Summit Midstream Corp.

SMC

SMCSummit Midstream Corp. US flag

New York Stock Exchange

29.23

USD

-0.52

- -

403.79MMarket Cap

Income Statement (USD)

API Chat

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Sales/Revenue/Turnover	104	174	324	387	401	402	489	507	444	383	401	370	459	430	562
+ Sales & Services Revenue	104	174	324	387	401	402	489	507	444	383	401	370	459	430	562
- Cost of Revenue	41	94	216	258	232	235	267	312	273	241	275	280	336	317	412
+ Cost of Goods & Services	41	94	216	258	232	235	267	312	273	241	275	280	336	317	412
Gross Profit	62	81	108	129	169	167	222	195	171	143	125	90	123	113	150
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	17	22	32	48	67	52	55	53	56	73	58	45	42	56	61
+ Selling, General & Admin	17	22	32	43	45	52	55	53	56	73	58	45	42	56	61
+ Research & Development	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Expense	- -	- -	- -	5	22	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Operating Income (Loss)	45	58	76	81	102	115	167	142	115	69	67	45	81	57	89
- Non-Operating (Income) Loss	6	15	22	111	318	123	79	89	170	-108	95	186	119	24	91
+ Interest Expense, Net	3	13	19	49	59	64	68	61	92	79	66	102	141	115	95
+ Interest Expense	3	13	19	49	59	64	68	61	92	79	66	102	141	115	95
- Interest Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Non-Op (Income) Loss	3	2	3	62	259	59	11	28	78	-187	29	83	-21	-92	-4
Pretax Income	39	44	54	-30	-216	-8	89	53	-55	178	-28	-141	-39	34	-2
- Income Tax Expense (Benefit)	1	1	1	1	-1	- -	- -	- -	1	- -	- -	- -	- -	147	-1
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	38	43	53	-47	-222	-38	86	42	-394	189	-20	-123	-39	-113	-2
- Net Extraordinary Losses (Gains)	- -	26	11	-17	-23	17	21	19	-419	-7	- -	- -	- -	-6	-11
+ Discontinued Operations	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	- -	26	11	-17	-23	17	21	19	-419	-7	- -	- -	- -	-6	-11
Income (Loss) Incl. MI	38	17	42	-30	-199	-55	65	23	25	196	-20	-123	-39	-107	9
- Minority Interest	- -	- -	-1	-3	-3	-7	-11	-10	209	3	- -	- -	- -	6	11
Net Income, GAAP	38	17	43	-27	-196	-48	75	33	-184	192	-20	-123	-39	-113	-2
- Preferred Dividends	- -	- -	1	3	3	7	4	28	29	-71	24	4	24	22	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	38	17	42	-30	-199	-55	72	4	-213	263	-44	-128	-63	-135	-2
EBIT	45	58	76	81	102	115	167	142	115	69	67	45	81	57	89
EBITDA	57	95	147	173	208	228	282	249	227	188	187	165	205	159	204
EBITDA Margin (%)	54.59	54.65	45.51	44.57	51.94	56.57	57.77	49.13	51.1	49.1	46.73	44.54	44.56	37.02	36.25
EBITA	45	58	76	81	102	115	167	142	115	69	67	45	81	57	89
Gross Margin (%)	60.19	46.23	33.35	33.32	42.21	41.6	45.45	38.49	38.56	37.2	31.3	24.23	26.79	26.3	26.62
Operating Margin (%)	43.32	33.52	23.38	20.85	25.5	28.57	34.26	28.05	25.94	18.05	16.78	12.07	17.61	13.37	15.77
Profit Margin (%)	36.65	9.9	13.15	-7	-48.83	-11.97	15.44	6.47	-41.59	50.16	-4.98	-33.4	-8.49	-26.34	-0.34
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	- -	- -	26.34	31.76	35.85	36.81	37.44	42.81	27.18	- -	- -	0.32	0.63	0.61	1.64
Depreciation Expense	12	37	72	92	106	113	115	107	112	119	120	120	124	102	115
Basic Weighted Avg Shares	26	26	3	4	4	5	5	5	5	4	7	10	10	11	12
Basic EPS, GAAP	1.46	0.65	12.12	-7.86	-46.92	-12.18	14.84	0.88	-38.79	73.22	-6.57	-12.71	-6.11	-12.78	-0.16
Basic EPS from Cont Ops	1.46	1.65	15.43	-12.31	-52.39	-8.39	17.75	8.67	-71.7	52.64	-2.96	-12.29	-3.77	-10.68	-0.16
Diluted Weighted Avg Shares	26	26	3	4	4	5	5	5	5	5	7	10	10	11	12
Diluted EPS, GAAP	1.46	0.65	12.09	-7.86	-46.92	-12.18	14.77	0.88	-38.79	55.84	-6.57	-12.71	-6.11	-12.78	-0.16
Diluted EPS from Cont Ops	1.46	1.65	15.39	-12.31	-52.39	-8.39	17.67	8.63	-71.7	40.14	-2.96	-12.29	-3.77	-10.68	-0.16

