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SMC

Summit Midstream Corporation

Price Chart
Latest Quote

$28.82

-0.11 (-0.38%)
Current Price
Previous Close $28.93
Open $29.00
Day High $29.01
Day Low $28.18
Volume 46,475
Fetched: 2026-06-20T03:38:18
Stock Information
Shares Outstanding 13.81M
Total Debt $1.27B
Cash Equivalents $43.39M
Revenue $569.47M
Net Income $-22.98M
Sector Energy
Industry Oil & Gas Midstream
Market Cap $398.13M
EPS (TTM) $-1.88
Exchange NYQ
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📊 Comprehensive Analysis
Company Data
Enterprise Value$2.00B
Sales$569.47M
Income$-22.98M
Book/sh$35.53
Cash/sh$3.14
Employees296
Financial Ratios
Quick Ratio1.09
Current Ratio1.20
Debt/Eq138.37
Returns & Margins
ROA2.25%
ROE-3.54%
Gross Margin46.11%
Operating Margin12.20%
Profit Margin-4.03%
Ownership
Insider Ownership29.84%
Institutional Ownership40.74%
Insider & Institutional transactions data not available
Valuation Ratios
Forward P/E24.02
P/S0.70
P/B0.81
Analyst Data
Recommendationstrong_buy
Target Price$49.00
Technical Indicators
SMA20$29.42
SMA50$29.99
SMA200$27.00
RSI62.78
ATR1.1629
Shares Float2.23M
Short Float1.54%
Short Ratio1.97
Volatility0.75
Rel Volume1.51
Performance History
Week-3.74%
Month-10.25%
Quarter-8.13%
6 Months+8.75%
YTD+7.66%
Year+9.42%
3 Years+77.68%
5 Years-0.96%
10 Years-85.39%
Stock Score: ⭐ Premium
Based on debt, profitability, growth, and cash flow metrics
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Recent Price History
Date Close Volume
2026-06-18 $28.82 113,900
2026-06-17 $28.93 67,600
2026-06-16 $28.60 160,400
2026-06-15 $28.92 107,700
2026-06-12 $29.88 49,400
2026-06-11 $29.94 39,900
2026-06-10 $29.78 45,600
2026-06-09 $29.30 51,000
2026-06-08 $29.53 55,200
2026-06-05 $29.18 46,200
2026-06-04 $30.06 31,300
2026-06-03 $29.23 38,900
2026-06-02 $29.75 71,500
2026-06-01 $29.83 191,300
2026-05-29 $26.65 89,600
2026-05-28 $27.51 83,700
2026-05-27 $28.55 54,500
2026-05-26 $30.96 72,900
2026-05-22 $30.86 63,300
2026-05-21 $32.04 76,000
2026-05-20 $32.44 241,900
2026-05-19 $32.11 124,300
About Summit Midstream Corporation

Summit Midstream Corporation owns, develops, and operates midstream energy infrastructure assets primarily shale formations in the continental United States. It operates through Rockies, Permian, Piceance, Mid-Con, and Northeast segments. The company owns, develops, and operates natural gas, crude oil, produced water gathering systems, and transmission pipelines. It serves natural gas and crude oil producers. Summit Midstream Corporation was founded in 2009 and is based in Houston, Texas.

