Summit Midstream Partners, LP SMC
- Market cap
- $631.8M
- P/E
- 0.0×
Follow SMC
Target Price Range
Analyst price targets
Free account| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 165.90 | 274.50 | 150.60 | 42.15 | 7.50 | 12.40 | 11.52 | 13.00 | 15.56 | 19.13 |
Analyst estimates 2026–2028 Powerpack |
Low Price
|
||
| 382.50 | 397.50 | 344.25 | 216.75 | 55.05 | 46.64 | 26.22 | 21.40 | 40.75 | 45.89 |
High Price
|
|||
| — | — | — | — | — | — | — | — | — | — | Employees | |||
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Revenue/Emp
|
|||
| 402 | 489 | 507 | 444 | 383 | 401 | 370 | 459 | 430 | 562 |
Revenue
|
|||
| 69.49% | 69.08% | 59.63% | 63.44% | 68.01% | 61.02% | 56.44% | 53.54% | 49.73% | 46.93% |
Gross Margin
|
|||
| (8) | 89 | 53 | (55) | 178 | (28) | (141) | (72) | 9 | (23) |
EBT
|
|||
| (1.93%) | 18.13% | 10.51% | (12.32%) | 46.33% | (7.03%) | (38.22%) | (15.79%) | 2.17% | (4.13%) |
EBT Margin
|
|||
| (38) | 86 | 42 | (394) | 189 | (20) | (123) | (39) | (113) | (2) |
Net Income
|
|||
| 117 | 119 | 111 | 118 | 126 | 127 | 129 | 136 | 113 | 119 |
Depreciation
|
|||
| 88.37 | 100.78 | 103.62 | 146.82 | 106.76 | 59.43 | 36.78 | 44.41 | 40.53 | 46.33 |
Revenue/Sh
|
|||
| (10.64) | 14.84 | 0.90 | (72.56) | 52.64 | (6.57) | (12.71) | (6.11) | (12.78) | (1.61) |
Earnings/Sh
|
|||
| 50.62 | 49.04 | 46.62 | 53.54 | 55.29 | 24.49 | 9.83 | 12.28 | 5.83 | 11.01 |
Cash Flow/Sh
|
|||
| (31.34) | (25.14) | (40.92) | (26.54) | (12.01) | (2.53) | (2.54) | (6.64) | (4.64) | (7.34) |
Capex/Sh
|
|||
| 19.28 | 23.90 | 5.69 | 27.00 | 43.28 | 21.97 | 7.29 | 5.64 | 1.18 | 3.67 |
Free CF/Sh
|
|||
| 256.89 | 286.57 | 249.77 | 259.93 | 256.93 | 134.16 | 76.12 | 69.53 | 91.05 | 78.02 |
Book Value/Sh
|
|||
| 5 | 5 | 5 | 3 | 4 | 7 | 10 | 10 | 11 | 12 |
Shares
|
|||
| 0.00 | 21.68 | 167.57 | 0.00 | 0.23 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
PE Ratio
|
|||
| 4.22 | 3.19 | 1.45 | 0.34 | 0.12 | 0.37 | 0.44 | 0.41 | 0.93 | 0.58 |
PS Ratio
|
|||
| 1.45 | 1.42 | 0.79 | 0.31 | 0.06 | 0.20 | 0.24 | 0.30 | 0.47 | 0.39 |
PB Ratio
|
|||
| 7.28 | 5.34 | 3.93 | 3.93 | 3.99 | 5.61 | 4.44 | 3.57 | 3.19 | 2.40 |
EV/Sales
|
|||
| 33.38 | 22.52 | 71.50 | 21.34 | 9.85 | 15.18 | 22.40 | 28.15 | 108.98 | 30.29 |
EV/FCF
|
|||
| 230 | 238 | 228 | 162 | 199 | 165 | 99 | 127 | 62 | 134 |
Op' Cash Flow
|
|||
| (143) | (122) | (200) | (80) | (43) | (17) | (26) | (69) | (49) | (89) |
Capex
|
|||
| 88 | 116 | 28 | 82 | 155 | 148 | 73 | 58 | 13 | 45 |
FCF
|
|||
| 37 | 9 | (4) | 50 | 14 | 8 | (20) | (36) | (57) | (80) |
Working Cap'
|
|||
| 1,240 | 1,051 | 1,258 | 1,628 | 1,347 | 1,355 | 1,490 | 1,471 | 994 | 1,046 |
Total Debt
|
|||
| 1,233 | 1,050 | 1,253 | 1,591 | 1,332 | 1,336 | 1,477 | 1,454 | 968 | 1,026 |
Net Debt
|
|||
| 1,170 | 1,390 | 1,221 | 785 | 923 | 904 | 765 | 719 | 965 | 947 |
Sh' Equity
|
|||
| (1.53%) | 2.39% | 0.15% | (7.61%) | 10.37% | (1.76%) | (5.02%) | (2.50%) | (5.58%) | (0.82%) |
ROA
|
|||
| 2.96% | 4.29% | 3.59% | 2.95% | 1.84% | 1.83% | 1.05% | 2.21% | 0.85% | 2.40% |
ROIC
|
|||
| (3.30%) | 6.35% | 0.43% | (30.02%) | 42.42% | (5.97%) | (18.06%) | (9.70%) | (18.35%) | (2.31%) |
ROE
|
|||
Summit Midstream Partners, LP peers in Oil & Gas Midstream
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| SBR Sabine Royalty Trust | $1.1B | 14.7× | Compare |
| KNOP KNOT Offshore Partners LP | $369.4M | 24.1× | Compare |
| TK Teekay Corporation Ltd. | $1.2B | 9.4× | Compare |
| TEN Tsakos Energy Navigation Ltd | $1.4B | 7.5× | Compare |
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| BROGF Brooge Energy Limited | $284.9M | 0.0× | Compare |
| NVGS Navigator Holdings Ltd. | $1.4B | 10.5× | Compare |
| PBT Permian Basin Royalty Trust | $1.6B | 96.4× | Compare |
| NAT Nordic American Tankers Limited | $1.6B | 13.1× | Compare |
Summit Midstream Partners, LP (SMC) key facts
- Summit Midstream Partners, LP (SMC) is an Oil & Gas Midstream company in the Energy sector, listed on the New York Stock Exchange.
