SMC - Summit Midstream Corp.
Summit Midstream Corporation specializes in managing and developing critical energy infrastructure, primarily across the continental United States' significant shale formations. The company oversees extensive collection networks for natural gas, crude oil, and produced water. These operations span four major unconventional resource basins: the Williston Basin in North Dakota (encompassing the Bakken and Three Forks shale plays), the Denver-Julesburg Basin across Colorado and Wyoming (with its Niobrara and Codell formations), the Fort Worth Basin in Texas (featuring the Barnett Shale), and Colorado's Piceance Basin (home to the Mesaverde, and emerging Mancos and Niobrara formations).
As of Jun 30, 2026: spot at $28.35, ATM IV 83.7%, max pain $25.00, net GEX $53.2K.
- Sector
- Energy
- Industry
- Oil & Gas Midstream
- Market Cap
- $408.4M
- Beta
- 0.75
- 52-Week Range
- 19.13-33.5
- CEO
- J. Heath Deneke
- Employees
- 272
- IPO Date
- Feb 22, 2010
- Exchange
- NYSE
What SMC Looks Like to Options Traders Today
IV rank of 32.8% sits near the 1-year median, where strategy choice depends on directional conviction and the event calendar rather than vol regime alone; positive net gamma exposure ($53.2K) means dealers hedge against trend, damping realized volatility and biasing price toward heavy-OI strikes; the 25-delta skew (0.546) prices calls richer than puts, often reflecting upside speculation or squeeze risk.
What This Page Covers
The SMC overview links into per-metric analysis views: max pain, gamma exposure, volatility skew, expected move, options chain, open interest history, and aggregate Greeks. Microstructure data is available on short interest, short volume, fail-to-deliver, and market structure. Corporate data is on fundamentals, earnings, analyst ratings, and insider trading.
Frequently asked SMC overview questions
- What is SMC?
- SMC is the ticker symbol for Summit Midstream Corp., a listed security. Summit Midstream Corporation specializes in managing and developing critical energy infrastructure, primarily across the continental United States' significant shale formations. The company oversees extensive collection networks for natural gas, crude oil, and produced water. Listed on NYSE. SMC is the equity ticker shown on this page; equity options traders use the security for directional, volatility, and income strategies via the listed options chain.
- What does the SMC options snapshot look like today?
- As of Jun 30, 2026, the SMC options snapshot shows spot at $28.35, ATM IV 83.7%, IV rank 32.8%, max pain $25.00, net GEX $53.2K, expected move 24.00%. The full options chain, Greeks by strike and expiration, per-strike open-interest distribution, dealer gamma and delta exposure, and the volatility skew surface are linked from this overview page. Each per-metric route refreshes once per trading session and reflects the most recent close-of-business listed-options state.
- What are SMC's key statistics?
- Summit Midstream Corp. (SMC) carries a market capitalization of $408.4M, beta of 0.75 relative to the broader market, 52-week range of 19.13-33.5. Full income statement, balance sheet, cash flow, and TTM ratio history is on the per-ticker fundamentals page; daily price history and 52-week levels are accessible from the same view. These structural inputs frame how the options market prices implied volatility around earnings windows and capital events.
- What sector or industry does SMC belong to?
- Summit Midstream Corp. operates in the Energy sector, in the Oil & Gas Midstream industry. Sector classification affects how the ticker correlates with sector ETFs, how it reacts to macro factors like rate moves and commodity prices, and how its options pricing compares to sector peers. Compare SMC's implied volatility and skew against sector benchmarks to gauge whether the options market is pricing single-name or systemic risk relative to the broader peer group.
- How current is the SMC data on this page?
- The options snapshot above is dated Jun 30, 2026 and refreshes once per session, with all per-strike Greeks and exposure aggregates recomputed at the daily close. Company-profile fields (sector, industry, market cap, P/E, IPO date) refresh from the vendor feed nightly. Financials and earnings refresh as 10-K and 10-Q filings are parsed (typically within several business days of the actual report). FINRA microstructure data refreshes on the source's cadence (daily for short volume, bi-monthly for short interest, weekly for the OTC volume file, twice-monthly for SEC FTD).