Summit Midstream Corp（SMC）の財務SMCSummit Midstream Corp

Summit Midstream Corp (SMC) generates its revenue through a diversified portfolio of business segments. Currently, the largest contributor to its top-line growth is Rockies, accounting for 57.3% of total sales, equivalent to $80.32M. Other significant revenue streams include Barnett Shale and Piceance Basin. Understanding this composition is critical for investors evaluating how SMC navigates market cycles within the Oil & Gas Transportation Services industry.

Evaluating the bottom line, Summit Midstream Corp maintains a gross margin of 25.33%. This metric reflects the company's pricing power and manufacturing efficiency. Further down the income statement, the operating margin stands at 16.49%, while the net margin is 2.94%. These profitability ratios, combined with a Return on Equity (ROE) of -2.73%, provide a clear picture of how effectively SMC converts its operational activities into shareholder value.

In the context of the broader market, SMC competes directly with industry leaders such as HMR and MMLP. With a market capitalization of $651.28M, it holds a leading position in the sector. When comparing efficiency, SMC's gross margin of 25.33% stands against HMR's 98.18% and MMLP's 43.52%. Such benchmarking helps identify whether Summit Midstream Corp is trading at a premium or discount relative to its financial performance.

Summit Midstream has shown a strong revenue trajectory, with Q2 2026 revenue of $155 million, up from $139 million in Q1 2026, and an adjusted EBITDA of $60.7 million, reflecting a 12% increase from the previous quarter. The gross margin stands at 25.33%, indicating solid profitability despite recent losses.