Summit Midstream Corp. SMC

What this company does

Summit Midstream Corporation develops, owns, and operates midstream energy infrastructure assets located in the core producing areas of unconventional resource basins, primarily shale formations, in the continental United States. Its midstream assets gather natural gas produced from pad sites, wells and central receipt points connected to its systems, which is then compressed, dehydrated, treated, and/or processed for delivery to downstream pipelines. As of December 31, 2025, the Company employed 296 people who provide direct, full-time support to its operations. Its AMIs cover approximately 5.9 million surface acres in the aggregate. During 2025, its aggregate natural gas volume throughput averaged 904 MMcf/d and crude oil and produced water volume throughput averaged 73 Mbbl/d. It has an equity method investment in the Double E Pipeline, a 1.6 Bcf/d FERC-regulated interstate natural gas transmission pipeline that commenced operations in November 2021, and as of December 31, 2025, the Company owned a 70% interest in Double E. As of December 31, 2025, the company's reportable segments were Rockies, Permian, Mid-Con, and Piceance. The Company was incorporated in Delaware on May 14, 2024 to serve as the new parent holding company of Summit Midstream Partners, LP, a Delaware master limited partnership formed in May 2012 whose common units, prior to August 1, 2024, were listed on the NYSE under the ticker symbol "SMLP."

Written from the business description in Summit Midstream Corp's annual report to the U.S. Securities and Exchange Commission, filed 16 March 2026. Every sentence was checked against that document before publication.