Summit Midstream Corp. (SMC)
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- symbol SMC
- Rev/Share 37.6855
- Book/Share 93.7257
- PB 0.5264
- Debt/Equity 1.9419
- CurrentRatio 0.7952
- ROIC 0.0565
- MktCap 305660267.0
- FreeCF/Share -2.0085
- PFCF -12.9331
- PE -1.2168
- Debt/Assets 0.4453
- DivYield 0
- ROE -0.3863
- Rating C+
- Score 2
- Recommendation Sell
- P/E Score 1
- DCF Score 5
- P/B Score 4
- D/E Score 1
Recent Analyst Ratings
| Type | Ticker | Analyst Firm | Previous Rating | Current Rating | Previous Price Target | Current Price Target | Date |
|---|---|---|---|---|---|---|---|
| No ratings available. | |||||||
News
Summit Midstream: Patience Is Key For Investing
Published: June 23, 2025 by: Seeking Alpha
Sentiment: Negative
Summit Midstream Corporation has managed its heavy debt load well, but weak oil and gas prices challenge its growth and utilization rates. The company generates strong free cash flow and is focused on reducing debt to 3.5x EBITDA, aiming for a market re-rating. Low asset utilization, especially in the Rockies and Piceance segments, and high interest expenses remain significant risks.
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SMC Gains 6.9% on Y/Y Revenue Growth in Q1 Despite Earnings Drop
Published: May 14, 2025 by: Zacks Investment Research
Sentiment: Positive
SMC posts solid Q1 revenue growth, reaffirming guidance amid crude headwinds, and benefits from recent Moonrise and Tall Oak acquisitions.
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Summit Midstream Corporation, Inc. (SMC) Q1 2025 Earnings Call Transcript
Published: May 08, 2025 by: Seeking Alpha
Sentiment: Neutral
Summit Midstream Corporation, Inc. (NYSE:SMC ) Q1 2025 Earnings Conference Call May 8, 2025 10:00 AM ET Company Participants Randall Burton - Director of Finance, Treasurer & IR Heath Deneke - President, CEO & Chairman Bill Mault - EVP & CFO Conference Call Participants Operator Thank you for standing by. My name is Lee, and I will be your conference operator today.
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Zacks Initiates Coverage of Summit Midstream With Neutral Recommendation
Published: April 25, 2025 by: Zacks Investment Research
Sentiment: Positive
Discover why Zacks, being the first on Wall Street to initiate the stock coverage, rates SMC as "Neutral." Explore SMC's improved liquidity, growth moves and asset strength, balanced by integration risks and customer concentration.
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Summit Midstream Continues To Ramp Up Scale
Published: March 24, 2025 by: Seeking Alpha
Sentiment: Positive
Summit Midstream has continued to find new opportunities to make bolt-on acquisitions to its portfolio. The company has cleaned up its balance sheet and its debt-to-adjusted EBITDA is in line with peers, but interest rates are incredibly high. The Series A payment resumption is a strong step in the company's path to drive future shareholder returns.
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Summit Midstream Posts Q4 Loss, Eyes Growth With Acquisitions
Published: March 13, 2025 by: Zacks Investment Research
Sentiment: Negative
SMC reports a wider y/y Q4 loss, revenue dip and EBITDA decline. It eyes growth through acquisitions and investments in 2025.
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Summit Midstream Corporation (SMC) Q4 2024 Earnings Call Transcript
Published: March 11, 2025 by: Seeking Alpha
Sentiment: Neutral
Summit Midstream Corporation (NYSE:SMC ) Q4 2024 Earnings Conference Call March 11, 2024 10:00 AM ET Company Participants Randall Burton - Director, Finance and Investor Relations Heath Deneke - President, CEO, and Chairman Bill Mault - CFO Conference Call Participants Operator Ladies and gentlemen, thank you for standing by. Welcome to the Summit Midstream Corporation Fourth Quarter 2024 Earnings Conference Call.
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Summit Midstream Corporation Announces the Acquisition of Moonrise Midstream and Provides DJ Basin Operational Update
Published: March 10, 2025 by: PRNewsWire
Sentiment: Neutral
HOUSTON , March 10, 2025 /PRNewswire/ -- Summit Midstream Corporation (NYSE: SMC) ("Summit", "SMC" or the "Company") announced today that its wholly owned subsidiary, Summit Midstream Holdings, LLC ("SMP Holdings"), has acquired Moonrise Midstream, LLC ("Moonrise" or "Moonrise Midstream") from Fundare Resources Company Holdco, LLC ("Fundare") for a total consideration of $90 million, including $70 million in cash and $20 million in SMC equity. Summit also provided an operational update for its broader DJ Basin position.
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Summit Midstream Corporation Announces Resumption of Preferred Dividend in First Quarter 2025
Published: February 28, 2025 by: PRNewsWire
Sentiment: Neutral
HOUSTON , Feb. 28, 2025 /PRNewswire/ -- Summit Midstream Corporation (NYSE: SMC) ("SMC" or the "Company") announced today that the board of directors of the Company, has declared a quarterly cash dividend on its Series A fixed-to-floating rate cumulative redeemable perpetual preferred stock (the "Series A Preferred Stock") for the period ended March 14, 2025. A cash dividend of $51.27 per share will be paid on the outstanding 65,508 shares on March 15, 2025 to preferred shareholders of record as of the close of business on March 3, 2025.
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About Summit Midstream Corp. (SMC)
- IPO Date 2010-02-22
- Website https://www.summitmidstream.com
- Industry Oil & Gas Midstream
- CEO Mr. J. Heath Deneke
- Employees 272