Summit Midstream Partners Lp's Competitiveness
A competitive positioning analysis and financial ratio benchmarking of Summit Midstream Partners Lp (SMLP) against its publicly traded competitors: sales growth, net income, profitability, valuation and market share, plus each peer's market capitalization, revenue, income and employees. Free below: the top 5 peers. Subscriber access adds the full competitor list and CSV downloads.
Key Findings: Summit Midstream Partners Lp vs Its Competitors
- TTM: Trailing 12-month revenue of 469M vs -M combined for tracked competitors (100.0% combined share).
- Trending: Latest-quarter revenue run-rate is decelerating (-13.5% annualized vs trailing 12 months).
- Peer revenue share: Summit Midstream Partners Lp accounted for 100.0% of combined revenue among its tracked peer group, up from 100.0% a year earlier.
Every figure above is sourced and cited in detail further down this page (Market Structure, Profitability & Cost Structure, Productivity vs Peers).
SMLP Sales vs. its Competitors, Q2 2024
Summit Midstream Partners Lp generated 100.00 % of the combined sales of its peer group, up from 100.00 % a year earlier.
For context: the Natural Gas Utilities industry grew revenue 42.5% year over year, combined, vs 3.5% for Summit Midstream Partners Lp. Summit Midstream Partners Lp's share of combined industry revenue moved from 0.05% to 0.03%, a loss of 0.01 percentage points.
Summit Midstream Partners Lp's Competitor Quality Breadth
Share of each group, trailing 12 months: profitable (net margin > 0), expanding (revenue growth > 0), growing faster than the industry's own median, and financially distressed (Piotroski F-Score of 2 or below).
| Entity | Profitable | Expanding | Above Industry Growth | Distressed |
|---|---|---|---|---|
| Summit Midstream Partners Lp | Yes | Yes | Yes | No |
| High-Confidence Competitors (1) |
Source: CSIMarket API, trailing 12 months. Altman Z-Score is not shown here: it is not populated in the underlying data for any company. Percentages are of companies in each group that report the relevant metric, not of the full group size.
SMLP Stock Performance relative to its Competitors
SMLP Stock Performance relative to High-Confidence Competitors
Summit Midstream Partners Lp's Comment on Competition and Industry Peers
Summit Midstream Partners Lp's Competitors Named by the Company
Competitive relationships identified from Summit Midstream Partners Lp reports and corroborating sources, each with a basis and confidence.| Competitor | Basis | Confidence |
|---|---|---|
| Parker hannifin Corporation | Company report | 85% |
Company report basis, confidence, active dates and source counts for Summit Midstream Partners Lp's named competitors require a Commercial License.
Methodology: relationships are extracted from Summit Midstream Partners Lp reports (named-competitor disclosures) and corroborating sources. Confidence reflects evidence strength.
Summit Midstream Partners Lp's Business Segment Mix vs Peers
Revenue by operating segment or division, as named and reported by each company. Segment names are the filer's own and are not standardized across companies. Do not assume a same-named or similarly-named segment is defined identically between two companies. Shares are of each company's own total revenue and are not required to sum to 100% (intersegment revenue, unallocated items).| Company | Largest Segment |
|---|---|
| Summit Midstream Partners Lp | Rockies 65.99 % |
Source: operating segment revenue as reported in each company's reports (10-K/10-Q), via the CSIMarket API, leaf-level reportable segments only (parent roll-up segments are excluded where sub-segments are separately disclosed).