Period:
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Income Statement (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Revenue
Reconciled Cost Of Revenue $412,437,000 $316,611,000 $335,967,000 $280,033,000
Cost Of Revenue $412,437,000 $316,611,000 $335,967,000 $280,033,000
Total Revenue $562,091,000 $429,619,000 $458,903,000 $369,594,000
Operating Revenue $520,736,000 $395,871,000 $427,477,000 $334,583,000
Expenses
Interest Expense $94,737,000 $115,446,000 $140,784,000 $102,459,000
Total Expenses $473,455,000 $372,173,000 $378,102,000 $324,976,000
Other Income Expense $3,694,000 $91,503,000 $21,358,000 $-83,436,000
Other Non Operating Income Expenses $783,000 $4,188,000 $865,000 $-4,000
Net Non Operating Interest Income Expense $-94,737,000 $-115,446,000 $-140,784,000 $-102,459,000
Interest Expense Non Operating $94,737,000 $115,446,000 $140,784,000 $102,459,000
Operating Expense $61,018,000 $55,562,000 $42,135,000 $44,943,000
General And Administrative Expense $61,018,000 $55,562,000 $42,135,000 $44,943,000
Income & Earnings
Net Income From Continuing Operation Net Minority Interest $-1,906,000 $-113,175,000 $-38,947,000 $-123,461,000
Net Interest Income $-94,737,000 $-115,446,000 $-140,784,000 $-102,459,000
Normalized Income $12,213,670 $-163,038,220 $-28,411,560 $-57,549,720
Net Income From Continuing And Discontinued Operation $-1,906,000 $-113,175,000 $-38,947,000 $-123,461,000
Net Income Common Stockholders $-19,569,000 $-135,496,000 $-63,094,000 $-127,679,000
Net Income $-1,906,000 $-113,175,000 $-38,947,000 $-123,461,000
Net Income Including Noncontrolling Interests $-1,906,000 $-113,175,000 $-38,947,000 $-123,461,000
Net Income Continuous Operations $-1,906,000 $-113,175,000 $-38,947,000 $-123,461,000
Pretax Income $-2,407,000 $33,503,000 $-38,625,000 $-141,277,000
Special Income Charges $-16,836,000 $58,991,000 $-15,166,000 $-99,846,000
Earnings From Equity Interest $20,784,000 $24,197,000 $33,829,000 -
Operating Income $88,636,000 $57,446,000 $80,801,000 $44,618,000
Gross Profit $149,654,000 $113,008,000 $122,936,000 $89,561,000
Earnings From Equity Interest Net Of Tax - - $33,829,000 $18,141,000
Per Share
Diluted EPS $-1.61 $-12.78 $-6.11 $-12.71
Basic EPS $-1.61 $-12.78 $-6.11 $-12.71
Other
Tax Effect Of Unusual Items $-3,753,330 $13,254,780 $-2,800,560 $-17,520,720
Tax Rate For Calcs $0 $0 $0 $0
Normalized EBITDA (Bullshit earnings) $225,301,000 $187,417,000 $239,197,000 $164,607,000
Total Unusual Items $-17,873,000 $63,118,000 $-13,336,000 $-83,432,000
Total Unusual Items Excluding Goodwill $-17,873,000 $63,118,000 $-13,336,000 $-83,432,000
Reconciled Depreciation $115,098,000 $101,586,000 $123,702,000 $119,993,000
EBITDA (Bullshit earnings) $207,428,000 $250,535,000 $225,861,000 $81,175,000
EBIT $92,330,000 $148,949,000 $102,159,000 $-38,818,000
Diluted Average Shares $12,133,000 $10,600,000 $10,334,000 $10,048,000
Basic Average Shares $12,133,000 $10,600,000 $10,334,000 $10,048,000
Diluted NI Availto Com Stockholders $-19,569,000 $-135,496,000 $-63,094,000 $-127,679,000
Otherunder Preferred Stock Dividend $28,494,000 $28,143,000 $24,147,000 -
Minority Interests $10,831,000 $5,822,000 $0 -
Tax Provision $-501,000 $146,678,000 $322,000 $325,000
Gain On Sale Of Ppe $-486,000 $-1,000 $260,000 $507,000
