| Indicators | Browse All

Summit Midstream Corporation (SMC)

Energy | Oil & Gas Midstream | Houston, United States | NYSE
30.22 USD -0.19 (-0.625%) ⇩ (July 13, 2026, 4 p.m. EDT)

Short-term:★★⯪☆☆Long-term:★☆☆☆☆Dividends:☆☆☆☆☆
Hot Take | July 11, 2026, 4:25 a.m. EDT

The investment case for Summit Midstream is fundamentally broken. The company is generating negative free cash flow and posting negative earnings, while the balance sheet is burdened with debt-to-equity exceeding 138%. The market has correctly priced this deterioration, evidenced by a catastrophic 92.59% cumulative decline over the last nine years. Despite a recent stock repurchase program and equity issuance, these actions cannot mask the structural rot in the business; the company is burning cash to stay afloat. Furthermore, there is no income floor to catch falling knives, as the firm has suspended dividends entirely. While the stock trades at a low price-to-book ratio, this is a value trap reflecting the reality that the assets are currently generating no economic value. The options market confirms this pessimism, with heavy put buying suggesting investors expect further downside. There is no catalyst visible to reverse this multi-year decline, making this a security to avoid.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.034220
AutoARIMA0.035280
AutoETS0.035281
MSTL0.035769
MSTL_700.041530
MSTL_970.076730
MSTL_70_970.092332

Forecast horizon: 60 days | Selected: AutoTheta

Forecast Reliability
Score 41%
H-stat 0.33
Ljung-Box p 0.000
Jarque-Bera p 0.998
Excess Kurtosis 0.04
Attribute Value
Sector Energy
Ex Dividend Date 2020-02-05
Last Dividend Date 2020-02-05
Debt to Equity Ratio 138.369
Revenue per Share 46.399
Market Cap 417,467,712
Forward P/E 25.18
Beta 0.74
Profit Margins -4.03%
Previous Name Summit Midstream Partners, LP
Website https://www.summitmidstream.com

As of July 11, 2026, 4:25 a.m. EDT: Speculator positioning is heavily skewed toward downside protection. Put open interest significantly exceeds call open interest across all expirations, with deep strikes (20.0) holding the highest option volume and open interest. This indicates a dominant bearish sentiment where traders are betting on further declines rather than rallies.


Dividend Data

Dividend History
Date Dividend Yield %
2020-02-06 1.875 4.325260
2019-11-06 4.320 6.037736
2019-08-06 4.320 4.167873
2019-05-07 4.320 3.314154
2019-02-06 8.625 4.423077
2018-11-06 8.625 3.797886
2018-08-06 8.625 3.402367
2018-05-07 8.625 4.078014
2018-02-06 8.625 2.649770
2017-11-06 8.625 2.839506
2017-08-03 8.625 2.595937
2017-05-04 8.625 2.544248
2017-02-03 8.625 2.473118
2016-11-03 8.625 2.757794
2016-08-03 8.625 2.659575
2016-05-04 8.625 2.831118
2016-02-03 8.625 3.474320
2015-11-04 8.625 3.013627
2015-08-05 8.550 2.104097
2015-05-06 8.475 1.734193
2015-02-04 8.400 1.432958
2014-11-05 8.100 1.193106
2014-08-05 7.800 1.073936
2014-05-06 7.500 1.119319
2014-02-05 7.200 1.285141
2013-11-05 6.900 1.376421
2013-08-05 6.525 1.277533
2013-05-06 6.300 1.525054
2013-02-05 6.150 1.931229
Additional Data
exDividendDate 2020-02-06
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
lastDividendValue 1.875
lastDividendDate 2020-02-06
dividendDate 2020-11-10

