Summit Midstream Partners, LP (SMLP) Revenue & Revenue Breakdown
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
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $458.90M | 24.16% |
| 2022-12-31 | $369.59M | -7.74% |
| 2021-12-31 | $400.62M | 4.47% |
| 2020-12-31 | $383.47M | -13.54% |
| 2019-12-31 | $443.53M | -12.46% |
| 2018-12-31 | $506.65M | 3.66% |
| 2017-12-31 | $488.74M | 21.47% |
| 2016-12-31 | $402.36M | 8.36% |
| 2015-12-31 | $371.32M | 12.29% |
| 2014-12-31 | $330.69M | 36.19% |
| 2013-12-31 | $242.81M | 46.71% |
| 2012-12-31 | $165.50M | 59.82% |
| 2011-12-31 | $103.55M | 226.91% |
| 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
| Date | Revenue | Change |
|---|---|---|
| 2024-03-31 | $118.87M | -6.63% |
| 2023-12-31 | $127.32M | 5.05% |
| 2023-09-30 | $121.19M | 23.80% |
| 2023-06-30 | $97.89M | -12.98% |
| 2023-03-31 | $112.50M | 31.24% |
| 2022-12-31 | $85.72M | -3.34% |
| 2022-09-30 | $88.68M | -10.48% |
| 2022-06-30 | $99.06M | 3.06% |
| 2022-03-31 | $96.13M | -3.11% |
| 2021-12-31 | $99.21M | -2.77% |
| 2021-09-30 | $102.05M | 2.00% |
| 2021-06-30 | $100.04M | 0.73% |
| 2021-03-31 | $99.32M | 3.02% |
| 2020-12-31 | $96.41M | 6.94% |
| 2020-09-30 | $90.15M | -2.02% |
| 2020-06-30 | $92.01M | -12.29% |
| 2020-03-31 | $104.90M | -6.54% |
| 2019-12-31 | $112.25M | 12.04% |
| 2019-09-30 | $100.19M | 0.50% |
| 2019-06-30 | $99.69M | -24.14% |
| 2019-03-31 | $131.41M | -1.69% |
| 2018-12-31 | $133.67M | 4.86% |
| 2018-09-30 | $127.48M | -0.55% |
| 2018-06-30 | $128.18M | 9.26% |
| 2018-03-31 | $117.32M | -7.04% |
| 2017-12-31 | $126.20M | 1.00% |
| 2017-09-30 | $124.94M | 22.75% |
| 2017-06-30 | $101.79M | -25.05% |
| 2017-03-31 | $135.81M | 6.86% |
| 2016-12-31 | $127.08M | 33.67% |
| 2016-09-30 | $95.07M | 6.07% |
| 2016-06-30 | $89.64M | -1.03% |
| 2016-03-31 | $90.57M | -20.30% |
| 2015-12-31 | $113.64M | 10.06% |
| 2015-09-30 | $103.25M | 33.61% |
| 2015-06-30 | $77.27M | 12.68% |
| 2015-03-31 | $68.58M | -27.55% |
| 2014-12-31 | $94.66M | 19.77% |
| 2014-09-30 | $79.03M | -2.19% |
| 2014-06-30 | $80.80M | 6.03% |
| 2014-03-31 | $76.20M | 9.96% |
| 2013-12-31 | $69.30M | 9.83% |
| 2013-09-30 | $63.10M | 6.43% |
| 2013-06-30 | $59.28M | 35.99% |
| 2013-03-31 | $43.59M | -10.36% |
| 2012-12-31 | $48.63M | 18.69% |
| 2012-09-30 | $40.98M | 2.16% |
| 2012-06-30 | $40.11M | 12.08% |
| 2012-03-31 | $35.78M | -9.47% |
| 2011-12-31 | $39.52M | 78.36% |
| 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/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 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/Service | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 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
| Country | Dec 23 | Dec 22 | Dec 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
| Country | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 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
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| ENLC | EnLink Midstream, LLC | $6.88B | $1.68B |
| GEL | Genesis Energy | $3.18B | $756.26M |
| WES | Western Midstream Partners, LP | $3.11B | $887.73M |
| HESM | Hess Midstream LP | $1.35B | $365.50M |
| DTM | DT Midstream | $922.00M | $244.00M |
| MMLP | Martin Midstream Partners | $797.96M | $184.53M |
| SMLP | Summit Midstream Partners, LP | $458.90M | $118.87M |
| BROG | Brooge 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.