Summit Midstream (SMC)
NYSE:SMC
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SMC Stock Chart & Stats
$26.44
$0.07(0.19%)
At close: 4:00 PM EST
$26.44
$0.07(0.19%)
Day’s Range― - ―
52-Week Range$19.13 - $33.50
Previous CloseN/A
Volume14.09K
Average Volume (3M)68.17K
Market Cap
$586.16M
Enterprise Value$1.62B
Total Cash (Recent Filing)$49.52M
Total Debt (Recent Filing)$1.27B
Price to Earnings (P/E)―
Beta0.23
Next Earnings
Aug 06, 2026EPS Estimate
-0.37Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-1.88
Shares Outstanding13,814,286
10 Day Avg. Volume79,063
30 Day Avg. Volume68,165
Financial Highlights & Ratios
PEG Ratio0.19
Price to Book (P/B)0.47
Price to Sales (P/S)0.58
P/FCF Ratio7.27
Enterprise Value/Market Cap2.76
Enterprise Value/Revenue2.84
Enterprise Value/Gross Profit7.52
Enterprise Value/Ebitda8.12
Forecast
1Y Price Target
$49.00Price Target Upside85.33% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)-1.09
Revenue Forecast (FY)$584.90M
Bulls Say, Bears Say
Bulls Say
Double E Contracting MomentumMaterial long‑term firm capacity wins on the Double E pipeline increase fee‑based contracted volumes and visibility into multi‑year cash flows. This strengthens predictable revenue streams, supports planned compressor expansion FID, and meaningfully de‑risks growth projects versus purely volumetric exposure.
Improving Operating Cash Generation & RevenueConsistent positive operating cash flow and strong TTM revenue growth reflect scalable midstream operations and rising throughput. Durable cash generation underpins reinvestment capacity for organic projects, supports distributable cash flow, and provides a foundation for deleveraging over multiple quarters.
Balance‑Sheet Progress & Capital OptionalityExecuting preferred dividend payment, raising equity, and authorizing a buyback signal improved liquidity and creditor confidence. These actions expand capital flexibility, help restore common dividend prospects, and create optionality to fund expansions or selectively buy down leverage without impairing operations.
Bears Say
High LeverageA debt‑heavy capital structure restricts financial flexibility, increases interest and covenant risk, and limits capacity for opportunistic M&A or sustained dividend reinstatement. Sustained leverage above target could necessitate equity issuance or slower organic investment pacing over the medium term.
Net Losses & Earnings VolatilityPersistent net losses despite improving operating margins indicate residual structural costs, non‑cash items, or episodic charges that impair retained earnings. Continued bottom‑line volatility undermines reinvestment from retained earnings and complicates longer‑term payout or capital return plans.
Free Cash Flow InstabilityUnstable or modest free cash flow versus capital needs forces reliance on revolver draws, refinancings and occasional equity placements to fund growth. That reliance increases refinancing and dilution risk and could slow project cadence if external funding conditions tighten over the next several quarters.
Summit Midstream News
SMC FAQ
What was Summit Midstream’s price range in the past 12 months?
Summit Midstream lowest stock price was $19.13 and its highest was $33.50 in the past 12 months.
What is Summit Midstream’s market cap?
Summit Midstream’s market cap is $586.16M.
When is Summit Midstream’s upcoming earnings report date?
Summit Midstream’s upcoming earnings report date is Aug 06, 2026 which is in 46 days.
How were Summit Midstream’s earnings last quarter?
Summit Midstream released its earnings results on May 11, 2026. The company reported -$0.43 earnings per share for the quarter, beating the consensus estimate of -$0.49 by $0.06.
Is Summit Midstream overvalued?
According to Wall Street analysts Summit Midstream’s price is currently Undervalued.
Does Summit Midstream pay dividends?
Summit Midstream pays a N/A dividend of $1.875 which represents an annual dividend yield of N/A. See more information on Summit Midstream dividends here
What is Summit Midstream’s EPS estimate?
Summit Midstream’s EPS estimate is -0.37.
How many shares outstanding does Summit Midstream have?
Summit Midstream has 13,814,286 shares outstanding.
What happened to Summit Midstream’s price movement after its last earnings report?
Summit Midstream reported an EPS of -$0.43 in its last earnings report, beating expectations of -$0.49. Following the earnings report the stock price went down -0.57%.
Which hedge fund is a major shareholder of Summit Midstream?
Currently, no hedge funds are holding shares in SMC
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Summit Midstream Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$49.00 (85.33% Upside)
$49.00 (85.33% Upside)
Blogger Sentiment
Bullish
SMC Sentiment 100%
Sector Average 72%
Sector Average 72%
Hedge Fund Trend
Decreased
By 10.0K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $37.6M over
the Last 3 Months
the Last 3 Months
Technicals
SMA
Positive
20 days / 200 days
Momentum
-21.25%
12-Months-Change
Fundamentals
Return on Equity
-1.23%
Trailing 12-Months
Asset Growth
-1.14%
Trailing 12-Months
Company Description
Summit Midstream
Summit Midstream Corporation specializes in managing and developing critical energy infrastructure, primarily across the continental United States' significant shale formations. The company oversees extensive collection networks for natural gas, crude oil, and produced water. These operations span four major unconventional resource basins: the Williston Basin in North Dakota (encompassing the Bakken and Three Forks shale plays), the Denver-Julesburg Basin across Colorado and Wyoming (with its Niobrara and Codell formations), the Fort Worth Basin in Texas (featuring the Barnett Shale), and Colorado's Piceance Basin (home to the Mesaverde, and emerging Mancos and Niobrara formations). Their services cater directly to natural gas and crude oil producers. Established in 2012, Summit Midstream Corporation maintains its headquarters in Houston, Texas.
SMC Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed a generally constructive tone: management reported Q1 adjusted EBITDA in line with expectations, highlighted contract wins (Double E), strong operational momentum in the Rockies and Arkoma dry-gas outperformance, and completed key balance sheet actions (preferred dividend payment, $42M equity placement, refinancing). Headwinds include localized underperformance in Arkoma, Piceance shut-ins (~20 MMcf/d), modest free cash flow relative to growth ambitions, and remaining execution risk for the Double E expansion. On balance the positives—contracting momentum, macro tailwinds, balance-sheet progress, and a clear path to midpoint guidance—outweigh the operational and market-specific challenges discussed.View all SMC earnings summariesSMC Stock 12 Month Forecast
Average Price Target
$49.00
▲(85.33% Upside)
Technical Analysis
Genesis Energy
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Martin Midstream
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NGL Energy Partners
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Delek Logistics
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Permian Basin
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Ownership Overview
15.16% Insiders
14.27% Mutual Funds
11.85% Other Institutional Investors
49.79% Public Companies and
Individual Investors
Options Prices
Currently, No data available
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