OakChart

Summit Midstream Corp

SMCEnergy·Oil & Gas Midstream·USA·Small·NYSE·Nov 11 • 3:59 PM ET

30.89+0.59 (1.95%)
2026-11-12 01:46 CET
Market cap
417.64 USD m
Revenue, TTM
619.45 USD m
Net income, TTM
-3.53 USD m
Free cash flow, TTM
25.39 USD m
EPS diluted, TTM
-0.39
P/E
-
Compare

Price

SMC against its 20, 50 and 200-day averages
2050200beat
27.5030.0032.5035.00300K601KVolumeMay 26Jun 26Jul 26Aug 26Sep 26Oct 26Nov 26SMCclose 30.8920-day 30.0350-day 31.45200-day 30.7230.8952w high

15.3% under the 52-week high of 36.47 on 12 Aug 2026. 52-week low 22.06 on 11 Nov 2025. Last 15 sessions, 23.1% high to low

Volume 2.00× normal · the line is the 50-bar volume average

Profile

SMC
52-week range, 61% of the way up
22.0636.47

Summit Midstream Corp. engages in developing, owning, and operating midstream energy infrastructure assets. It operates through the following segments: Rockies, Permian, Piceance, Mid-Con, and Northeast. The Rockies segment includes the midstream assets located in the Williston Basin and the DJ Basin. The Permian segment refers to the equity method investment in Double E. The Piceance segment is involved in the midstream assets located in the Piceance Basin. The Mid-Con segment focuses on the midstream assets located in the Barnett Shale and Arkoma Basin. The Northeast segments cover its previously owned midstream assets located in the Utica and Marcellus shale plays, and the previously owned equity method investment in Ohio Gathering that was focused on the Utica Shale. The company was founded on May 14, 2024 and is headquartered in Houston, TX.

IndexRUT
Employees296
IPOSep 28, 2012
Beta0.88
ATR, 14d1.34
Rel volume2.00
Short float2.04%
Insider own29.80%
Inst own41.22%

Snapshot

6 groups

Valuation

IndexRUT
Market Cap627.31M
Enterprise Value2.25B
Income-3.53M
Sales619.45M
Book/sh39.56
Cash/sh1.14
Dividend Est.-
Dividend TTM-
Dividend Ex-Date-
Dividend Gr. 3/5Y- -
Payout-
Employees296
IPOSep 28, 2012

Ratios

P/E-
Forward P/E52.36
PEG-
P/S1.01
P/B0.78
P/C27.12
P/FCF24.71
EV/EBITDA10.88
EV/Sales3.62
Quick Ratio1.25
Current Ratio1.25
Debt/Eq2.05
LT Debt/Eq2.05
Option/ShortYes / Yes

Earnings

EPS (ttm)-0.39
EPS next Y0.59
EPS next Q0.20
EPS this Y102.17%
EPS next Y1585.71%
EPS next 5Y-
EPS past 3/5Y49.74% -
Sales past 3/5Y15.00% 7.95%
EPS Y/Y TTM88.79%
Sales Y/Y TTM17.58%
EPS Q/Q553.73%
Sales Q/Q24.59%
EarningsNov 09 AMC
EPS/Sales Surpr.404.35% 15.39%

Ownership

Insider Own29.80%
Insider Trans-0.25%
Inst Own41.22%
Inst Trans1.80%
ROA0.51%
ROE1.90%
ROIC0.66%
Gross Margin26.09%
Oper. Margin15.80%
Profit Margin-0.57%
SMA202.85%
SMA50-1.78%
SMA2000.55%
Trades-

Technical

Shs Outstand13.78M
Shs Float9.68M
Short Float2.04%
Short Ratio1.87
Short Interest0.20M
52W High36.47 -15.30%
52W Low22.06 40.03%
Volatility6.68% 4.46%
ATR (14)1.34
RSI (14)53.10
Beta0.88
Rel Volume2.00
Avg Volume105.67K
Volume211,367

Performance

Perf Week6.81%
Perf Month-4.34%
Perf Quarter-11.26%
Perf Half Y1.78%
Perf YTD15.78%
Perf Year32.18%
Perf 3Y51.27%
Perf 5Y-5.97%
Perf 10Y-90.74%
Recom1.00
Target Price46.50
Prev Close30.30
Price30.89
Change %1.95%

