Summit Midstream Corp's fundamentals are relatively stable, and its growth potential is high.Its valuation is considered fairly valued, ranking 81/101 in the Oil & Gas Related Equipment and Services industry.Institutional ownership is very high.In the medium term, the stock price is expected to trend up.Despite a good stock market performance and strong technicals over the past month, the fundamentals don't support the current trend.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
81 / 101
Overall Ranking
373 / 4578
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
Analyst Rating
Based on
0
analysts
--
Current Rating
0.000
Target Price
0.00%
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 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 0.74, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 4.85M shares, decreasing 20.74% quarter-over-quarter.
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/
FAQs
What is the current price of Summit Midstream Corp (SMC)?
The current price of Summit Midstream Corp (SMC) is 26.575.
What is the symbol of Summit Midstream Corp?
The ticker symbol of Summit Midstream Corp is SMC.
What is the 52-week high of Summit Midstream Corp?
The 52-week high of Summit Midstream Corp is 45.890.
What is the 52-week low of Summit Midstream Corp?
The 52-week low of Summit Midstream Corp is 19.130.
What is the market capitalization of Summit Midstream Corp?
The market capitalization of Summit Midstream Corp is 325.86M.
What is the net income of Summit Midstream Corp?
The net income of Summit Midstream Corp is -135.50M.
Is Summit Midstream Corp (SMC) currently rated as Buy, Hold, or Sell?
According to analysts, Summit Midstream Corp (SMC) has an overall rating of --, with a price target of --.
What is the Earnings Per Share (EPS TTM) of Summit Midstream Corp (SMC)?
The Earnings Per Share (EPS TTM) of Summit Midstream Corp (SMC) is -3.343.