Equities

Summit Midstream Corp

SMC:NYQ

Summit Midstream Corp

Actions
EnergyOil, Gas and Coal
  • Price (USD)35.73
  • Today's Change-0.270 / -0.75%
  • Shares traded53.20k
  • 1 Year change+74.98%
  • Beta2.4134
Data delayed at least 15 minutes, as of Nov 13 2024.
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About the company

Summit Midstream Corporation is focused on developing, owning and operating midstream energy infrastructure assets that are strategically located in the core producing areas of unconventional resource basins, primarily shale formations, in the continental United States. Its segments include Rockies, Permian, Piceance and Barnett. 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 four unconventional resource basins: Williston Basin, which includes the Bakken and Three Forks shale formations in North Dakota; Denver-Julesburg Basin, which includes the Niobrara and Codell shale formations in Colorado and Wyoming; Fort Worth Basin, which includes the Barnett Shale formation in Texas, and Piceance Basin, which includes the Mesaverde formation as well as the Mancos and Niobrara shale formations in Colorado.

  • Revenue in USD (TTM)468.70m
  • Net income in USD70.27m
  • Incorporated2024
  • Employees244.00
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Mergers & acquisitions

Acquired companyDeal statusDateDate /
Deal status
SMC:NYQ since
announced
Transaction
value
Tall Oak Midstream Operating LLCAnnounced01 Oct 202401 Oct 2024Announced2.00%698.04m
Data delayed at least 15 minutes, as of Nov 13 2024.

Peer analysis

Key Information
CompanyRevenue (TTM)Net income (TTM)Market capEmployeesPrice/earnings (TTM)Price/book value (MRQ)Price/cash flow (TTM)Price/sales (TTM)EPS (excl. extraordinary items, TTM)EPS (incl. extraordinary items, TTM)Revenue per share (TTM)Book value per share (MRQ)Asset turnover (TTM)Inventory turnover (TTM)Receivables turnover (TTM)Revenues per employee (TTM)Return on avg assets (TTM)Return on avg assets (5 yr avg)Return on investment (TTM)Return on investment (5 yr avg)Gross margin (TTM)Gross margin
(5 yr avg)
Net profit margin (TTM)Net Profit margin
(5 yr avg)
Quick ratio (MRQ)Interest coverage (TTM)Total debt to capital (MRQ)Payout ratio
(5 yr avg)
Revenue
(YOY change %)
Revenue
(5 yr growth rate)
Net income
(YOY change %)
Net income
(5 yr growth rate)
Capital expenditure
(5 yr growth rate)
Dividend
(5 yr growth rate)
SEACOR Marine Holdings Inc278.63m-46.17m192.13m1.26k--0.591844.170.6896-1.67-1.6710.1311.740.374--3.99221,836.00-6.37-5.28-7.16-6.02-----17.02-25.211.59-0.42740.4808--28.616.5587.00---27.12--
Forum Energy Technologies Inc800.61m-48.61m194.08m1.60k--0.4376115.250.2424-4.23-4.2368.0136.110.88831.904.96500,382.50-5.39-15.23-7.35-18.7030.2622.45-6.07-22.090.87370.61950.343--5.57-7.04-608.51---19.87--
KNOT Offshore Partners LP296.76m-4.77m207.68m1.00--0.4371.960.6998-0.1321-0.13218.2316.550.187530.64184.78296,764,000.000.1232.340.13722.6364.8372.830.655714.430.72251.240.60045.548.240.7932-179.28--88.43-45.07
StealthGas Inc-100.00bn-100.00bn219.71m463.00--0.3685----------16.23----------1.49--1.60--50.92--8.852.43--0.15290.00-6.04-2.6750.20---76.06--
Natural Gas Services Group, Inc.142.99m13.22m304.57m266.0023.011.237.262.131.061.0611.4919.780.31372.745.31537,548.902.90-1.063.17-1.1253.8044.959.25-4.021.663.240.3989--42.8413.10934.27--30.89--
Ranger Energy Services Inc579.50m14.70m338.13m2.00k23.521.265.770.58350.64630.646325.1312.031.5172.495.02289,750.003.831.384.732.0616.1917.122.541.101.919.390.08366.414.6216.0057.62---13.62--
Oil States International Inc736.26m-20.46m347.11m2.75k--0.50699.460.4715-0.33-0.3311.7610.850.72112.694.08267,536.00-2.00-11.86-2.36-13.7122.0019.43-2.78-20.731.831.380.1547--6.04-6.39235.13---19.02--
Summit Midstream Corp468.70m70.27m383.35m244.005.820.53272.570.81796.186.1844.2489.410.2062--8.051,920,889.002.69-0.93142.87-0.981852.7560.3513.07-5.85--7.430.4934--24.16-1.9650.58---19.24--
Tetra Technologies Inc617.73m7.15m508.79m1.50k71.763.2512.070.82360.05380.01224.711.191.275.025.30411,822.001.47-3.391.96-5.6122.8720.121.16-5.641.512.420.5363--13.20-8.91233.67---23.11--
Ardmore Shipping Corp422.62m149.67m512.56m56.003.440.82082.861.213.563.5610.0415.810.599814.607.297,546,840.0021.775.1123.075.5454.2742.2536.2912.873.2621.840.032826.90-11.1613.51-16.03--7.83--
Data as of Nov 13 2024. Currency figures normalised to Summit Midstream Corp's reporting currency: US Dollar USD

Institutional shareholders

25.62%Per cent of shares held by top holders
HolderShares% Held
Invesco Advisers, Inc.as of 30 Sep 2024953.35k8.95%
Shenkman Capital Management, Inc.as of 30 Jun 2024470.31k4.42%
Merrill Lynch, Pierce, Fenner & Smith, Inc. (Invt Mgmt)as of 30 Jun 2024356.39k3.35%
Goldman Sachs Asset Management LPas of 30 Jun 2024287.29k2.70%
Ares Management LLCas of 30 Jun 2024268.65k2.52%
Virtus Fund Advisers LLCas of 30 Jun 2024108.29k1.02%
Liberty Mutual Insurance Co. (Investment Portfolio)as of 30 Jun 202484.84k0.80%
First Trust Advisors LPas of 30 Jun 202480.02k0.75%
Harvest Fund Advisors LLCas of 30 Jun 202460.93k0.57%
Farallon Capital Management LLCas of 30 Jun 202458.21k0.55%
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Data from 30 Jun 2024 - 30 Jun 2024Source: FactSet Research Systems Inc.
Data Provided by LSEG
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