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Summit Midstream Corporation

SMCOil & GasHouston, United States

Summit Midstream Corporation specializes in managing and developing critical energy infrastructure, primarily across the continental United States' significant shale formations. The company oversees extensive collection networks for natural gas, crude oil, and produced water. These operations span four major unconventional resource basins: the Williston Basin in North Dakota (encompassing the Bakken and Three Forks shale plays), the Denver-Julesburg Basin across Colorado and Wyoming (with its Niobrara and Codell formations), the Fort Worth Basin in Texas (featuring the Barnett Shale), and Colorado's Piceance Basin (home to the Mesaverde, and emerging Mancos and Niobrara formations). Their services cater directly to natural gas and crude oil producers. Established in 2012, Summit Midstream Corporation maintains its headquarters in Houston, Texas.

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Summit Midstream Corporation at a glance

Summit Midstream Corporation is an oil & gas company headquartered in Houston, United States. It is publicly listed (SMC) with a market capitalisation of $479.9M. Xcout tracks 22 named people at Summit Midstream Corporation, including J. Heath Deneke (President, Chief Executive Officer & Chairman).

Industry
Oil & Gas
Headquarters
Houston, United States
Market cap
$479.9M
Employees
272
Ticker
SMC

Summit Midstream Corporation leadership

  • J. Heath DenekePresident, Chief Executive Officer & Chairman
  • William J. MaultExecutive Vice President & Chief Financial Officer
  • Bill MaultExecutive Vice President and Chief Financial Officer
  • James David JohnstonExecutive Vice President, General Counsel, Secretary & Chief Compliance Officer
  • Christopher H. TennantSenior VP & Chief Commercial Officer
  • Matthew SicinskiSenior Vice President & Chief Accounting Officer

16 more named people on record for Summit Midstream Corporation, with roles, board committees and tenure — see the full roster →

Summit Midstream Corporation competitors

A few of Summit Midstream Corporation's closest competitors — see the full list of competitors and alternatives →

Hess Midstream LPHESM · Oil & GasHouston, United States
70% matchPublic

Hess Midstream LP specializes in the ownership, development, operation, and acquisition of energy infrastructure assets positioned midstream in the value chain. The company organizes its business activities into three distinct operational segments: Gathering, Processing and Storage, and Terminaling and Export. The Gathering segment manages systems for the collection and compression of natural gas, the transportation of crude oil, and the disposal of produced water. This extensive network comprises approximately 1,350 miles of pipelines designed for both high and low-pressure natural gas and natural gas liquids, with a daily capacity of about 450 million cubic feet. Additionally, it features around 550 miles of crude oil gathering pipelines. Within the Processing and Storage segment, key assets include the Tioga Gas Plant, located in Tioga, North Dakota, which performs natural gas processing and fractionation. The company also holds a 50% ownership interest in the Little Missouri 4 gas processing plant, situated in McKenzie County, North Dakota, south of the Missouri River. Furthermore, this segment oversees the Mentor Storage Terminal in Mentor, Minnesota, a facility encompassing a propane storage cavern and capabilities for rail and truck loading and unloading. The Terminaling and Export division encompasses the Ramberg terminal facility, the Tioga rail terminal, and a fleet of crude oil rail cars. It also operates the Johnson's Corner Header System, which is a network of crude oil pipelines. Hess Midstream LP was founded in 2014 and maintains its principal offices in Houston, Texas.

Market cap$6.7B
Employees176
Hess Midstream LP competitors & alternatives →
Targa Resources0LD9 · Oil & GasHouston, United States
69% matchPublic

Targa Resources Corp., along with its affiliated entity, Targa Resources Partners LP, operates as a prominent North American midstream energy enterprise. Its business encompasses the ownership, management, procurement, and expansion of essential energy infrastructure. The company's activities are broadly categorized into two key divisions: Gathering and Processing, and Logistics and Transportation. Within its operations, Targa undertakes a comprehensive array of services for natural gas, including its collection, compression, purification, processing, conveyance, and final distribution. Similarly, for natural gas liquids (NGLs) and their derivatives, it provides storage, fractionation, treatment, transportation, and sales services, extending its support to liquefied petroleum gas (LPG) exporters. The firm also handles crude oil through gathering, storage, terminal operations, purchasing, and sales. Furthermore, its logistics functions involve the acquisition and resale of NGL products, alongside the wholesale distribution of propane. This includes offering associated logistical support to a diverse clientele, ranging from multi-state and independent retailers to various other end-users. Targa additionally delivers NGL balancing solutions and transportation pathways for refineries and petrochemical facilities situated in the Gulf Coast region. It also actively procures, markets, and resells natural gas. The company's extensive infrastructure network features approximately 28,400 miles of natural gas pipelines and 42 owned or operated processing plants. It possesses or manages a total of 34 underground storage wells, boasting a substantial gross capacity of about 76 million barrels. As of December 31, 2021, Targa's assets further comprised the leasing and management of roughly 648 railcars, 119 transport tractors, and two company-owned pressurized NGL barges. Established in 2005, the corporation maintains its headquarters in Houston, Texas.

Market cap$64.5B
Employees3,570
Targa Resources competitors & alternatives →
Matador Resources CompanyMTDR · Oil & GasDallas, United States
68% matchPublic

Matador Resources Company operates as an independent energy firm, primarily engaged in the identification, development, extraction, and acquisition of crude oil and natural gas reserves throughout the United States. Its business operations are structured into two distinct divisions: Exploration and Production, and Midstream. The company's key asset holdings are concentrated in the Wolfcamp and Bone Spring formations within the Delaware Basin, which spans southeastern New Mexico and West Texas. Additionally, Matador maintains active operations in South Texas's Eagle Ford shale play, as well as the Haynesville shale and Cotton Valley plays located in Northwest Louisiana. To support its core upstream activities, Matador also manages midstream operations. These services include natural gas processing, crude oil transportation, and the gathering of oil, natural gas, and produced water. Furthermore, the company extends produced water disposal and other gathering services to external clients. As of December 31, 2021, Matador Resources reported estimated total proved oil and natural gas reserves amounting to 323.4 million barrels of oil equivalent. This total was comprised of 181.3 million stock tank barrels of oil and 852.5 billion cubic feet of natural gas. Originally incorporated as Matador Holdco, Inc., the company officially adopted its current name, Matador Resources Company, in August 2011. Established in 2003, Matador Resources Company maintains its corporate headquarters in Dallas, Texas.

Market cap$6.5B
Employees452
Matador Resources Company competitors & alternatives →

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More on Summit Midstream Corporation in Xcout Intel

  • 22 named people with titles, LinkedIn and board committees
  • 1 corporate event with sources — deals, leadership changes, layoffs
  • The full competitor set, tracking, exports and API access
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