Balance Sheet (USD)

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	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Total Current Assets	45	44	93	119	115	109	78	106	140	82	87	98	98	118	97
+ Cash, Cash Equivalents & STI	15	8	20	27	22	7	1	4	10	16	7	12	14	23	9
+ Cash & Cash Equivalents	15	8	20	27	22	7	1	4	10	16	7	12	14	23	9
+ ST Investments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Accounts & Notes Receiv	27	34	68	89	90	97	72	98	97	62	62	75	76	77	70
+ Accounts Receivable, Net	27	34	68	89	90	97	72	98	97	62	62	75	76	77	70
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	- -	1	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Assets	2	2	5	4	4	4	4	4	33	5	18	10	8	18	18
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	985	1,019	1,791	2,174	3,050	3,006	2,817	2,914	2,434	2,418	2,435	2,462	2,396	2,241	2,291
+ Property, Plant & Equip, Net	638	682	1,158	1,414	1,813	1,854	1,795	1,964	1,882	1,814	1,726	1,719	1,699	1,785	1,844
+ Property, Plant & Equip	650	716	1,229	1,536	2,002	2,113	2,105	2,351	2,326	2,336	2,337	2,395	2,469	2,510	2,593
- Accumulated Depreciation	12	34	71	122	189	259	309	387	444	522	611	677	770	725	749
+ LT Investments & Receivables	- -	- -	- -	- -	751	707	690	649	310	393	523	507	486	270	266
+ LT Investments	- -	- -	- -	- -	751	707	690	649	310	393	523	507	486	270	266
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	347	337	633	760	486	445	331	301	242	211	186	237	211	187	181
+ Total Intangible Assets	342	331	618	743	478	438	318	290	232	200	173	199	176	154	154
+ Goodwill	45	45	116	265	16	16	16	16	- -	- -	- -	- -	- -	- -	- -
+ Other Intangible Assets	297	286	502	478	461	421	301	273	232	200	173	199	176	154	154
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	5	6	15	17	8	7	14	12	10	12	13	38	35	32	27
Total Assets	1,030	1,064	1,884	2,294	3,165	3,115	2,895	3,021	2,574	2,500	2,522	2,560	2,494	2,359	2,388
+ Payables & Accruals	24	21	46	56	76	56	51	83	57	42	51	69	90	101	104
+ Accounts Payable	21	16	25	25	41	16	16	38	24	12	10	14	23	25	32
+ Accrued Taxes	2	5	8	9	10	11	8	11	8	9	9	10	9	10	10
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	- -	- -	13	22	25	29	26	34	24	21	32	45	58	67	63
+ ST Debt	- -	- -	- -	- -	- -	- -	- -	- -	6	- -	- -	11	16	17	21
+ ST Borrowings	- -	- -	- -	- -	- -	- -	- -	- -	6	- -	- -	11	16	17	21
+ ST Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Liabilities	5	5	13	16	15	16	18	27	27	26	28	38	29	57	51
+ Deferred Revenue	- -	1	2	2	1	- -	4	11	13	10	10	9	10	10	10
