summit midstream corp - SMC

SMC

Close Chg Chg %
27.61 -0.24 -0.85%

Closed Market

27.38

-0.24 (0.85%)

Volume: 33.88K

Last Updated:

Dec 24, 2025, 12:43 PM EDT

Company Overview: summit midstream corp - SMC

SMC Key Data

Open

$26.98

Day Range

26.98 - 27.74

52 Week Range

19.13 - 45.89

Market Cap

$337.94M

Shares Outstanding

12.26M

Public Float

10.11M

Beta

0.87

Rev. Per Employee

N/A

P/E Ratio

N/A

EPS

-$3.34

Yield

0.00%

Dividend

$0.13

EX-DIVIDEND DATE

Feb 6, 2020

SHORT INTEREST

N/A

AVERAGE VOLUME

57.29K

 

SMC Performance

1 Week
 
3.02%
 
1 Month
 
9.11%
 
3 Months
 
21.15%
 
1 Year
 
-25.11%
 
5 Years
 
108.07%
 

SMC Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 1
Full Ratings ➔

About summit midstream corp - SMC

Summit Midstream Corp. engages in developing, owning, and operating midstream energy infrastructure assets. It operates through the following segments: Rockies, Permian, Piceance, Mid-Con, and Northeast. The Rockies segment includes the midstream assets located in the Williston Basin and the DJ Basin. The Permian segment refers to the equity method investment in Double E. The Piceance segment is involved in the midstream assets located in the Piceance Basin. The Mid-Con segment focuses on the midstream assets located in the Barnett Shale and Arkoma Basin. The Northeast segments cover its previously owned midstream assets located in the Utica and Marcellus shale plays, and the previously owned equity method investment in Ohio Gathering that was focused on the Utica Shale. The company was founded on May 14, 2024 and is headquartered in Houston, TX.

SMC At a Glance

Summit Midstream Corp.
910 Louisiana Street
Houston, Texas 77002
Phone 1-832-413-4770 Revenue 429.62M
Industry Oil & Gas Pipelines Net Income -107,353,000.00
Sector Industrial Services Employees 272
Fiscal Year-end 12 / 2025
View SEC Filings

SMC Valuation

P/E Current N/A
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) N/A
Price to Sales Ratio 0.932
Price to Book Ratio 1.126
Price to Cash Flow Ratio 6.48
Enterprise Value to EBITDA 13.34
Enterprise Value to Sales 4.938
Total Debt to Enterprise Value 0.474

SMC Efficiency

Revenue/Employee 1,579,481.618
Income Per Employee -394,680.147
Receivables Turnover 5.575
Total Asset Turnover 0.177

SMC Liquidity

Current Ratio 0.677
Quick Ratio 0.677
Cash Ratio 0.144

SMC Profitability

Gross Margin 26.304
Operating Margin 13.371
Pretax Margin 7.798
Net Margin -24.988
Return on Assets -4.424
Return on Equity -14.869
Return on Total Capital -6.683
Return on Invested Capital -5.52

SMC Capital Structure

Total Debt to Total Equity 167.412
Total Debt to Total Capital 62.605
Total Debt to Total Assets 42.624
Long-Term Debt to Equity 274.622
Long-Term Debt to Total Capital 61.125
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Summit Midstream Corp - SMC

