Summit Midstream Corporation (SMC)

NYSE: SMC · Real-Time Price · USD
32.04
-0.40 (-1.23%)
At close: May 21, 2026, 4:00 PM EDT
32.04
0.00 (0.00%)
After-hours: May 21, 2026, 7:00 PM EDT
Market Cap442.61M +37.1%
Revenue (ttm)569.47M +28.1%
Net Income-22.98M
EPS-1.87
Shares Out 13.81M
PE Ration/a
Forward PE34.30
Dividendn/a
Ex-Dividend Daten/a
Volume76,032
Open32.45
Previous Close32.44
Day's Range31.12 - 33.27
52-Week Range19.13 - 33.50
Beta0.84
AnalystsStrong Buy
Price Target51.00 (+59.18%)
Earnings DateMay 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.

Sector Energy
IPO Date Sep 28, 2012
Employees 296
Stock Exchange NYSE
Ticker Symbol SMC
Full Company Profile

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 Statements

Analyst Summary

According to one analyst, the rating for SMC stock is "Strong Buy" and the 12-month stock price target is $51.0.

Price Target
$51.0
(59.18% upside)
Analyst Consensus: Strong Buy

News

Summit Midstream Partners Q1 Earnings Call Highlights

Summit Midstream Partners NYSE: SMC said first-quarter 2026 results were broadly in line with expectations, as strength in its Rockies business helped offset weaker volumes and lower realized residue ...

6 days ago - MarketBeat

Summit Midstream Earnings Call Transcript: Q1 2026

Q1 2026 Adjusted EBITDA was $54.2M, with strong Rockies performance offsetting Arkoma weakness. Guidance remains at the midpoint, supported by higher crude prices, robust LNG demand, and new Double E contracts. Leverage reduction and dividend reinstatement are key priorities.

9 days ago - Transcripts

Summit Midstream Earnings release: Q1 2026

Summit Midstream released its Q1 2026 earnings on May 12, 2026, summarizing the period's financial results.

9 days ago - Filings

Summit Midstream Quarterly report: Q1 2026

Summit Midstream has published its Q1 2026 quarterly earnings report on May 12, 2026.

9 days ago - Filings

Summit Midstream Slides: Investor presentation

Summit Midstream has posted slides in relation to its latest quarterly earnings report, which was published on May 12, 2026.

9 days ago - Filings

Summit Midstream reports Q1 EPS (43c) vs. (16c) last year

Reports Q1 revenue $139.14M vs. $132.70 last year. Average daily natural gas throughput on its wholly owned, operated systems decreased 2.7% to 870 MMcf/d, while liquids volumes decreased 3.0% to…

10 days ago - TheFly

Summit Midstream Corporation Reports First Quarter 2026 Financial and Operating Results

HOUSTON, May 11, 2026 /PRNewswire/ -- Summit Midstream Corporation (NYSE: SMC) ("Summit", "SMC" or the  "Company") announced today its financial and operating results for the three months ended March ...

10 days ago - PRNewsWire

Summit Midstream Corporation Schedules First Quarter 2026 Earnings Call

HOUSTON, April 29, 2026 /PRNewswire/ -- Summit Midstream Corporation (NYSE: SMC) ("Summit", "SMC" or the "Company") announced today that it will report operating and financial results for the first qu...

22 days ago - PRNewsWire

Summit Midstream Proxy statement: Proxy filing

Summit Midstream filed a proxy statement on April 10, 2026, providing details for shareholder voting and corporate governance matters.

5 weeks ago - Filings

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...

7 weeks ago - PRNewsWire

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.

2 months ago - Transcripts

Summit Midstream Earnings release: Q4 2025

Summit Midstream released its Q4 2025 earnings on March 17, 2026, summarizing the period's financial results.

2 months ago - Filings

Summit Midstream Slides: Q4 2025

Summit Midstream has posted slides in relation to its Q4 2025 quarterly earnings report, which was published on March 17, 2026.

2 months ago - Filings

Summit Midstream Annual report: Q4 2025

Summit Midstream has published its Q4 2025 annual report on March 17, 2026.

2 months ago - Filings

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...

2 months ago - PRNewsWire

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...

2 months ago - PRNewsWire

Summit Midstream names Chris Tennant as Chief Commercial Officer

Summit Midstream (SMC) announced that Chris Tennant will join the company as Senior Vice President and Chief Commercial Officer, effective immediately. In this role, Chris will be responsible for over...

Other symbols: MTDR
3 months ago - TheFly

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...

3 months ago - PRNewsWire

Summit Midstream initiated with an Outperform at Noble Capital

Noble Capital analyst Mark Reichman initiated coverage of Summit Midstream (SMC) with an Outperform rating and $47 price target The diversified midstream operator focused on developing, owning, and op...

5 months ago - TheFly

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.

6 months ago - Transcripts

Summit Midstream Earnings release: Q3 2025

Summit Midstream released its Q3 2025 earnings on November 11, 2025, summarizing the period's financial results.

6 months ago - Filings

Summit Midstream Quarterly report: Q3 2025

Summit Midstream has published its Q3 2025 quarterly earnings report on November 11, 2025.

6 months ago - Filings

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...

6 months ago - PRNewsWire

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...

7 months ago - PRNewsWire

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.

10 months ago - Transcripts