Page 166 - NobleCon21

Energy
Date November 20, 2025 Energy
52wk High $45.89
52wk Low $19.13 Summit Midstream Corporat SMC $23.86
910 Louisiana Street
Houston, TX 77002

(USD - in millions) www.summitmidstream.com
Market Cap 288.2
Enterprise 2,001.1
Basic Shares Out. 12.26 COMPANY OVERVIEW
Float 2.64
Institutional Holdings 39.62% Detailed Analysis:Channelchek.com
Short Interest 0.38
Avg. 90-Day Volume 0.08 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
EPS Data provides natural gas, crude oil and produced water gathering,
processing and transportation services pursuant to primarily long-term,
2022 2023 2024 fee-based agreements with customers and counterparties in five
CQ1 N/A N/A N/A unconventional resource basins: (i) the Williston Basin, which includes
CQ2 N/A N/A N/A the Bakken and Three Forks shale formations in North Dakota; (ii) the
Denver-Julesburg Basin, which includes the Niobrara and Codell shale
CQ3 N/A N/A N/A formations in Colorado and Wyoming; (iii) the Fort Worth Basin, which
CQ4 N/A N/A N/A includes the Barnett Shale formation in Texas; (iv) the Arkoma Basin,
f
CY N/A N/A N/A f C Source: Channelchek/QuoteMedia

Long-Term EPS Estimate N/A
Price/Book (mrq) 36.00
ROE (ttm) -2.05
Debt-to-Total Cap. (mrq) 49.65
Fiscal Year End 31-Dec
910 Louisiana Houston TX 77002

Key Executives
CEO: Deneke, J.
CFO: Mault, William
COO: Krannich, Louis
IR: Burton, Randall
Noble Capital Markets, Inc.
Source: Capital IQ, Noble Financial estimates, company filings
Noble Senior Analyst 561-994-1191 noblecapitalmarkets.com
Mark Reichman MEMBERS: FINRA, SIPC, MSRB
mreichman@noblecapitalmarkets.com Following the conference, complete video library of presentations will be
available at: channelchek.com | nobleconference.com
(561) 999-2272

Refer to the back of the book for disclosures