Equities

Summit Midstream Corp

SMC:NYQ

Summit Midstream Corp

Actions
EnergyOil, Gas and Coal
  • Price (USD)38.28
  • Today's Change2.28 / 6.33%
  • Shares traded39.91k
  • 1 Year change+103.62%
  • Beta2.4228
Data delayed at least 15 minutes, as of Nov 22 2024 17:37 GMT.
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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)449.92m
  • Net income in USD-131.92m
  • 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 2024Announced9.28%698.04m
Data delayed at least 15 minutes, as of Nov 22 2024 17:37 GMT.

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)
KNOT Offshore Partners LP296.76m-4.77m211.76m1.00--0.44562.000.7136-0.1321-0.13218.2316.550.187530.64184.78296,764,000.000.1232.340.13722.6364.8372.830.655714.430.72251.240.60045.548.240.7932-179.28--88.43-45.07
StealthGas Inc-100.00bn-100.00bn220.63m463.00--0.37----------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.152.31m16.06m339.47m266.0021.161.357.362.231.291.2912.2120.210.32072.905.76572,575.203.38-1.063.69-1.1255.9844.9510.55-4.021.163.240.3935--42.8413.10934.27--30.89--
Oil States International Inc736.26m-20.46m343.32m2.75k--0.50139.360.4663-0.33-0.3311.7610.850.72112.694.08267,536.00-2.00-11.86-2.36-13.7122.0019.43-2.78-20.731.831.380.1547--6.04-6.39235.13---19.02--
Ranger Energy Services Inc579.50m14.70m371.50m2.00k25.841.396.340.64110.64630.646325.1312.031.5172.495.02289,750.003.831.384.732.0616.1917.122.541.101.919.390.08366.414.6216.0057.62---13.62--
Summit Midstream Corp449.92m-131.92m383.35m244.00--0.7038--0.852-12.80-12.8042.1973.520.1996--6.451,843,930.00-5.98-0.9314-6.52-0.981850.9060.35-29.98-5.85--9.150.55--24.16-1.9650.58---19.24--
Ardmore Shipping Corp422.62m149.67m497.50m56.003.340.79672.771.183.563.5610.0415.810.599814.607.297,546,840.0021.775.1123.075.5454.2742.2536.2912.873.2621.840.032826.90-11.1613.51-16.03--7.83--
Tetra Technologies Inc617.73m7.15m532.51m1.50k75.113.4012.640.8620.05380.01224.711.191.275.025.30411,822.001.47-3.391.96-5.6122.8720.121.16-5.641.512.420.5363--13.20-8.91233.67---23.11--
Data as of Nov 22 2024. Currency figures normalised to Summit Midstream Corp's reporting currency: US Dollar USD

Institutional shareholders

28.88%Per cent of shares held by top holders
HolderShares% Held
Invesco Advisers, Inc.as of 30 Sep 2024953.35k8.95%
The Vanguard Group, Inc.as of 30 Sep 2024449.92k4.23%
Shenkman Capital Management, Inc.as of 30 Sep 2024416.28k3.91%
Merrill Lynch, Pierce, Fenner & Smith, Inc. (Invt Mgmt)as of 30 Sep 2024347.07k3.26%
Goldman Sachs Asset Management LPas of 30 Sep 2024287.29k2.70%
Ares Management LLCas of 30 Sep 2024198.57k1.87%
BlackRock Fund Advisorsas of 30 Sep 2024133.01k1.25%
Virtus Fund Advisers LLCas of 30 Sep 2024108.29k1.02%
Geode Capital Management LLCas of 30 Sep 202494.55k0.89%
Susquehanna Financial Group LLLPas of 30 Sep 202487.21k0.82%
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Data from 30 Sep 2024 - 30 Sep 2024Source: FactSet Research Systems Inc.
Data Provided by LSEG
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