fees, and Natural Gas N G L And Condensate Sales. Other Products And Services generated $31.46M in revenue, accounting 6.86% of the company's total revenue Gathering Servicesand Related Fees generated $248.22M in revenue, accounting 54.09% of the company's total revenue, up 217.24% year-over-year. Natural Gas N G L And Condensate Sales generated $179.25M in revenue, accounting 39.06% of the company's total revenue

What is Summit Midstream Partners, LP’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Summit Midstream Partners, LP was Gathering Servicesand Related Fees. This segment made a revenue of $248.22M, representing 54.09% of the company's total revenue.