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Forecast

The analysts' average price target is €34.77 (+35.45%). The median is €34.77 (+35.45%).

Buy	1
Hold	0
Sell	0

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Summit Midstream beats Q2 forecasts and raises full-year EBITDA outlook

Summit Midstream reported Q2 earnings of $0.11 per share versus expected -$0.37 and revenue of $155.01 million (expectation $144.40 million). Adjusted EBITDA rose 12% q/q to $60.7 million; management raised the full-year adjusted EBITDA guidance to $235–255 million. The company increased capex guidance to $100–120 million, reported leverage of 4.1x and is targeting 3.5x within 12–18 months. The stock rose about 4.5% in after-hours trading and is trading near its 52-week high. » More on de.investing.com

Historical dividends Dividends

All dividend metrics All metrics

In 2020, Summit Midstream Partners LP has already paid €0.12 in dividends. The last payout was in February 2020.

Financials

In the last quarter, Summit Midstream Partners LP had revenue of €135.82M and net profit of €3.04M

(EUR)	June 2026	YoY
Revenue	135.82M	14.17%
Gross profit	57.93M	95.03%
Net profit	3.04M	387.32%
EBITDA	52.68M	26.27%

Fundamentals

Metric	Value
Market capitalization	€353.94M
Number of shares	13.78M
52-week high/low	€32.52 - €18.55
Dividends	No
Beta	0.88
P/E ratio	-26.18
PEG ratio	-0.11
P/B ratio	0.66
P/S ratio	0.68

Company profile

Summit Midstream Corporation focuses on owning, developing, and operating midstream energy infrastructure assets primarily shale formations in the continental United States. It operates natural gas, crude oil, and produced water gathering systems in four unconventional resource basins, including the Williston Basin in North Dakota, which includes the Bakken and Three Forks shale formations; the Denver-Julesburg Basin that consists of the Niobrara and Codell shale formations in Colorado and Wyoming; the Fort Worth Basin in Texas, which comprises the Barnett Shale formation; and the Piceance Basin in Colorado, which includes the Mesaverde formation, as well as the emerging Mancos and Niobrara Shale formations. It serves natural gas and crude oil producers. Summit Midstream Corporation was founded in 2012 and is based in Houston, Texas.

Name	Summit Midstream Partners LP
CEO	J. Heath Deneke
Headquarters	Houston, tx USA
Website	summitmidstream.com
Industry	Oil, Gas & Consumable Fuels
IPO	02/22/2010
Employees	296