Summit Midstream Corporation (SMC)

Summit Midstream Corporation is a midstream energy company headquartered in Houston, Texas. It is the successor to Summit Midstream Partners, LP, which converted from a master limited partnership into a corporation.

The company develops, owns and operates midstream infrastructure in several unconventional resource basins in the United States, including the Williston, DJ, Arkoma and Piceance basins. Its assets include natural gas gathering and processing systems, crude oil and produced water gathering pipelines, and interests in long-haul natural gas pipelines.

Its customers are mainly oil and natural gas producers, and much of its revenue comes from fee-based contracts tied to the volumes moving through its systems.