Summit Midstream (SMC) Stock Price, News & Analysis

Company Overview

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. It serves natural gas and crude oil producers. Summit Midstream Corporation was founded in 2012 and is based in Houston, Texas.

Key Stats

• Today's Range: $35.75 to $35.99
• 50-Day Range: $32.88 to $37.99
• 52-Week Range: $15.56 to $40.75
• Volume: 2,692 shs
• Average Volume: 50,692 shs
• Market Capitalization: $383.29 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

SMC Stock Analysis - Frequently Asked Questions

How have SMC shares performed this year?

Summit Midstream's stock was trading at $36.70 at the start of the year. Since then, SMC shares have decreased by 2.0% and is now trading at $35.98.
View the best growth stocks for 2024 here.

Who are Summit Midstream's major shareholders?

Summit Midstream's top institutional shareholders include Virtus Fund Advisers LLC (1.02%), Geode Capital Management LLC (0.89%), Fractal Investments LLC (0.42%) and Pekin Hardy Strauss Inc. (0.35%).
View institutional ownership trends.

How do I buy shares of Summit Midstream?

Shares of SMC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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What other stocks do shareholders of Summit Midstream own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Summit Midstream investors own include Financial Select Sector SPDR Fund (XLF), Energy Select Sector SPDR Fund (XLE), Select Water Solutions (WTTR), Pfizer (PFE), Ramaco Resources (METCB) and Ramaco Resources (METC).

Company Calendar

• Today: 11/20/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 3/21/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Oils/Energy
• Industry: Natural gas transmission
• Sub-Industry: N/A
• Current Symbol: NYSE:SMC
• CUSIP: N/A
• CIK: 2024218
• Web: www.summitmidstream.com
• Phone: (832) 413-4770
• Fax: N/A
• Employees: 244
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): ($12.81)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-38,950,000.00
• Net Margins: -23.01%
• Pretax Margin: 13.10%
• Return on Equity: 0.71%
• Return on Assets: 0.22%

Debt

• Debt-to-Equity Ratio: 1.20
• Current Ratio: 1.33
• Quick Ratio: 1.33

Sales & Book Value

• Annual Sales: $458.90 million
• Price / Sales: 0.84
• Cash Flow: $10.34 per share
• Price / Cash Flow: 3.48
• Book Value: $59.91 per share
• Price / Book: 0.60

Miscellaneous

• Outstanding Shares: 10,650,000
• Free Float: 10,085,000
• Market Cap: $383.19 million
• Optionable: N/A
• Beta: 2.35