Gain On Sale Of Business $-582,000 $208,448,000 $-47,000 $-1,741,000
Impairment Of Capital Assets $2,725,000 $68,260,000 $540,000 $91,644,000
Restructuring And Mergern Acquisition $13,043,000 $31,121,000 $3,905,000 $6,968,000
Gain On Sale Of Security $-1,037,000 $4,127,000 $1,830,000 $16,414,000
Selling General And Administration $61,018,000 $55,562,000 $42,135,000 $44,943,000
Other Gand A $61,018,000 $55,562,000 $42,135,000 $44,943,000
Preferred Stock Dividends - $22,321,000 $24,147,000 $4,218,000
Other Special Charges - $50,075,000 $10,934,000 -
Fetched: 2026-06-17
Balance Sheet (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Assets
Net Tangible Assets $392,616,000 $313,513,000 $-175,592,000 $-198,718,000
Total Assets $2,387,609,000 $2,359,484,000 $2,494,198,000 $2,559,964,000
Total Non Current Assets $2,290,688,000 $2,241,213,000 $2,395,776,000 $2,462,422,000
Other Non Current Assets $27,395,000 $32,344,000 $35,165,000 $38,273,000
Goodwill And Other Intangible Assets $153,564,000 $154,279,000 $175,592,000 $198,718,000
Other Intangible Assets $153,564,000 $154,279,000 $175,592,000 $198,718,000
Current Assets $96,921,000 $118,271,000 $98,422,000 $97,542,000
Other Current Assets $7,490,000 $16,014,000 $5,502,000 $8,724,000
Restricted Cash $10,405,000 $2,377,000 $2,601,000 $1,723,000
Receivables $69,752,000 $77,058,000 $76,275,000 $75,287,000
Accounts Receivable $69,752,000 $77,058,000 $76,275,000 $75,287,000
Cash Cash Equivalents And Short Term Investments $9,274,000 $22,822,000 $14,044,000 $11,808,000
Cash And Cash Equivalents $9,274,000 $22,822,000 $14,044,000 $11,808,000
Debt
Net Debt $1,036,296,000 $970,753,000 $1,456,646,000 $1,478,554,000
Total Debt $1,045,570,000 $993,575,000 $1,470,690,000 $1,490,362,000
Long Term Debt And Capital Lease Obligation $1,024,347,000 $976,995,000 $1,455,166,000 $1,479,855,000
Long Term Debt $1,024,347,000 $976,995,000 $1,455,166,000 $1,479,855,000
Current Debt And Capital Lease Obligation $21,223,000 $16,580,000 $15,524,000 $10,507,000
Current Debt $21,223,000 $16,580,000 $15,524,000 $10,507,000
Other Current Borrowings $21,223,000 $16,580,000 $15,524,000 $10,507,000
Liabilities
Total Liabilities Net Minority Interest $1,441,053,000 $1,394,359,000 $1,775,635,000 $1,795,146,000
Total Non Current Liabilities Net Minority Interest $1,264,260,000 $1,219,558,000 $1,641,623,000 $1,677,257,000
Other Non Current Liabilities $6,532,000 $20,150,000 $28,841,000 $38,784,000
Non Current Deferred Liabilities $92,033,000 $88,699,000 $31,510,000 $37,694,000
Non Current Deferred Taxes Liabilities $73,635,000 $63,326,000 $1,425,000 -
Current Liabilities $176,793,000 $174,801,000 $134,012,000 $117,889,000
Other Current Liabilities $27,185,000 $34,714,000 $10,395,000 $11,724,000
Current Deferred Liabilities $10,122,000 $9,595,000 $10,196,000 $9,054,000
Payables And Accrued Expenses $104,490,000 $101,260,000 $89,599,000 $68,920,000
Interest Payable $30,045,000 $21,711,000 $19,298,000 $17,355,000
Payables $50,175,000 $41,373,000 $37,924,000 $30,964,000
Other Payable $8,333,000 $6,667,000 $6,667,000 $6,667,000
Total Tax Payable $10,190,000 $9,544,000 $8,543,000 $10,245,000
Accounts Payable $31,652,000 $25,162,000 $22,714,000 $14,052,000
Equity
Common Stock Equity $435,712,000 $357,562,000 $718,563,000 $764,818,000
Preferred Stock Equity $110,468,000 $110,230,000 - -
