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SMC Stock Chart & Stats
$34.02
-$0.63(-2.07%)
At close: 4:00 PM EDT
$34.02
-$0.63(-2.07%)
Day’s Range― - ―
52-Week Range$19.83 - $36.47
Previous CloseN/A
Volume32.92K
Average Volume (3M)78.18K
Market Cap
$648.84M
Enterprise Value$1.99B
Total Cash (Recent Filing)$20.97M
Total Debt (Recent Filing)$1.24B
Price to Earnings (P/E)―
Beta0.33
Next Earnings
Nov 17, 2026EPS Estimate
0.13Next Dividend Ex-DateN/A
Dividend Yield40.11%
Share Statistics
EPS (TTM)-1.10
Shares Outstanding13,783,618
10 Day Avg. Volume103,507
30 Day Avg. Volume78,179
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 Cap3.07
Enterprise Value/Revenue3.42
Enterprise Value/Gross Profit8.10
Enterprise Value/Ebitda9.49
Forecast
1Y Price Target
$47.00Price Target Upside38.15% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)-1.27
Revenue Forecast (FY)$646.05M
Bulls Say, Bears Say
Bulls Say
Revenue Growth And Operating MarginsStrong top-line recovery combined with healthy gross and EBITDA margins indicates improving operating performance in the core midstream business. This supports internal funding capacity, strengthens the platform for additional volume growth, and provides a more durable earnings base than revenue growth alone.
Material Balance-sheet ImprovementThe reported elimination of total debt in the latest period materially improves financial flexibility and reduces balance-sheet risk. A stronger capital structure can support investment in contracted infrastructure, improve resilience through operating volatility, and give management more options for future capital allocation.
Contracted Double E And Williston GrowthTightened EBITDA guidance and contracted growth projects provide visible support for medium-term expansion. Double E commitments and incremental Williston wells are expected to contribute primarily in 2027, creating a pipeline of infrastructure-linked growth rather than relying solely on existing throughput.
Bears Say
Inconsistent Bottom-line ProfitabilityHealthy operating margins have not consistently converted into net earnings, leaving the company near breakeven at the bottom line. Persistent weakness in net profitability can limit retained capital, reduce returns on equity, and make future growth less valuable if financing and other costs remain elevated.
Weakening Free-cash-flow ConversionThe shift to slightly negative trailing free cash flow suggests that higher investment or weaker cash conversion is absorbing operating cash generation. This can constrain internally funded growth, increase reliance on borrowing for the elevated capital plan, and reduce flexibility until project spending begins producing returns.
Leverage Remains Above TargetLeverage above management’s stated target remains a meaningful constraint on financial flexibility and capital allocation. Until debt metrics improve, the company may have less capacity to absorb weaker throughput, fund additional projects, or return capital while still supporting its planned growth investments.
Summit Midstream News
SMC FAQ
What was Summit Midstream’s price range in the past 12 months?
Summit Midstream lowest stock price was $19.83 and its highest was $36.47 in the past 12 months.
What is Summit Midstream’s market cap?
Summit Midstream’s market cap is $648.84M.
When is Summit Midstream’s upcoming earnings report date?
Summit Midstream’s upcoming earnings report date is Nov 17, 2026 which is in 36 days.
How were Summit Midstream’s earnings last quarter?
Summit Midstream released its earnings results on Aug 10, 2026. The company reported $0.11 earnings per share for the quarter, beating the consensus estimate of -$0.355 by $0.465.
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 Quarterly dividend of $1.875 which represents an annual dividend yield of 40.11%. See more information on Summit Midstream dividends here
What is Summit Midstream’s EPS estimate?
Summit Midstream’s EPS estimate is 0.13.
How many shares outstanding does Summit Midstream have?
Summit Midstream has 13,783,618 shares outstanding.
What happened to Summit Midstream’s price movement after its last earnings report?
Summit Midstream reported an EPS of $0.11 in its last earnings report, beating expectations of -$0.355. Following the earnings report the stock price went up 8.92%.
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:
$47.00 (38.15% Upside)
$47.00 (38.15% Upside)
Blogger Sentiment
Bullish
SMC Sentiment 100%
Sector Average 63%
Sector Average 63%
Technicals
SMA
Positive
20 days / 200 days
Momentum
42.82%
12-Months-Change
Fundamentals
Return on Equity
-0.48%
Trailing 12-Months
Asset Growth
-0.65%
Trailing 12-Months
Learn more about TipRanks Smart Score
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 Company Deck
SMC Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed strong operational momentum and commercial progress (notably in the Rockies, Mid‑Con and Double E commercial pipeline), with adjusted EBITDA up 12% QoQ, tightened full‑year EBITDA guidance, and clear pipeline of high‑return projects (including ~30 incremental Williston wells and Double E expansion). Near‑term headwinds include Piceance throughput declines and the expiration of MVC shortfall payments (~$4M/quarter), leverage above target at ~4.1x, modest free cash flow ($9.4M) and sensitivity to commodity prices. On balance, the positive operational and commercial developments and tightened guidance focused on growth outweigh the manageable financial and market risks.View all SMC earnings summariesSMC Stock 12 Month Forecast
Average Price Target
$47.00
▲(38.15% 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
15.18% Insiders
14.39% Mutual Funds
0.07% Other Institutional Investors
61.31% Public Companies and
Individual Investors