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Summit Midstream Corp
NYSE:SMC

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Summit Midstream Corp
NYSE:SMC
Watchlist
Price: 29.62 USD 1.72% Market Closed
Market Cap: $602.5m

EV/EBITDA

7.9
Current
10%
Cheaper
vs 3-y average of 8.8

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
7.9
=
Enterprise Value
$1.6B
/
EBITDA
$203.7m

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
7.9
=
Enterprise Value
$1.6B
/
EBITDA
$203.7m

Valuation Scenarios

Summit Midstream Corp is trading below its 3-year average

If EV/EBITDA returns to its 3-Year Average (8.8), the stock would be worth $32.94 (11% upside from current price).

Statistics
Positive Scenarios
3/4
Maximum Downside
-6%
Maximum Upside
+81%
Average Upside
25%
Scenario EV/EBITDA Value Implied Price Upside/Downside
Current Multiple 7.9 $29.62
0%
3-Year Average 8.8 $32.94
+11%
5-Year Average 9 $33.52
+13%
Industry Average 7.5 $27.83
-6%
Country Average 14.4 $53.55
+81%

Forward EV/EBITDA
Today’s price vs future ebitda

Today's Enterprise Value EBITDA Forward EV/EBITDA
$1.6B
/
Jan 2026
$203.7m
=
7.9
Current
$1.6B
/
Dec 2026
$247.7m
=
6.5
Forward
$1.6B
/
Dec 2027
$281.1m
=
5.7
Forward

Forward EV/EBITDA shows whether today’s EV/EBITDA still looks high or low once future ebitda are taken into account.

Peer Comparison

All Multiples
EV/EBITDA
P/E
All Countries
Close
Market Cap EV/EBITDA P/E
US
Summit Midstream Corp
NYSE:SMC
602.5m USD 7.9 -30.8
CA
Enbridge Inc
TSX:ENB
154.6B CAD 15.1 22.2
US
Williams Companies Inc
NYSE:WMB
87.6B USD 17.1 33.5
US
Enterprise Products Partners LP
NYSE:EPD
81.8B USD 12 14.2
US
Kinder Morgan Inc
NYSE:KMI
70.6B USD 14.1 23.2
US
Energy Transfer LP
NYSE:ET
65.9B USD 8.9 15.8
CA
TC Energy Corp
TSX:TRP
85.5B CAD 15.1 25.5
US
MPLX LP
NYSE:MPLX
56.7B USD 10.8 11.6
US
ONEOK Inc
NYSE:OKE
54.9B USD 11.8 16.2
US
Cheniere Energy Inc
NYSE:LNG
54.1B USD 7.3 10.1
US
Targa Resources Corp
NYSE:TRGP
51.5B USD 14 28
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
S
Summit Midstream Corp
NYSE:SMC
Average EV/EBITDA: 12.2
7.9
N/A N/A
CA
Enbridge Inc
TSX:ENB
15.1
11%
1.4
US
Williams Companies Inc
NYSE:WMB
17.1
16%
1.1
US
Enterprise Products Partners LP
NYSE:EPD
12
7%
1.7
US
Kinder Morgan Inc
NYSE:KMI
14.1
10%
1.4
US
Energy Transfer LP
NYSE:ET
8.9
9%
1
CA
TC Energy Corp
TSX:TRP
15.1
11%
1.4
US
MPLX LP
NYSE:MPLX
10.8
5%
2.2
US
ONEOK Inc
NYSE:OKE
11.8
7%
1.7
US
Cheniere Energy Inc
NYSE:LNG
7.3
-10%
N/A
US
Targa Resources Corp
NYSE:TRGP
14
12%
1.2

Market Distribution

Lower than 80% of companies in the United States of America
Percentile
20th
Based on 9 875 companies
20th percentile
7.9
Low
0 — 10
Typical Range
10 — 21.5
High
21.5 —
Distribution Statistics
the United States of America
Min 0
30th Percentile 10
Median 14.4
70th Percentile 21.5
Max 1 767 274.1

Summit Midstream Corp
Glance View

Market Cap
602.5m USD
Industry
Energy

Summit Midstream Corp is a US-based company operating in Oil, Gas & Consumable Fuels industry. The company is headquartered in Houston, Texas and currently employs 244 full-time employees. The company went IPO on 2024-08-01. Summit Midstream Corporation is a limited partnership 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. Its segments include Rockies, Permian, Piceance and Barnett. The company 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 four 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; and the Piceance Basin that includes the Mesaverde formation as well as the Mancos and Niobrara shale formations in Colorado.

SMC Intrinsic Value
52.88 USD
Undervaluation 44%
Intrinsic Value
Price $29.62
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