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Smart Investors Daily
SM

NYSE · SMC

Summit Midstream Corp.

Energy · Oil & Gas Midstream

$32.29

Down-$0.86 (-2.59%)

Updated Oct 8, 2026, 10:35 AM

SID Score

4.2/10

Composite research score

Smart Money

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Institutional and insider signal

Market cap
333.49M
P/E ratio
-22.44
Dividend yield
0.00%
52-week range
$26.13 – $36.47
Volume
74.94K
Avg. volume
67.33K

Price performance · SMC

SMC price history

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Latest SMC news

The latest Smart Investors Daily articles mentioning SMC.

SMC research

Overview

Company profile and research snapshot.

Company profile

Summit Midstream Corp is a value-driven corporation focused on developing, owning and operating midstream energy infrastructure assets strategically located in unconventional resource basins, shale formations, in the continental U.S. It currently operates natural gas, crude oil and produced water gathering systems in four unconventional resource basins: the Williston Basin in North Dakota, which includes the Bakken and Three Forks shale formations; the Denver-Julesburg Basin, which includes the Niobrara and Codell shale formations in Colorado and Wyoming; the Fort Worth Basin in Texas, which includes the Barnett Shale formation; and the Piceance Basin in Colorado, which includes the liquids-rich Mesaverde formation as well as the emerging Mancos and Niobrara Shale formations.

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Analyst outlook

Consensus and target data currently published for this company.

Consensus
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Average target
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Implied upside
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Analysts
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SMC recent ratings
DateFirmRatingTarget
Aug 12, 2026TD CowenBuy—
Aug 4, 2026TD CowenBuy—
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Yahoo · Oct 7, 2026

Fundare Resources Completes Final Divestiture and Concludes Five-Year Business Venture

DENVER, October 07, 2026--Fundare Resources Company, LLC ("Fundare" or the "Company") announced that it has completed the sale of its entire operated oil and gas business to Peoria Resources, LLC ("Peoria"), a subsidiary of JAPEX (U.S.) Corp. Through the transaction, Peoria acquired all of Fundare’s E&P assets in the Denver-Julesburg ("DJ") Basin of Colorado and the Green River Basin of Wyoming. This divestiture follows the March 2025 sale of Fundare’s DJ Basin midstream operations (Moonrise Mid

Yahoo · Aug 31, 2026

Summit Midstream Corporation Announces Final Investment Decision on Double E Pipeline Mainline Compression Expansion

Summit Midstream Corporation (NYSE: SMC) ("Summit", "SMC" or the "Company") announced today that Double E Pipeline, LLC ("Double E") has concluded a successful open season and reached a final investment decision on its previously announced mainline compression expansion project, supported by a new long-term firm transportation agreement with an investment-grade shipper.

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