Summit Midstream Corporation (SMC)
| Market Cap | 424.53M |
| Revenue (ttm) | 563.03M |
| Net Income (ttm) | -19.57M |
| Shares Out | 13.82M |
| EPS (ttm) | -1.61 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 28,012 |
| Open | 30.23 |
| Previous Close | 29.96 |
| Day's Range | 30.08 - 30.87 |
| 52-Week Range | 19.13 - 33.50 |
| Beta | 0.86 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | May 11, 2026 |
About SMC
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. [Read more]
Financial Performance
In 2025, Summit Midstream's revenue was $563.03 million, an increase of 30.77% compared to the previous year's $430.56 million. Losses were -$19.57 million, -85.56% less than in 2024.
Financial StatementsNews
Summit Midstream Corporation Announces $42 Million Equity Issuance to Affiliate of Tailwater Capital
HOUSTON, March 31, 2026 /PRNewswire/ -- Summit Midstream Corporation (NYSE: SMC) ("Summit", "SMC" or the "Company") announced today that it and its subsidiary, Summit Midstream Partners, LP (the "Part...
Summit Midstream Earnings Call Transcript: Q4 2025
Q4 and full-year 2025 results showed strong Adjusted EBITDA and commercial momentum, with new long-term contracts in the Permian and Rockies. Guidance for 2026 anticipates up to $265M Adjusted EBITDA and continued growth, supported by a major refinancing and robust project pipeline.
Summit Midstream Corporation Reports Fourth Quarter and Full-Year 2025 Financial and Operating Results, Permian and Rockies Segment Growth Update and Provides Full-Year 2026 Guidance
HOUSTON, March 16, 2026 /PRNewswire/ -- Summit Midstream Corporation (NYSE: SMC) ("Summit", "SMC" or the "Company") announced today its financial and operating results for fourth quarter and full-year...
Summit Midstream Corporation Schedules Fourth Quarter 2025 Earnings Call
HOUSTON, Feb. 27, 2026 /PRNewswire/ -- Summit Midstream Corporation (NYSE: SMC) ("Summit", "SMC" or the "Company") announced today that it will report operating and financial results for the fourth qu...
Summit Midstream Appoints Chris Tennant as Chief Commercial Officer
HOUSTON, Feb. 2, 2026 /PRNewswire/ -- Summit Midstream Corporation (NYSE: SMC) ("Summit", "SMC" or the "Company") announced today that Chris Tennant will join the Company as Senior Vice President and...
Summit Midstream Earnings Call Transcript: Q3 2025
Third quarter adjusted EBITDA rose over 7% sequentially to $65.5 million, with strong well connect activity and record Double E Pipeline volumes. Capital optimization and new contracts support growth into 2026, despite some well connect delays.
Summit Midstream Corporation Reports Third Quarter 2025 Financial and Operating Results
HOUSTON , Nov. 10, 2025 /PRNewswire/ -- Summit Midstream Corporation (NYSE: SMC) ("Summit", "SMC" or the "Company") announced today its financial and operating results for the three months ended Sept...
Summit Midstream Corporation Schedules Third Quarter 2025 Earnings Call
HOUSTON , Oct. 28, 2025 /PRNewswire/ -- Summit Midstream Corporation (NYSE: SMC) ("Summit", "SMC" or the "Company") announced today that it will report operating and financial results for the third qu...
Summit Midstream Earnings Call Transcript: Q2 2025
Second quarter adjusted EBITDA was $61 million, slightly below expectations due to DJ Basin delays and lower prices. Commercial progress included new 10-year agreements in Williston and Permian, with strong development activity and volume growth expected in 2026.
Summit Midstream Corporation Reports Second Quarter 2025 Financial and Operating Results
HOUSTON , Aug. 12, 2025 /PRNewswire/ -- Summit Midstream Corporation (NYSE: SMC) ("Summit", "SMC" or the "Company") announced today its financial and operating results for the three months ended June...
Summit Midstream Corporation Schedules Second Quarter 2025 Earnings Call
HOUSTON , July 31, 2025 /PRNewswire/ -- Summit Midstream Corporation (NYSE: SMC) ("Summit", "SMC" or the "Company") announced today that it will report operating and financial results for the second q...
Summit Midstream Corporation Announces 2024 K-3 Tax Form Availability
HOUSTON , July 9, 2025 /PRNewswire/ -- Summit Midstream Corporation (NYSE: SMC) ("Summit", "SMC" or the "Corporation") announced today that its 2024 Schedule K-3 packages for Summit Midstream Partners...
