Heath Deneke - Summit Midstream CEO President
| SMC Stock | 36.48 0.14 0.39% |
CEO
Heath Deneke is CEO President of Summit Midstream
| Age | 50 |
| Address | 910 Louisiana Street, Houston, TX, United States, 77002 |
| Phone | 832 413 4770 |
| Web | https://www.summitmidstream.com |
Summit Midstream Management Efficiency
The company has Return on Asset of 0.0226 % which means that on every $100 spent on assets, it made $0.0226 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1084 %, implying that it generated $0.1084 on every 100 dollars invested. Summit Midstream's management efficiency ratios could be used to measure how well Summit Midstream manages its routine affairs as well as how well it operates its assets and liabilities. As of December 28, 2024, Return On Tangible Assets is expected to decline to -0.02. In addition to that, Return On Capital Employed is expected to decline to 0.03. At present, Summit Midstream's Intangibles To Total Assets are projected to slightly decrease based on the last few years of reporting. The current year's Debt To Assets is expected to grow to 0.64, whereas Total Assets are forecasted to decline to about 2 B.Similar Executives
| Found 3 records | CEO Age | ||
| Derek Lowe | KNOT Offshore Partners | 50 | |
| Athanasios Feidakis | Globus Maritime | 37 | |
| Gary Chapman | KNOT Offshore Partners | 49 | |
Management Performance
| Return On Equity | 0.11 | ||||
| Return On Asset | 0.0226 |
Summit Midstream Leadership Team
Elected by the shareholders, the Summit Midstream's board of directors comprises two types of representatives: Summit Midstream inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Summit. The board's role is to monitor Summit Midstream's management team and ensure that shareholders' interests are well served. Summit Midstream's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Summit Midstream's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Hugo Guerrero, Senior Operations | ||
| Randall Burton, Treasurer Finance | ||
| James Johnston, General VP | ||
| Carrie Vruno, VP Controller | ||
| William Mault, Executive CFO | ||
| Matthew Sicinski, Senior Officer | ||
| Heath Deneke, CEO President |
Summit Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Summit Midstream a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.11 | ||||
| Return On Asset | 0.0226 | ||||
| Profit Margin | 0.21 % | ||||
| Operating Margin | 0.10 % | ||||
| Current Valuation | 1.14 B | ||||
| Shares Outstanding | 10.65 M | ||||
| Shares Owned By Insiders | 13.33 % | ||||
| Shares Owned By Institutions | 33.71 % | ||||
| Number Of Shares Shorted | 56.05 K | ||||
| Price To Book | 0.45 X |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Summit Midstream offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Summit Midstream's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Summit Midstream Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Summit Midstream Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Summit Midstream. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For information on how to trade Summit Stock refer to our How to Trade Summit Stock guide.You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Oil & Gas Storage & Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Summit Midstream. If investors know Summit will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Summit Midstream listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 6.19 | Revenue Per Share 44.885 | Quarterly Revenue Growth 0.035 | Return On Assets 0.0226 | Return On Equity 0.1084 |
The market value of Summit Midstream is measured differently than its book value, which is the value of Summit that is recorded on the company's balance sheet. Investors also form their own opinion of Summit Midstream's value that differs from its market value or its book value, called intrinsic value, which is Summit Midstream's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Summit Midstream's market value can be influenced by many factors that don't directly affect Summit Midstream's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Summit Midstream's value and its price as these two are different measures arrived at by different means. Investors typically determine if Summit Midstream is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Summit Midstream's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.