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Summit Midstream Corporation  (NYSE: SMC)
    Sector  Utilities    Industry Natural Gas Utilities
   Industry Natural Gas Utilities
   Sector  Utilities
 

Summit Midstream's Customers Performance

SMC



 
SMC's Source of Revenues During the corresponding time, Summit Midstream Corporation recorded a revenue increase by 10.55 % year on year, sequentially revenue grew by 11.41 %. While revenue at the Summit Midstream Corporation's corporate clients

List of SMC Customers




for the same period Summit Midstream Corporation recorded revenue increase by 10.55 % year on year, sequentially revenue grew by 11.41 %.

List of SMC Customers

Summit Midstream's Business Units
Natural Gas, Gathering, Transportation, Marketing and Processing    78.88 % of total Revenue
Oil and Condensate    101.78 % of total Revenue
Product and Service, Other    9.11 % of total Revenue
Rockies    119.98 % of total Revenue
Mid-Con Other revenues Reportable Segments    1.22 % of total Revenue
Mid-Con Barnett Shale    49.41 % of total Revenue
Piceance Basin    19.14 % of total Revenue
Gathering services and related fees    78.88 % of total Revenue
Natural Gas N G L and Condensate Sales    101.78 % of total Revenue






Summit Midstream's Comment on Sales, Marketing and Customers



The company provides midstream services, including gathering and processing capacity, primarily serving producer customers in the DJ Basin and the Williston Basin. It expanded its presence in the DJ Basin through the acquisition of Moonrise Midstream, LLC, enhancing processing capacity and flow assurance for customers in that area. In the Williston Basin, the company secured a 10-year extension and a new 15-year gathering agreement with key customers. Additionally, Double E executed a precedent agreement for 100 MMcf/d of firm capacity related to a processing plant expansion in Lea County, New Mexico, along with subsequent agreements for 210 MMcf/d and 230 MMcf/d of firm capacity, with terms commencing in late 2026. Customers and markets mentioned in filings include Double E, Fundare Resources Company, LLC, and Moonrise Midstream, LLC.





Summit Midstream’s Comment on Sales, Marketing and Customers


The company provides midstream services, including gathering and processing capacity, primarily serving producer customers in the DJ Basin and the Williston Basin. It expanded its presence in the DJ Basin through the acquisition of Moonrise Midstream, LLC, enhancing processing capacity and flow assurance for customers in that area. In the Williston Basin, the company secured a 10-year extension and a new 15-year gathering agreement with key customers. Additionally, Double E executed a precedent agreement for 100 MMcf/d of firm capacity related to a processing plant expansion in Lea County, New Mexico, along with subsequent agreements for 210 MMcf/d and 230 MMcf/d of firm capacity, with terms commencing in late 2026. Customers and markets mentioned in filings include Double E, Fundare Resources Company, LLC, and Moonrise Midstream, LLC.








SMC's vs. Customers, Data

(Revenue and Income for Trailing 12 Months, in Millions of $, except Employees)



COMPANY NAME MARKET CAP REVENUES INCOME EMPLOYEES
Summit Midstream Corporation 488.77 568.54 -9.71 296
SUBTOTAL 0.00 0.00 0.00 -

Sources: Summit Midstream Corporation’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: Summit Midstream Corporation’s corporate clients.
For your research, we’ve provided 9 tables on Summit Midstream Corporation corporate clients.
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