---
schema_version: "secwatch.filing_event.v1"
accession: "0001549922-24-000045"
form_type: "8-K"
ticker: null
cik: "0001549922"
company_name: "Summit Midstream Partners, LP"
filed_at: "2024-05-02T23:59:59+00:00"
generated_at: "2026-06-03T00:26:41.749551+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Summit Midstream Q1 net income $132.9M; net leverage reduced to 3.9x

## Summary
- Net income $132.9M, adjusted EBITDA $70.1M; DCF $32.5M, FCF $17.2M.
- Sold Northeast assets: Utica to MPLX for $625M and Mountaineer to Antero Midstream for $70M.
- Net leverage ratio improved to ~3.9x from 5.4x in Q4 2023; target 3.5x.
- Revised 2024 pro forma adjusted EBITDA guidance to $170M–$200M.
- Double E open season secured 75 MMcf/d 10-year commitment; 150 MMcf/d non-binding bids.

## SEC filing metadata
- accession: 0001549922-24-000045
- form_type: 8-K
- cik: 0001549922
- company_name: Summit Midstream Partners, LP
- filed_at: 2024-05-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1549922/000154992224000045/0001549922-24-000045-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1549922/000154992224000045/smlp-20240502.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001549922-24-000045
- JSON: https://secwatch.observer/filing/0001549922-24-000045.json
- Plain text: https://secwatch.observer/filing/0001549922-24-000045.txt

## Key facts
- Earnings Releases
  Summit Midstream Partners, LP reported the three months ended March 31, 2024 results: net income net income of $132.9 million. Guidance reaffirmed.
  - Period: the three months ended March 31, 2024
  - Net income: net income of $132.9 million
  - Guidance: reaffirmed
  - Result: reported results
  source text: Summit Midstream Partners, LP Reports First Quarter 2024 Financial and Operating Results
  evidence_url: https://www.sec.gov/Archives/edgar/data/1549922/000154992224000045/0001549922-24-000045-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.