Summit Midstream (SMC) Scheduled to Post Quarterly Earnings on Tuesday

Summit Midstream (NYSE:SMC - Get Free Report) will be posting its quarterly earnings results before the market opens on Tuesday, November 12th. Parties interested in registering for the company's conference call can do so using this link.

Summit Midstream (NYSE:SMC - Get Free Report) last posted its quarterly earnings results on Thursday, August 8th. The company reported ($1.86) EPS for the quarter. Summit Midstream had a net margin of 20.89% and a return on equity of 24.03%. The business had revenue of $101.32 million during the quarter.

Summit Midstream Stock Up 5.4 %

Shares of NYSE SMC traded up $1.79 during midday trading on Tuesday, reaching $34.67. 50,921 shares of the company's stock traded hands, compared to its average volume of 50,930. The stock has a market cap of $369.24 million, a P/E ratio of 5.62 and a beta of 2.35. The stock's 50 day moving average is $35.76. The company has a debt-to-equity ratio of 1.20, a quick ratio of 1.33 and a current ratio of 1.33. Summit Midstream has a one year low of $15.56 and a one year high of $40.75.

About Summit Midstream

Summit Midstream Corporation focuses on owning, developing, and operating midstream energy infrastructure assets primarily shale formations in the continental United States. It operates natural gas, crude oil, and produced water gathering systems in four unconventional resource basins, including the Williston Basin in North Dakota, which includes the Bakken and Three Forks shale formations; the Denver-Julesburg Basin that consists of the Niobrara and Codell shale formations in Colorado and Wyoming; the Fort Worth Basin in Texas, which comprises the Barnett Shale formation; and the Piceance Basin in Colorado, which includes the Mesaverde formation, as well as the emerging Mancos and Niobrara Shale formations.