Summit Midstream Earnings Call Transcript: Q1 2025
Q1 2025 saw strong liquidity from new debt, a key acquisition, and higher well connections. Adjusted EBITDA reached $57.5 million, with full-year guidance reiterated despite crude price volatility. Natural gas strength and operational growth in key segments support a positive outlook.
Summit Midstream Corporation Reports First Quarter 2025 Financial and Operating Results
HOUSTON , May 7, 2025 /PRNewswire/ -- Summit Midstream Corporation (NYSE: SMC) ("Summit", "SMC" or the "Company") announced today its financial and operating results for the three months ended March ...
Summit Midstream Corporation Schedules First Quarter 2025 Earnings Call
HOUSTON , April 25, 2025 /PRNewswire/ -- Summit Midstream Corporation (NYSE: SMC) ("Summit", "SMC" or the "Company") announced today that it will report operating and financial results for the first q...
Summit Midstream Corporation Announces 2024 K-1 Tax Package Availability
HOUSTON , March 28, 2025 /PRNewswire/ -- Summit Midstream Corporation (NYSE: SMC) ("Summit", "SMC" or the "Corporation") announced today that its 2024 tax packages for Summit Midstream Partners, LP, i...
Summit Midstream Earnings Call Transcript: Q4 2024
2024 saw transformational transactions, including major divestitures, acquisitions, and a C-corp conversion, driving leverage reduction and a doubling of share price. 2025 guidance calls for strong adjusted EBITDA, significant free cash flow, and continued growth in key basins.
Summit Midstream Corporation Reports Fourth Quarter and Full-Year 2024 Financial and Operating Results & Provides Full-Year 2025 Guidance
HOUSTON , March 10, 2025 /PRNewswire/ -- Summit Midstream Corporation (NYSE: SMC) ("Summit", "SMC" or the "Company") announced today its financial and operating results for fourth quarter and full-yea...
Summit Midstream Corporation Announces the Acquisition of Moonrise Midstream and Provides DJ Basin Operational Update
HOUSTON , March 10, 2025 /PRNewswire/ -- Summit Midstream Corporation (NYSE: SMC) ("Summit", "SMC" or the "Company") announced today that its wholly owned subsidiary, Summit Midstream Holdings, LLC (...
Summit Midstream Corporation Announces Resumption of Preferred Dividend in First Quarter 2025
HOUSTON , Feb. 28, 2025 /PRNewswire/ -- Summit Midstream Corporation (NYSE: SMC) ("SMC" or the "Company") announced today that the board of directors of the Company, has declared a quarterly cash divi...
Summit Midstream Corporation Announces Pricing of Offering of $250 Million of Additional 8.625% Senior Secured Second Lien Notes Due 2029
HOUSTON , Jan. 7, 2025 /PRNewswire/ -- Summit Midstream Corporation (NYSE: SMC) ("SMC" or the "Company") announced today that Summit Midstream Holdings, LLC (the "Issuer"), which is a subsidiary of th...
Summit Midstream Corporation Announces Proposed Offering of $250 Million of Additional 8.625% Senior Secured Second Lien Notes Due 2029
HOUSTON , Jan. 7, 2025 /PRNewswire/ -- Summit Midstream Corporation (NYSE: SMC) ("SMC" or the "Company") announced today that Summit Midstream Holdings, LLC (the "Issuer"), which is a subsidiary of th...
Summit Midstream Corporation Completes Acquisition of Tall Oak Midstream III
HOUSTON , Dec. 2, 2024 /PRNewswire/ --Summit Midstream Corporation (NYSE: SMC) ("Summit", "SMC" or the "Company") announced today that it and its wholly owned subsidiary, Summit Midstream Partners, LP...
Summit Midstream Corporation Correction to Access Link for Virtual Shareholder Meeting
HOUSTON , Nov. 29, 2024 /PRNewswire/ -- Summit Midstream Corporation (NYSE: SMC) ("Summit", "SMC" or the "Company") provides a correction to access link for Virtual Shareholder Meeting. Correction to ...
Summit Midstream Earnings Call Transcript: Q3 2024
Q3 2024 Adjusted EBITDA grew 9% to $45.2 million, driven by operational improvements and strategic transactions, including a C-corp conversion and the Tall Oak Midstream acquisition. Net loss was $197 million due to a non-cash tax expense, while segment performance and future outlook remain strong.