SMC
Price:
$26.645
Market Cap:
$326.69M
Summit Midstream Corporation focuses on owning, developing, and operating midstream energy infrastructure assets primarily shale formations in the continental United States. It operates natural gas, crude oil, and produced water gathering systems in four unconventional resource basins, including the Williston Basin in North Dakota, which includes the Bakken and Three Forks shale formations; the Denver-Julesburg Basin that consists of the Niobrara and Codell shale formations in Colorado and Wyoming; the Fort Worth Basin in Texas, which comprises the Barnett Shale formation; and the Piceance Basin in Colorado, which includes the Mesaverde formation, as well as the emerging Mancos and Niobrara ...[Read more]
Industry
Oil & Gas Midstream
IPO Date
2010-02-22
Stock Exchange
NYSE
Ticker
SMC
According to Summit Midstream Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 0.76. This represents a change of 2.44% compared to the average of 0.74 of the last 4 quarters.
The mean historical Current Ratio of Summit Midstream Corp. over the last ten years is 4.96. The current 0.76 Current Ratio has changed 1.43% with respect to the historical average. Over the past ten years (40 quarters), SMC's Current Ratio was at its highest in in the March 2024 quarter at 2.64. The Current Ratio was at its lowest in in the December 2024 quarter at 0.68.
Average
4.96
Median
0.97
Minimum
0.68
Maximum
25.22
Discovering the peaks and valleys of Summit Midstream Corp. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 0%
Maximum Annual Current Ratio = 25.22
Minimum Annual Increase = -95.24%
Minimum Annual Current Ratio = 0.68
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.68 | -7.87% |
| 2023 | 0.73 | -11.24% |
| 2022 | 0.83 | -24.96% |
| 2021 | 1.10 | -8.12% |
| 2020 | 1.20 | -95.24% |
The current Current Ratio of Summit Midstream Corp. (SMC) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
0.75
5-year avg
0.91
10-year avg
4.96
Summit Midstream Corp.’s Current Ratio is greater than PrimeEnergy Resources Corporation (0.53), less than Berry Corporation (0.81), greater than Houston American Energy Corp. (0.38), less than Ranger Energy Services, Inc. (2.47), greater than Ring Energy, Inc. (0.55), greater than Aemetis, Inc. (0.05), less than DMC Global Inc. (2.76), less than Geospace Technologies Corporation (3.62), greater than TOYO Co., Ltd. (0.47), less than Forum Energy Technologies, Inc. (2.19),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.53 | $325.38M | |
| 0.81 | $270.46M | |
| 0.38 | $75.91M | |
| 2.47 | $306.09M | |
| 0.55 | $200.97M | |
| 0.05 | $105.24M | |
| 2.76 | $130.00M | |
| 3.62 | $190.45M | |
| 0.47 | $254.72M | |
| 2.19 | $434.21M |
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