Analyst ratings

latest 10 of 20
DateActionAnalystRating changeTargetImplied
Aug 12, 2026ReiteratedTTD CowenBuy$39 → $43+39.2%
Aug 04, 2026InitiatedTTD CowenBuy$39+26.3%
Dec 18, 2025InitiatedNNoble Capital MarketsOutperform$47+52.2%
Jan 07, 2020DowngradeWWells FargoEqual Weight → Underweight$3.50-88.7%
Jun 19, 2019DowngradeCCitigroupBuy → Neutral$13 → $6.50-79.0%
Apr 29, 2019DowngradeRRBC Capital MktsOutperform → Sector Perform$17 → $10-67.6%
Mar 14, 2019DowngradeCCredit SuisseOutperform → Underperform$15 → $9-70.9%
Mar 07, 2019DowngradeRRobert W. BairdOutperform → Neutral$23 → $10-67.6%
Nov 20, 2018ReiteratedCCredit SuisseOutperform$18 → $15-51.4%
Oct 11, 2018InitiatedCCredit SuisseOutperform

Peers

Mkt cap
TickerCompanyMkt cap
KNTKKinetik Holdings Inc8.83B
WESWestern Midstream Partners LP17.07B
AMAntero Midstream Corp9.46B
HESMHess Midstream LP6.38B
TRGPTarga Resources Corp62.60B
NGLNGL Energy Partners LP1.95B
DTMDT Midstream Inc12.14B
GELGenesis Energy LP1.59B
MMLPMartin Midstream Partners LP87.63M
PAAPlains All American Pipeline LP17.09B

Insider trading

6 filings
InsiderRelationshipDateTransactionCostSharesValueTotal heldForm
Johnston James DavidExecutive VP, GC, CCO and SecyOct 01 '26Sale30.512,60079,32672,757Oct 02 08:58 PM
Johnston James DavidExecutive VP, GC, CCO and SecyJul 02 '26Sale29.722,60077,27275,357Jul 06 08:53 PM
JAMES JOHNSTONOfficerJul 02 '26Proposed Sale29.505,200153,400Jul 02 04:29 PM
PETERS JERRY LDirectorMay 19 '26Sale32.0010,000320,00016,979May 21 07:44 PM
PETERS JERRY LDirectorMay 18 '26Proposed Sale31.7010,000317,000May 18 03:19 PM
Connect Midstream, LLC10% OwnerMar 31 '26Buy31.081,220,91837,946,1311,367,397Apr 13 04:05 PM

Held by

AUM
TickerCompanyAUM
VTIVanguard Morningstar Total Stock Market ETFAUM: 687.42B
IWMiShares Russell 2000 Index FundAUM: 77.38B
AVUVAvantis U.S. Small Cap Value ETFAUM: 32.39B
VXFVanguard Extended Market Index ETFAUM: 30.47B
BSVOEA Bridgeway Omni Small-Cap Value ETFAUM: 2.44B
IWNiShares Russell 2000 Value ETFAUM: 14.10B
VTWOVanguard Russell 2000 Index ETFAUM: 16.75B
FNDASchwab Fundamental U.S. Small Company ETFAUM: 8.98B
IWCiShares Micro-Cap ETFAUM: 1.22B
AVSCAvantis U.S Small Cap Equity ETFAUM: 3.23B

News

latest 14 of 200
  • Summit Midstream Crushes Estimates And Lifts Its Growth Outlook Again, But Thinning Cash Flow And Expiring Piceance Support Temper The Beat (Earnings Whispers) +8.37%
  • Summit Midstream Corporation Reports Third Quarter 2026 Financial and Operating Results (PR Newswire)
  • Summit Midstream's Q3 Test: Proving The Williston Ramp Before The Peon Cushion Disappears (Earnings Whispers)
  • Summit Midstream Corporation Schedules Third Quarter 2026 Earnings Call (PR Newswire)
  • Summit Midstream makes FID on Double E Pipeline mainline expansion (Offshore Technology)
  • Summit Midstream Corporation Announces Final Investment Decision on Double E Pipeline Mainline Compression Expansion (PR Newswire)
  • Summit Midstream Corporation Reports Second Quarter 2026 Financial and Operating Results (PR Newswire) +8.92%
  • Summit Midstream Corporation Schedules Second Quarter 2026 Earnings Call (PR Newswire)
  • Summit Midstream Secures Additional Double E Commitments and Extends Open Season Amid Strong Shipper Demand (PR Newswire)
  • Why Super Micro Stock Plummeting Today (GuruFocus.com)
  • Summit Midstream Corporation Announces Inaugural $35 Million Stock Repurchase Program (PR Newswire) +11.93%
  • Summit Midstream Corp (SMC) Q1 2026 Earnings Call Highlights: Navigating Challenges and Seizing ... (GuruFocus.com)
  • Summit Midstream Corporation Reports First Quarter 2026 Financial and Operating Results (PR Newswire)
  • Summit Midstream Corporation Schedules First Quarter 2026 Earnings Call (PR Newswire)

