Is Summit Midstream Corp. (SMC) a Buy, Sell, or Hold?
NYSE : SMC
Summit Midstream Corp.
$31.19 USD
$0.37 (1.2%)
- Volume
- 25.32K
- Average Volume
- 63.26K
- Market Capitalization
- $430.87M
- P/E Ratio
- -16.59
- Dividend Yield
- 0.00%
- Price Target
- $39.00
- Year High
- $33.50
- Year Low
- $19.13
- Day High
- —
- Day Low
- —
- Payout Ratio
- -$7.85
- Current Ratio
- $1.20
Company Overview
NYSE
J. Heath Deneke
Oil & Gas Midstream
Energy
SMC
296
US
USD
Liquidity Metrics
2.12
1.20
1.20
0.46
-7.85
Sales & Valuation
$562.09M
0.76
0.65
-36.68
-0.95
Profitability
-$1.61
-$1.91M
-1.37%
-2.02%
-1.23%
-0.32%
P/E Metrics
-16.59
-0.11
-0.11
Analyst Price Target & Rating
$39.00
$39.00
$39.00
2/5
0 Analysts
-20.03%
Financial Health Scores
0.41
4/9
$21.76M
$2.41B
$1.49B
$85.71M
Key Metrics (TTM)
$1.64B
2.89
8.25
1.20
-1.23%
3.07%
-2.05%
-2.76%
19 days
Company Executives
| Name | Title |
|---|---|
| Matthew Sicinski | Senior Vice President & Chief Accounting Officer |
| Carrie Vruno | Vice President & Controller |
| Randall Burton | Director of Finance, Treasurer & Investor Relations |
| James David Johnston | Executive Vice President, General Counsel, Secretary & Chief Compliance Officer |
| J. Heath Deneke | President, Chief Executive Officer & Chairman |
| William J. Mault | Executive Vice President & Chief Financial Officer |
| Christopher H. Tennant | Senior VP & Chief Commercial Officer |
| Louis Krannich | Senior VP & COO |
Poll Results
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About Summit Midstream Corp. (NYSE:SMC) Stock
Summit Midstream Corporation specializes in managing and developing critical energy infrastructure, primarily across the continental United States' significant shale formations. The company oversees extensive collection networks for natural gas, crude oil, and produced water. These operations span four major unconventional resource basins: the Williston Basin in North Dakota (encompassing the Bakken and Three Forks shale plays), the Denver-Julesburg Basin across Colorado and Wyoming (with its Niobrara and Codell formations), the Fort Worth Basin in Texas (featuring the Barnett Shale), and Colorado's Piceance Basin (home to the Mesaverde, and emerging Mancos and Niobrara formations). Their services cater directly to natural gas and crude oil producers. Established in 2012, Summit Midstream ... Corporation maintains its headquarters in Houston, Texas.
Summit Midstream Corporation Schedules Second Quarter 2026 Earnings Call
2026-07-30 16:35:00
HOUSTON, July 30, 2026 /PRNewswire/ -- Summit Midstream Corporation (NYSE: SMC) ("Summit", "SMC" or the "Company") announced today that it will report operating and financial results for the second quarter of 2026 on Monday, August 10, 2026, after the close of trading on the New York Stock Exchange. Second Quarter 2026 Earnings Call SMC will host a conference call at 10:00 a.m.
Summit Midstream: The Lower It Sits, The More Bought Back
2026-07-05 10:38:46
Summit Midstream Corp is positioned for strong returns, leveraging its Double E pipeline expansion and balance sheet improvements. SMC expects to nearly double EBITDA by 2029E, driven by new Double E commitments and minimal capex, with potential $100 million EBITDA growth by 2030. Despite a $1.23 billion debt load, SMC's double-digit FCF yield and focus on debt reduction and capex moderation support a positive outlook.
