How to Buy Summit Midstream Stock
Summit Midstream Corp
Summit Midstream is a oil & gas midstream company located in Texas, United States, which is part of the Energy sector, and is traded under the ticker SMC on the NYSE exchange.
Summit Midstream stock last closed at $37.72, down 0.26% from the previous day, and has increased 117.53% in one year. It has overperformed other stocks in the Oil & Gas Midstream industry by 0.87 percentage points. Summit Midstream stock is currently +142.42% from its 52-week low of $15.56, and -3.73% from its 52-week high of $39.18.
There are currently 10.65M SMC shares outstanding. The market value of SMC is $401.67M. In the last 24 hours, 53,197 SMC shares were traded.
How to Buy Summit Midstream Stock
Wondering how to invest in Summit Midstream stock? Here's how.
- Figure out where to buy Summit Midstream stock: You need to choose an online brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you choose where to buy Summit Midstream stock.
- Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Deposit money your investment account: Pick your method of payment and add your information.
- Research Summit Midstream stock: The Summit Midstream ticker symbol is SMC. Is Summit Midstream stock a good investment? Should you buy shares of SMC? How do SMC's underlying business fundamentals look? Do top analysts think Summit Midstream is a good buy? Why has SMC's stock price moved recently? (Hint: Our stock analysis website can help you evaluate if SMC is a good stock to buy).
- Place your SMC trade: Decide if you will purchase SMC shares at the current market price or use a limit order to purchase SMC shares at a particular price.
- Get notifications regarding your investment in SMC: Create a watchlist to monitor your new investment in Summit Midstream stock.
Step 1: Figure out where to buy Summit Midstream stock
You need a brokerage account to access the NYSE market and buy SMC shares.
Our favorite brokerage: eToro
Based on our analysis, eToro is the best online stock brokerage. Here's why:
- Invest in stocks with zero commissions: Invest without commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still purchase the stock.
- Access to global financial markets: From Technology to Healthcare, New York to London — you can fill your portfolio with stocks from the globe's leading exchanges.
- Social investing: eToro has a community with more than 20 million users globally. Talk to, learn from, and copy the unique crypto portfolios of other investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your share purchase by signing up for an account with eToro now.
Open eToro AccountStep 2: Open a brokerage account
Now that you've selected your brokerage, the next step is to fill out some personal information so you can invest in SMC today.
How to Set Up a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to open a new brokerage account.
- Submit your application by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you've finished signing up on one of the most highly reviewed stock apps, you need to deposit funds:
Check out the walkthrough below if you need help depositing funds into your new brokerage account.
Step 4: Research Summit Midstream stock
After you have figured out the best place to buy Summit Midstream stock, it's critical to evaluate their stock before you buy, so you can wrap your head around the risk and opportunity.
Summit Midstream quick stats
Summit Midstream Fundamentals
WallStreetZen was designed to help average investors perform more in-depth fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on SMC's stock page.
How is SMC stock valued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge SMC's intrinsic value.
Using relative valuations ratios:
- SMC may be undervalued based on its P/B ratio of 0.62x, relative to Oil & Gas Midstream industry P/B ratio of 2.89x
You can access more valuation research on SMC's stock here.
Is SMC a healthy company?
Failed Financial Due Diligence Checks:
- There are more long-term liabilities than short-term assets on the SMC balance sheet.
- SMC's operating cash flow of $56.27M allows it to safely service it's debt of $956.97M.
- SMC has a relatively high debt to equity ratio of 1.87.
- There are more short-term liabilities than short-term assets on the SMC balance sheet.
- Total SMC debt is higher than 5 years ago, relative to shareholder equity.
- SMC earnings of $159.60M is not sufficient to cover its interest payments.
- SMC profit margin has gone down from -15.7% to -27.7% in the past year.
SMC Technical Indicators
Is SMC Making Money?
Last year, SMC revenue was $449.92M. Over the last five year, SMC's revenue has increased by -0.66% per year. This was slower than the Oil & Gas Midstream industry average of 8.11%.
Dig into SMC's earnings and revenue performance here.
What are SMC executives and large shareholders up to?
In the last 12 months, insiders at SMC have sold more shares than they have bought.
J. Heath Deneke, Chairman President and CEO of SMC, was the latest SMC insider to sell. They sold $37,530.00 worth of SMC shares on Jan 7, 2025.
Dig into more about who owns SMC shares here.
Does SMC stock generate passive income?
No, Summit Midstream doesn't provide an income stream by paying out dividends.
What do other traders have to say about SMC?
One of the reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Place your SMC trade
You have two main options:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are generally the easiest way to buy. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a particular price limit, place a limit order.
Hit the Open Trade button and eToro will execute your order.
If you want more assistance buying stocks on eToro, click the helpful video below:
Step 6: Get notifications regarding your investment in SMC
Now that you own some SMC stock, you'll want to keep up with your stock purchase.
Put SMC on a watchlist to track the most important metrics related to your SMC stock.
SMC Feed
How to Buy Stock in Summit Midstream
To reiterate, here are the 6 steps to buy stock in Summit Midstream:
- Figure out where to buy Summit Midstream stock
- Open a brokerage account
- Deposit money your investment account
- Research Summit Midstream stock
- Place your SMC trade
- Get notifications regarding your investment in SMC
If you require a brokerage account, eToro is our favorite venue.
Get Started with eToro TodayIf you want to get notifications regarding your new investment in Summit Midstream, create a watchlist on WallStreetZen today.
Other Content You Might Find Useful
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsPerformanceHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.