Summit Midstream vs Vivakor
Summit Midstream is the larger business, with $562m of revenue in fiscal 2025 against $104m for Vivakor (5.4 times as much). Summit Midstream grew faster (30.8% against 16.3%). Summit Midstream kept more of each dollar of sales as profit: a net margin of -1.1% against -105.6%. Vivakor carries less debt relative to equity (0.0% against 193.2%).
| Latest fiscal year | Summit MidstreamSMC, 2025 | VivakorVIVK, 2025 |
|---|---|---|
| Revenue | $562m | $104m |
| Revenue growth | 30.8% | 16.3% |
| Net income | −$5.9m | −$110m |
| Operating margin | — | -61.1% |
| Net margin | -1.1% | -105.6% |
| Return on equity | -1.2% | -137.3% |
| Free cash flow | $44.6m | −$15.8m |
| Cash | $9.3m | $265,019 |
| Total debt | $1.05bn | $0 |
| Debt to equity | 193.2% | 0.0% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | — |
| Employees | 296 | — |
| Market value | $420m | $337,260 |
| Price vs our value range | — | — |
| Moat score | — | 12 (Weak) |
| Insider trades, 12 months | 1 buys, 3 sales | 0 buys, 0 sales |