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 |
Summit Midstream Corporation Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$37.35 |
| 52 Week High | US$40.75 |
| 52 Week Low | US$15.56 |
| Beta | 2.38 |
| 11 Month Change | 6.96% |
| 3 Month Change | 2.22% |
| 1 Year Change | 99.20% |
| 33 Year Change | 22.42% |
| 5 Year Change | -17.00% |
| Change since IPO | -88.20% |
Recent News & Updates
Summit Midstream Keeps Digging
Oct 15Benign Growth For Summit Midstream Corporation (NYSE:SMC) Underpins Its Share Price
Oct 04
Shareholder Returns
| SMC | US Oil and Gas | US Market | |
|---|---|---|---|
| 7D | 3.3% | 3.5% | 2.2% |
| 1Y | 99.2% | 17.5% | 31.6% |
Return vs Industry: SMC exceeded the US Oil and Gas industry which returned 17.5% over the past year.
Return vs Market: SMC exceeded the US Market which returned 31.6% over the past year.
Price Volatility
| SMC volatility | |
|---|---|
| SMC Average Weekly Movement | 5.3% |
| Oil and Gas Industry Average Movement | 5.5% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 15.7% |
| 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 (5%) 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$397.73m |
| 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 comparison