SMC Stock Overview
Focuses on owning, developing, and operating midstream energy infrastructure assets primarily shale formations in the continental United States. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 2/6 |
| Dividends | 0/6 |
My Notes
Capture your thoughts, links and company narrative
Summit Midstream Corporation Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$37.78 |
| 52 Week High | US$40.75 |
| 52 Week Low | US$15.56 |
| Beta | 2.42 |
| 1 Month Change | -0.61% |
| 3 Month Change | 1.78% |
| 1 Year Change | 104.88% |
| 3 Year Change | 51.00% |
| 5 Year Change | -26.35% |
| Change since IPO | -88.07% |
Recent News & Updates
Recent updates
Summit Midstream Has A New Major Shareholder
Dec 09Summit Midstream Keeps Digging
Oct 15Benign Growth For Summit Midstream Corporation (NYSE:SMC) Underpins Its Share Price
Oct 04
Summit Midstream Corporation: Many Tailwinds Are Now In Play
Oct 03Summit Midstream's Earnings Reaffirm It As A Great Small Cap
Aug 27Shareholder Returns
| SMC | US Oil and Gas | US Market | |
|---|---|---|---|
| 7D | 4.0% | 1.4% | -2.6% |
| 1Y | 104.9% | 5.9% | 24.5% |
Return vs Industry: SMC exceeded the US Oil and Gas industry which returned 5.8% over the past year.
Return vs Market: SMC exceeded the US Market which returned 23.1% over the past year.
Price Volatility
| SMC volatility | |
|---|---|
| SMC Average Weekly Movement | 3.9% |
| Oil and Gas Industry Average Movement | 5.3% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 17.7% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: SMC has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: SMC's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2012 | 244 | J. Deneke | www.summitmidstream.com |
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 Fundamentals Summary
| SMC fundamental statistics | |
|---|---|
| Market cap | US$402.31m |
| Earnings (TTM) | -US$131.92m |
| Revenue (TTM) | US$450.86m |
0.9x
P/S Ratio-3.0x
P/E RatioIs SMC overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| SMC income statement (TTM) | |
|---|---|
| Revenue | US$450.86m |
| Cost of Revenue | US$220.92m |
| Gross Profit | US$229.94m |
| Other Expenses | US$361.86m |
| Earnings | -US$131.92m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -12.39 |
| Gross Margin | 51.00% |
| Net Profit Margin | -29.26% |
| Debt/Equity Ratio | 122.2% |
How did SMC perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 03:07 |
| End of Day Share Price | 2024/12/31 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Summit Midstream Corporation is covered by 15 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ethan Bellamy | Baird |
| Heejung Ryoo | Barclays |
| Gabriel Moreen | BofA Global Research |