Quarterly earnings

actual against estimate
PeriodReportedEPS actEPS estEPS repSales actSales estAnalysts
2026Q32026-11-090.5800.1150.580183.01158.62
2026Q22026-08-100.110-0.3550.114155.011692
2026Q12026-05-11-0.430-0.490-0.430139.14139.881
2025Q42026-03-16-0.6600.000-0.659142.29146.71
2025Q32025-11-10-0.130--0.129146.9--
2025Q22025-08-12---0.656140.22--
2025Q12025-05-08---0.160132.7--
2024Q42025-03-10---2.397107.02--
2024Q32024-11-12---19.245102.42--
2024Q22024-08-08-2.910--2.907101.32--
2024Q12024-05-0211.470-11.470118.87--
2023Q42024-03-15-2.120--2.116127.32--
2023Q32023-11-03-0.270--0.265121.19--
2023Q22023-08-09-1.9100.080-1.91397.8996.201
2023Q12023-05-05-1.8200.120-1.816112.598.401
2022Q42023-02-24-3.030-1.270-3.03185.7270.501

Annual earnings

PeriodEPS actEPS estEPS repSales actSales est
2016FY-10.650-11.038-10.650402.36379.46
2017FY15.28424.68714.700488.74475.85
2018FY6.411-1.3160.876506.65493.76
2019FY-69.150-11.301-38.792443.53430.83
2020FY55.8406.28171.195383.47367.4
2021FY-6.570-0.499-6.570400.62364.17
2022FY-12.710-11.550-12.707369.59290.2
2023FY-6.110--6.106458.9-
2025FY-1.610-0.950-1.610562.09566.5
2026FY-0.035--611.1
2027FY-0.590--638.05
2028FY-0.331---

Estimate revisions

last 14 periods
PeriodTypeDateEstimatesUpDownMeanLowHigh
2026Q4S2026-11-10100158.3158.3158.3
2026Q4S2026-11-09100158.3158.3158.3
2026Q4S2026-11-08100158.3158.3158.3
2026Q4S2026-10-25200164.59158.3170.87
2026Q4S2026-08-31210164.59158.3170.87
2026Q4S2026-08-11210164.59158.32170.87
2026Q4S2026-07-31200161.34151.8170.87
2026Q4S2026-07-27100151.8151.8151.8
2026Q4S2026-05-13110151.8151.8151.8
2026Q4S2026-05-12110148.99148.99148.99
2026Q4S2026-03-17110148.99148.99148.99
2026Q4S2025-12-17100144.7144.7144.7
2026Q4R2026-11-102100.200.090.31
2026Q4R2026-11-092100.200.090.31

Estimate history

EPS, annual14.70.876-38.79271.195-6.57-12.707-6.106-12.783-1.613-0.3892
Period201720182019202020212022202320242025TTM
EPS, quarterly-19.245-2.397-0.16-0.656-0.129-0.659-0.430.1140.584
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Sales, annual488.138506.32443.528383.473400.618369.594458.903429.619562.091619.45
Period201720182019202020212022202320242025TTM
Sales, quarterly102.415107.018132.697140.217146.883142.294139.142155.013183.005
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Shares, annual4.8724.8936.2336.117.1710.18310.37610.65912.26213.777
Period201720182019202020212022202320242025MRQ
Shares, quarterly10.64910.65912.24112.24212.26212.26213.81413.78313.777
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26