Collapse All in section
All values USD millions. 2021 2022 2023 2024 5-year trend
Sales/Revenue
400.62M 369.59M 458.90M 429.62M
Sales Growth
+4.47% -7.74% +24.16% -6.38%
Cost of Goods Sold (COGS) incl D&A
275.22M 280.03M 335.97M 316.61M
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
121.10M 120.69M 124.99M 101.58M
Depreciation
91.81M 94.30M 96.59M 85.61M
Amortization of Intangibles
29.28M 26.40M 28.39M 15.97M
COGS Growth
+14.29% +1.75% +19.97% -5.76%
Gross Income
125.39M 89.56M 122.94M 113.01M
Gross Income Growth
-12.10% -28.58% +37.27% -8.08%
Gross Profit Margin
+31.30% +24.23% +26.79% +26.30%
2021 2022 2023 2024 5-year trend
SG&A Expense
34.85M 31.74M 42.13M 55.56M
Research & Development
- - - -
-
Other SG&A
34.85M 31.74M 42.13M 55.56M
SGA Growth
-50.13% -8.92% +32.74% +31.87%
Other Operating Expense
- - - -
-
Unusual Expense
52.30M 111.81M 15.38M 149.46M
EBIT after Unusual Expense
38.24M (53.99M) 65.42M (92.01M)
Non Operating Income/Expense
(244.00K) 15.18M 2.91M 240.96M
Non-Operating Interest Income
- - - -
-
Equity in Earnings of Affiliates
- - - 24.20M
-
Interest Expense
66.16M 102.46M 140.78M 115.45M
Interest Expense Growth
-16.15% +54.87% +37.41% -18.00%
Gross Interest Expense
67.69M 103.30M 142.07M 116.61M
Interest Capitalized
1.53M 838.00K 1.28M 1.16M
Pretax Income
(28.16M) (141.28M) (72.45M) 33.50M
Pretax Income Growth
-115.85% -401.77% +48.71% +146.24%
Pretax Margin
-7.03% -38.22% -15.79% +7.80%
Income Tax
(327.00K) 325.00K 322.00K 146.68M
Income Tax - Current - Domestic
- - - (135.00K)
-
Income Tax - Current - Foreign
- - - -
-
Income Tax - Deferred - Domestic
- - - 146.81M
-
Income Tax - Deferred - Foreign
- - - -
-
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - 24.20M
-
Other After Tax Income (Expense)
- - - 20.97M
-
Consolidated Net Income
(19.95M) (102.49M) (38.95M) (113.17M)
Minority Interest Expense
- - - (5.82M)
-
Net Income
(19.95M) (102.49M) (38.95M) (107.35M)
Net Income Growth
-106.58% -413.75% +62.00% -175.64%
Net Margin Growth
-4.98% -27.73% -8.49% -24.99%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
(19.95M) (102.49M) (38.95M) (107.35M)
Preferred Dividends
24.34M 25.19M 24.15M 28.14M
Net Income Available to Common
(44.29M) (127.68M) (63.09M) (135.50M)
EPS (Basic)
-6.57 -12.7069 -6.1055 -12.7826
EPS (Basic) Growth
-108.97% -93.41% +51.95% -109.36%
Basic Shares Outstanding
6.74M 10.05M 10.33M 10.60M
EPS (Diluted)
-6.57 -12.7069 -6.1055 -12.7826
EPS (Diluted) Growth
-109.23% -93.41% +51.95% -109.36%
Diluted Shares Outstanding
6.74M 10.05M 10.33M 10.60M
EBITDA
211.64M 178.51M 205.79M 159.03M
EBITDA Growth
+8.49% -15.65% +15.28% -22.72%
EBITDA Margin
+52.83% +48.30% +44.84% +37.02%

Snapshot

Average Recommendation BUY Average Target Price 22.00
Number of Ratings 1 Current Quarters Estimate N/A
FY Report Date 12 / 2025 Current Year's Estimate -0.95
Last Quarter’s Earnings -0.13 Median PE on CY Estimate N/A
Year Ago Earnings N/A Next Fiscal Year Estimate 1.03
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 1 1 1 1
Mean Estimate 0.00 0.30 -0.95 1.03
High Estimates 0.00 0.30 -0.95 1.03
Low Estimate 0.00 0.30 -0.95 1.03
Coefficient of Variance N/A N/A N/A N/A

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 1 0 0
OVERWEIGHT 0 0 0
HOLD 0 1 1
UNDERWEIGHT 0 0 0
SELL 0 0 0
MEAN Buy Hold Hold

Insider Actions for Summit Midstream Corp - SMC

Date Name Shares Transaction Value
Mar 25, 2025 Lee Jacobe Director 9,580 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 24, 2025 J. Heath Deneke Chairman, President and CEO 273,270 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $37.63 per share 10,283,150.10
Mar 24, 2025 J. Heath Deneke Chairman, President and CEO 273,170 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $38.15 per share 10,421,435.50
Mar 24, 2025 J. Heath Deneke Chairman, President and CEO 272,170 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $37.73 per share 10,268,974.10
Mar 24, 2025 J. Heath Deneke Chairman, President and CEO 271,170 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $36.3 per share 9,843,471.00
Mar 21, 2025 Jerry L. Peters Director 29,946 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $38 per share 1,137,948.00
Mar 21, 2025 Jerry L. Peters Director 23,246 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $37.4 per share 869,400.40
Mar 12, 2025 J. Heath Deneke Chairman, President and CEO 234,526 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $37.7 per share 8,841,630.20
Mar 12, 2025 J. Heath Deneke Chairman, President and CEO 234,326 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $38.55 per share 9,033,267.30

Summit Midstream Corp in the News