Summit Midstream Partners (SMC) Stock Price, News & Analysis

Company Overview

Summit Midstream Corporation focuses on owning, developing, and operating midstream energy infrastructure assets primarily shale formations in the continental United States. It operates natural gas, crude oil, and produced water gathering systems in four unconventional resource basins, including the Williston Basin in North Dakota, which includes the Bakken and Three Forks shale formations; the Denver-Julesburg Basin that consists of the Niobrara and Codell shale formations in Colorado and Wyoming; the Fort Worth Basin in Texas, which comprises the Barnett Shale formation; and the Piceance Basin in Colorado, which includes the Mesaverde formation, as well as the emerging Mancos and Niobrara Shale formations. It serves natural gas and crude oil producers. Summit Midstream Corporation was founded in 2012 and is based in Houston, Texas.

Key Stats

• Today's Range: $24.14 to $24.70
• 50-Day Range: $23.66 to $26.90
• 52-Week Range: $23.53 to $45.89
• Volume: 54,574 shs
• Average Volume: 66,096 shs
• Market Capitalization: $457.11 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

SMC Stock Analysis - Frequently Asked Questions

How have SMC shares performed this year?

Summit Midstream Partners' stock was trading at $37.78 at the beginning of the year. Since then, SMC stock has decreased by 35.1% and is now trading at $24.51.

How were Summit Midstream Partners' earnings last quarter?

Summit Midstream Partners, LP (NYSE:SMC) announced its quarterly earnings results on Friday, March, 21st. The company reported ($2.40) earnings per share for the quarter. Summit Midstream Partners had a negative trailing twelve-month return on equity of 1.51% and a negative net margin of 26.34%.
Read the conference call transcript.

Who are Summit Midstream Partners' major shareholders?

Top institutional shareholders of Summit Midstream Partners include Eagle Global Advisors LLC (1.05%), Y Intercept Hong Kong Ltd (0.06%) and AlphaQuest LLC (0.01%). Insiders that own company stock include J Heath Deneke and Jerry L Peters.
View institutional ownership trends.

How do I buy shares of Summit Midstream Partners?

Shares of SMC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Summit Midstream Partners own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Summit Midstream Partners investors own include Financial Select Sector SPDR Fund (XLF), Energy Select Sector SPDR Fund (XLE), Select Water Solutions (WTTR), Pfizer (PFE), Ramaco Resources (METCB) and Ramaco Resources (METC).

Company Calendar

• Last Earnings: 3/21/2025
• Today: 8/04/2025
• Next Earnings (Estimated): 8/14/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Energy
• Industry: Oil/Gas Prod Pipeline MLP
• Sub-Industry: Utilities
• Current Symbol: NYSE:SMC
• Previous Symbol: NYSE:SMC
• CIK: 2024218
• Web: www.summitmidstream.com
• Phone: (832) 413-4770
• Fax: N/A
• Employees: 244
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): ($13.09)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -$113.18 million
• Net Margins: -26.34%
• Pretax Margin: N/A
• Return on Equity: -1.51%
• Return on Assets: -0.51%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: $443.45 million
• Price / Sales: 1.03
• Cash Flow: $10.30 per share
• Price / Cash Flow: 2.38
• Book Value: $59.91 per share
• Price / Book: 0.41

Miscellaneous

• Outstanding Shares: 18,645,000
• Free Float: 17,657,000
• Market Cap: $456.99 million
• Optionable: N/A
• Beta: 1.19