BackSummit Midstream Partners LP - Unit Overview

Summit Midstream Partners LP - Unit Net Income

Track Summit Midstream Partners LP - Unit's net income ($110M) with charts, peers, and YoY trends.

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Quarterly Net Income

$132.93M
↑ 1038.55% YoY

As of Mar 2024

Annual Net Income (TTM)

$108.14M
↑ 171.28% YoY

Trailing 12 months ending Mar 2024

Average Net Income (Comparison Companies)

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Net Income History

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Net Income Comparison

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Annual Net Income Growth Rate (%)

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Annual Net Income Growth (Absolute)

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Summit Midstream Partners LP - Unit (SMLP) FAQ

Summit Midstream Partners LP - Unit (SMLP) currently reports a net income of $110M as of March 2024. That compares with $-150M in the prior-year period — up 171.3% year over year. That is below the Energy sector average of $49B. Use the charts on this page to explore Summit Midstream Partners LP - Unit's net income history and peer comparisons.

Summit Midstream Partners LP - Unit's net income increased from $-150M to $110M — a 171.3% year-over-year increase (period ending March 2024). Watching multi-year history on the chart below helps separate one-off swings from a lasting trend.

Summit Midstream Partners LP - Unit's net income of $110M is lower than the Energy sector average of $49B. That is roughly 99.8% below the sector mean. A reading lower peers can reflect different growth expectations, capital structure, or profitability — so it is worth checking the peer comparison chart before drawing conclusions.

Summit Midstream Partners LP - Unit reported $110M in net income as of March 2024. That compares with $-150M in the prior-year period — up 171.3% year over year. Absolute dollar amounts are most useful when compared with prior periods, peers, and related line items such as revenue, assets, or liabilities on Stockcircle.

Start with the current net income of $110M, then check the historical chart for trend and the peer comparison chart for relative positioning. The Energy average is $49B. From there, open related valuation or income-statement pages for Summit Midstream Partners LP - Unit, and consider following SMLP for alerts when major investors trade the stock.