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


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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$1.68B
GELGenesis Energy$3.18B$714.30M
WESWestern Midstream Partners, LP$3.11B$887.73M
HESMHess Midstream LP$1.35B$365.50M
DTMDT Midstream$922.00M$248.00M
MMLPMartin Midstream Partners$797.96M$170.93M
SMLPSummit Midstream Partners, LP$458.90M$118.87M
BROGBrooge Energy$81.54M$62.91M

SMLP Revenue FAQ


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.

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).

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%.

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

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.