Income statement, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Total Revenue619.45562.09429.62458.90369.59400.62383.47443.53506.32
Cost of Goods Sold Incl. D&A457.83412.44316.61335.97280.03275.22240.81272.51311.31
Gross Profit161.63149.65113.01122.9489.56125.39142.66171.02195.01
Selling, General and Administrative Excl. Other63.7861.0255.5642.1331.7434.8569.8953.1352.88
Other Operating Expense0.000.000.000.000.000.000.000.000.00
Operating Income97.8588.6457.4580.8057.8290.5472.77117.89142.14
Interest Expense104.2794.74115.45140.78102.4666.1678.8991.9760.53
Unusual Expense4.8615.77149.4615.38111.8152.30-183.4382.557.19
Net Income Before Taxes13.24-2.4133.50-72.45-141.28-28.16177.66-54.6453.27
Income Taxes3.30-0.50146.680.320.33-0.33-0.151.230.03
Consolidated Net Income9.95-1.91-113.17-38.95-102.49-19.95299.75-393.7342.35
Net Income From Continuing Operations12.338.93-107.35-38.95-102.49-19.95303.02-184.4532.80
Net Income-3.53-19.57-135.50-63.09-127.68-44.29262.99-213.014.30
EPS (Recurring)-0.01-0.70-2.91-5.06-4.92-1.1436.44-28.271.90
EPS (Basic, Before Extraordinaries)-0.37-1.61-12.78-6.11-12.71-6.5773.22-38.790.88
EPS (Diluted)-0.39-1.61-12.78-6.11-12.71-6.5771.19-38.790.88
EBITDA206.30203.73159.03205.79178.51211.64195.08232.55248.90
Non-Operating Income (Expense)24.5219.46240.962.9115.18-0.240.351.99-21.14
Other After Tax Adjustments0.000.000.000.0020.970.00110.670.000.00
Stock Option Compensation Expense6.826.166.765.192.983.465.925.966.58
Price To Earnings Ratio--6.11---0.20-180.76
Price To Sales Ratio0.690.580.930.400.450.370.120.611.46
Gross Margin26.0926.6226.3026.7924.2331.3037.2038.5638.52
Operating Margin15.8015.7713.3717.6115.6422.6018.9826.5828.07
Net Margin-0.57-3.48-31.54-13.75-34.55-11.0568.58-48.030.85
Shares Outstanding13.7812.2610.6610.3810.187.176.116.234.89
Market Capitalization417.64417.64402.31185.84169.57159.1747.49309.46737.58

Income statement, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q22025Q12024Q4
Total Revenue183.00155.01139.14142.29146.88140.22132.70107.02
Cost of Goods Sold Incl. D&A133.38115.75104.30104.39105.35105.2197.4880.31
Gross Profit49.6339.2634.8437.9041.5335.0135.2226.70
Selling, General and Administrative Excl. Other16.4713.6917.8715.7413.1615.5216.6014.19
Other Operating Expense0.000.000.000.000.000.000.000.00
Operating Income33.1525.5716.9722.1628.3719.4918.6212.51
Interest Expense27.7127.4025.0124.1424.1923.8622.5420.43
Unusual Expense0.280.630.593.353.095.294.0421.12
Net Income Before Taxes19.675.63-4.17-7.895.54-4.984.93-20.23
Income Taxes3.811.07-1.00-0.580.54-0.750.304.55
Consolidated Net Income15.864.57-3.17-7.315.00-4.234.63-24.78
Net Income From Continuing Operations10.123.47-0.25-1.015.56-1.255.62-18.96
Net Income8.231.61-5.29-8.08-1.58-8.03-1.89-25.54
EPS (Recurring)0.600.15-0.40-0.470.05-0.350.08-1.01
EPS (Basic, Before Extraordinaries)0.600.12-0.43-0.66-0.13-0.66-0.16-2.40
EPS (Diluted)0.580.11-0.43-0.66-0.13-0.66-0.16-2.40
EBITDA60.6152.6543.9149.1257.4649.7847.3738.07
Non-Operating Income (Expense)14.518.104.47-2.554.454.6812.898.81
Other After Tax Adjustments0.000.000.000.000.000.000.000.00
Stock Option Compensation Expense1.821.822.400.791.942.222.231.47
Price To Earnings Ratio-------6.11
Price To Sales Ratio0.690.690.660.580.480.620.900.94
Gross Margin27.1225.3325.0426.6328.2824.9726.5424.95
Operating Margin18.1216.4912.2015.5719.3213.9014.0311.69
Net Margin4.501.04-3.81-5.68-1.07-5.73-1.42-23.86
Shares Outstanding13.7813.7813.8112.2612.2612.2412.2410.66
Market Capitalization425.78393.43376.19327.15251.45300.27360.88402.31

