smlp: the income statement

MyFinsight

For the quarter ending 2024-06-30, SMLP made $101,315K in revenue. -$27,644K in net income. Net profit margin of -27.29%.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement	2024-06-30
Total revenues	101,315
Long-lived asset impairments	20
(gain) loss on asset sales, net	-34
Operation and maintenance	23,440
General and administrative	14,164
Transaction costs	3,271
Depreciation and amortization	23,917
Cost of natural gas and ngls	29,619
Total costs and expenses	94,465
Interest expense	31,457
Gain (loss) on sale of business	-2,192
Loss on early extinguishment of debt	-4,964
Gain on interest rate swaps	920
Other income, net	2,131
Income (loss) before income taxes and equity method investment income	-28,712
Income from equity method investees	4,280
Income tax benefit	-654
Net income (loss)	-23,778
Less: net income attributable to subsidiary series a preferred units	3,866
Net income (loss) attributable to summit midstream partners, lp	-27,644

Basic eps	0