Total Equity Gross Minority Interest $946,556,000 $965,125,000 $718,563,000 $764,818,000
Stockholders Equity $546,180,000 $467,792,000 $0 $0
Retained Earnings $-202,902,000 $-183,333,000 - -
Preferred Securities Outside Stock Equity $141,296,000 $132,946,000 $124,652,000 $118,584,000
Long Term Equity Investment $265,583,000 $269,561,000 $486,434,000 $506,677,000
Other
Ordinary Shares Number $12,262,320 $10,659,220 $10,376,189 $10,182,763
Share Issued $12,262,320 $10,659,220 $10,376,189 $10,182,763
Tangible Book Value $282,148,000 $203,283,000 $542,971,000 $566,100,000
Invested Capital $1,481,282,000 $1,351,137,000 $2,189,253,000 $2,255,180,000
Working Capital $-79,872,000 $-56,530,000 $-35,590,000 $-20,347,000
Total Capitalization $1,570,527,000 $1,444,787,000 $2,173,729,000 $2,244,673,000
Minority Interest $400,376,000 $497,333,000 - -
Additional Paid In Capital $638,427,000 $540,714,000 - -
Capital Stock $110,655,000 $110,411,000 - -
Common Stock $187,000 $181,000 - -
Preferred Stock $110,468,000 $110,230,000 - -
Non Current Deferred Revenue $18,398,000 $25,373,000 $30,085,000 $37,694,000
Long Term Provisions $52,000 $768,000 $1,454,000 $2,340,000
Current Deferred Revenue $10,122,000 $9,595,000 $10,196,000 $9,054,000
Pensionand Other Post Retirement Benefit Plans Current $12,063,000 $11,222,000 $6,815,000 $16,319,000
Current Provisions $1,710,000 $1,430,000 $1,483,000 $1,365,000
Current Accrued Expenses $54,315,000 $59,887,000 $51,675,000 $37,956,000
Investments And Advances $265,583,000 $269,561,000 $486,434,000 $506,677,000
Net PPE $1,844,146,000 $1,785,029,000 $1,698,585,000 $1,718,754,000
Accumulated Depreciation $-749,108,000 $-724,582,000 $-770,022,000 $-676,590,000
Gross PPE $2,593,254,000 $2,509,611,000 $2,468,607,000 $2,395,344,000
Construction In Progress $54,367,000 $57,611,000 $56,064,000 $59,036,000
Other Properties $2,538,887,000 $2,452,000,000 $2,412,543,000 $2,336,308,000
Treasury Shares Number - - $0 -
Total Partnership Capital - - $718,563,000 $764,818,000
Limited Partnership Capital - - $718,563,000 $764,818,000
Fetched: 2026-06-17
Cash Flow Statement (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Free Cash Flow
Free Cash Flow $44,553,000 $8,160,000 $58,001,000 $68,272,000
Operating Activities
Operating Cash Flow $133,595,000 $61,771,000 $126,906,000 $98,744,000
Cash Flow From Continuing Operating Activities $133,596,000 $61,772,000 $126,906,000 $98,744,000
Operating Gains Losses $-15,275,000 $-181,613,000 $-19,892,000 $-32,923,000
Investing Activities
Capital Expenditure $-89,042,000 $-53,611,000 $-68,905,000 $-30,472,000
Investing Cash Flow $-163,150,000 $487,059,000 $-74,756,000 $-226,558,000
Cash Flow From Continuing Investing Activities $-163,150,000 $487,059,000 $-74,756,000 $-226,558,000
Net Other Investing Changes $-295,000 $4,400,000 $-2,351,000 $4,945,000
Capital Expenditure Reported $-89,042,000 $-53,611,000 $-68,905,000 $-30,472,000
Financing Activities
Financing Cash Flow $24,035,000 $-540,276,000 $-49,036,000 $121,773,000
Cash Flow From Continuing Financing Activities $24,035,000 $-540,276,000 $-49,036,000 $121,773,000
Net Other Financing Charges $-10,173,000 $-31,746,000 $-14,847,000 $-17,694,000
Cash Dividends Paid $-19,906,000 $-6,513,000 $-6,512,000 $-3,257,000
Preferred Stock Dividend Paid $-19,906,000 $-6,513,000 $-6,512,000 $-3,257,000
