$30.06
+2.8%Summit Midstream Corporation focuses on owning, developing, and operating midstream energy infrastructure assets primarily shale formations in the continental United States. It operates natural gas, crude oil, and produced water gathering systems in four unconventional resource basins, including the Williston Basin in North Dakota, which includes the Bakken and Three Forks shale formations; the Denver-Julesburg Basin that consists of the Niobrara and Codell shale formations in Colorado and Wyoming; the Fort Worth Basin in Texas, which comprises the Barnett Shale formation; and the Piceance Basin in Colorado, which includes the Mesaverde formation, as well as the emerging Mancos and Niobrara Shale formations. It serves natural gas and crude oil producers. Summit Midstream Corporation was founded in 2012 and is based in Houston, Texas.
Moderate margins typical of competitive industries. Monitor for pricing pressure or rising costs.
Healthy operating margins demonstrate effective cost control and strong business fundamentals.
Net losses indicate the company is burning cash. Sustainability depends on path to profitability.
Interest or tax burden: Strong operational performance but thin net margins indicate high interest expenses or unfavorable tax position eating into profits.
SMC • NYSE
| Summit Midstream Corp. Income Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|---|---|---|
REVENUE | |||||||
562.1M | 429.6M | 458.9M | 369.6M | 401.6M | 383.5M | 444.7M | |
GROSS PROFIT | |||||||
(412.4M) | (316.6M) | (336M) | (280M) | (156.1M) | (240.8M) | (162.2M) | |
149.7M | 113M | 122.9M | 89.6M | 245.4M | 142.7M | 282.6M | |
OPERATING INCOME | |||||||
(61M) | (55.6M) | (42.1M) | (44.9M) | (59.2M) | (73.4M) | (583.1M) | |
(61M) | (55.6M) | (42.1M) | (44.9M) | (59.2M) | (73.4M) | (51M) | |
88.6M | 57.4M | 80.8M | 44.6M | 186.2M | 69.2M | 120M | |
PRE-TAX INCOME | |||||||
(94.7M) | (115.4M) | (140.8M) | (102.5M) | (66.2M) | (78.9M) | (92M) | |
-94.7M | -115.4M | -140.8M | -102.5M | -66.2M | -78.9M | -92M | |
-91M | -23.9M | -119.4M | -185.9M | -205.9M | 119.7M | -507.6M | |
-2.4M | 33.5M | -38.6M | -141.3M | -19.6M | 188.9M | -392.5M | |
NET INCOME | |||||||
-501K | (146.7M) | (322K) | (325K) | (327K) | -146K | (1.2M) | |
-1.9M | -113.2M | -38.9M | -123.5M | -19.9M | 192.4M | -213M |
SMC - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
8-K 8-K 2026 N/A | June 01, 2026 | June 01, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 12, 2026 | May 07, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 11, 2026 | May 11, 2026 | 2026 | |
10-Q 10-Q 2026 Q1 Q1 | May 11, 2026 | March 31, 2026 | 2026 | |
DEF 14A DEF 14A 2026 N/A | April 10, 2026 | May 07, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 02, 2026 | March 31, 2026 | 2026 | |
10-K 10-K 2025 FY FY | March 16, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | March 16, 2026 | March 16, 2026 | 2026 | |
8-K 8-K 2025 N/A | December 29, 2025 | December 23, 2025 | 2025 | |
8-K 8-K 2025 N/A | November 10, 2025 | November 10, 2025 | 2025 |
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