Summit Midstream Stock (NYSE:SMC)
Previous Close
$29.78
52W Range
$19.13 - $33.50
50D Avg
$30.03
200D Avg
$26.81
Market Cap
$413.60M
Avg Vol (3M)
$72.47K
Beta
0.75
Div Yield
-
SMC Company Profile
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.