Balance sheet, annual

Currency USD, millions
Metric2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY
Cash & Short Term Investments19.6825.2016.6413.5319.5715.5436.924.341.43
Short Term Receivables69.7577.0676.2875.2962.1261.9397.4297.9472.30
Inventories0.000.000.000.000.000.000.000.000.00
Other Current Assets7.4916.015.508.725.684.625.523.974.33
Total Current Assets96.92118.2798.4297.5487.3782.10139.86106.2578.06
Net Property, Plant & Equipment1,852.731,797.401,711.341,731.781,729.391,817.551,882.491,963.711,795.13
Total Investments and Advances272.18280.56498.33506.68523.20392.74309.73649.25690.49
Intangible Assets153.56154.28175.59198.72172.93199.57232.28289.63317.56
Other Assets12.218.9710.5125.259.587.879.7411.7213.56
Total Assets2,387.612,359.482,494.202,559.962,522.462,499.822,574.103,020.562,894.79
Short Term Debt Incl. Current Port. of LT Debt24.1723.7619.7311.891.382.928.010.000.00
Accounts Payable31.6525.1622.7114.0510.5011.8824.4138.4116.38
Other Current Liabilities120.97125.8891.5691.9567.3653.6157.1271.6452.61
Total Current Liabilities176.79174.80134.01117.8979.2468.4189.55110.0568.99
Long Term Debt1,029.35981.951,463.721,490.211,357.471,350.661,625.471,257.731,051.19
Provision for Risks Charges0.050.771.452.342.541.542.933.152.21
Deferred Tax Liabilities73.6463.33-------
Other Liabilities19.9340.5751.7966.1372.5366.6643.47428.41382.73
Total Liabilities1,299.761,261.411,650.981,676.561,511.771,487.271,761.411,799.341,505.12
Non-Equity Reserves0.000.000.000.000.000.000.000.000.00
Preferred Stock - Carrying Value251.76243.18221.54203.91276.09264.08321.07293.62294.43
Common Equity435.71357.56621.67679.49734.59748.47305.55902.361,056.51
Total Shareholders Equity687.48600.74843.22883.401,010.691,012.55626.621,195.971,350.94
Accumulated Minority Interest400.38497.330.000.000.000.00186.0725.2538.73
Total Equity1,087.851,098.07843.22883.401,010.691,012.55812.691,221.221,389.67
Total Liabilities & Stockholders Equity2,387.612,359.482,494.202,559.962,522.462,499.822,574.103,020.562,894.79
Book Value Per Share35.5333.5459.9166.73102.46122.5049.02184.43216.84
Tangible Book Value Per Share23.0119.0742.9947.2178.3489.8311.76125.23151.66
Full-Time Employees296272244252209220261330347
Price to Book Ratio0.770.560.290.240.220.100.660.821.34
Return on Assets0.38-4.42-1.54-4.03-0.7911.95-6.591.112.51
Return on Equity1.39-14.87-4.51-10.82-1.9733.60-20.242.586.09
Return on Invested Capital0.52-6.78-1.69-4.32-0.8412.82-8.191.343.14
Quick Ratio0.550.680.730.831.101.201.560.971.13
Current Ratio0.550.680.730.831.101.201.560.971.13

