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NYSE: SMC
Summit Midstream (SMC) stock, explained like you're 5
Summit Midstream trades on the New York Stock Exchange under the ticker SMC. It is a small cap company in the natural gas distribution industry, part of the utilities sector, with a market value of about 649 million dollars.
- Ticker
- SMC
- Exchange
- New York Stock Exchange
- Sector
- Utilities
- Industry
- Natural Gas Distribution
- Size
- Small cap, about 649 million dollars
Is Summit Midstream a small, medium or large cap company?
No. Summit Midstream is a small cap stock, not a large cap. Its market cap, which is the total value of all its shares, is about 649 million dollars.
Here is how you can tell. Multiply the share price by the number of shares to get the market cap, then compare it to the usual sizes. Micro cap is under 300 million dollars, small cap is 300 million to 2 billion, mid cap is 2 to 10 billion, large cap is 10 billion and up, and mega cap is over 200 billion. Market caps move every day with the share price, so treat the number as a recent snapshot.
How Summit Midstream makes money
- Delivering electricity, gas or water to homes and businesses.
- Rates approved by regulators.
- Growing clean energy projects.
What moves SMC stock
- Interest rates, since utilities carry a lot of debt.
- Decisions by regulators on prices.
- Weather and demand for power.
In the news lately
- SMC (TSE:6273) Stock May Be Near Fair Value On Cash Flow (Yahoo Finance)
- Discipline and Rules Based Execution in SMC Response (Stock Traders Daily)
- Summit Midstream Corporation Announces Inaugural $35 Million Stock Repurchase Program (PR Newswire)
- Indo SMC (BSE:544681) Stock Analysis (Simply Wall Street)
- Summit Midstream Partners (NYSE:SMC) Stock: Insider James David Johnston Sells 2,600 Shares (MarketBeat)
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Questions about Summit Midstream stock
What does Summit Midstream do?
Summit Midstream trades on the New York Stock Exchange under the ticker SMC. It is a small cap company in the natural gas distribution industry, part of the utilities sector, with a market value of about 649 million dollars.
What is the ticker symbol for Summit Midstream?
Summit Midstream trades under the ticker SMC on the New York Stock Exchange.
What is Summit Midstream's market cap?
Summit Midstream is a small cap stock with a market cap of about 649 million dollars.
How does Summit Midstream make money?
Delivering electricity, gas or water to homes and businesses. Rates approved by regulators. Growing clean energy projects.
What moves SMC stock?
Interest rates, since utilities carry a lot of debt. Decisions by regulators on prices. Weather and demand for power.
How can I follow SMC stock every day?
Add SMC to your watchlist on Metric Finance. We post a free brief every trading day at 5 PM ET that explains what happened to the stocks you follow, in simple words.
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Educational information, not financial advice. This guide explains the business in general terms and does not include live prices.