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SMC (Summit Midstream) Shareholder Yield % : 91.50% (As of Sep. 2024)


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What is Summit Midstream Shareholder Yield %?

Shareholder Yield % is how much money shareholders receive from a company that is in the form of cash dividends, net stock repurchases, and debt reduction. It is a measure of shareholder return. As of today, Summit Midstream's Shareholder Yield % was 91.50%.


Summit Midstream Shareholder Yield % Historical Data

The historical data trend for Summit Midstream's Shareholder Yield % can be seen below:

* 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.

* Premium members only.

Summit Midstream Shareholder Yield % Chart

Summit Midstream Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shareholder Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -32.58 -101.51 108.23 7.80 -89.49

Summit Midstream Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Shareholder Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -142.73 -89.49 -15.76 40.97 93.80

Competitive Comparison of Summit Midstream's Shareholder Yield %

For the Oil & Gas Midstream subindustry, Summit Midstream's Shareholder Yield %, along with its competitors' market caps and Shareholder Yield % 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 Shareholder Yield % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Summit Midstream's Shareholder Yield % distribution charts can be found below:

* The bar in red indicates where Summit Midstream's Shareholder Yield % falls into.



Summit Midstream Shareholder Yield % Calculation

Summit Midstream's Shareholder Yield % for the quarter that ended in Sep. 2024 is calculated as:

Shareholder Yield %=Dividend Yield %+Buyback Yield %+Net Debt Paydown Yield %
=0 %+0 %+93.8 %
=93.8 %

* 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.

* All the data are calculated by TTM values. Note that if a companies is traded in several exchanges, then we calculate the company level data for Shareholder Yield % using the primary share class stock data. The calculation result in definition page is for demonstration purpose only, and it's showing the share class level data. Therefore, the numbers in the calculation may differ from elsewhere if the stock is not a primary share.


Summit Midstream  (NYSE:SMC) Shareholder Yield % Explanation

Shareholder Yield % is how much money shareholders receive from a company that is in the form of cash dividends, net stock repurchases, and debt reduction. The term was coined by William W. Priest of Epoch Investment Partners in a paper in 2005 entitled The Case for Shareholder Yield as a Dominant Driver of Future Equity Returns. William Priest indicated that "shareholder yield is a term that we came up with to reflect the various ways dividends can be paid to owners of a business in a publicly-traded company."

Shareholder Yield % is calculated by three components: Dividend Yield %, Buyback Yield %, and Net Debt Paydown Yield %.

Dividend Yield % shows how much a company pays out in dividends each year relative to its stock price, which is most obvious form of shareholder return.

Buyback Yield % is the net repurchase of shares outstanding over the market capital of the company. Shares repurchases also increase shareholder value by returning the money back to shareholders.

Net Debt Paydown Yield % is the change in average of four quarters of company's total debt over a company's market cap. Assuming the total value of a company remains that same, shareholder value is increased as debt is reduced.


Summit Midstream Shareholder Yield % Related Terms

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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, 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.
Executives
J Heath Deneke director, officer: See remarks below. 700 LOUISIANA STREET, SUITE 2550, HOUSTON TX 77002
Jerry L Peters director, other: See Remarks 1811 AKSARBEN DRIVE, OMAHA NE 68106
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