Summit Midstream Financials

SMC Stock   28.26  0.45  1.57%   
Summit Midstream may be sliding down financialy. It has an above-average risk of going through some form of financial distress next quarter. At present, Summit Midstream's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Net Debt is expected to grow to about 1.1 B, whereas Total Assets are forecasted to decline to about 2 B.
 
Covid
 
Interest Hikes

Summit Midstream Balance Sheet Chart

At present, Summit Midstream's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Net Debt is expected to grow to about 1.1 B, whereas Total Assets are forecasted to decline to about 2 B.
Key indicators impacting Summit Midstream's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio2.152.44
Fairly Down
Slightly volatile
Operating Income74.4 M51.7 M
Way Up
Slightly volatile
Current Ratio0.740.78
Notably Down
Slightly volatile
The essential information of the day-to-day investment outlook for Summit Midstream includes many different criteria found on its balance sheet. An individual investor should research Summit Midstream's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Summit Midstream.

Cash And Equivalents

17.85 Million

  
Build AI portfolio with Summit Stock

Summit Midstream Earnings Geography

Please note, the presentation of Summit Midstream's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Summit Midstream's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Summit Midstream's management manipulating its earnings.

Summit Midstream Stock Summary

Summit Midstream competes with PrimeEnergy, Ranger Energy, Ring Energy, Aemetis, and Dmc Global. Summit Midstream is entity of United States. It is traded as Stock on NYSE exchange.
Specialization
Energy, Oil & Gas Midstream
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS86614G1013
Business Address910 Louisiana Street,
SectorOil, Gas & Consumable Fuels
IndustryEnergy
BenchmarkDow Jones Industrial
Websitewww.summitmidstream.com
Phone(832) 413 4770

Summit Midstream Key Financial Ratios

Summit Midstream Key Balance Sheet Accounts

202120222023202420252026 (projected)
Total Assets2.5B2.6B2.5B2.4B2.1B2.0B
Other Current Liab67.4M90.3M91.6M113.9M131.0M83.0M
Net Debt1.4B1.5B1.5B970.8M873.7M1.1B
Accounts Payable10.5M14.1M22.7M25.2M28.9M19.9M
Cash7.3M11.8M14.0M22.8M26.2M14.9M
Net Receivables62.1M75.3M76.3M77.1M69.4M60.0M
Other Current Assets17.9M10.4M8.1M18.4M16.6M12.3M
Total Liab1.5B1.7B1.7B1.4B1.6B1.4B
Total Current Assets87.4M97.5M98.4M118.3M106.4M83.1M
Short Term Debt1.4M13.5M19.7M16.6M19.1M10.9M
Intangible Assets172.9M198.7M175.6M154.3M138.9M151.1M
Common Stock734.6M679.5M621.7M181K162.9K154.8K
Long Term Debt1.4B1.5B1.5B977.0M879.3M1.1B
Net Invested Capital2.3B2.3B2.2B1.4B1.2B1.7B
Net Working Capital8.1M(20.3M)(35.6M)(56.5M)(50.9M)(48.3M)

Summit Midstream Key Income Statement Accounts

202120222023202420252026 (projected)
Interest Expense66.2M102.5M140.8M115.4M132.8M109.2M
Total Revenue401.6M369.6M458.9M429.6M494.1M456.1M
Gross Profit245.4M89.6M122.9M113.0M101.7M132.8M
Operating Income186.2M44.6M80.8M57.4M51.7M74.4M
Ebit67.2M(38.8M)102.2M148.9M134.1M87.5M
Ebitda187.2M81.2M225.9M250.5M225.5M180.3M
Cost Of Revenue156.1M280.0M336.0M316.6M364.1M273.5M
Income Before Tax(19.6M)(141.3M)(38.6M)33.5M38.5M40.5M
Net Income(19.9M)(123.5M)(38.9M)(113.2M)(101.9M)(96.8M)
Income Tax Expense327.0K325K322K146.7M168.7M177.1M
Tax Provision(327K)325K322K146.7M168.7M177.1M
Net Interest Income(66.2M)(102.5M)(140.8M)(115.4M)(103.9M)(109.1M)

