Summit Midstream Corp.SMC

$28.82-0.11 (-0.38%)
NYSEEnergy24:00 UTC

Company snapshot

Market Cap
$355M
Small-cap
-6%
2024 — today
10-Year Price
-19%
2024 — today
52-Week Range
$19.29$32.63
Current $28.82· 71%

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.

Valuation in context

P/E ratio
-15.3
N/A
Not meaningful — company is unprofitable
P/B ratio
0.4
Above average
Pricier than usual over the last 10 years
EV / EBITDA
7.9
Above average
Pricier than usual over the last 10 years
FCF Yield
-3.3%
Historically low
Historically low relative to the last 10 years
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