Summit Midstream Partners, LP SMC

30.80 (0.31) (1.00%) as of 25 Sep
Market cap
$631.8M
P/E
0.0×
Insider Buys alert about insiders buying in the last 12 month

Insider Decisions

Total buys 37.95
Total sells 0.40
in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — — — — 1 — — — — — —
Sell — — — — — — — 1 — 1 — —
Insider Ownership 29.98%

Capital & Financial Ratios

Market Cap 631.78
Revenue 583.33
Net Income (0.91)
Free Cash Flow 44.84
Net Debt 1,207.89
Current Ratio 0.94
Debt/Equity 1.35
P/E ratio 0.00
P/S ratio 0.73
P/B ratio 0.50
Past 5Y EPS Growth 19.91%
This Y EPS Growth 89.44%
Next Y EPS Growth 220.59%
Next 5Y EPS Growth 46.98%
in millions of $

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2020 1.88
1.88
2019 21.56
8.63
4.31
4.31
4.31
2018 34.50
8.63
8.63
8.63
8.63
2017 34.50
8.63
8.63
8.63
8.63
2016 34.50
8.63
8.63
8.63
8.63
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 17 25 20 32
Receivables 76 77 70 87
Inventory — — — —
Other 6 16 7 6
98 118 97 124
2023 2024 2025 Q'26
Payables 23 25 32 21
ST’ Debt 16 17 21 2
Other 10 35 27 6
134 175 177 132
in millions of $

Compound Annual Growth

10y 5y 3y
Sales 3.45% 7.95% 15.00%
Cash Flow (3.53%) (7.62%) 10.60%
Earnings 0.00% 0.00% 0.00%
Book Value (5.95%) 0.51% 7.37%

Revenue

Mar Jun Sep Dec Year
’26 139 155 — — —
’25 133 140 147 142 562
’24 119 101 102 107 430
’23 112 98 121 127 459
’22 96 99 89 86 370
’21 99 100 102 99 401
’20 105 92 90 96 383
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Mar Jun Sep Dec Year
’26 7 44 — — —
’25 16 37 27 54 134
’24 44 (13) 9 22 62
’23 50 2 59 16 127
’22 46 14 37 2 99
’21 51 35 42 37 165
’20 70 35 41 52 199
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 (12) 19 — — —
’25 (5) 11 4 35 45
’24 27 (19) (2) 6 13
’23 33 (14) 41 (3) 58
’22 39 11 31 (7) 73
’21 57 31 36 24 148
’20 52 26 34 44 155
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 (0.43) 0.11 — — —
’25 0.39 (0.66) (0.13) (0.66) (1.61)
’24 11.47 (2.91) (19.25) (2.40) (12.78)
’23 (1.82) (1.91) (0.27) (2.12) (6.11)
’22 0.00 (9.53) (1.28) (3.03) (12.71)
’21 0.12 (2.91) (0.17) (3.42) (6.57)
’20 (0.45) 15.89 7.16 29.73 55.84
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell
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
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Summit Midstream Partners, LP peers in Oil & Gas Midstream

All 58 Oil & Gas Midstream stocks →

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.

Source: company filings (standardised) and stockrow calculations.

Summit Midstream Partners, LP (SMC) Latest News

News by impact score

Fine-tune

1 Sep

4

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

4

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

3 transcript

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

3

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

3 transcript

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.

3 transcript

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

3

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

3

Summit Midstream Partners, LP (SMC) rating upgraded to Buy. Buy rating upgrade may lift near-term investor sentiment and SMC share price.

8 Jun

4

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

3

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.

3

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

3

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

3

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

3

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.

3 transcript

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

3

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

4

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

4

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.

4

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.

3

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

4

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

3

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

3

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

3

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

4

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

3

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

3

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

4 transcript

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

3

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

4

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.

stockrow.com/SMC · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com