Summit Midstream Partners, LP
Utilities · Natural Gas Transmission · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | |
|---|---|---|---|---|---|---|
| Revenue | $458.9M | $369.6M | $400.6M | $383.5M | $443.5M | $117.3M |
| Operating income | — | — | — | — | — | — |
| Net income | −$51.5M | −$140.6M | −$36.6M | $178.9M | −$36.9M | −$3.9M |
| Total assets | $2.49B | $2.56B | $2.52B | $2.50B | $2.57B | $3.02B |
| Total liabilities | $1.65B | $1.68B | $1.51B | $1.49B | $1.76B | $1.80B |
| Equity | — | — | — | — | — | — |
| EPS (diluted) | — | — | — | — | — | — |
| Shares out. | 10.2M | 10.0M | 6.1M | 93.6M | — | — |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2023- Operating margin
- —
- Net margin
- −11.2%
- Return on equity
- —
- Return on assets
- −2.1%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 66.2%
- Debt / equity
- —
- Book value / share
- —
- Revenue growth (YoY)
- 24.2%
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2023- Accruals / assets
- −7.2%clean
- Beneish M-Score
- -2.72normal
- Piotroski F-Score
- 4/8mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 1 warning● 3 good- Reported a net loss
- Revenue is growing year-over-year
- Positive operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Material events
SEC Form 8-K · most recent- Results of operationsAug 9, 2024
- Completed an acquisition or disposition · Delisting / listing-standard notice · Modified shareholder rights · Change in control · Amended charter or bylawsAug 1, 2024
- Entered a material agreement · Terminated a material agreement · New financial obligation · Other material eventJul 29, 2024
- Shareholder voteJul 19, 2024
- Other material eventJul 17, 2024
- Regulation FD disclosure · Other material eventJul 17, 2024
- Terminated a material agreementJun 24, 2024
- Regulation FD disclosureJun 17, 2024
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗- SC 13G/ASEC SCHEDULE 13GSep 9, 2024
- 15-12GFORM 15-12GAug 12, 2024
- 10-QAug 9, 2024
- S-8 POSPOST-EFFECTIVE AMENDMENT NO. 1 TO FORM S-8Aug 9, 2024
- S-8 POSPOST-EFFECTIVE AMENDMENT NO. 1 TO FORM S-8Aug 9, 2024
- S-8 POSPOST-EFFECTIVE AMENDMENT NO. 1 TO FORM S-8Aug 9, 2024
- S-8 POSPOST-EFFECTIVE AMENDMENT NO. 1 TO FORM S-8Aug 9, 2024
- RWWITHDRAWAL REQUESTAug 9, 2024
- 8-KCURRENT REPORTAug 9, 2024
- 4FORM 4Aug 2, 2024
- 4FORM 4Aug 2, 2024
- 4FORM 4Aug 2, 2024
- 4FORM 4Aug 2, 2024
- 4FORM 4Aug 2, 2024
- 4FORM 4Aug 2, 2024
Event-driven situations (1)
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