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Summit Midstream Corp

SMC
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31.250USD
+0.900+2.97%
Close 05/14, 16:00ETQuotes delayed by 15 min
635.59MMarket Cap
LossP/E TTM

Summit Midstream Corp

31.250
+0.900+2.97%
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Intraday
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D

Today

+2.97%

5 Days

+2.66%

1 Month

+6.69%

6 Months

+31.52%

Year to Date

+17.13%

1 Year

+6.47%

Key Insights

Summit Midstream Corp's fundamentals are relatively stable, with an industry-leading ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 65 out of 99 in the Oil & Gas Related Equipment and Services industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 46.00.In the medium term, the stock price is expected to remain stable.Despite an average stock market performance over the past month, the company shows strong technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.

Summit Midstream Corp's Score

Industry at a Glance

Industry Ranking
65 / 99
Overall Ranking
225 / 4487
Industry
Oil & Gas Related Equipment and Services

Support & Resistance

Relevant data have not been disclosed by the company yet.

Score Analysis

Current score
Previous score

Media Coverage

Last 24 hours
Coverage Level

Very Low
Very High
Negative

Summit Midstream Corp Highlights

StrengthsRisks
Summit Midstream Corporation is focused on developing, owning and operating midstream energy infrastructure assets that are strategically located in the core producing areas of unconventional resource basins, primarily shale formations, in the continental United States. It provides natural gas, crude oil and produced water gathering, processing and transportation services pursuant to primarily long-term, fee-based agreements with customers and counterparties in five unconventional resource basins: the Williston Basin, which includes the Bakken and Three Forks shale formations in North Dakota; the Denver-Julesburg Basin, which includes the Niobrara and Codell shale formations in Colorado and Wyoming; the Fort Worth Basin, which includes the Barnett Shale formation in Texas; the Arkoma Basin, which includes the Woodford and Caney shale formations in Oklahoma, and the Piceance Basin, which includes the Mesaverde formation as well as the Mancos and Niobrara shale formations in Colorado.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 22.49% year-on-year.
Overvalued
The company’s latest PB is 0.85, at a high 3-year percentile range.
Institutional Buying
The latest institutional holdings are 6.52M shares, increasing 11.34% quarter-over-quarter.
Held by Invesco
Star Investor Invesco holds 12.45K shares of this stock.
Lower Market Activity
The company has less investor interest, with a 20-day turnover ratio of -0.44.

Analyst Rating

Based on 1 analysts
Buy
Current Rating
46.000
Target Price
+54.26%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.

Summit Midstream Corp News

More news coming soon, stay tuned...

Financial Indicators

EPS

Relevant data have not been disclosed by the company yet.

Total revenue

Relevant data have not been disclosed by the company yet.

Summit Midstream Corp Info

Summit Midstream Corporation is focused on developing, owning and operating midstream energy infrastructure assets that are strategically located in the core producing areas of unconventional resource basins, primarily shale formations, in the continental United States. It provides natural gas, crude oil and produced water gathering, processing and transportation services pursuant to primarily long-term, fee-based agreements with customers and counterparties in five unconventional resource basins: the Williston Basin, which includes the Bakken and Three Forks shale formations in North Dakota; the Denver-Julesburg Basin, which includes the Niobrara and Codell shale formations in Colorado and Wyoming; the Fort Worth Basin, which includes the Barnett Shale formation in Texas; the Arkoma Basin, which includes the Woodford and Caney shale formations in Oklahoma, and the Piceance Basin, which includes the Mesaverde formation as well as the Mancos and Niobrara shale formations in Colorado.
Ticker SymbolSMC
CompanySummit Midstream Corp
CEODeneke (J. Heath)
Websitehttps://www.summitmidstream.com/
KeyAI