The Work Index by Flexa

Summit Midstream Corporation

Summit Midstream Corporation is a value-driven company focused on developing, owning, and operating midstream energy infrastructure assets in unconventional resource basins across the United States.

https://www.summitmidstream.com/
5.0

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Description

Summit Midstream Corporation is a midstream energy company headquartered in Houston, Texas, focused on developing, owning, and operating strategically located energy infrastructure assets in unconventional resource basins across the continental United States. Their core business involves natural gas, crude oil, and produced water gathering systems, serving key shale formations in the Williston, Denver-Julesburg, Fort Worth, and Piceance Basins. Summit Midstream generates a majority of its revenue through long-term, fee-based gathering agreements with customers, emphasizing stability and limiting direct commodity price exposure.

Since its founding in 2009, Summit Midstream has established a strong track record of executing its growth strategy through the acquisition and development of multiple assets, including DFW Midstream, Grand River, Polar & Divide, Niobrara G&P, and Double E Pipeline. The company is committed to a value-oriented approach, fostering a family atmosphere while prioritizing professional growth and maintaining a strong commitment to Environmental, Social, and Governance (ESG) principles, which are crucial for their long-term success and value creation.

Mission

Summit Midstream Corporation is a value-driven midstream energy company focused on developing, owning, and operating critical infrastructure assets, primarily in unconventional shale formations across the continental United States. They specialize in natural gas, crude oil, and produced water gathering systems, ensuring reliable and efficient transportation of these resources for their customers. Their commitment to strategic acquisitions and operational expertise has allowed them to build a robust network of gathering pipelines and related facilities, playing a crucial role in supporting the nation's energy production and distribution.

Environmental impact driven
Sustainability

Culture

Summit Midstream promotes a culture that values professional growth within a supportive and family-oriented atmosphere. The company emphasizes a collaborative environment where employees are encouraged to succeed, with a strong emphasis on teamwork and mutual support. Summit Midstream is also committed to hiring veterans, demonstrating its appreciation for service and dedication to diversity.

Collaborative
Entrepreneurial
People-first
Progressive
Supportive

DE&I

Summit Midstream emphasizes a commitment to diversity and inclusion, actively hiring veterans and boasting a workforce where approximately 15% are former military members. This commitment extends across all levels of the organization, reflecting a value placed on diverse perspectives and experiences in achieving company goals.

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