Cash flow, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Net Income9.95-1.91-113.17-38.95-123.46-19.95189.08-393.7342.35
Depreciation108.45115.10101.58123.70120.88121.10122.31114.66106.77
Other Funds (Non Cash)30.1033.86-55.5161.84114.8658.08-162.82472.1386.93
Funds from Operations151.70146.3579.73146.60112.28159.23148.57193.06236.05
Extraordinary Item0.000.000.000.000.000.000.000.000.00
Changes in Working Capital-41.71-12.76-17.96-19.69-13.545.8750.02-24.01-8.12
Cash from Operating Activities109.99133.5961.77126.9198.74165.10198.59169.05227.93
Capital Expenditures-84.60-89.04-53.61-68.91-30.47-25.03-43.13-182.29-200.59
Net Assets From Acquisitions0.00-70.00-154.150.00-306.530.000.000.00-10.98
Sale of Fixed Assets and Businesses10.000.00365.970.26118.898.000.00102.110.50
Purchase or Sale of Investments-17.38-3.82328.85-3.50-8.44-148.70-99.93-18.32-4.92
Purchase of Investments-17.38-3.82-3.88-3.50-8.44-148.70-99.93-18.32-4.92
Sale Or Maturity of Investments0.000.00332.730.000.000.000.000.000.00
Other Uses-0.45-0.290.00-2.610.000.000.000.00-0.28
Other Sources0.000.000.000.000.000.002.490.310.00
Cash from Investing Activities-92.42-163.15487.06-74.76-226.56-165.73-140.57-98.18-216.28
Cash Dividends Paid-56.43-13.390.000.000.000.000.00-28.50-209.21
Change in Capital Stock40.240.000.000.000.000.006.93-93.340.00
Repurchase of Common Pref Stock-1.220.000.000.000.000.000.000.000.00
Sale of Common Pref Stock41.460.000.000.000.000.006.93-93.340.00
Proceedsfrom Stock Options41.460.000.000.000.000.006.93-93.340.00
Issuance or Reduction of Debt, Net163.8349.24-506.69-30.64128.315.22-48.45145.08204.66
Change in Long Term Debt163.8349.24-506.69-30.64128.315.22-48.45145.08204.66
Issuance of Long Term Debt464.83386.57866.1296.51362.961,129.27281.74368.33288.66
Reduction of Long Term Debt-301.00-337.32-1,372.82-127.16-234.65-1,124.05-330.20-223.25-84.00
Net Financing Active Other Cash Flow-170.53-11.81-33.58-18.39-6.54-0.57-37.88-73.36-4.19
Other Financing Activities Uses-170.53-11.81-33.58-18.39-6.54-0.92-38.16-73.36-4.19
Cash from Financing Activities-22.8924.04-540.28-49.04121.774.66-79.40-50.12-8.73
Net Change in Cash-5.32-5.528.553.11-6.044.03-21.3820.752.92
Free Cash Flow25.3944.558.1658.0068.27140.07155.46-13.2427.34
Preferred Dividends (Cash Flow)--13.39----0.00-28.50-28.50
Price to Free Cash Flow-10.3949.083.192.451.070.30--
Deferred Taxes & Investment Tax Credit--0.70146.830.000.000.000.000.000.00

Balance sheet, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Cash & Short Term Investments23.1331.7649.5219.6828.4525.50
Short Term Receivables113.9587.2074.1969.7580.1084.58
Inventories0.000.000.000.000.000.00
Other Current Assets9.025.516.267.493.615.99
Total Current Assets146.10124.47129.9796.92112.15116.07
Net Property, Plant & Equipment1,830.991,839.291,836.361,852.731,850.451,853.15
Total Investments and Advances279.85268.24263.23272.18274.46276.11
Intangible Assets147.24149.51150.89153.56156.89160.05
Other Assets24.3925.8625.9512.2119.5717.66
Total Assets2,428.572,407.382,406.392,387.612,413.512,423.04
Short Term Debt Incl. Current Port. of LT Debt2.691.750.8524.1716.8616.77
Accounts Payable23.0621.4127.5931.6536.2630.88
Other Current Liabilities90.96108.7279.77120.9794.33109.74
Total Current Liabilities116.72131.88108.20176.79147.45157.39
Long Term Debt1,247.821,237.901,264.911,029.351,065.051,058.66
Provision for Risks Charges0.050.050.050.050.200.39
Deferred Tax Liabilities95.9392.5491.3973.6476.3275.05
Other Liabilities32.6826.1426.8419.9327.4535.57
Total Liabilities1,493.191,488.511,491.401,299.761,316.471,327.06
Non-Equity Reserves0.000.000.000.000.000.00
Preferred Stock - Carrying Value64.1764.1764.17251.76249.59247.47
Common Equity544.93534.21531.65435.71441.38441.45
Total Shareholders Equity609.11598.38595.82687.48690.97688.91
Accumulated Minority Interest326.27320.49319.18400.38406.08407.07
Total Equity935.38918.87914.991,087.851,097.051,095.99
Total Liabilities & Stockholders Equity2,428.572,407.382,406.392,387.612,413.512,423.04
Book Value Per Share39.5638.7638.4935.5336.0036.06
Tangible Book Value Per Share28.8727.9127.5623.0123.2022.99
Full-Time Employees---296--
Price to Book Ratio0.780.740.850.740.570.67
Return on Assets0.510.320.130.38-0.41-9.52
Return on Equity1.901.210.471.39-1.23-25.85
Return on Invested Capital0.540.19-0.01-0.060.32-0.07
Quick Ratio1.250.941.200.550.760.74
Current Ratio1.250.941.200.550.760.74