- Summit Midstream Partners, LP’s revenue for fiscal 2025 (year ended December 2025) was $562.1 million, up 30.8% from fiscal 2024.
- As of September 25, 2026, SMC traded at $30.80, a market capitalization of $631.8 million.
- Return on equity was −2.31% and debt-to-equity 1.35.
Summit Midstream Partners, LP (SMC) Latest News
1 Sep
Summit Midstream Partners reaches final investment decision on Double E Pipeline mainline expansion. Final investment decision on Double E Pipeline mainline expansion advances Summit Midstream capacity and revenue outlook.
31 Aug
Summit Midstream Corporation reaches final investment decision on Double E Pipeline mainline compression expansion. Final investment decision on major pipeline compression project signals significant capacity growth and revenue upside.
17 Aug
Summit Midstream Partners, LP held its Q2 2026 earnings call. Earnings call provides financial results and operational updates with moderate effect on near-term performance views.
14 Aug
Summit Midstream Partners (SMC) shows positioning for potential surge via operational strengths and market factors. Bullish positioning analysis may moderately lift investor sentiment and near-term SMC performance.
11 Aug
Summit Midstream Partners LP held its Q2 earnings call, covering financial results, operational performance, and strategic updates for the period. Quarterly earnings updates typically deliver moderate influence on near-term sentiment and financial outlook without guaranteeing major trajectory shifts.
Summit Midstream Corp held its Q2 2026 earnings call covering financial results, operational metrics and forward guidance for the midstream assets. Quarterly earnings figures and guidance directly affect near-term valuation and trading sentiment for SMC.
10 Aug
Summit Midstream Corporation reported its second quarter 2026 financial and operating results. Quarterly results deliver performance metrics that shape near-term investor assessments of operations and outlook.
24 Jun
Summit Midstream Partners, LP (SMC) rating upgraded to Buy. Buy rating upgrade may lift near-term investor sentiment and SMC share price.
8 Jun
Summit Midstream Partners secured additional Double E pipeline commitments and extended its open season due to strong shipper demand. Additional Double E commitments and extended open season strengthen revenue outlook and competitive positioning.
1 Jun
Summit Midstream Partners (SMC) shares fell 17.2% over four weeks yet display turnaround signals from operational improvements and market positioning that may stabilize future performance. Turnaround signals after a sharp stock drop can moderately shift near-term sentiment and trajectory for SMC without altering core fundamentals.
Summit Midstream Corporation launches inaugural $35 million stock repurchase program. Company's $35 million buyback initiative may positively influence stock valuation and investor perception.
16 May
Summit Midstream Corporation released earnings last week. Analysts lifted the price target to US$51.00. Earnings release and price target raise to $51 can lift near-term investor sentiment and stock valuation.
15 May
Summit Midstream Partners, LP (SMC) released Q1 earnings call highlights covering financial results, operational updates, and forward guidance. Q1 earnings highlights reveal financial performance and outlook with moderate influence on market sentiment and trajectory.
12 May
Summit Midstream Corp (SMC) Q1 2026 earnings call highlights navigating operational challenges while seizing growth opportunities. Q1 2026 earnings highlights address challenges and opportunities, moderately impacting financial performance and investor sentiment.
Summit Midstream Corp held its Q1 2026 earnings call covering financial results, operational updates and forward outlook for Summit Midstream Partners, LP. Quarterly earnings call supplies updated financial metrics and guidance that can shift near-term market views on operations and cash flow.
11 May
Summit Midstream Corporation reported first quarter 2026 financial and operating results. Quarterly financial and operating results influence key financial performance metrics and investor sentiment.
