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Joe Stocks

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Joe Stocks

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Re: None

Friday, 03/11/2022 9:11:54 PM

Friday, March 11, 2022 9:11:54 PM

Post# of 77456
SMLP - As I mentioned I was very disappointed with SMLP's 4Q report. many of us online, as well as there management were surised that more wells were not being put in service behind there pipelines.

Some thought management's outlook was too conservative for 2022-2023. Interesting read by someone who dug deeper in to the report.

https://seekingalpha.com/article/4493808-summit-midstream-conservative-fy-2022-guidance

No longer seeing this play out like I had, I have trimmed mt position. But, with new emphasis on domestic drilling perhaps SMLP will do better than projected.

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