Summit Midstream Overview
- Year Founded
-
2009
- Status
-
Public
- Employees
-
272
- Stock Symbol
-
SMC
- Investments
-
15
- Share Price
-
$37.49
- (As of Thursday Closing)
Summit Midstream General Information
Description
Summit Midstream Corp is a value-driven corporation focused on developing, owning and operating midstream energy infrastructure assets strategically located in unconventional resource basins, shale formations, in the continental U.S. It currently operates natural gas, crude oil and produced water gathering systems in four unconventional resource basins: the Williston Basin in North Dakota, which includes the Bakken and Three Forks shale formations; the Denver-Julesburg Basin, which includes the Niobrara and Codell shale formations in Colorado and Wyoming; the Fort Worth Basin in Texas, which includes the Barnett Shale formation; and the Piceance Basin in Colorado, which includes the liquids-rich Mesaverde formation as well as the emerging Mancos and Niobrara Shale formations.
Contact Information
Website
www.summitmidstream.comCorporate Office
- 910 Louisiana Street
- Suite 4200
- Houston, TX 77002
- United States
Corporate Office
- 910 Louisiana Street
- Suite 4200
- Houston, TX 77002
- United States
Summit Midstream Timeline
Summit Midstream Stock Performance
As of 20-Mar-2025, Summit Midstream’s stock price is $37.49. Its current market cap is $454M with 12.1M shares.
(As of Thursday Closing)
| Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
|---|---|---|---|---|---|---|
| $37.49 | $37.93 | $19.20 - $45.89 | $454M | 12.1M | 82.3K | -$12.78 |
Summit Midstream Financials Summary
As of 31-Dec-2024, Summit Midstream has a trailing 12-month revenue of $430M.
|
In Thousands, USD |
TTM 31-Dec-2024 | FY 2024 31-Dec-2024 | FY 2023 31-Dec-2023 | FY 2022 31-Dec-2022 |
|---|---|---|---|---|
| EV | 1,579,659 | 1,579,659 | 1,840,164 | 1,531,968 |
| Revenue | 429,619 | 429,619 | 458,903 | 369,594 |
| EBITDA | 250,535 | 250,535 | 225,861 | 81,175 |
| Total Assets | 2,359,484 | 2,359,484 | 2,494,198 | 2,559,964 |
| Total Debt | 993,575 | 993,575 | 1,470,690 | 1,490,362 |
Summit Midstream Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Summit Midstream Comparisons
Industry
Financing
Details
Summit Midstream Competitors (13)
One of Summit Midstream’s 13 competitors is EnLink Midstream, a Corporate Backed or Acquired company based in Dallas, TX.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| EnLink Midstream | Corporate Backed or Acquired | Dallas, TX | ||||
| Targa Resources | Formerly PE-Backed | Houston, TX | ||||
| CNX Midstream Partners | Corporate Backed or Acquired | Canonsburg, PA | ||||
| Energy Transfer | Corporate Backed or Acquired | Dallas, TX | ||||
| ONEOK | Corporation | Tulsa, OK |
Summit Midstream Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Summit Midstream Investors
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|
Summit Midstream Investments & Acquisitions (15)
Summit Midstream’s most recent deal was a Merger/Acquisition with Moonrise Midstream for . The deal was made on 10-Mar-2025.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Moonrise Midstream | 10-Mar-2025 | Merger/Acquisition | Energy Infrastructure | ||
| Tall Oak Midstream | 02-Dec-2024 | Merger/Acquisition | Other Energy Services | ||
| Clariter | 06-Mar-2023 | PE Growth/Expansion | Specialty Chemicals | ||
| Outrigger DJ Midstream | 01-Dec-2022 | Corporate Asset Purchase | Other Energy | ||
| Sterling Energy Investments | 01-Dec-2022 | Merger/Acquisition | Energy Transportation |
Summit Midstream ESG
Risk Overview
Risk Rating
Updated October, 17, 2024
42.88 | Severe Risk
Risk Scale
A lower score indicates better sustainability
Negl
0-10
Low
10-20
Med
20-30
High
30-40
Severe
40+
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues
Management
Management is related to actions taken to manage ESG issues
Peers Analysis
Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.
Global
Covered Companies
of 15,035
Rank
Percentile
Refiners & Pipelines
Industry
of 193
Rank
Percentile
Oil & Gas Storage and Transportation
Subindustry
of 106
Rank
Percentile
Summit Midstream Exits (4)
Summit Midstream’s most recent exit was on 03-Jun-2014 from Utica Position. The exit was categorized as .
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| Utica Position | 03-Jun-2014 | Completed |
|
||
| Utica Position | 28-Jan-2014 | Completed |
|
||
| Mountaineer Midstream Company | 21-Jun-2013 | Completed |
|
||
| Summit Midstream Partners (Bison Midstream in North Dakota) | 04-Jun-2013 | Corporate Asset Purchase | Completed |
Summit Midstream Affiliates
Subsidiaries (2)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Tall Oak Midstream | Edmond, OK | 2014 | |
| Summit Midstream Partners (Bison Midstream in North Dakota) | ND |
Summit Midstream FAQs
-
When was Summit Midstream founded?
Summit Midstream was founded in 2009.
-
Where is Summit Midstream headquartered?
Summit Midstream is headquartered in Houston, TX.
-
What is the size of Summit Midstream?
Summit Midstream has 272 total employees.
-
What industry is Summit Midstream in?
Summit Midstream’s primary industry is Energy Infrastructure.
-
Is Summit Midstream a private or public company?
Summit Midstream is a Public company.
-
What is Summit Midstream’s stock symbol?
The ticker symbol for Summit Midstream is SMC.
-
What is the current stock price of Summit Midstream?
As of 20-Mar-2025 the stock price of Summit Midstream is $37.49.
-
What is the current market cap of Summit Midstream?
The current market capitalization of Summit Midstream is $454M.
-
What is Summit Midstream’s current revenue?
The trailing twelve month revenue for Summit Midstream is $430M.
-
Who are Summit Midstream’s competitors?
EnLink Midstream, Targa Resources, CNX Midstream Partners, Energy Transfer, and ONEOK are some of the 13 competitors of Summit Midstream.
-
What is Summit Midstream’s annual earnings per share (EPS)?
Summit Midstream’s EPS for 12 months was -$12.78.
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