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Summit Midstream Corp

SMC
View Detailed Chart
28.480USD
+0.830+3.00%
Close 02/06, 16:00ETQuotes delayed by 15 min
349.22MMarket Cap
LossP/E TTM

Summit Midstream Corp

28.480
+0.830+3.00%
Intraday
1m
30m
1h
D
W
M
D

Today

+3.00%

5 Days

-0.80%

1 Month

+9.20%

6 Months

+14.33%

Year to Date

+6.75%

1 Year

-34.96%

View Detailed Chart

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 56 out of 97 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 47.00.In the medium term, the stock price is expected to trend up.The company has been performing well in the stock market over the past month, which is supported by its strong fundamentals and 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
56 / 97
Overall Ranking
198 / 4521
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 16.24% year-on-year.
Overvalued
The company’s latest PB is 0.79, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 4.75M shares, decreasing 27.14% quarter-over-quarter.
Held by PRFDX
Star Investor PRFDX holds 12.39K shares of this stock.

Analyst Rating

Based on 1 analysts
Buy
Current Rating
47.000
Target Price
+69.98%
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

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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