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Summit Midstream

SMC · NYSE

$30.13−$0.10 (−0.33%)TodayMarket closed ·
Prev close $30.23

About SMC

Summit Midstream Corp. engages in developing, owning, and operating midstream energy infrastructure assets. The company is headquartered in Houston, Texas and currently employs 296 full-time employees. The company went IPO on 2024-08-01. The company 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.

Employees
296
Headquarters
Houston, Texas
Listed
Aug 1, 2024
Sector
Energy
Industry
Oil, Gas & Consumable Fuels
Website
summitmidstream.com

SMC key statistics

Market cap
613.91M
Price-earnings ratio
0.00
Dividend yield
33.30%
Average volume
124.16K
Volume
215.87K
Open price
$30.48
High today
$30.96
Low today
$29.68
52 Week high
$36.47
52 Week low
$20.11

Summit Midstream (SMC) at a glance

Summit Midstream (SMC) last traded at $30.13, with a market cap of 613.91M, a price-to-earnings ratio of 0.00 and a dividend yield of 33.30%.

Today the stock has traded between $29.68 and $30.96. The current price is 1.5% above the day's low and 2.7% below its high.

Volume so far is 215.87K shares, above the average of 124.16K shares a day.

Over the past year Summit Midstream has ranged from $20.11 to $36.47, and now sits 61% of the way up that range.

Summit Midstream met or beat analyst EPS estimates in 2 of the last 8 quarters. In Q2 FY26 it reported $0.32 per share against an estimate of -$0.3591.

The average analyst price target is $47.43, 57.4% above the current price, from 1 recent ratings.

Analyst ratings

Latest rating from each analyst over the past 12 months

100%of 1 analyst rating say Buy
  • Buy100.0%
  • Hold0.0%
  • Sell0.0%
Price target · 3 analystsAvg $47.43
Low
$43.43
Now
$30.13
High
$52.50

SMC earnings

Earnings per share, reported against the analyst estimate

Beat the estimate in 2 of the last 8 quarters, by 101.1% on average.

  1. Q4 FY22: reported -$3.03 per share against an estimate of -$1.31
  2. Q1 FY23: reported -$1.82 per share against an estimate of $0.1212
  3. Q2 FY23: reported -$1.91 per share against an estimate of $0.0808
  4. Q2 FY25: reported -$0.66 per share against an estimate of $0.00
  5. Q3 FY25: reported -$0.13 per share against an estimate of $0.00
  6. Q4 FY25: reported -$0.66 per share against an estimate of $0.00
  7. Q1 FY26: reported -$0.43 per share against an estimate of -$0.4949
  8. Q2 FY26: reported $0.32 per share against an estimate of -$0.3591

SMC news

  • Press releaseBusiness Wire

    Fundare Resources Completes Final Divestiture and Concludes Five-Year Business Venture

  • Press releasePRNewswire

    Summit Midstream Corporation Announces Final Investment Decision on Double E Pipeline Mainline Compression Expansion

  • Press releasePRNewswire

    Summit Midstream Corporation Reports Second Quarter 2026 Financial and Operating Results

  • Press releasePRNewswire

    Summit Midstream Corporation Schedules Second Quarter 2026 Earnings Call

  • Press releasePRNewswire

    Summit Midstream Secures Additional Double E Commitments and Extends Open Season Amid Strong Shipper Demand

  • Press releasePRNewswire

    Summit Midstream Corporation Announces Inaugural $35 Million Stock Repurchase Program

  • Press releasePRNewswire

    Summit Midstream Corporation Reports First Quarter 2026 Financial and Operating Results

  • Press releasePRNewswire

    Summit Midstream Corporation Schedules First Quarter 2026 Earnings Call

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Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.