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	5	4	12	14	14	16	14	15	14	16	18	29	19	47	41
Total Current Liabilities	29	26	60	71	92	72	69	110	90	68	79	118	134	175	177
+ LT Debt	350	199	586	808	1,267	1,240	1,051	1,258	1,622	1,347	1,355	1,480	1,455	977	1,024
+ LT Borrowings	350	199	586	808	1,267	1,240	1,051	1,258	1,622	1,347	1,355	1,480	1,455	977	1,024
+ LT Finance Leases	147	199	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Liabilities	11	19	36	63	59	633	385	432	77	161	184	197	186	243	240
+ Accrued Liabilities	2	11	30	55	45	621	376	423	39	48	43	38	32	89	92
+ Pension Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	9	8	7	7	13	13	9	8	38	113	141	160	155	154	148
Total Noncurrent Liabilities	361	218	622	871	1,326	1,874	1,436	1,689	1,699	1,509	1,539	1,677	1,642	1,220	1,264
Total Liabilities	389	244	682	942	1,417	1,946	1,505	1,799	1,789	1,577	1,618	1,795	1,776	1,394	1,441
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	110	110
+ Share Capital & APIC	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	541	639
+ Common Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Additional Paid in Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	541	638
- Treasury Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Retained Earnings	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-183	-203
+ Other Equity	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Equity Before Minority Interest	641	819	1,202	1,352	1,747	1,158	1,379	1,221	599	923	904	765	719	468	546
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	11	11	- -	186	- -	- -	- -	- -	497	400
Total Equity	641	819	1,202	1,352	1,747	1,170	1,390	1,221	785	923	904	765	719	965	947
Total Liabilities & Equity	1,030	1,064	1,884	2,294	3,165	3,115	2,895	3,021	2,574	2,500	2,522	2,560	2,494	2,359	2,388
Shares Outstanding	26	26	26	27	27	5	5	5	6	6	7	10	10	11	12
Number of Employees	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Capital Leases - Total	147	199	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Debt	334	191	566	781	1,245	1,233	1,050	1,253	1,618	1,332	1,348	1,479	1,457	971	1,036
Net Debt to Equity	52.19	23.35	47.07	57.81	71.28	105.4	75.54	102.63	206.09	144.31	149.02	193.32	202.72	100.58	109.48
Tangible Common Equity Ratio	43.4	66.65	46.12	39.26	47.25	27.34	41.6	34.11	23.61	31.45	31.13	23.97	23.42	31.77	30.55
Current Ratio	1.56	1.68	1.56	1.67	1.26	1.52	1.13	0.97	1.56	1.2	1.1	0.83	0.73	0.68	0.55
Cash Conversion Cycle	-46.7	-8.79	22.53	38.72	29.69	40.48	41.02	29.24	38.31	48.33	41.67	51.85	40.3	37.54	22.53

