To the full analysis
Summit Midstream stock: growth
SMCSummit Midstream reported $562.09M in revenue for fiscal 2025, up 30.8% on the prior year, up 7.9% a year on average over up to five years.
Daily figure as of 13 Nov 2026
Revenue (Annual rate)
4%
per year from 2019 to 2025, per share −8.9%
Earnings (Annual rate)
no data
Free cash flow (Annual rate)
no data
Growth per year by period
What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.
| since 2020 | since 2019 | |
|---|---|---|
| Revenue | 7.9% | 4.0% |
| Revenue per share | −15.4% | −8.9% |
| Earnings | no data | no data |
| Earnings per share | no data | no data |
| Free cash flow | −22.1% | no data |
| Free cash flow per share | −38.9% | no data |
Fiscal years at a glance
How revenue and earnings grow
- Revenue
- Earnings
- Free cash flow
Figures as a table
| Year | Revenue | Earnings | Free cash flow |
|---|---|---|---|
| 2019 | $444.75M | −$213.01M | −$20.55M |
| 2020 | $383.47M | $192.35M | $155.46M |
| 2021 | $401.56M | −$19.95M | $140.07M |
| 2022 | $369.59M | −$123.46M | $68.27M |
| 2023 | $458.9M | −$38.95M | $58M |
| 2024 | $429.62M | −$113.18M | $8.16M |
| 2025 | $562.09M | −$1.91M | $44.55M |
Revenue by segment
How Summit Midstream Corp. makes its money and how that has shifted. Names are as the company reports them.
- Natural Gas N G L And Condensate Sales47%
- Gathering Servicesand Related Fees45%
- Other7%
“Other” combines smaller and former segments with revenue the company does not assign to a segment. Names as reported, with abbreviations spelled out for the largest companies.
Figures as a table
| 2024 | 2025 | Share 2025 | |
|---|---|---|---|
| Natural Gas N G L And Condensate Sales | $195.03M | $265.06M | 47.2% |
| Gathering Servicesand Related Fees | $200.84M | $255.68M | 45.5% |
| Other | $33.75M | $41.36M | 7.4% |
| Total revenue | $429.62M | $562.09M | 100% |
Revenue by region
Where Summit Midstream Corp. generates its revenue.
- Rockies59%
- Mid-Con Barnett Shale28%
- Piceance Basin12%
- Other< 1%
“Other” combines smaller regions with revenue the company does not assign to a region.
Figures as a table
| 2024 | 2025 | Share 2025 | |
|---|---|---|---|
| Rockies | $268.51M | $329.35M | 58.6% |
| Mid-Con Barnett Shale | $56.89M | $159.23M | 28.3% |
| Piceance Basin | $81M | $69.87M | 12.4% |
| Other | $23.22M | $0 | 0% |
| Total revenue | $429.62M | $562.09M | 100% |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Weak, published since 7 Nov 2026 (in the score history since 25 Jul 2025)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.