Summit Midstream Key Cash Accounts

202120222023202420252026 (projected)
Change In Cash4.0M(6.0M)3.1M8.6M9.8M10.3M
Free Cash Flow140.1M68.3M58.0M8.2M7.3M7.0M
Depreciation120.0M120.0M123.7M101.6M91.4M92.8M
Other Non Cash Items54.4M112.0M55.3M(64.1M)(57.7M)(54.8M)
Capital Expenditures25.0M30.5M68.9M53.6M48.2M53.8M
Net Income(19.9M)(123.5M)(38.9M)(113.2M)(130.2M)(136.7M)
End Period Cash Flow19.6M13.5M16.6M25.2M22.7M17.0M
Investments(165.7M)(226.6M)(74.8M)487.1M560.1M588.1M

Summit Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Summit Midstream's current stock value. Our valuation model uses many indicators to compare Summit Midstream value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Summit Midstream competition to find correlations between indicators driving Summit Midstream's intrinsic value. More Info.
Summit Midstream is rated below average in return on equity category among its peers. It is rated fifth in return on asset category among its peers . At present, Summit Midstream's Return On Equity is projected to increase slightly based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Summit Midstream's earnings, one of the primary drivers of an investment's value.

Summit Midstream's Earnings Breakdown by Geography

Most indicators from Summit Midstream's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Summit Midstream current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Summit Midstream. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For information on how to trade Summit Stock refer to our How to Trade Summit Stock guide.At present, Summit Midstream's Enterprise Value Over EBITDA is projected to increase slightly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 7.59, whereas Selling General Administrative is forecasted to decline to about 42.6 M.
 2023 2024 2025 2026 (projected)
Interest Expense140.8M115.4M132.8M109.2M
Depreciation And Amortization123.7M101.6M91.4M92.8M

Summit Midstream fundamental ratios Correlations

0.86-0.7-0.70.290.91-0.580.86-0.07-0.720.99-0.67-0.720.67-0.660.90.060.52-0.59-0.750.57-0.560.830.540.83-0.56
0.86-0.86-0.90.160.76-0.791.00.07-0.890.83-0.81-0.890.78-0.780.99-0.170.65-0.77-0.910.65-0.620.940.380.87-0.76
-0.7-0.860.97-0.28-0.70.78-0.860.060.85-0.680.980.85-0.630.98-0.84-0.08-0.630.780.94-0.550.89-0.9-0.29-0.680.92
-0.7-0.90.97-0.06-0.730.91-0.9-0.140.86-0.650.920.86-0.780.94-0.890.13-0.790.90.99-0.720.83-0.95-0.13-0.620.93
0.290.16-0.28-0.060.00.360.16-0.92-0.330.39-0.39-0.33-0.45-0.270.090.87-0.50.36-0.06-0.56-0.40.010.90.550.0
0.910.76-0.7-0.730.0-0.730.760.24-0.550.86-0.62-0.550.81-0.710.84-0.10.7-0.76-0.760.78-0.560.860.210.56-0.7
-0.58-0.790.780.910.36-0.73-0.79-0.530.65-0.490.690.65-0.940.76-0.820.49-0.951.00.9-0.930.59-0.90.23-0.380.87
0.861.0-0.86-0.90.160.76-0.790.06-0.90.83-0.82-0.90.77-0.780.99-0.170.65-0.77-0.910.65-0.630.940.380.87-0.76
-0.070.070.06-0.14-0.920.24-0.530.060.21-0.180.180.210.630.060.13-0.860.6-0.53-0.10.710.280.21-0.77-0.35-0.24
-0.72-0.890.850.86-0.33-0.550.65-0.90.21-0.720.881.0-0.540.78-0.86-0.06-0.550.630.87-0.430.77-0.79-0.44-0.830.64
0.990.83-0.68-0.650.390.86-0.490.83-0.18-0.72-0.65-0.720.57-0.630.860.160.42-0.49-0.70.47-0.550.780.640.86-0.5
-0.67-0.810.980.92-0.39-0.620.69-0.820.180.88-0.650.88-0.510.97-0.78-0.22-0.550.690.89-0.430.92-0.81-0.37-0.680.85
-0.72-0.890.850.86-0.33-0.550.65-0.90.211.0-0.720.88-0.540.78-0.86-0.06-0.550.630.87-0.430.77-0.79-0.44-0.830.64
0.670.78-0.63-0.78-0.450.81-0.940.770.63-0.540.57-0.51-0.54-0.590.83-0.610.92-0.94-0.790.98-0.370.87-0.210.4-0.73
-0.66-0.780.980.94-0.27-0.710.76-0.780.060.78-0.630.970.78-0.59-0.76-0.16-0.640.770.91-0.540.93-0.85-0.24-0.570.92
0.90.99-0.84-0.890.090.84-0.820.990.13-0.860.86-0.78-0.860.83-0.76-0.210.71-0.8-0.910.73-0.610.960.330.83-0.75
0.06-0.17-0.080.130.87-0.10.49-0.17-0.86-0.060.16-0.22-0.06-0.61-0.16-0.21-0.50.460.14-0.62-0.38-0.230.680.160.16
0.520.65-0.63-0.79-0.50.7-0.950.650.6-0.550.42-0.55-0.550.92-0.640.71-0.5-0.96-0.790.95-0.530.78-0.350.21-0.71
-0.59-0.770.780.90.36-0.761.0-0.77-0.530.63-0.490.690.63-0.940.77-0.80.46-0.960.89-0.930.61-0.890.24-0.350.87
-0.75-0.910.940.99-0.06-0.760.9-0.91-0.10.87-0.70.890.87-0.790.91-0.910.14-0.790.89-0.720.82-0.96-0.15-0.650.89
0.570.65-0.55-0.72-0.560.78-0.930.650.71-0.430.47-0.43-0.430.98-0.540.73-0.620.95-0.93-0.72-0.350.79-0.350.22-0.69
-0.56-0.620.890.83-0.4-0.560.59-0.630.280.77-0.550.920.77-0.370.93-0.61-0.38-0.530.610.82-0.35-0.69-0.3-0.490.76
0.830.94-0.9-0.950.010.86-0.90.940.21-0.790.78-0.81-0.790.87-0.850.96-0.230.78-0.89-0.960.79-0.690.180.69-0.89
0.540.38-0.29-0.130.90.210.230.38-0.77-0.440.64-0.37-0.44-0.21-0.240.330.68-0.350.24-0.15-0.35-0.30.180.760.02
0.830.87-0.68-0.620.550.56-0.380.87-0.35-0.830.86-0.68-0.830.4-0.570.830.160.21-0.35-0.650.22-0.490.690.76-0.44
-0.56-0.760.920.930.0-0.70.87-0.76-0.240.64-0.50.850.64-0.730.92-0.750.16-0.710.870.89-0.690.76-0.890.02-0.44
Click cells to compare fundamentals

