Summit Midstream Partners (NYSE:SMC) is a publicly traded master limited partnership that provides gathering, compression, processing and transportation services for natural gas, natural gas liquids (NGLs) and crude oil in key U.S. onshore basins. The company’s assets include a network of intrastate and interstate pipelines, processing plants, fractionators and storage facilities designed to serve producers, marketers and end users throughout the Appalachian, Gulf Coast, Mid-Continent and Western Canadian Sedimentary basins.
In the Appalachian region, Summit operates extensive gathering lines and multiple gas-processing complexes connected to the Mountaineer NGL Hub, one of the largest fractionation and storage hubs in the Mid-Atlantic. Beyond Appalachia, the partnership has strategically expanded through joint ventures and acquisitions in the Anadarko Basin, Haynesville Shale and Permian Basin, where its infrastructure supports the efficient movement of hydrocarbons from wellhead to market.
Since its formation in 2013 and initial public offering, Summit Midstream has grown its asset portfolio through organic build-outs and targeted acquisitions, positioning itself as a midstream provider capable of adapting to changing production patterns and takeaway constraints. The partnership is sponsored by Summit Midstream Holdings, a portfolio company backed by private equity investors, which continues to support its long-term growth strategy.
Kevin E. Cunningham serves as President and Chief Executive Officer of Summit Midstream Partners, leading a management team with deep experience in midstream operations, project development and commercial marketing. Under his direction, the company focuses on operational reliability, strategic capital allocation and expanding service offerings to meet the evolving needs of its producer and utility customers.
