SUM

NYSE:SUM

Summit Materials, Inc.

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  • Stock

52.49

+0.08%

0.04

USD last updated 13/08 01:59:42

Last Close

52.45

10/02 21:01

Market Cap

6.50B

Beta: 1.41

Volume Today

4.69M

Avg: 719.72K

PE Ratio

13.92

PFCF: 46.94

Summit Utilities Oklahoma (SUO) has filed for a $4.937 million base rate increase with the Oklahoma Corporation Commission, citing a need to achieve a 7.77% rate of return on investment and a 10.75% return on equity. The proposed hike would raise residential monthly bills by $2.50, commercial bills by $15.85, and would be partially offset by annual Excess Deferred Income Tax (EDIT) credits. The public comment period begins November 24, with a public hearing scheduled for December 15 in Oklahoma City. SUO serves 97,789 customers across 79 communities in 36 Oklahoma counties, primarily in rural southwest Oklahoma. The company attributes the rate increase to capital investments, including $31 million in 2023 on pipeline improvements and safety upgrades, and a shift to in-house line locating operations to reduce costs and improve data accuracy. SUO also highlights community engagement efforts, including employee volunteer programs and assistance programs like the Heating Assistance Fund and Summit Cares Program, which supported over 300 customers and 11 nonprofits in 2024.

southwestledger.news

news - Jul 25, 2025 - 10:25

Crushed Stone Fill Market Research Report

Global Info Research releases a comprehensive report on the Crushed Stone Fill market, detailing its size, growth projections, and segmentation by type and application. The report forecasts the market to grow from $524 million in 2024 to $719 million by 2031, with a CAGR of 4.6%. It covers major players, regional dynamics, and market trends.

openpr.com

HTF Market Intelligence released a comprehensive analysis of the global Hot Mix Asphalt market, projecting a 6% CAGR from 2025 to 2032, with the market expanding from USD 265 Billion to USD 418 Billion. The report covers market segments by type (Dense-graded, Open-graded, etc.), application (Highways, Airport runways), and regions, highlighting drivers like infrastructure spending and innovations in recycled asphalt mixes.

openpr.com

Two lawsuits against Summit Carbon Solutions and the North Dakota Public Service Commission have been consolidated, challenging the PSC's permitting process for a carbon capture pipeline spanning five states. The project, which would transport CO2 to an underground storage site in North Dakota, faces legal scrutiny over zoning rules, resident safety, and regulatory compliance.

desmoinesregister.com

The 2025 FleetOwner 500 rankings highlight the top 10 private concrete fleets in the U.S., ranked by total registered power units. SRM Concrete and Cemex US maintained their positions as No. 1 and 2, while Vulcan Materials and Summit Materials entered at No. 3 and 4. The Holcim Group rebranded as Amrize in the U.S., and the rankings reflect changes from 2024 due to mergers, acquisitions, and industry shifts.

fleetowner.com

    Description

    Summit Materials, Inc., through its subsidiaries, produces and sells construction materials and related downstream products for the public infrastructure, and residential and nonresidential end markets. It operates through three segments: West, East, and Cement. The company's products include aggregates, cement, ready-mix concrete, asphalt paving mixes, and concrete products, a...Show More

    Earnings

    Earnings per Share (Estimate*)

    -0.50.512017-02-222019-02-062021-02-232023-02-152024-08-07

    Revenue (Estimate*)

    200M400M600M800M1B1.20B2017-02-222019-02-062021-02-232023-02-152024-08-07

    *Estimate based on analyst consensus