31 Mar
Summit Midstream Corporation announced a $42 million equity issuance to an affiliate of Tailwater Capital. $42 million equity issuance to Tailwater Capital affiliate provides significant capital for operations and growth, potentially enhancing financial stability and market perception.
17 Mar
Summit Midstream Partners (SMC) reported strong financial performance in Q4 2025 earnings call highlights amid operational challenges. Strong Q4 2025 financial performance highlights major positive shifts in SMC's trajectory and investor sentiment.
Summit Midstream Corp. released Q4 2025 earnings call summary highlighting financial results, operational updates, and future outlook. Q4 earnings call summary discloses financial performance and guidance, significantly influencing investor sentiment and stock trajectory.
Summit Midstream Partners, LP (SMC) released Q4 earnings call highlights covering financial results, operational updates, and forward guidance. Q4 earnings highlights reveal financial performance and outlook with moderate influence on market trajectory.
16 Mar
Summit Midstream Corporation reported fourth quarter and full-year 2025 financial and operating results, provided Permian and Rockies segment growth updates, and issued full-year 2026 guidance. Financial results, segment growth updates, and 2026 guidance significantly shape investor sentiment and future performance expectations.
2 Feb
Summit Midstream Partners, LP has appointed Chris Tennant as Chief Commercial Officer. Tennant brings over 20 years of experience in the energy sector, having held various leadership roles in commercial and business development. His expertise is expected to enhance Summit's strategic initiatives and drive growth in the company's operations. The appointment of a new Chief Commercial Officer may influence the company's strategic direction and operational effectiveness.
15 Jan
Summit Midstream Partners, LP (SMC) faces scrutiny regarding its returns on capital, raising concerns about its financial performance and operational efficiency. Analysts suggest that the company's capital allocation strategies may not yield satisfactory returns, potentially impacting investor confidence and future growth prospects. The article emphasizes the need for caution among investors considering SMC's current financial metrics and market positioning. Concerns about returns on capital may moderately influence investor sentiment and financial performance.
19 Dec
Analysts predict that Summit Midstream Corporation (NYSE: SMC) will reach breakeven soon, indicating a positive outlook for the company's financial performance. This expectation is based on current market conditions and operational efficiencies that may enhance profitability in the near future. Breakeven expectations suggest a moderate improvement in financial performance, but the overall impact remains limited by other market factors.
25 Nov
Summit Midstream Partners, LP (SMC) experienced a gain following the release of its Q3 results, which showcased improved financial performance and operational metrics. The company reported increased revenues and adjusted EBITDA, reflecting strong demand for its services in the midstream sector. Management highlighted strategic initiatives aimed at enhancing operational efficiency and expanding market presence. Investors responded positively to the results, indicating confidence in the company's growth trajectory and future prospects. The Q3 results indicate significant improvements in financial performance and operational metrics that could alter investor sentiment and the company's trajectory.
14 Nov
Summit Midstream Partners, LP reported a narrower loss in Q3, attributed to rising volumes and improved cash flow. The company experienced increased operational efficiency, leading to better financial results compared to previous quarters. This positive trend reflects a recovery in demand and operational performance, positioning SMC favorably in the market. Improved cash flow and rising volumes indicate a moderately noticeable influence on financial performance and market sentiment.
12 Nov
Summit Midstream Partners, LP (SMC) is undergoing a fair value calculation to assess its market position and future prospects. Analysts are evaluating various financial metrics and market conditions to determine the intrinsic value of the company. This analysis is crucial for investors looking to understand SMC's potential for growth and profitability in the competitive energy sector. The fair value calculation may moderately influence investor sentiment and financial performance but is balanced by other market factors.
11 Nov
Summit Midstream Partners, LP (SMC) reported strong EBITDA growth in its Q3 2025 earnings call, highlighting robust operational performance and strategic initiatives that contributed to financial success. The company emphasized its commitment to enhancing infrastructure and expanding its market presence, which are expected to drive future growth. Management provided insights into ongoing projects and market conditions, indicating a positive outlook for the upcoming quarters. Strong EBITDA growth and strategic initiatives are likely to significantly impact future performance and investor sentiment.
10 Nov
Summit Midstream Corporation reported its financial and operating results for the third quarter of 2025, highlighting key metrics such as revenue, net income, and operational performance. The company experienced fluctuations in its financial performance compared to previous quarters, influenced by market conditions and operational efficiencies. Management provided insights into strategic initiatives aimed at enhancing growth and addressing challenges in the current economic landscape. Financial results indicate moderate fluctuations that may influence operational aspects but are balanced by strategic initiatives.
12 Aug
Summit Midstream Corporation reported its financial and operating results for the second quarter of 2025, highlighting key metrics such as revenue growth and operational efficiency improvements. The company noted increased demand for its services and strategic initiatives aimed at enhancing its market position. Management expressed optimism about future performance, citing ongoing projects and favorable market conditions. Significant operational improvements and strategic initiatives are expected to enhance market position and financial performance.