Cash Flow Statement (USD)

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	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
+ Net Income	38	43	53	-47	-222	-38	86	42	-394	189	-20	-123	-39	-113	-2
+ Depreciation & Amortization	12	37	72	92	106	113	115	107	112	119	120	120	124	102	115
+ Non-Cash Items	6	9	6	90	311	145	66	87	468	-160	59	116	62	91	33
+ Stock-Based Compensation	3	2	4	6	7	8	8	8	8	8	5	4	7	9	8
+ Deferred Income Taxes	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	147	-1
+ Asset Impairment Charge	- -	- -	- -	60	258	2	189	7	77	13	10	92	1	68	3
+ Other Non-Cash Adj	3	7	2	24	46	135	-131	71	383	-181	44	20	55	-132	23
+ Chg in Non-Cash Work Cap	-16	1	10	19	-4	11	-29	-8	-24	50	6	-14	-20	-18	-13
+ (Inc) Dec in Accts Receiv	-17	-8	-20	-47	28	-8	25	-22	-5	35	- -	- -	-3	3	10
+ (Inc) Dec in Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ (Inc) Dec in Prepaid Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inc (Dec) in Accts Payable	3	- -	10	37	-20	3	-14	8	-13	-6	8	2	10	3	-1
+ Inc (Dec) in Other	-1	9	20	28	-12	16	-40	5	-5	21	-2	-16	-26	-24	-22
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	40	89	140	153	191	230	238	228	162	199	165	99	127	62	134
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	- -	- -	1	- -	- -	- -	2	- -	102	- -	- -	- -	- -	- -	- -
+ Disp of Fixed Prod Assets	- -	- -	1	- -	- -	- -	2	- -	102	- -	- -	- -	- -	- -	- -
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	-589	- -	-410	-316	-289	-359	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed Prod Assets	-589	- -	-410	-316	-289	-359	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash (Repurchase) of Equity	- -	263	88	198	222	125	310	- -	27	7	- -	- -	- -	- -	- -
+ Increase in Capital Stock	- -	263	100	198	222	125	310	- -	27	49	- -	- -	- -	- -	- -
+ Decrease in Capital Stock	- -	- -	-12	- -	- -	- -	- -	- -	- -	-42	- -	- -	- -	- -	- -
+ Net Change in LT Investment	- -	- -	- -	- -	- -	-32	-26	- -	- -	- -	- -	- -	- -	- -	- -
+ Dec in LT Investment	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inc in LT Investment	- -	- -	- -	- -	- -	-32	-26	- -	- -	- -	- -	- -	- -	- -	- -
+ Net Cash From Acq & Div	-589	- -	- -	-726	-86	-32	-26	-16	-18	-100	-149	-201	-4	536	-74
+ Cash from Divestitures	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	114	- -	694	- -
+ Cash for Acq of Subs	-589	- -	- -	-726	-86	-32	-26	-16	-18	-100	-149	-315	-4	-158	-74
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	511	-77	-183	-343	-272	-112	-99	-201	-175	-41	-17	-26	-71	-49	-89
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	-668	-77	-592	-1,385	-647	-534	-149	-216	-91	-141	-166	-227	-75	487	-163
+ Dividends Paid	- -	- -	-90	-122	-152	-168	-181	-209	-149	- -	- -	-3	-7	-7	-20
+ Net Cash From Debt	347	-157	93	464	400	316	-187	205	146	-19	25	143	-28	-502	54
+ Cash From Debt	347	213	681	994	734	520	748	289	369	284	1,150	377	99	871	391
+ Repayments of Debt	- -	-370	-588	-530	-334	-204	-934	-84	-223	-304	-1,124	-235	-127	-1,373	-337
+ Other Financing Activities	287	-122	371	694	-21	16	-37	-5	-74	-67	-21	-18	-15	-32	-10
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	634	-16	461	1,234	449	289	-95	-9	-50	-79	5	122	-49	-540	24
Effect of Foreign Exchange Rates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Changes in Cash	6	-4	9	2	-6	-14	-6	3	21	-21	4	-6	3	9	-6
EBITDA	57	95	147	173	208	228	282	249	227	188	187	165	205	159	204
EBITDA Margin (%)	54.59	54.65	45.51	44.57	51.94	56.57	57.77	49.13	51.1	49.1	46.73	44.54	44.56	37.02	36.25
Free Cash Flow	-550	89	-270	-163	-97	-129	238	228	162	199	165	99	127	62	134
Net Cash Paid for Acquisitions	589	- -	- -	726	86	32	26	16	18	100	149	201	4	-536	74
Free Cash Flow to Firm	-547	102	-251	- -	- -	- -	306	288	- -	- -	- -	- -	- -	-328	- -
Free Cash Flow to Equity	-203	-68	-177	298	300	180	50	405	381	250	166	237	75	-352	188
Free Cash Flow per Basic Share	-21.11	3.43	-78.72	-42.34	-22.92	-28.33	49.07	46.64	29.46	55.29	24.49	9.83	12.28	5.83	11.01
Price/Free Cash Flow	219.86	2,546.08	54.53	61.42	44.5	114.91	380.88	294.59	371.75	462.49	1,714.86	4,172.08	- -	6.48	2.42
Cash Flow to Net Income	1.05	5.18	3.3	-5.64	-0.98	-4.78	3.15	6.95	-0.88	1.03	-8.28	-0.8	-3.26	-0.55	-70.09
Capital Expenditures	-589	- -	-410	-316	-289	-359	- -	- -	- -	- -	- -	- -	- -	- -	- -