About Summit Midstream
Summit Midstream is a publicly listed company based in The Woodlands (United States) founded in 2009 by Steve Newby, and was acquired by Energy Capital Partners in May 2020. Natural gas gathering and midstream services are provided. It operates on a Managed Services model. The company has 272 employees. Summit Midstream has completed 2 acquisitions, including Summit Midstream and Tall Oak Midstream. Its chief executive, as recorded, is Steve Newby. Summit Midstream offers products and services including Energy Infrastructure Development. Its focus areas include Energy, Midstream Energy and Infrastructure Development. Its legal entity is Summit Midstream Corporation. Its competitors include Dominion Energy, Eni Next and Noble Energy.
Company details
Summit Midstream is focused on acquiring and developing energy infrastructure assets. Operations are centered in the midstream energy sector, connecting natural resources across America. Solutions are provided to support the gathering and development of energy resources for future needs.
- Headquarters The Woodlands, United States
- Employees 272
- Founders Steve Newby
- Stage Acquired
- SectorsEnergy & Utilities
- Phone•••• ••••
- Website summitmidstream.com
- Social LinkedIn
- Acquired by Energy Capital Partners (May 2020)
- Legal Name Summit Midstream Corporation
- Annual Revenue$562.09 M (USD)30.83as on Dec 31, 2025
- Net Profit$8.93 M (USD)as on Dec 31, 2025
- EBITDA$203.73 M (USD)28.11as on Dec 31, 2025
- Latest Funding Round$42M (USD), Post-IPO
May 2026
- InvestorsEnergy Capital Partners
& 1 more
- Employee Count272
- Investments & AcquisitionsSummit Midstream
& 1 more
- Acquired byEnergy Capital Partners
(May 2020)
Products & Services of Summit Midstream
Summit Midstream offers a comprehensive portfolio of products and services, including Energy Infrastructure Development.
Energy infrastructure assets are acquired and developed strategically.
Funding Insights of Summit Midstream
- Total Rounds 2
- Last Round Post-IPO — $42M
- First Round $80M
(Dec 2019)
- Investors Count 1
All 2 funding rounds of Summit Midstream with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2026 | $42M | Post-IPO | – | – | |
| Dec 2019 | $80M | Post-IPO | – | – | – |
2 investors in total: 2 institutional.
Investors in Summit Midstream
Summit Midstream has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Energy Capital Partners and Tailwater Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Energy Capital Partners is focused on energy transition investments. | 2005 | ecpartners.com | Summit, United States | |
| tailwatercapital.com |
Investor details for Summit Midstream
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People of Summit Midstream
92 people are tracked at Summit Midstream (24 in leadership, 6 in board & advisors, 62 in team); the tracked headcount is 272.
| Name | Role | Group |
|---|---|---|
Steve Newby | Founder & CEO | Leadership |
J. Heath Deneke | President & CEO | Leadership |
Brad Graves | Chief Commercial Officer | Leadership |
Cameron Bingham | Vp, Engineering & Construction | Leadership |
James Johnston | EVP, General Counsel & Chief Compliance Officer | Leadership |
Bill Mault | EVP & CFO | Leadership |
Matt Sicinski | SVP & Chief Accounting Officer | Leadership |
Stephens Steve | Director | Leadership |
David Ray | Director Of Operations | Leadership |
William Mault | Executive Vice President And Chief Financial Officer | Leadership |
Tiffany W. | HR Director | Leadership |
Randall Burton | Director Of Finance | Leadership |
John Griffin | Vice President, Deputy General Counsel | Leadership |
Paul Furman | Vice President, Operational Technology | Leadership |
April Long | Director - Gas Accounting | Leadership |
Paul Passino | Director, Commercial | Leadership |
Louis Krannich | Senior Vice President, Engineering And Operations | Leadership |
Alton Fisher | Director Construction Quality And Operational Excellence | Leadership |
Eric Siersma | Director, I&e | Leadership |
Rick Rodriguez | Director Of IT | Leadership |
72 more people are available in the full profile.
