Summit Midstream Stock Today
| SMC Stock | 37.56 0.09 0.24% |
PerformanceModest
| Odds Of DistressAverage
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Summit Midstream is trading at 37.56 as of the 19th of March 2025, a 0.24% increase since the beginning of the trading day. The stock's open price was 37.47. Summit Midstream has 51 percent odds of going through some form of financial distress in the next two years and did not have a very good performance for investor during the last 90 trading days. Summit Midstream symbol was changed from SMLP on 1st of August 2024. The performance scores are derived for the period starting the 19th of December 2024 and ending today, the 19th of March 2025. Click here to learn more.
Business Domain Energy | IPO Date 1st of August 2024 |
Summit Midstream is entity of United States. It is traded as Stock on NYSE exchange. The company has 10.65 M outstanding shares of which 56.05 K shares are at this time shorted by investors with about 1.56 days to cover. More on Summit Midstream
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Summit Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| Older Symbol | SMLP | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| CEO President | Heath Deneke | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Basic Utilities (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Old Names | [Smart Metering Systems PLC, Smart Metering Systems plc, Strategic Minerals Corporation NL] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Oil & Gas Storage & Transportation, Oil & Gas Midstream, Energy, THE PHILIPPINE STOCK, VN Index, Basic Utilities, Energy, Oil, Gas & Consumable Fuels, Oil & Gas Midstream, Energy (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Summit Midstream can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Summit Midstream's financial leverage. It provides some insight into what part of Summit Midstream's total assets is financed by creditors.
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Summit Midstream (SMC) is traded on New York Stock Exchange in USA. It is located in 910 Louisiana Street, Houston, TX, United States, 77002 and employs 7 people. Summit Midstream was previously known as SMLP Old and was traded on NASDAQ Exchange under the symbol SMLP. Summit Midstream is listed under Oil & Gas Storage & Transportation category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a total capitalization of 368.34 M. Summit Midstream runs under Oil, Gas & Consumable Fuels sector within Energy industry. The entity has 10.65 M outstanding shares of which 56.05 K shares are at this time shorted by investors with about 1.56 days to cover.
Summit Midstream generates positive cash flow from operations, but has no cash available
Check Summit Midstream Probability Of Bankruptcy
Ownership AllocationThe market capitalization of Summit Midstream is USD368.34 Million. 30% of Summit Midstream outstanding shares are owned by institutional holders. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Note, that even with negative profits, if the true value of the company is larger than the current market value, you may still be able to generate positive returns on investment in this company.
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Summit Midstream Historical Income Statement
Summit Stock Against Markets
Summit Midstream Corporate Management
| James Johnston | General VP | Profile | |
| Carrie Vruno | VP Controller | Profile | |
| Hugo Guerrero | Senior Operations | Profile | |
| Randall Burton | Treasurer Finance | Profile | |
| Matthew Sicinski | Senior Officer | Profile |
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 Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
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 | Quarterly Revenue Growth 0.035 | Return On Assets | Return On Equity |
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.