Revenue
2022
2023
2024
2025
Summit Midstream Corp (SMC)
Price$34.20Cached quote
Net income
2022
2023
2024
2025
Free cash flow
2022
2023
2024
2025
Total cash / debt
CashTotal debt
2022
2023
2024
2025
Financial statements
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Revenue | $562.1M | $429.6M | $458.9M | $369.6M |
| Gross profit | $413.0M | $314.6M | $346.4M | $89.6M |
| Gross margin | 73.47% | 73.23% | 75.49% | 24.23% |
| Operating expenses | $489.7M | $471.6M | $382.3M | $44.9M |
| Operating income | $72.4M | −$41.9M | $76.6M | $44.6M |
| Operating margin | 12.88% | −9.76% | 16.70% | 12.07% |
| EBITDA | $186.5M | $58.7M | $199.4M | $81.2M |
| EBITDA margin | 33.19% | 13.67% | 43.45% | 21.96% |
| Net income | −$5.9M | −$122.2M | −$51.5M | −$123.5M |
| Net profit margin | −1.06% | −28.43% | −11.23% | −33.40% |
| Basic EPSper basic share | -$1.61 | -$12.78 | -$6.11 | -$12.71 |
| Diluted EPSper diluted share | -$1.61 | -$12.78 | -$6.11 | -$12.71 |
Owners
Reported shareholders
Reported holdings Number of shares
View holders
| Holder | Shares held |
|---|---|
Herring Edward / Connect Midstream, LLC / Tailwater Energy Fund III LP / Tailwater Capital LLC / Downie Jason H | 1.37M |
Invesco Ltd. | 967.5K |
Deltroit Asset Management (UK) LLP | 815K |
BlackRock, Inc. | 658.62K |
VANGUARD CAPITAL MANAGEMENT LLC | 511.42K |
Deneke J Heath | 354.35K |
EAGLE GLOBAL ADVISORS LLC | 263.09K |
GEODE CAPITAL MANAGEMENT, LLC | 247.64K |
STATE STREET CORP | 184.55K |
Flat Footed LLC | 158.52K |
AMERICAN CENTURY COMPANIES INC | 155.12K |
CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 122.85K |
BRIDGEWAY CAPITAL MANAGEMENT, LLC | 119.55K |
BANK OF AMERICA CORP /DE/ | 118.64K |
Empowered Funds, LLC | 91.55K |
Mault William J. | 88.69K |
Liberty Mutual Group Asset Management Inc. | 84.84K |
MORGAN STANLEY | 80.76K |
Johnston James David | 77.96K |
NORTHERN TRUST CORP | 75.68K |
Bars compare reported share counts. A matching total for this share class and reporting period is unavailable, so percentages are not shown.
Source: SEC Form 4 ↗Updated Sep 29, 2026 · Quarterly data
Insider buys & sells
| Transaction | Insider | Type | Shares | Price | Value | Owned after |
|---|---|---|---|---|---|---|
| May 19, 2026Form 4 | PETERS JERRY LDirector | SellCommon Stock · indirect | 10.0K | $32.00 | $320.0K | 17.0K |
| Mar 31, 2026Form 4 | Herring Edward +4Director,TenPercentOwner | BuyCommon Stock, par value $0.01 per share | 1.22M | $31.08 | $37.95M | 1.37M |
| Aug 28, 2025Form 4 | Tailwater Capital LLC +4TenPercentOwner | BuyCommon Stock, par value $0.01 | 26.3K | $20.89 | $549.8K | 146.5K |
| Aug 27, 2025Form 4 | Tailwater Capital LLC +4TenPercentOwner | BuyCommon Stock, par value $0.01 | 47.4K | $20.50 | $971.7K | 120.2K |
| Aug 26, 2025Form 4 | Tailwater Capital LLC +4TenPercentOwner | BuyCommon Stock, par value $0.01 | 72.8K | $20.46 | $1.49M | 72.8K |