Info Dump

Attribute Value
52 Week Change 0.2257154
Address1 910 Louisiana Street
Address2 Suite 4200
All Time High 847.35
All Time Low 7.5
Ask 47.15
Ask Size 200
Audit Risk 7
Average Daily Volume10 Day 60,320
Average Daily Volume3 Month 63,601
Average Volume 63,601
Average Volume10Days 60,320
Beta 0.74
Bid 0.0
Bid Size 400
Board Risk 8
Book Value 38.486
City Houston
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 9
Country United States
Crypto Tradeable 0
Currency USD
Current Price 30.22
Current Ratio 1.201
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 30.915
Day Low 30.15
Debt To Equity 138.369
Display Name Summit Midstream
Dividend Date 1,604,966,400
Earnings Call Timestamp End 1,778,594,400
Earnings Call Timestamp Start 1,778,594,400
Earnings Timestamp 1,778,529,600
Earnings Timestamp End 1,786,392,000
Earnings Timestamp Start 1,786,392,000
Ebitda 200,280,000
Ebitda Margins 0.35169
Enterprise To Ebitda 10.103
Enterprise To Revenue 3.553
Enterprise Value 2,023,482,752
Eps Forward 1.2
Eps Trailing Twelve Months -1.88
Esg Populated 0
Ex Dividend Date 1,580,947,200
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 30.0472
Fifty Day Average Change 0.17280006
Fifty Day Average Change Percent 0.005750954
Fifty Two Week Change Percent 22.57154
Fifty Two Week High 33.5
Fifty Two Week High Change -3.2800007
Fifty Two Week High Change Percent -0.09791047
Fifty Two Week Low 19.13
Fifty Two Week Low Change 11.09
Fifty Two Week Low Change Percent 0.57971776
Fifty Two Week Range 19.13 - 33.5
Financial Currency USD
First Trade Date Milliseconds 1,348,839,000,000
Five Year Avg Dividend Yield 27.22
Float Shares 2,233,356
Forward Eps 1.2
Forward P E 25.183332
Free Cashflow -2,749,125
Full Exchange Name NYSE
Full Time Employees 296
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,782,864,000
Gross Margins 0.46108
Gross Profits 262,571,008
Has Pre Post Market Data 1
Held Percent Insiders 0.29824
Held Percent Institutions 0.40745
Implied Shares Outstanding 13,814,286
Industry Oil & Gas Midstream
Industry Disp Oil & Gas Midstream
Industry Key oil-gas-midstream
Is Earnings Date Estimate 1
Language en-US
Last Dividend Date 1,580,947,200
Last Dividend Value 1.875
Last Fiscal Year End 1,767,139,200
Last Split Date 1,604,966,400
Last Split Factor 1:15
Long Business Summary Summit Midstream Corporation owns, develops, and operates midstream energy infrastructure assets primarily shale formations in the continental United States. It operates through Rockies, Permian, Piceance, Mid-Con, and Northeast segments. The company owns, develops, and operates natural gas, crude oil, produced water gathering systems, and transmission pipelines. It serves natural gas and crude oil producers. Summit Midstream Corporation was founded in 2009 and is based in Houston, Texas.
Long Name Summit Midstream Corporation
Market us_market
Market Cap 417,467,712
Market State PRE
Max Age 86,400
Message Board Id finmb_62670872
Most Recent Quarter 1,774,915,200
Name Change Date 2,026-07-14
Net Income To Common -22,977,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 417,467,722
Number Of Analyst Opinions 1
Open 30.49
Operating Cashflow 124,435,000
Operating Margins 0.12198
Overall Risk 9
Payout Ratio 0.0
Phone 832 413 4770
Pre Market Change -0.39999962
Pre Market Change Percent -1.3236256
Pre Market Price 29.82
Pre Market Time 1,784,026,892
Prev Name Summit Midstream Partners, LP
Previous Close 30.41
Price Hint 2
Price To Book 0.78522056
Price To Sales Trailing12 Months 0.733076
Profit Margins -0.040349998
Quick Ratio 1.087
Quote Source Name Delayed Quote
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change -0.190001
Regular Market Change Percent -0.624796
Regular Market Day High 30.915
Regular Market Day Low 30.15
Regular Market Day Range 30.15 - 30.915
Regular Market Open 30.49
Regular Market Previous Close 30.41
Regular Market Price 30.22
Regular Market Time 1,783,972,803
Regular Market Volume 25,946
Return On Assets 0.02246
Return On Equity -0.03542
Revenue Growth 0.049
Revenue Per Share 46.399
Sand P52 Week Change 0.20847368
Sector Energy
Sector Disp Energy
Sector Key energy
Share Holder Rights Risk 10
Shares Outstanding 13,814,286
Shares Percent Shares Out 0.0121
Shares Short 167,290
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 140,900
Short Name Summit Midstream Corporation
Short Percent Of Float 0.0183
Short Ratio 2.28
Source Interval 15
State TX
Symbol SMC
Target High Price 49.0
Target Low Price 49.0
Target Mean Price 49.0
Target Median Price 49.0
Total Cash 43,390,000
Total Cash Per Share 3.141
Total Debt 1,266,064,000
Total Revenue 569,473,984
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -1.88
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 27.4681
Two Hundred Day Average Change 2.7518997
Two Hundred Day Average Change Percent 0.1001853
Type Disp Equity
Volume 25,946
Website https://www.summitmidstream.com
Zip 77,002