Cash flow, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Net Income15.864.57-3.17-7.315.00-4.23
Depreciation27.4627.0926.9426.9729.0930.29
Other Funds (Non Cash)-1.265.549.7116.107.959.38
Funds from Operations45.8838.2632.4935.0742.5734.65
Extraordinary Item0.000.000.000.000.000.00
Changes in Working Capital-40.365.67-25.6218.60-15.892.56
Cash from Operating Activities5.5143.936.8753.6726.6837.21
Capital Expenditures-21.19-24.99-19.28-19.13-22.91-26.39
Net Assets From Acquisitions0.000.000.000.000.000.00
Sale of Fixed Assets and Businesses10.000.000.000.000.000.00
Purchase or Sale of Investments-10.87-6.510.000.00-0.75-0.57
Purchase of Investments-10.87-6.510.000.00-0.75-0.57
Sale Or Maturity of Investments0.000.000.000.000.000.00
Other Uses-0.150.09-0.09-0.290.000.00
Other Sources-0.010.010.000.000.000.00
Cash from Investing Activities-22.23-31.40-19.36-19.43-23.67-26.96
Cash Dividends Paid-1.88-1.86-49.42-3.27-3.38-3.38
Preferred Dividends (Cash Flow)-1.88-1.86-49.42-3.27-3.38-3.38
Change in Capital Stock-0.21-1.0141.460.000.000.00
Repurchase of Common Pref Stock-0.21-1.010.000.000.000.00
Sale of Common Pref Stock0.000.0041.460.000.000.00
Proceedsfrom Stock Options0.000.0041.460.000.000.00
Issuance or Reduction of Debt, Net9.95-27.03217.95-37.045.78-9.11
Change in Long Term Debt9.95-27.03217.95-37.045.78-9.11
Issuance of Long Term Debt36.9514.97409.952.9635.005.00
Reduction of Long Term Debt-27.00-42.00-192.00-40.00-29.22-14.11
Net Financing Active Other Cash Flow0.23-0.39-167.66-2.71-2.46-1.85
Other Financing Activities Uses0.23-0.39-167.66-2.71-2.46-1.85
Cash from Financing Activities8.09-30.2942.34-43.02-0.07-14.35
Net Change in Cash-8.63-17.7629.84-8.772.94-4.10
Free Cash Flow-15.6818.94-12.4134.543.7610.82
Price to Free Cash Flow---10.5043.5483.11

Revenue breakdown

Natural Gas, Gathering, Transportation, Marketing and Processing2024: 200.84M 2025: 255.68M
Oil and Condensate2024: 195.03M 2025: 265.06M
Product and Service, Other2024: 33.75M 2025: 41.36M
United States2024: 429.62M 2025: 562.09M
Consolidation, Policy2024: 726.00K
Mid-Con Barnett Shale2024: 56.89M 2025: 159.23M
Northeast2024: 18.85M
Permian Basin2024: 3.64M 2025: 3.64M
Piceance Basin2024: 81.00M 2025: 69.87M
Rockies2024: 268.51M 2025: 329.35M

Short interest

shares short against float, oldest to newest
SettlementOf floatShares shortFloatAvg volume
2026-10-302.04%0.2M9.7M95.80K
2026-10-151.65%0.2M9.7M67.75K
2026-09-301.77%0.2M9.7M57.78K
2026-09-152.48%0.2M9.7M56.06K
2026-08-312.54%0.2M9.7M57.16K
2026-08-142.82%0.3M9.7M65.71K
2026-07-312.76%0.3M9.7M62.95K
2026-07-152.41%0.2M9.7M62.28K
2026-06-301.72%0.2M9.7M62.35K
2026-06-151.68%0.2M9.7M72.46K
2026-05-291.52%0.1M9.3M73.40K
2026-05-151.51%0.1M9.3M65.95K
2026-04-301.76%0.2M9.2M64.40K
2026-04-152.15%0.2M8.3M66.44K
2026-03-311.90%0.2M9.6M67.07K
2026-03-132.06%0.2M9.6M53.63K
2026-02-271.99%0.2M9.5M48.64K
2026-02-132.52%0.2M9.5M52.82K
2026-01-302.63%0.2M9.5M58.64K
2026-01-153.15%0.3M9.5M58.57K

