MetaCap

Plains GP L.P. (PAGP) vs Summit Midstream (SMC)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.

Summary

Plains GP L.P. (PAGP) has outperformed Summit Midstream (SMC) over the past year, gaining 51.0% versus a gain of 49.7%. Over five years, PAGP leads with a +126.5% price change compared with -10.8% for SMC. Plains GP L.P. is the larger company by market cap ($6.19 billion vs $450.6 million), about 13.7 times the size.

Plains GP L.P. pays a dividend yielding 6.15%, while Summit Midstream does not currently pay one.

Summary generated from market data by MetaCap's automated system. Methodology

Relative performance

PAGP+50.97%SMC+49.75%
+65%+27%-12%
Oct 8, 20251 yearOct 8, 2026
PAGP+139.37%SMC-5.44%
+163%+43%-76%
Oct 4, 20215 yearsOct 5, 2026

Percent change in share price from the first common trading day shown; excludes dividends.

Head-to-head

PAGP versus SMC key metrics
MetricPAGPSMC
Share price$26.57$32.69
Market cap$6.19B$450.59M
1-day change+1.37%+1.24%
YTD return+38.82%+22.53%
1-year return+50.97%+49.75%
5-year return+126.51%-10.76%
P/E ratio (TTM)60.39—
Forward P/E12.86—
EPS (TTM)$0.44$-1.07
Dividend yield6.15%0.00%
Annual dividend$1.63$0.00
Revenue (latest FY)$44.26B—
Revenue growth (YoY)-9.46%—
Net income (latest FY)$260.00M—
Gross margin8.65%—
Operating margin3.23%—
Net margin0.59%—
52-week high$28.70$36.47
52-week low$16.68$19.83
Distance from 52-week high-7.42%-10.36%
Analyst consensusbuynone
Avg. price target upside-1.84%+42.25%
Average volume1.64M62.97K
Shares outstanding197.90M13.78M
Employees—296
SectorEnergyUtilities
IndustryNatural Gas DistributionNatural Gas Distribution

Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.

Key differences

  • Plains GP L.P. is about 13.7 times larger than Summit Midstream by market value ($6.19B vs $450.59M).
  • Plains GP L.P. offers a meaningfully higher dividend yield (6.15% vs 0.00%).
  • The two companies sit in different sectors: Plains GP L.P. in Energy and Summit Midstream in Utilities.

About Plains GP L.P.

PAGP stock →

Plains GP Holdings, L.P., through its subsidiary, Plains All American Pipeline, L.P., owns and operates midstream infrastructure systems in the United States and Canada. It operates through Crude Oil and Natural Gas Liquids (NGLs) segments.

Energy · Natural Gas Distribution

About Summit Midstream

SMC stock →

Summit Midstream Corporation owns, develops, and operates midstream energy infrastructure assets primarily shale formations in the continental United States. It operates through Rockies, Permian, Piceance, Mid-Con, and Northeast segments.

Utilities · Natural Gas Distribution · 296 employees

PAGP vs SMC FAQ

Which is bigger, Plains GP L.P. or Summit Midstream?

Plains GP L.P. (PAGP) is larger, with a market capitalization of $6.19B compared with $450.59M for Summit Midstream (SMC).

Which stock has performed better over the past year, PAGP or SMC?

PAGP returned +50.97% over the past 12 months, compared with +49.75% for SMC (price return, excluding dividends). Past performance does not predict future results.

Which pays a higher dividend, Plains GP L.P. or Summit Midstream?

Plains GP L.P. pays a dividend yielding 6.15%, while Summit Midstream does not currently pay a regular dividend.

Are Plains GP L.P. and Summit Midstream in the same industry?

Yes. Both are classified in the Natural Gas Distribution industry within the Energy sector.

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