Stock Analysis
- United States
- /
- Oil and Gas
- /
- NYSE:SMC
Summit Midstream Full Year 2024 Earnings: US$10.68 loss per share (vs US$6.11 loss in FY 2023)
Summit Midstream (NYSE:SMC) Full Year 2024 Results
Key Financial Results
- Revenue: US$429.6m (down 6.6% from FY 2023).
- Net loss: US$113.2m (loss widened by 79% from FY 2023).
- US$10.68 loss per share (further deteriorated from US$6.11 loss in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Summit Midstream shares are down 9.3% from a week ago.
Risk Analysis
It is worth noting though that we have found 1 warning sign for Summit Midstream that you need to take into consideration.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About NYSE:SMC
Summit Midstream
Focuses on owning, developing, and operating midstream energy infrastructure assets primarily shale formations in the continental United States.
