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NYSE:SMC

Summit Midstream Partners (SMC) Stock Price, News & Analysis

Summit Midstream Partners logo
$34.05 +0.16 (+0.47%)
As of 08/28/2026 03:56 PM Eastern

About Summit Midstream Partners Stock (NYSE:SMC)

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Key Stats

Today's Range
$33.50
$34.45
50-Day Range
$28.38
$34.90
52-Week Range
$19.83
$36.47
Volume
26,967 shs
Average Volume
54,939 shs
Market Capitalization
$691.49 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$43.00
Consensus Rating
Moderate Buy

Company Overview

Summit Midstream Partners 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.

AI Generated. May Contain Errors.

Summit Midstream Partners Stock Analysis - MarketRank™

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84th Percentile Overall Score

SMC MarketRank™: 

Summit Midstream Partners scored higher than 84% of companies evaluated by MarketBeat, and ranked 104th out of 251 stocks in the energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Summit Midstream Partners has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on no strong buy ratings, 2 buy ratings, 2 hold ratings, and no sell ratings.

  • Upside Potential

    Summit Midstream Partners has a consensus price target of $43.00, representing about 26.3% upside from its current price of $34.05.

  • Amount of Analyst Coverage

    Summit Midstream Partners has only been the subject of 2 research reports in the past 90 days.

  • Read more about Summit Midstream Partners' stock forecast and price target.
  • Earnings Growth

    Earnings for Summit Midstream Partners are expected to grow by 200.00% in the coming year, from $0.40 to $1.20 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Summit Midstream Partners is -30.68, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Summit Midstream Partners is -30.68, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    Summit Midstream Partners has a P/B Ratio of 0.81. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Read more about Summit Midstream Partners' valuation and earnings.
  • Percentage of Shares Shorted

    2.36% of the float of Summit Midstream Partners has been sold short.
  • Short Interest Ratio / Days to Cover

    Summit Midstream Partners has a short interest ratio ("days to cover") of 3.94, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Summit Midstream Partners has recently increased by 2.09%, indicating that investor sentiment is decreasing.
  • Dividend Yield

    Summit Midstream Partners does not currently pay a dividend.

  • Dividend Growth

    Summit Midstream Partners does not have a long track record of dividend growth.

  • News Sentiment

    Summit Midstream Partners has a news sentiment score of 1.45. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.87 average news sentiment score of Energy companies.
  • News Coverage This Week

    MarketBeat has tracked 1 news article for Summit Midstream Partners this week, compared to 1 article on an average week.
  • Search Interest

    2 people have searched for SMC on MarketBeat in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Summit Midstream Partners insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $77,272.00 in company stock.

  • Percentage Held by Insiders

    42.96% of the stock of Summit Midstream Partners is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    42.97% of the stock of Summit Midstream Partners is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Summit Midstream Partners' insider trading history.
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SMC Stock News Headlines

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SMC Stock Analysis - Frequently Asked Questions

Summit Midstream Partners' stock was trading at $26.5820 at the beginning of the year. Since then, SMC stock has increased by 28.1% and is now trading at $34.05.

Summit Midstream Partners, LP (NYSE:SMC) issued its earnings results on Monday, August, 10th. The company reported $0.11 EPS for the quarter, topping analysts' consensus estimates of ($0.36) by $0.47. The firm had revenue of $155.01 million for the quarter, compared to the consensus estimate of $169 million. Summit Midstream Partners had a negative trailing twelve-month return on equity of 0.04% and a negative net margin of 0.06%.
Read the conference call transcript
.

Summit Midstream Partners' Board of Directors approved a share repurchase program on Monday, June 1st 2026, which allows the company to buy back $35,000,000 in shares, according to EventVestor. This means that the company could reacquire up to 6.5% of its stock through open market purchases. Stock buyback programs are typically a sign that the company's leadership believes its shares are undervalued.

Summit Midstream Partners' top institutional investors include Odyssean LLC (0.08%), Valeo Financial Advisors LLC (0.05%), Ancora Advisors LLC (0.02%) and California State Teachers Retirement System (0.02%). Insiders that own company stock include J Heath Deneke, James David Johnston and Jerry L Peters.
View institutional ownership trends
.

Shares of SMC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Summit Midstream Partners investors own include Financial Select Sector SPDR Fund (XLF), Energy Select Sector SPDR Fund (XLE), Select Water Solutions (WTTR), Pfizer (PFE), Ramaco Resources (METCB) and Ramaco Resources (METC).

Company Calendar

Last Earnings
8/10/2026
Today
8/30/2026
Next Earnings (Estimated)
11/09/2026
Fiscal Year End
12/31/2026

Industry, Sector and Symbol

Stock Exchange
NYSE
Sector
Energy
Industry
Oil, Gas & Consumable Fuels
Sub-Industry
Oil & Gas Storage & Transportation
Current Symbol
NYSE:SMC
Previous Symbol
NYSE:SMC
CIK
2024218
Fax
N/A
Employees
244
Year Founded
2009

Price Target and Rating

High Price Target
$47.00
Low Price Target
$39.00
Potential Upside/Downside
+26.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
4 Analysts

Profitability

EPS (Trailing Twelve Months)
($1.11)
Trailing P/E Ratio
N/A
Forward P/E Ratio
85.13
P/E Growth
N/A
Net Income
$8.93 million
Net Margins
-0.06%
Pretax Margin
-3.72%
Return on Equity
-0.04%
Return on Assets
-0.01%

Debt

Debt-to-Equity Ratio
1.45
Current Ratio
0.94
Quick Ratio
0.94

Sales & Book Value

Annual Sales
$583.33 million
Price / Sales
1.19
Cash Flow
$6.24 per share
Price / Cash Flow
5.46
Book Value
$42.09 per share
Price / Book
0.81

Miscellaneous

Outstanding Shares
20,308,000
Free Float
11,584,000
Market Cap
$691.49 million
Optionable
N/A
Beta
0.71

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This page (NYSE:SMC) was last updated on 8/30/2026 by MarketBeat.com Staff.
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