
SMC — Summit Midstream Corporation
NYSE · Energy · Oil & Gas Midstream
$34.66
-$0.30 (-0.84%)
Summit Midstream Corporation (SMC) is a oil & gas midstream company listed on NYSE. It is led by J. Heath Deneke, based in 910 Louisiana Street, Houston, TX, United States, 77002, with about 272 employees. Summit Midstream Corporation focuses on owning, developing, and operating midstream energy infrastructure assets primarily shale formations in the continental United States. The company operates through Rockies, Permian, Piceance, Mid-Con, and Northeast segments. It owns, develops, and operates natural gas, crude oil, produced water gathering systems, and transmission pipelines. The company serves natural gas and crude oil producers. Summit Midstream Corporation was founded in 2009 and is based in Houston, Texas.
Latest reported SMC revenue for 2025-09-30 was $146.9M. Net income was $5.0M. Revenue was up 4.8% from 2025-06-30 to 2025-09-30. SMC currently screens at market cap $368.3M and trailing P/E 5.6.
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About Summit Midstream Corporation
Summit Midstream Corporation focuses on owning, developing, and operating midstream energy infrastructure assets primarily shale formations in the continental United States. The company operates through Rockies, Permian, Piceance, Mid-Con, and Northeast segments. It owns, develops, and operates natural gas, crude oil, produced water gathering systems, and transmission pipelines. The company serves natural gas and crude oil producers. Summit Midstream Corporation was founded in 2009 and is based in Houston, Texas.
SMC Key Statistics
Market Cap
$368.34M
Volume
8,671
Previous Close
$34.13
Day Range
$33.56 – $34.13
P/E Ratio
5.59
EPS
-$12.78
Revenue
$429.62M
Net Income
-$113.17M
Gross Profit
$0.00
Free Cash Flow
$0.00
Revenue Growth
-6.4%
Profit Margin
-26.3%
Employees
272
SMC Financials
Annual income statement in USD. Latest reported periods first.
| Line | FY2024 | FY2023 |
|---|---|---|
| Revenue | $429.62M | $458.90M |
| Cost of Revenue | $0.00 | $0.00 |
| Gross Profit | $0.00 | $0.00 |
| Operating Income | $0.00 | $0.00 |
| Net Income | -$113.17M | -$38.95M |
| EPS (Diluted) | -$12.78 | -$6.11 |
Total Assets
$2.36B
Total Debt
$0.00
Shareholders' Equity
$0.00
Cash & Equivalents
$22.82M
Operating Cash Flow
$61.77M
Free Cash Flow
$0.00
Summit Midstream Corporation Company Information
- President, CEO & Chairman
- J. Heath Deneke
- Headquarters
- 910 Louisiana Street, Houston, TX, United States, 77002
- Website
- www.summitmidstream.com
- Phone
- (832) 413-4770
- IPO / Founded
- 2024-08-01
- Sector
- Energy
- Industry
- Oil & Gas Midstream