Summit Midstream Partners, LP Reports First Quarter 2019 Financial Results

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Summit Midstream Partners (SMLP) Misses Q1 EPS by 72c, Revenue sBeat

May 9, 2019 4:31 PM UTC

Summit Midstream Partners (NYSE: SMLP) reported Q1 EPS of ($0.58), $0.72 worse than the analyst estimate of $0.14. Revenue for the quarter came in at $131.41 million versus the consensus estimate of $109.34 million.

Leonard Mallett, interim President and Chief Executive Officer, commented, "Our financial results for the first quarter of 2019 were generally in line with our expectations. Our outlook for the balance of 2019 remains strong and is supported by 16 active rigs currently running upstream of... More