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SMC (Summit Midstream) 6-1 Month Momentum % : 30.15% (As of Mar. 31, 2025)


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What is Summit Midstream 6-1 Month Momentum %?

6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2025-03-31), Summit Midstream's 6-1 Month Momentum % is 30.15%.

The industry rank for Summit Midstream's 6-1 Month Momentum % or its related term are showing as below:

SMC's 6-1 Month Momentum % is ranked better than
86.76% of 1050 companies
in the Oil & Gas industry
Industry Median: -3.04 vs SMC: 30.15

Competitive Comparison of Summit Midstream's 6-1 Month Momentum %

For the Oil & Gas Midstream subindustry, Summit Midstream's 6-1 Month Momentum %, along with its competitors' market caps and 6-1 Month Momentum % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Summit Midstream's 6-1 Month Momentum % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Summit Midstream's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Summit Midstream's 6-1 Month Momentum % falls into.


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Summit Midstream  (NYSE:SMC) 6-1 Month Momentum % Calculation

6-1 Month Momentum % is calculated as following:

6-1 Month Momentum %=( Price 1-month ago / Price 6-month ago - 1 ) * 100 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Summit Midstream  (NYSE:SMC) 6-1 Month Momentum % Explanation

Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 6-1 Month Momentum % measures the total return to a stock over the past six months, but ignores the previous month.

The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.


Summit Midstream 6-1 Month Momentum % Related Terms

Thank you for viewing the detailed overview of Summit Midstream's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.


Summit Midstream Business Description

Traded in Other Exchanges
N/A
Address
910 Louisiana Street, Suite 4200, Houston, TX, USA, 77002
Summit Midstream Corp is a value-driven corporation focused on developing, owning and operating midstream energy infrastructure assets strategically located in unconventional resource basins, 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.
Executives
Jerry L Peters director, other: See Remarks 1811 AKSARBEN DRIVE, OMAHA NE 68106
J Heath Deneke director, officer: See remarks below. 700 LOUISIANA STREET, SUITE 2550, HOUSTON TX 77002
James David Johnston officer: See remarks below. 910 LOUISIANA STREET, SUITE 4200, HOUSTON TX 77002
Rommel M. Oates director, other: See Remarks. 910 LOUISIANA STREET, SUITE 4200, HOUSTON TX 77002
William J. Mault officer: See remarks below. 910 LOUISIANA STREET, SUITE 4200, HOUSTON TX 77002
Matthew B. Sicinski officer: See remarks below. 910 LOUISIANA STREET, SUITE 4200, HOUSTON TX 77002
James J Cleary director, other: See Remarks. 12 E. 49TH STREET, 39TH FLOOR, NEW YORK NY 10017
Robert Joseph Mcnally director, other: See Remarks. 625 LIBERTY AVENUE, SUITE 1700, C/O EQT CORPORATION, PITTSBURGH PA 15222
Marguerite Woung-chapman director, other: See Remarks. 1001 LOUISIANA, HOUSTON TX 77002
Christopher M Leininger director, other: See Remarks. 11943 EL CAMINO REAL, SUITE 200, SAN DIEGO CA 92130
Francesco Ciabatti director, other: See Remarks. 51 JOHN F. KENNEDY PARKWAY, SUITE 200, SHORT HILLS NJ 07078
James Lee Jacobe director, other: See Remarks. 1790 HUGHES LANDING BLVD., SUITE 500, THE WOODLANDS TX 77380
Energy Capital Partners Ii (summit Co-invest), Lp director, 10 percent owner C/O ENERGY CAPITAL PARTNERS II, 51 JOHN F. KENNEDY PARKWAY, SUITE 200, SHORT HILLS NJ 07078
Energy Capital Partners Ii-c (summit Ip), Lp director, 10 percent owner 51 JOHN F. KENNEDY PARKWAY, SUITE 1250, SHORT HILLS NJ 07078
Energy Capital Partners Ii-b Ip, Lp director, 10 percent owner 51 JOHN F. KENNEDY PARKWAY, SUITE 1250, SHORT HILLS NJ 07078