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Stock impact report

Summit Midstream: The Recovery Continues [Seeking Alpha]

Summit Midstream Corporation (SMC) 
Company Research Source: Seeking Alpha
While preferred dividends have resumed, common dividends remain suspended. SMC needs to further strengthen its balance sheet and establish a consistent track record. This idea is not for conservative investors as risk is elevated. This idea was discussed in more depth with members of my private investing community, Oil & Gas Value Research. Learn More » TheKaran/iStock via Getty Images Summit Midstream Corporation ( SMC ) was one of those companies that began with conservative ratios years ago. But management failed to anticipate the depth and length of the natural gas cyclical drop that led to some financial stress and a turnaround More on my IG service I analyze oil and gas companies and related companies like Summit Midstream in my service, Oil & Gas Value Research, where I look for undervalued names in the oil and gas space. I break down everything you need to know about these companies -- the balance sheet, competitive position and development prospects. This artic Show less Read more
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