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SMCSummit Midstream Corporation

NYSE · Energy · Oil & Gas Midstream

$34.96

+$0.13 (+0.37%)

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

0

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.

SMC annual income statement across FY2024, FY2023
LineFY2024FY2023
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
Phone
(832) 413-4770
IPO / Founded
2024-08-01
Sector
Energy
Industry
Oil & Gas Midstream
Data Updated:

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