Momentum Is Strong For Summit Midstream Corp (NYSE: SMC)

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours.

Stocks Info

This NYSE-listed company operates within the Oil & Gas Midstream industry segment, falling under the Energy sector. The current market capitalization of Summit Midstream Corp is $546.26M. A total of 72797.0 shares were traded on the day, compared to an average of 114.13K shares.

In the most recent transaction, Deneke J Heath sold 1,000 shares of SMC for 35.33 per share on Mar 27 ’25. After the transaction, the Chairman, President and CEO now owns 267,170 company shares. In a previous transaction on Mar 28 ’25, Deneke J Heath sold 1,000 shares at 34.67 per share. SMC shares that Chairman, President and CEO owns now total 266,170.

Among the insiders who sold shares, Deneke J Heath disposed of 1,000 shares on Mar 24 ’25 at a per-share price of $36.32. This resulted in the Chairman, President and CEO holding 270,170 shares of SMC after the transaction. In another insider transaction, Deneke J Heath sold 1,000 shares at $35.74 per share on Mar 25 ’25. Company shares held by the Chairman, President and CEO now total 269,170.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, SMC has a high of $45.89 and a low of $25.72.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. SMC’s latest balance sheet shows that the firm has $7.35M in Cash & Short Term Investments as of fiscal 2021. There were $1.36B in debt and $79.24M in liabilities at the time. Its Book Value Per Share was $33.54, while its Total Shareholder’s Equity was $904.36M.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock.

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