Summit Midstream Corp
About Summit Midstream Corp
Summit Midstream Corp is a value-driven corporation focused on developing, owning and operating midstream energy infrastructure assets strategically located in unconventional resource basins, shale formations, in the continental U.S. It currently operates natural gas, crude oil and produced water gathering systems in various unconventional resource basins including the Williston Basin, DJ Basin, Barnett Shale, Piceance Basin, Permian Basin, and the Arkoma Basin. The company's reportable segments are: Rockies, Permian, Mid-Con, Piceance, and Northeast. Maximum revenue is generated from the Mid-Con segment. Summit generates revenue mainly from natural gas, NGLs, and condensate sales, and the provision of gathering and related services.
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Financial summary
- Revenue FY2025
- $562.1M
- Net income
- -$5.9M
- Total assets
- $2.4B
- Market cap
- $403.1M
- Gross margin
- 73.2%
- Operating margin
- -9.8%
- Net margin
- -26.3%
Source: SEC EDGAR · updated Jun 7, 2026
Financial statements
Income statement
- Revenue
- $429.6M
- Cost of revenue
- $115.0M
- Gross profit
- $314.6M
- Operating expenses
- $356.6M
- Operating income
- -$41.9M
- Income tax
- $146.7M
- Net income
- -$113.2M
- EPS (basic)
- $-12.78
- EPS (diluted)
- $-12.78
Balance sheet
- Total assets
- $2.4B
- Current assets
- $118.3M
- Total liabilities
- $1.3B
- Current liabilities
- $174.8M
- Shareholders’ equity
- $965.1M
Cash flow
- Operating cash flow
- $61.8M
- Investing cash flow
- $487.1M
- Financing cash flow
- -$540.3M
- Net cash flow
- $8.6M
Statements via Polygon.io (SEC filings)
15-minute delayed · data by Polygon.io
Past year
52-week range
- Market cap
- $403.1M
- EPS (diluted)
- $-12.78
- Shares outstanding
- 13.7M
- Open
- —
- Day range
- –
- Prev close
- —
- Volume
- —
- IPO date
- Sep 28, 2012
Market data by Polygon.io · prices are 15-minute delayed
At a glance
- Reported a net loss of $5.9M in FY2025.
- Gross margin of 73.2%, net margin -26.3%.
- Trading 10% below its 52-week high.
Automatically generated from public filings and market data. Informational only — not investment advice or a recommendation to buy or sell any security.
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