All You Need to Know About Summit Midstream (SMC) Rating Upgrade to Buy
2026-06-24 13:01:07
Summit Midstream (SMC) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
2026-06-08 07:00:00
HOUSTON, June 8, 2026 /PRNewswire/ -- Summit Midstream Corporation (NYSE: SMC) ("Summit," "SMC" or the "Company") today announced continued commercial execution across two of its key growth platforms, the Double E Pipeline in the Permian Basin and its crude oil gathering systems in the Williston Basin. Highlights Executed two new long-term firm transportation agreements totaling 150 MMcf/d, bringing total Double E open season commitments to 250 MMcf/d and total contracted capacity to approximately 1.9 Bcf/d Extended Double E open season to June 30, 2026 given significant inbound interest; advanced discussions ongoing with multiple shippers in excess of available expansion capacity Expect to FID Double E compression expansion by end of the summer; executed purchase order to secure turbine compressor units to maintain end of 2028 project in-service date Executed a new crude gathering agreement in Divide County, North Dakota with more than 40,000-acre area of dedication; 15 new four-mile lateral well connects expected during fourth quarter 2026 Management Commentary Heath Deneke, President, Chief Executive Officer and Chairman, commented, "We are very pleased with the progress we are making on obtaining commercial commitments to support the previously announced Double E Compression Expansion project and we remain on track to reach a project FID by the end of this summer.
Summit Midstream: The Final Steps And Then Growth
2026-06-01 15:26:19
Summit Midstream: The Final Steps And Then Growth
Here's Why Summit Midstream (SMC) is Poised for a Turnaround After Losing 17.2% in 4 Weeks
2026-06-01 10:36:08
The heavy selling pressure might have exhausted for Summit Midstream (SMC) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.
Lincoln Financial Announces Executive Leadership Transitions
2026-06-01 10:00:00
Lincoln Financial (NYSE: LNC) today announced the promotion of three senior leaders to its Senior Management Committee (SMC): Darrel Tedrow as Executive Vice P
Summit Midstream Corporation Announces Inaugural $35 Million Stock Repurchase Program
2026-06-01 07:00:00
HOUSTON, June 1, 2026 /PRNewswire/ -- Summit Midstream Corporation (NYSE: SMC) ("Summit," "SMC" or the "Company") today announced that its Board of Directors has authorized the Company's inaugural stock repurchase program to repurchase up to $35 million of the Company's outstanding common stock. Heath Deneke, President, Chief Executive Officer and Chairman, commented, "The authorization of our inaugural share repurchase program reflects the Board's confidence in Summit's financial strength and the significant progress we have made over the past year in simplifying our balance sheet and strengthening our platform.
Frequently Asked Questions
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What is the current Summit Midstream Corp. (SMC) stock price?
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Summit Midstream Corp.(NYSE:SMC) stock price is $31.19 in the last trading session. During the trading session, SMC stock reached the peak price of $33.5 while $19.13 was the lowest point it dropped to. The percentage change in SMC stock occurred in the recent session was 1.2% while the dollar amount for the price change in SMC stock was $0.37.
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SMC's industry and sector of operation?
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The NYSE listed SMC is part of Oil & Gas Midstream industry that operates in the broader Energy sector.
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Who are the executives of SMC?
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Matthew Sicinski | Senior Vice President & Chief Accounting Officer
Carrie Vruno | Vice President & Controller
Randall Burton | Director of Finance, Treasurer & Investor Relations
James David Johnston | Executive Vice President, General Counsel, Secretary & Chief Compliance Officer
J. Heath Deneke | President, Chief Executive Officer & Chairman -
How many employees does SMC have?
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Number of SMC employees currently stands at 296. SMC operates from 910 Louisiana Street, Houston, TX 77002, US.
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Link for SMC official website?
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Official Website of SMC is: https://www.summitmidstream.com
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How do I contact SMC?
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SMC could be contacted at phone #832 413 4770 and can also be accessed through its website. SMC operates from 910 Louisiana Street, Houston, TX 77002, US.
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How many shares of SMC are traded daily?
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The average number of SMC shares traded daily for last 3 months was 63.26K.
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What is the market cap of SMC currently?
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The market value of SMC currently stands at $430.87M with its latest stock price at $31.19