Complete people profiles for Summit Midstream
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IPO & Listings of Summit Midstream
Summit Midstream is a publicly listed company on the NYSE with ticker symbol SMC in USA, operating in the Industrial services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date28 Sep 2012
- Listed onNYSE: SMLP · NYSE: SMC
- Listed entitySummit Midstream Corporation
- Exchange sectorIndustrial services
- ISINUS86614G1013
- Share price$32.29 (+0.5% on the day) · 2026-10-13
- Market capitalisation$655.7M
- EPS (diluted, trailing year)$-1.10
- Volume (last session)101,800
Financials of Summit Midstream
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | $562.1M | $8.9M | $203.7M |
| 2024 | $429.6M | -$107.3M | $159.0M |
| 2023 | $458.9M | -$39.0M | $205.8M |
| 2022 | $369.6M | -$102.5M | $178.5M |
| 2021 | $400.6M | -$19.9M | $211.6M |
Detailed financial statements for Summit Midstream
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Investments & Acquisitions by Summit Midstream
Summit Midstream has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Summit Midstream and Tall Oak Midstream.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Provider of oil & gas processing, compression, transportation, and marketing services | talloakmidstream.com | Edmond, United States | 2014 | Dec 2024 | $155M | |
Natural gas is gathered, transmitted, and compressed across operations. | sterlingenergy.us | Denver, United States | 2000 | Oct 2022 | •••• |
Complete acquisition details for Summit Midstream
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Timeline of Summit Midstream
7 dated milestones of Summit Midstream across 17 years, from founding to its latest funding, stage changes and deals.
- Founded Summit Midstream is founded.
- IPO Lists on the stock exchange (IPO).
- Funding First funding round of $80.0M.
- Exit Acquired by Energy Capital Partners.
- Acquisition Acquires Summit Midstream.
- Acquisition Acquires Tall Oak Midstream.
- Funding Latest funding round, Post-IPO, of $42.0M.
Competitors of Summit Midstream
Summit Midstream has 3 listed competitors in our database. They include Dominion Energy, Eni Next and Noble Energy.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| dominionenergy.com | 1983 | United States | 17,700 | Energy production and transportation are conducted by Dominion Energy. | ||
| eni.com | 1953 | Boston, United States | 62 | Provider of exploration, production, and distribution services of oil & gas | ||
| nblenergy.com | 1932 | Houston, United States | 2,277 | Oil and natural gas exploration, production, and processing company |
Detailed competitors of Summit Midstream
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Web traffic of Summit Midstream
The website of Summit Midstream (summitmidstream.com) receives about 1.5K visits a month.
- Monthly visits1.5K
Websites whose visitors overlap most with Summit Midstream. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| eaglefordshale.com | 100% | 3.5K | #4,917,342 | View details | |
downstreamtoday.com | downstreamtoday.com | 100% | – |
Top companies in Oil & Gas Operations
3 companies that operate in the same segment as Summit Midstream (Oil & Gas Operations) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Oilfield services and products are supplied worldwide by Schlumberger. | 1926 | United States | USD 35.69 B | 110,000 | ||
bp is recognized as a global energy company. | 1909 | United States | USD 185.5 B | 100,500 | ||
Energy production and transportation are conducted by Dominion Energy. | 1983 | United States | USD 16.73 B | 14,700 |
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Related news about Summit Midstream
Complete news archive for Summit Midstream
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Frequently Asked Questions about Summit Midstream
Summit Midstream was founded in 2009 and raised its 1st funding round 10 years after it was founded.
Summit Midstream is headquartered in The Woodlands, United States. It is registered at The Woodlands, Texas, United States.
Steve Newby is the CEO of Summit Midstream, as recorded in our data. They have also founded this company.
Summit Midstream has 272 employees.
Annual revenue of Summit Midstream is $562.09M as on Dec 31, 2025.
Summit Midstream is focused on acquiring and developing energy infrastructure assets. Operations are centered in the midstream energy sector, connecting natural resources across America. Solutions are provided to support the gathering and development of energy resources for future needs.
Summit Midstream's top competitors include Dominion Energy, Eni Next and Noble Energy.
Summit Midstream offers Energy Infrastructure Development.
Yes, Summit Midstream is publicly traded on NYSE under the ticker symbol SMC.
Summit Midstream has made 2 acquisitions, including Summit Midstream, and Tall Oak Midstream.
Summit Midstream has 2 investors. Key investors include Energy Capital Partners, and Tailwater Capital.
Summit Midstream operates through Summit Midstream Corporation.