Summit Midstream Partners LP - Unit

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Debt Financing / Related, Divestitures / Spin-offs, Other Pre-Announcement

Summit Midstream Partners Announces Sale Of Its Lane Gathering And Processing System In The Delaware Basin To A Subsidiary Of Matador Resources Company

Published: 06/09/2022 22:26 GMT
(SMLP) - Summit Midstream Partners, Lp Announces Sale of Its Lane Gathering and Processing System in the Delaware Basin to a Subsidiary of Matador Resources Company & Reiterates Its 2022 Adjusted EBITDA Guidance.
Summit Midstream Partners Lp - Proposed Deal for Sale Price of $75 Million.
Summit Midstream Partners Lp - Transaction is Expected to Be Free Cash Flow Accretive to Smlp Unitholders.