Dividend Received Cfo $28,578,000 $36,190,000 $57,572,000 $43,040,000
Repurchase Of Capital Stock - - - -
Issuance Of Capital Stock - - - -
Net Preferred Stock Issuance - - - -
Net Common Stock Issuance - - - -
Common Stock Issuance - - - -
Other
Repayment Of Debt $-337,324,000 $-1,372,817,000 $-127,157,000 $-234,647,000
Issuance Of Debt $391,438,000 $870,800,000 $99,480,000 $377,371,000
Interest Paid Supplemental Data $83,357,000 $101,779,000 $127,022,000 $89,472,000
Income Tax Paid Supplemental Data $299,000 $22,000 $15,000 $149,000
End Cash Position $19,679,000 $25,199,000 $16,645,000 $13,531,000
Beginning Cash Position $25,199,000 $16,645,000 $13,531,000 $19,572,000
Changes In Cash $-5,520,000 $8,554,000 $3,114,000 $-6,041,000
Net Issuance Payments Of Debt $54,114,000 $-502,017,000 $-27,677,000 $142,724,000
Net Long Term Debt Issuance $54,114,000 $-502,017,000 $-27,677,000 $142,724,000
Long Term Debt Payments $-337,324,000 $-1,372,817,000 $-127,157,000 $-234,647,000
Long Term Debt Issuance $391,438,000 $870,800,000 $99,480,000 $377,371,000
Net Business Purchase And Sale $-73,813,000 $536,270,000 $-3,500,000 $-201,031,000
Sale Of Business $0 $694,304,000 $0 $113,940,000
Purchase Of Business $-73,813,000 $-158,034,000 $-3,500,000 $-314,971,000
Change In Working Capital $-12,756,000 $-17,959,000 $-19,692,000 $-13,538,000
Change In Other Working Capital $-21,641,000 $-24,132,000 $-25,882,000 $-16,021,000
Change In Payables And Accrued Expense $-966,000 $3,169,000 $9,542,000 $2,199,000
Change In Accrued Expense $-7,160,000 $1,049,000 $6,761,000 $-63,000
Change In Interest Payable $8,334,000 $2,413,000 $1,943,000 $4,618,000
Change In Payable $6,194,000 $2,120,000 $2,781,000 $2,262,000
Change In Account Payable $5,548,000 $1,119,000 $4,483,000 $2,248,000
Change In Tax Payable $646,000 $1,001,000 $-1,702,000 $14,000
Change In Income Tax Payable $646,000 $1,001,000 $-1,702,000 $14,000
Change In Receivables $9,851,000 $3,004,000 $-3,352,000 $284,000
Changes In Account Receivables $9,851,000 $3,004,000 $-3,352,000 $284,000
Other Non Cash Items $10,032,000 $13,090,000 $17,057,000 $10,211,000
Stock Based Compensation $7,798,000 $8,561,000 $6,566,000 $3,778,000
Asset Impairment Charge $2,725,000 $68,260,000 $540,000 $91,644,000
Deferred Tax $-699,000 $146,831,000 $0 -
Deferred Income Tax $-699,000 $146,831,000 $0 -
Depreciation Amortization Depletion $115,098,000 $101,586,000 $123,702,000 $119,993,000
Depreciation And Amortization $115,098,000 $101,586,000 $123,702,000 $119,993,000
Amortization Cash Flow $16,222,000 $15,971,000 $28,395,000 -
Amortization Of Intangibles $16,222,000 $15,971,000 $28,395,000 -
Depreciation $98,876,000 $85,615,000 $95,307,000 -
Earnings Losses From Equity Investments $-20,784,000 $-24,197,000 $-33,829,000 $-18,141,000
Gain Loss On Investment Securities $4,441,000 $914,000 $3,318,000 $-16,016,000
Net Foreign Currency Exchange Gain Loss $0 $42,000 $-102,000 $0
Gain Loss On Sale Of Business $582,000 $-208,448,000 $47,000 $1,741,000
Net Income From Continuing Operations $-1,906,000 $-113,175,000 $-38,947,000 $-123,461,000
Net Short Term Debt Issuance - - - $0
Short Term Debt Payments - - - $0
Short Term Debt Issuance - - - $0
Preferred Stock Payments - - - -
Common Stock Payments - - - -
Fetched: 2026-06-17