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Summit Midstream NYSE:SMC Stock Report

Last Price

US$37.82

Market Cap

US$405.2m

7D

2.4%

1Y

151.3%

Updated

02 Aug, 2024

Data

Company Financials +

Summit Midstream Corporation

NYSE:SMC Stock Report

Market Cap: US$405.2m

SMC Stock Overview

Summit Midstream Partners, LP focuses on owning, developing, and operating midstream energy infrastructure assets primarily shale formations in the continental United States.

SMC fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance3/6
Financial Health1/6
Dividends0/6

Summit Midstream Corporation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Summit Midstream
Historical stock prices
Current Share PriceUS$37.82
52 Week HighUS$40.75
52 Week LowUS$13.00
Beta0
11 Month Change8.87%
3 Month Change11.17%
1 Year Change151.30%
33 Year Change0.77%
5 Year Change-55.14%
Change since IPO-88.06%

Recent News & Updates

Recent updates

Shareholder Returns

SMCUS Oil and GasUS Market
7D2.4%-4.1%-2.9%
1Y151.3%3.6%16.6%

Return vs Industry: SMC exceeded the US Oil and Gas industry which returned 6.3% over the past year.

Return vs Market: SMC exceeded the US Market which returned 18.6% over the past year.

Price Volatility

Is SMC's price volatile compared to industry and market?
SMC volatility
SMC Average Weekly Movement7.6%
Oil and Gas Industry Average Movement5.0%
Market Average Movement6.1%
10% most volatile stocks in US Market14.5%
10% least volatile stocks in US Market3.1%

Stable Share Price: SMC's share price has been volatile over the past 3 months.

Volatility Over Time: SMC's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2009244J. Denekewww.summitmidstream.com

Summit Midstream Partners, LP focuses on owning, developing, and operating midstream energy infrastructure assets primarily shale formations in the continental United States. The company provides natural gas gathering, compression, treating, and processing services, as well as crude oil and produced water gathering and freshwater delivery services. Its assets include Summit Utica system comprising the Utica and Point Pleasant shale formations in southeastern Ohio; Mountaineer Midstream system that includes the Marcellus shale in the Appalachian Basin in West Virginia; Polar and Divide system includes the Bakken and Three Forks shale formations in northwestern North Dakota; Niobrara G&P system, which comprises the Niobrara and Codell shale formations located near Hereford, Colorado.

Summit Midstream Corporation Fundamentals Summary

How do Summit Midstream's earnings and revenue compare to its market cap?
SMC fundamental statistics
Market capUS$405.18m
Earnings (TTM)US$81.39m
Revenue (TTM)US$466.21m

4.9x

P/E Ratio

0.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SMC income statement (TTM)
RevenueUS$466.21m
Cost of RevenueUS$213.54m
Gross ProfitUS$252.67m
Other ExpensesUS$171.28m
EarningsUS$81.39m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)7.64
Gross Margin54.20%
Net Profit Margin17.46%
Debt/Equity Ratio118.6%

How did SMC perform over the long term?

See historical performance and comparison
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