Summit Midstream Corporation
SMCEnergyNASDAQOil & Gas Midstream · Last scanned May 30, 2026
Scan Results
Daily timeframeSummit Midstream Corporation owns, develops, and operates midstream energy infrastructure assets primarily shale formations in the continental United States. Valued at $368.2M, SMC is a small-cap name in its sector. It operates through Rockies, Permian, Piceance, Mid-Con, and Northeast segments.
Market Cap
$368.2M
Beta
0.84
P/E (TTM)
—
P/E (Fwd)
22.21
EPS (TTM)
$-1.88
EPS (Fwd)
$1.20
ROE
-3.5%
ROA
2.3%
Cash
$43.4M
Total Debt
$1.27B
Free CF
-$2.7M
52W Change
2.7%
Annual Financials
Cash vs Debt
The company holds $43.4M in cash, though total debt stands at $1.27B. This level of leverage is common in the industry but worth monitoring as interest rate conditions evolve. Free cash flow is running at -$2.7M, which bears watching. Negative free cash flow can be acceptable during heavy investment periods but needs to improve over time. Return on equity stands at -3.5%, which is negative for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. ROA of 2.2% is on the lower side, which is common in asset-heavy industries. Revenue has grown from $369.6M (2022) to $562.1M (2025), reflecting a 52% increase over the period.
Summit Midstream Corporation carries a heavier debt load relative to its cash position, which introduces financial risk that investors should weigh. The company is burning cash at the operating level, which is not unusual for growth-phase companies but adds risk if it persists. Understanding these risk dimensions helps frame what to watch going forward as conditions evolve for Summit Midstream Corporation and its sector.