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SMC
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Summit Midstream Corporation (SMC)

Upturn stock ratingUpturn stock rating
$20.09
Last Close (24-hour delay)
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PASS
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  • SELL Advisory (Loss)​
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Upturn Advisory Summary

08/14/2025: SMC (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

0 Analysts rated it

Very few follow this stock; limited insights, higher-risk early investing.

Analysis of Past Performance

Type Stock
Historic Profit 50.5%
Avg. Invested days 43
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 2.0
Stock Returns Performance Upturn Returns Performance 3.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 08/14/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 368.34M USD
Price to earnings Ratio 5.59
1Y Target Price -
Price to earnings Ratio 5.59
1Y Target Price -
Volume (30-day avg) -
Beta 2.38
52 Weeks Range 24.39 - 45.89
Updated Date 04/12/2025
52 Weeks Range 24.39 - 45.89
Updated Date 04/12/2025
Dividends yield (FY) -
Basic EPS (TTM) 6.19

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 20.85%
Operating Margin (TTM) 10.04%

Management Effectiveness

Return on Assets (TTM) 2.26%
Return on Equity (TTM) 10.84%

Valuation

Trailing PE 5.59
Forward PE 5.44
Enterprise Value 1139714048
Price to Sales(TTM) 0.78
Enterprise Value 1139714048
Price to Sales(TTM) 0.78
Enterprise Value to Revenue 2.43
Enterprise Value to EBITDA 5.64
Shares Outstanding 10648700
Shares Floating 10649000
Shares Outstanding 10648700
Shares Floating 10649000
Percent Insiders 13.33
Percent Institutions 33.71

ai summary icon Upturn AI SWOT

Summit Midstream Corporation

stock logo

Company Overview

overview logo History and Background

Summit Midstream Corporation was founded in 2009. Initially focused on shale gas development, it expanded through acquisitions to become a diversified midstream energy company. A significant milestone was its initial public offering (IPO) in 2012. The company has evolved to focus on gathering, processing, and transmission services for natural gas and crude oil.

business area logo Core Business Areas

  • Utica: Provides natural gas gathering and processing services in the Utica Shale region.
  • Piceance: Provides natural gas gathering and processing services in the Piceance Basin.
  • DJ Basin: Provides crude oil gathering, water handling, and produced water disposal services in the DJ Basin.
  • Permian Basin: Offers crude oil gathering and water handling services in the Permian Basin.

leadership logo Leadership and Structure

Heath Deneke serves as the President, Chief Executive Officer, and Chairman of the Board. The company operates with a board of directors and a management team overseeing various operational and financial aspects.

Top Products and Market Share

overview logo Key Offerings

  • Natural Gas Gathering: Gathering natural gas from wellheads and transporting it to processing plants or pipelines. Market share data is not readily available. Competitors include Energy Transfer (ET) and Kinder Morgan (KMI).
  • Natural Gas Processing: Processing raw natural gas to remove impurities and separate valuable hydrocarbons. Market share data is not readily available. Competitors include DCP Midstream and Targa Resources (TRGP).
  • Crude Oil Gathering: Gathering crude oil from wellheads and transporting it to pipelines or storage facilities. Market share data is not readily available. Competitors include Plains All American Pipeline (PAA) and Enterprise Products Partners (EPD).
  • Water Handling and Disposal: Handling and disposing of produced water from oil and gas operations. Market share data is not readily available. Competitors include Select Energy Services and Tetra Technologies (TTI).

Market Dynamics

industry overview logo Industry Overview

The midstream energy industry is driven by the production of oil and natural gas. Demand for midstream services fluctuates with commodity prices and production levels. Environmental regulations and infrastructure development also significantly influence the industry.

Positioning

Summit Midstream Corporation operates in key shale basins and focuses on providing essential gathering, processing, and transportation services. It aims to differentiate itself through operational efficiency and customer relationships.

Total Addressable Market (TAM)

The midstream sector's TAM is estimated to be in the hundreds of billions of dollars globally. Summit Midstream Corporation focuses on specific regions and services, capturing a portion of this TAM through its assets and operational footprint.

Upturn SWOT Analysis

Strengths

  • Strategic asset locations in key basins
  • Integrated service offerings
  • Strong customer relationships
  • Experienced management team

Weaknesses

  • High debt levels
  • Exposure to commodity price fluctuations
  • Geographic concentration in certain basins
  • Dependence on upstream producers

Opportunities

  • Expansion of existing infrastructure
  • Acquisition of complementary assets
  • Increased demand for natural gas
  • Development of new markets for produced water disposal

Threats

  • Declining oil and gas production
  • Increased regulatory scrutiny
  • Competition from other midstream companies
  • Economic downturn

Competitors and Market Share

competitor logo Key Competitors

  • ET
  • KMI
  • TRGP
  • EPD
  • WMB

Competitive Landscape

Summit Midstream faces competition from larger, more diversified midstream companies. Its advantages may include strategic asset locations and operational efficiency, while disadvantages may include smaller scale and higher debt levels.

Major Acquisitions

DM Midstream

  • Year: 2016
  • Acquisition Price (USD millions): 310
  • Strategic Rationale: Expanded presence in the Utica Shale and enhanced gathering and processing capabilities.

Growth Trajectory and Initiatives

Historical Growth: Analyze past revenue and asset growth, driven by acquisitions and organic development.

Future Projections: Future growth projections depend on analyst estimates. Look for analyst reports and financial news sources for projections.

Recent Initiatives: Expansion projects, strategic acquisitions, and operational improvements

Summary

Summit Midstream Corporation is a midstream energy company with assets in key shale basins. While strategically positioned, its high debt and commodity price exposure pose challenges. Growth opportunities exist through infrastructure expansion and acquisitions, but competition and regulatory risks need careful management. The company must balance growth initiatives with financial prudence to ensure long-term sustainability.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company SEC Filings (10-K, 10-Q)
  • Company Investor Relations
  • Financial News Articles
  • Industry Reports
  • Analyst Reports

Disclaimers:

This analysis is based on publicly available information and is not financial advice. Market conditions and company-specific events can impact future performance. Consult a financial professional before making investment decisions.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Summit Midstream Corporation

Exchange NYSE
Headquaters Houston, TX, United States
IPO Launch date 2024-08-01
President, CEO & Chairman Mr. J. Heath Deneke
Sector Energy
Industry Oil & Gas Midstream
Full time employees 272
Full time employees 272

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.