Proven track record of providing energy solutions...



Headquartered in Houston, Texas, Summit Midstream Corporation (NYSE: SMC) is a value-driven corporation focused on developing, owning and operating midstream energy infrastructure assets that are strategically located in unconventional resource basins, primarily shale formations, in the continental United States.
We currently operate natural gas, crude oil and produced water gathering systems in five 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;
- the Piceance Basin in Colorado, which includes the liquids-rich Mesaverde formation as well as the emerging Mancos and Niobrara Shale formations; and
- the Arkoma Basin in Oklahoma, which includes the Woodford and Caney Shale formations.
Our systems and the basins they serve are as follows:
- the Polar & Divide system, which serves the Williston Basin;
- the DFW Midstream system, which serves the Fort Worth Basin;
- the Grand River system, which serves the Piceance Basin
- the Niobrara G&P system, which serves the DJ Basin; and
- the Arkoma G&P system, which serves the Arkoma Basin.
SMC has an equity investment in and operates Double E Pipeline, LLC, which is natural gas transmission infrastructure that provides transportation service from multiple receipt points in the Delaware Basin to various delivery points in and around the Waha Hub in Texas.
We generate a substantial majority of our revenue under primarily long-term and fee-based gathering agreements with our customers. The majority of our gathering agreements are underpinned by areas of mutual interest (“AMIs”) and minimum volume commitments (“MVCs”). Our AMIs provide that any production drilled by our customers within the AMIs will be shipped on our gathering systems. The MVCs are designed to ensure that we will generate a minimum amount of gathering revenue over the life of each respective gathering agreement. The fee-based nature of the majority of the gathering agreements enhances the stability of our cash flows and limits our direct commodity price exposure.
Since our formation in 2009, our management team has established a track record of executing this strategy through the acquisition and subsequent development of DFW Midstream, Grand River, Polar & Divide, Niobrara G&P, and Double E Pipeline.
Summit Investments was formed in 2009, and in September of 2012, Summit Midstream Partners, LP priced its initial public offering of common units and began trading on the New York Stock Exchange under the ticker symbol "SMLP". In August 2024, unitholders voted to approve the conversion from a master limited partnership to a C-corporation. Summit Midstream Corporation was formed and began trading on the New York Stock Exchange under the ticker symbol "SMC".
SMC is a value-driven corporation focused on developing, owning and operating midstream energy infrastructure assets that are strategically located in the core producing areas of unconventional resource basins, primarily shale formations, in the continental United States. SMC provides natural gas, crude oil and produced water gathering, processing and transportation services pursuant to primarily long-term, fee-based agreements with customers and counterparties in five unconventional resource basins:
- the Williston Basin, which includes the Bakken and Three Forks shale formations in North Dakota;
- the Denver-Julesburg Basin, which includes the Niobrara and Codell shale formations in Colorado and Wyoming;
- the Fort Worth Basin, which includes the Barnett Shale formation in Texas;
- the Piceance Basin, which includes the Mesaverde formation as well as the Mancos and Niobrara shale formations in Colorado; and
- the Arkoma Basin, which includes the Woodford and Caney Shale formations in Oklahoma.
SMC has an equity method investment in Double E Pipeline, LLC, which provides interstate natural gas transportation service from multiple receipt points in the Delaware Basin to various delivery points in and around the Waha Hub in Texas. SMC is headquartered in Houston, Texas.
Our key business strategies are as follows:
- Maintaining our focus on fee-based revenue with minimal direct commodity price exposure
- Allocating capital to maximize shareholder value
- Maintaining strong producer relationships to maximize utilization of all of our midstream assets
- Continuing to prioritize safe and reliable operations