Option chain

expiry 2026-11-20
TypeStrikeBidAskLastIVOpen intVolumeDeltaThetaVega
call25.004.407.300.002.0790.000.000.816-0.1330.013
call30.000.052.200.700.8951020.000.622-0.0850.018
call35.000.000.000.050.5581,6843110.084-0.0240.007
call40.000.003.400.000.9770.000.000.053-0.0290.005
call45.000.003.400.001.3140.000.000.042-0.0320.004
put25.000.001.350.501.8048.000.00-0.184-0.1300.013
put30.000.000.000.600.7528.003.00-0.378-0.0820.018
put35.003.006.405.202.04614.000.00-0.916-0.0200.007
put40.007.9010.600.002.1910.000.00-0.947-0.0250.005
put45.0012.7016.200.003.0640.000.00-0.958-0.0270.004

Latest SEC filings

30
FiledFormDescriptionPeriodLink
2026-11-0910-QQuarterly report pursuant to Section 13 or 15(d)2026-09-30SEC
2026-11-098-KCurrent report2026-11-09SEC
2026-10-024Statement of changes in beneficial ownership of securities2026-10-01SEC
2026-08-108-KCurrent report2026-08-10SEC
2026-08-1010-QQuarterly report pursuant to Section 13 or 15(d)2026-06-30SEC
2026-07-064Statement of changes in beneficial ownership of securities2026-07-02SEC
2026-07-02144Filing for proposed sale of securities under Rule 144.SEC
2026-06-29S-8Initial registration statement for securities to be offered to employees pursuant to employee benefit plansSEC
2026-06-108-KCurrent report2026-06-08SEC
2026-06-018-KCurrent report2026-06-01SEC
2026-05-214Statement of changes in beneficial ownership of securities2026-05-19SEC
2026-05-18144Filing for proposed sale of securities under Rule 144.SEC
2026-05-128-KCurrent report2026-05-07SEC
2026-05-118-KCurrent report2026-05-11SEC
2026-05-1110-QQuarterly report pursuant to Section 13 or 15(d)2026-03-31SEC
2026-04-27SCHEDULE 13G/ASEC
2026-04-214Statement of changes in beneficial ownership of securities2026-04-20SEC
2026-04-134Statement of changes in beneficial ownership of securities2026-03-31SEC
2026-04-10ARSAnnual report to security holders. 2025-12-31SEC
2026-04-10DEF 14AProxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 19342026-05-07SEC
2026-04-09SCHEDULE 13D/ASEC
2026-04-028-KCurrent report2026-03-31SEC
2026-03-27SCHEDULE 13G/ASEC
2026-03-184Statement of changes in beneficial ownership of securities2026-03-16SEC
2026-03-184Statement of changes in beneficial ownership of securities2026-03-16SEC
2026-03-184Statement of changes in beneficial ownership of securities2026-03-16SEC
2026-03-184Statement of changes in beneficial ownership of securities2026-03-16SEC
2026-03-184Statement of changes in beneficial ownership of securities2026-03-16SEC
2026-03-184Statement of changes in beneficial ownership of securities2026-03-16SEC
2026-03-183Initial statement of beneficial ownership of securities2026-03-16SEC

Insider activity by month

MonthBoughtBuysSoldSells
2026-110000
2026-100079.33K1
2026-090000
2026-080000
2026-070077.27K1
2026-060000
2026-0500320.00K1
2026-040000
2026-0337.95M100
2026-020000
2026-010000
2025-120000
2025-110000

Institutional holders

Manager% owned
Invesco Ltd.7.00%
Deltroit Asset Management5.90%
BlackRock, Inc.4.77%
VANGUARD CAPITAL MANAGEMENT LLC3.70%
EAGLE GLOBAL ADVISORS LLC1.89%
GEODE CAPITAL MANAGEMENT, LLC1.67%
STATE STREET CORP1.34%
Flat Footed LLC1.15%
AMERICAN CENTURY COMPANIES INC1.12%
CHARLES SCHWAB INVESTMENT MANAGEMENT INC0.89%

Funds

Fund% owned
Invesco SteelPath MLP Income Fund5.36%
VANGUARD TOTAL STOCK MARKET INDEX FUND2.74%
Invesco SteelPath MLP Select 40 Fund1.56%
iShares Russell 2000 ETF1.53%
Thornburg Investment Income Builder Fund1.17%
Avantis U.S. Small Cap Value ETF0.94%
VANGUARD EXTENDED MARKET INDEX FUND0.88%
Eagle Energy Infrastructure Fund0.70%
Fidelity Small Cap Index Fund0.69%
EA Bridgeway Omni Small-Cap Value ETF0.66%

OakChart. SMC. Cached 15 minutes.