Summit Midstream Corp SMC

Morningstar Rating
$30.52 +0.59 (1.97%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

SMC is trading at a LOCK|%H>^F premium.
Price
$29.98
Fair Value
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Uncertainty
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1-Star Price
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5-Star Price
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Economic Moat
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Capital Allocation
—

News

Trading Information

Previous Close Price
$29.98
Day Range
$30.17–30.60
52-Week Range
$19.96–36.47
Bid/Ask
$30.46 / $30.67
Shares Outstanding
13.78M
Market Cap
$418.19M
Volume/Avg
63,442 / 67,154

Key Statistics

Price/Earnings (Normalized)
722.37
Price/Sales
0.70
Dividend Yield (Trailing)
0.00%
Dividend Yield (Forward)
0.00%
Dividend Payment Schedule
—
Total Yield
—

Company Profile

Summit Midstream Corp is a value-driven corporation focused on developing, owning and operating midstream energy infrastructure assets strategically located in unconventional resource basins, shale formations, in the continental U.S. It currently operates natural gas, crude oil and produced water gathering systems in various unconventional resource basins including the Williston Basin, DJ Basin, Barnett Shale, Piceance Basin, Permian Basin, and the Arkoma Basin. The company's reportable segments are: Rockies, Permian, Mid-Con, Piceance, and Northeast. Maximum revenue is generated from the Mid-Con segment. Summit generates revenue mainly from natural gas, NGLs, and condensate sales, and the provision of gathering and related services.
Sector
Energy
Industry
Oil & Gas Midstream
Stock Style Box
Small Value
Total Number of Employees
296

Valuation

Metric
SMC
Price/Earnings (Normalized)
722.37
Price/Book Value
0.83
Price/Sales
0.70
Price/Cash Flow
2.76
Price/Earnings
SMC

Financial Strength

Metric
SMC
Quick Ratio
0.82
Current Ratio
0.94
Interest Coverage
0.99
Quick Ratio
SMC

Profitability

Metric
SMC
Return on Assets (Normalized)
0.55%
Return on Equity (Normalized)
2.77%
Return on Invested Capital (Normalized)
4.46%
Return on Assets
SMC

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