SMC Stock Summary and Trading Ideas (Summit Midstream | NYSE:SMC)

Summit Midstream Corp is a value-driven corporation focused on developing, owning and operating midstream energy infrastructure assets strategically located in unconventional resource basins, primarily shale formations, in the continental U.S. It currently operates natural gas, crude oil and produced water gathering systems in four unconventional resource basins: the Williston Basin in North Dakota, which includes the Bakken and Three Forks shale formations; the Denver-Julesburg Basin, which includes the Niobrara and Codell shale formations in Colorado and Wyoming; the Fort Worth Basin in Texas, which includes the Barnett Shale formation; and the Piceance Basin in Colorado, which includes the liquids-rich Mesaverde formation as well as the emerging Mancos and Niobrara Shale formations.

Summit Midstream trades on the NYSE stock market under the symbol SMC.

As of March 5, 2025, SMC stock price declined to $40.47 with 63,669 million shares trading.

SMC has a beta of 0.60, meaning it tends to be less sensitive to market movements. SMC has a correlation of 0.08 to the broad based SPY ETF.

SMC has a market cap of $430.95 million. This is considered a Small Cap stock.

The top ETF exchange traded funds that SMC belongs to (by Net Assets): VTI, VXF, BSVO, AVSC, TXSS.

SMC support price is $40.25 and resistance is $42.84 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SMC shares will trade within this expected range on the day.