Summit Midstream Partners Q2 Profit Declines - Quick Facts

(RTTNews) - Summit Midstream Partners, LP (SMLP) reported second-quarter net income $7.53 million, compared to $9.13 million in the year ago quarter.

Net income attributable to limited partners for the latest second quarter was $7.9 million or $0.16 per unit.

Total revenues for the quarter were $59.29 million, up from $40.11 million in the prior year.

On July 25, 2013, the board of directors SMLP general partner declared a quarterly cash distribution of $0.435 per unit on all outstanding common and subordinated units. This distribution will be paid on August 14, 2013 to unitholders of record as of the close of business on August 7, 2013.