Summit Midstream Partners LP

NYSE:SMLPUnited States

Jun 17, 2024

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• Summit Advances Planned Conversion to C-Corporation to Facilitate Growth and Value Creation, from 7:00AM ET on Monday Jun 17, 2024 by Dow Jones

  7:00AM ET on Monday Jun 17, 2024 by Dow Jones
  Companies Mentioned: SMLP
  governing the Partnership's and New Summit's debt and preferred equity instruments; -- the availability, terms and cost of downstream transportation and processing services; -- natural disasters, accidents, weather-related delays, casualty losses and other matters beyond the Partnership's and New Summit's control; -- the current and potential future impact of the COVID-19 pandemic or other pandemics on the Partnership's and New Summit's business, results of operations, financial position or cash flows; -- operational risks and hazards inherent in the gathering, compression, treating and/or processing of natural gas, crude oil and produced water; -- the Partnership's and New Summit's ability to comply with the terms of the agreements comprising the Global Settlement (as defined in the Proxy Statement/Prospectus); -- weather conditions and terrain in certain areas in which the Partnership and New Summit operate; -- physical and financial risks associated with climate change; -- any other issues that can result in deficiencies in the design, installation or operation of the Partnership's and New Summit's gathering, compression, treating, processing and freshwater facilities; -- timely receipt of necessary government approvals and permits, the Partnership's and New Summit's ability to control the costs of construction, including costs of materials, labor and rights-of-way and other factors that may impact the Partnership's and New Summit's ability to complete projects within budget and on schedule; -- the Partnership's and New Summit's ability to finance the Partnership's and New Summit's obligations related to capital expenditures, including through opportunistic asset divestitures or joint ventures and the impact any such divestitures or joint ventures could have on the Partnership's and New Summit's results; -- the effects of existing and future laws and governmental regulations, including environmental, safety and climate change requirements and federal, state and local restrictions or requirements applicable to oil and/or gas drilling, production or transportation; -- the effects of litigation; -- interest rates; -- changes in general economic conditions; and -- other factors and uncertainties discussed in Proxy Statement/Prospectus and the Partnership's filings with the U.S. Securities and Exchange Commission (the "SEC"), including the Partnership's Annual Report on Form 10-K for the year ended December 31, 2023 (the "Annual Report") and the Partnership's Quarterly Report on Form 10-Q for the quarter ended March 31, 2024.