Summit Midstream Account Relationship Matchups

Summit Midstream fundamental ratios Accounts

202120222023202420252026 (projected)
Total Assets2.5B2.6B2.5B2.4B2.1B2.0B
Other Current Liab67.4M90.3M91.6M113.9M131.0M83.0M
Net Debt1.4B1.5B1.5B970.8M873.7M1.1B
Accounts Payable10.5M14.1M22.7M25.2M28.9M19.9M
Cash7.3M11.8M14.0M22.8M26.2M14.9M
Net Receivables62.1M75.3M76.3M77.1M69.4M60.0M
Other Current Assets17.9M10.4M8.1M18.4M16.6M12.3M
Total Liab1.5B1.7B1.7B1.4B1.6B1.4B
Total Current Assets87.4M97.5M98.4M118.3M106.4M83.1M
Short Term Debt1.4M13.5M19.7M16.6M19.1M10.9M
Intangible Assets172.9M198.7M175.6M154.3M138.9M151.1M
Common Stock734.6M679.5M621.7M181K162.9K154.8K
Long Term Debt1.4B1.5B1.5B977.0M879.3M1.1B
Net Invested Capital2.3B2.3B2.2B1.4B1.2B1.7B
Net Working Capital8.1M(20.3M)(35.6M)(56.5M)(50.9M)(48.3M)
Today, most investors in Summit Midstream Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Summit Midstream's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Summit Midstream growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.0277)

At present, Summit Midstream's Price Earnings To Growth Ratio is projected to increase slightly based on the last few years of reporting.

Summit Midstream February 3, 2026 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Summit Midstream help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Summit Midstream. We use our internally-developed statistical techniques to arrive at the intrinsic value of Summit Midstream based on widely used predictive technical indicators. In general, we focus on analyzing Summit Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Summit Midstream's daily price indicators and compare them against related drivers.

Complementary Tools for Summit Stock analysis

When running Summit Midstream's price analysis, check to measure Summit Midstream's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Summit Midstream is operating at the current time. Most of Summit Midstream's value examination focuses on studying past and present price action to predict the probability of Summit Midstream's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Summit Midstream's price. Additionally, you may evaluate how the addition of Summit Midstream to your portfolios can decrease your overall portfolio volatility.
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios