Summit Midstream Corporation (SMC) is a Natural Gas Distribution company listed on NYSE. In the last 30 days Quantisnow tracked 2 wire items for SMC, including 1 press release or news item and 1 earnings update. The most recent was published Nov 2, 2026.
SMC rankings
Financial highlights
Full financials- Revenue, TTM
- $583.33M
- Revenue growth
- +20.9%
- Net income, TTM
- $289.0K
- Net margin
- 0.0%
- Free cash flow, TTM
- $44.84M
- Cash
- $20.97M
For the twelve months ended Jun 30, 2026, from SEC filings. Not investment advice.
News · 26 weeks23-50%
2026-05-102026-11-01
Mix890d
- Earnings2(25%)
- SEC Filings2(25%)
- Analyst1(13%)
- Dividends1(13%)
- Insider1(13%)
- Other1(13%)
Latest news
25 items- PRSummit Midstream Corporation Schedules Third Quarter 2026 Earnings CallHOUSTON, Nov. 2, 2026 /PRNewswire/ -- Summit Midstream Corporation (NYSE:SMC) ("Summit", "SMC" or the "Company") announced today that it will report operating and financial results for the third quarter of 2026 on Monday, November 9, 2026, after the close of trading on the New York Stock Exchange. Third Quarter 2026 Earnings CallSMC will host a conference call at 10:00 a.m. Eastern on November 10, 2026, to discuss its quarterly operating and financial results. The call can be accessed via teleconference at: Q3 2026 Summit Midstream Corporation Earnings Conference Call (https://register-conf.media-server.com/register/BI10be65af5
- PRFundare Resources Completes Final Divestiture and Concludes Five-Year Business VentureFundare Resources Company, LLC ("Fundare" or the "Company") announced that it has completed the sale of its entire operated oil and gas business to Peoria Resources, LLC ("Peoria"), a subsidiary of JAPEX (U.S.) Corp. Through the transaction, Peoria acquired all of Fundare’s E&P assets in the Denver-Julesburg ("DJ") Basin of Colorado and the Green River Basin of Wyoming. This divestiture follows the March 2025 sale of Fundare’s DJ Basin midstream operations (Moonrise Midstream) to Summit Midstream Corporation (NYSE:SMC). Cody Truitt, President and CEO of Fundare, commented, "We are pleased to announce the closing of our final divestiture, marking the successful conclusion of the Fundare bu
- INSIDERExecutive VP, GC, CCO and Secy Johnston James David sold $79,326 worth of shares (2,600 units at $30.51) as part of a pre-agreed trading plan, decreasing direct ownership by 3% to 72,757 units (SEC Form 4)4 - Summit Midstream Corp (0002024218) (Issuer)
- PRSummit Midstream Corporation Announces Final Investment Decision on Double E Pipeline Mainline Compression ExpansionHOUSTON, Aug. 31, 2026 /PRNewswire/ -- Summit Midstream Corporation (NYSE:SMC) ("Summit", "SMC" or the "Company") announced today that Double E Pipeline, LLC ("Double E") has concluded a successful open season and reached a final investment decision on its previously announced mainline compression expansion project, supported by a new long-term firm transportation agreement with an investment-grade shipper. HighlightsReached a final investment decision on the mainline compression expansion, with an expected in-service date in the fourth quarter of 2028Executed a new long-term take-or-pay firm transportation agreement with an in
- ANALYSTTD Cowen reiterated coverage on Summit Midstream Partners with a new price targetTD Cowen reiterated coverage of Summit Midstream Partners with a rating of Buy and set a new price target of $43.00 from $39.00 previously
- SECSummit Midstream Corporation filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits8-K - Summit Midstream Corp (0002024218) (Filer)
- SECSEC Form 10-Q filed by Summit Midstream Corporation10-Q - Summit Midstream Corp (0002024218) (Filer)
- PRSummit Midstream Corporation Reports Second Quarter 2026 Financial and Operating ResultsHOUSTON, Aug. 10, 2026 /PRNewswire/ -- Summit Midstream Corporation (NYSE:SMC) ("Summit", "SMC" or the "Company") announced today its financial and operating results for the three months ended June 30, 2026. HighlightsSecond quarter 2026 net income of $4.6 million, Adjusted EBITDA of $60.7 million, an increase of 12% relative to the first quarter of 2026, cash flow available for distributions ("Distributable Cash Flow" or "DCF") of $36.8 million and free cash flow ("FCF") of $9.4 millionEight rigs currently operating behind the Rockies systems, including six in the Williston Basin and two in the DJ Basin, with approximately 75
- ANALYSTTD Cowen initiated coverage on Summit Midstream Partners with a new price targetTD Cowen initiated coverage of Summit Midstream Partners with a rating of Buy and set a new price target of $39.00
- PRSummit Midstream Corporation Schedules Second Quarter 2026 Earnings CallHOUSTON, July 30, 2026 /PRNewswire/ -- Summit Midstream Corporation (NYSE:SMC) ("Summit", "SMC" or the "Company") announced today that it will report operating and financial results for the second quarter of 2026 on Monday, August 10, 2026, after the close of trading on the New York Stock Exchange. Second Quarter 2026 Earnings CallSMC will host a conference call at 10:00 a.m. Eastern on August 11, 2026, to discuss its quarterly operating and financial results. The call can be accessed via teleconference at: Q2 2026 Summit Midstream Corporation Earnings Conference Call (https://register-conf.media-server.com/register/BI8cebf785f
- INSIDERExecutive VP, GC, CCO and Secy Johnston James David sold $77,272 worth of shares (2,600 units at $29.72) as part of a pre-agreed trading plan, decreasing direct ownership by 3% to 75,357 units (SEC Form 4)4 - Summit Midstream Corp (0002024218) (Issuer)
- SECSEC Form 144 filed by Summit Midstream Corporation144 - Summit Midstream Corp (0002024218) (Subject)
- SECSEC Form S-8 filed by Summit Midstream CorporationS-8 - Summit Midstream Corp (0002024218) (Filer)
- SECSummit Midstream Corporation filed SEC Form 8-K: Regulation FD Disclosure, Financial Statements and Exhibits8-K - Summit Midstream Corp (0002024218) (Filer)
- PRSummit Midstream Secures Additional Double E Commitments and Extends Open Season Amid Strong Shipper DemandHOUSTON, June 8, 2026 /PRNewswire/ -- Summit Midstream Corporation (NYSE: SMC) ("Summit," "SMC" or the "Company") today announced continued commercial execution across two of its key growth platforms, the Double E Pipeline in the Permian Basin and its crude oil gathering systems in the Williston Basin. HighlightsExecuted two new long-term firm transportation agreements totaling 150 MMcf/d, bringing total Double E open season commitments to 250 MMcf/d and total contracted capacity to approximately 1.9 Bcf/dExtended Double E open season to June 30, 2026 given significant inbound interest; advanced discussions ongoing with multipl
- SECSummit Midstream Corporation filed SEC Form 8-K: Regulation FD Disclosure, Financial Statements and Exhibits8-K - Summit Midstream Corp (0002024218) (Filer)
- PRSummit Midstream Corporation Announces Inaugural $35 Million Stock Repurchase ProgramHOUSTON, June 1, 2026 /PRNewswire/ -- Summit Midstream Corporation (NYSE:SMC) ("Summit," "SMC" or the "Company") today announced that its Board of Directors has authorized the Company's inaugural stock repurchase program to repurchase up to $35 million of the Company's outstanding common stock. Heath Deneke, President, Chief Executive Officer and Chairman, commented, "The authorization of our inaugural share repurchase program reflects the Board's confidence in Summit's financial strength and the significant progress we have made over the past year in simplifying our balance she
- INSIDERDirector Peters Jerry L sold $320,000 worth of shares (10,000 units at $32.00) (SEC Form 4)4 - Summit Midstream Corp (0002024218) (Issuer)
- SECSEC Form 144 filed by Summit Midstream Corporation144 - Summit Midstream Corp (0002024218) (Subject)
- SECSummit Midstream Corporation filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders8-K - Summit Midstream Corp (0002024218) (Filer)
- SECSummit Midstream Corporation filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits8-K - Summit Midstream Corp (0002024218) (Filer)
- SECSEC Form 10-Q filed by Summit Midstream Corporation10-Q - Summit Midstream Corp (0002024218) (Filer)
- PRSummit Midstream Corporation Reports First Quarter 2026 Financial and Operating ResultsHOUSTON, May 11, 2026 /PRNewswire/ -- Summit Midstream Corporation (NYSE: SMC) ("Summit", "SMC" or the "Company") announced today its financial and operating results for the three months ended March 31, 2026. HighlightsFirst quarter 2026 net loss of $3.2 million, Adjusted EBITDA of $54.2 million, cash flow available for distributions ("Distributable Cash Flow" or "DCF") of $26.9 million and free cash flow ("FCF") of $11.4 millionConnected 37 wells during the first quarter, including four Williston wells from the new 10-year crude gathering agreement; five rigs currently running with approximately 80 DUCs behind the systemsExecuted a new precedent agreement for 100 MMcf/d of firm capacity on
- PRSummit Midstream Corporation Schedules First Quarter 2026 Earnings CallHOUSTON, April 29, 2026 /PRNewswire/ -- Summit Midstream Corporation (NYSE:SMC) ("Summit", "SMC" or the "Company") announced today that it will report operating and financial results for the first quarter of 2026 on Monday, May 11, 2026, after the close of trading on the New York Stock Exchange. First Quarter 2026 Earnings CallSMC will host a conference call at 10:00 a.m. Eastern on May 12, 2026, to discuss its quarterly operating and financial results. The call can be accessed via teleconference at: Q1 2026 Summit Midstream Corporation Earnings Conference Call (https://register-conf.media-server.com/register/BI874f39fdf8c54b499c4ac477755fbcad). Once registration is completed, participants w
- SECAmendment: SEC Form SCHEDULE 13G/A filed by Summit Midstream CorporationSCHEDULE 13G/A - Summit Midstream Corp (0002024218) (Subject)
SMC FAQ
10 questionsWhat is the latest news on SMC?
In the last 30 days Quantisnow tracked 2 wire items for SMC: 1 press release or news item and 1 earnings update. The most recent was published on November 2, 2026.What is SMC revenue?
Summit Midstream Corporation (SMC) reported $583.33M of revenue for the twelve months ended Jun 30, 2026. That is up 20.9% from the year before. Revenue for fiscal 2025 was $562.09M.Is SMC profitable?
Yes. Summit Midstream Corporation earned $289.0K in net income for the twelve months ended Jun 30, 2026, a net margin of 0.0%.How much cash and debt does SMC have?
Summit Midstream Corporation reported $20.97M in cash and cash equivalents and $1.24B of debt on its most recent balance sheet in SEC filings.Where does SMC stock trade?
Summit Midstream Corporation (SMC) is listed on NYSE.What sector and industry is SMC in?
Summit Midstream Corporation operates in the Utilities sector, Natural Gas Distribution industry.When did Summit Midstream Corporation go public?
Summit Midstream Corporation (SMC) completed its IPO in 2012.What are analysts saying about SMC?
Summit Midstream Corporation has had 3 recent analyst actions on file. The most recent action was from TD Cowen: Buy with a $43.00 price target on 2026-08-12. Recent price targets range from $39.00 to $47.00.What companies are similar to SMC?
Notable peers in the same industry include ENB (Enbridge Inc), NGG (National Grid Transco PLC National Grid PLC (NEW)), WMB (Williams Companies Inc.), EPD (Enterprise Products Partners L.P.), KMI (Kinder Morgan Inc.). Compare SMC side-by-side with any of them on Quantisnow.How can I track SMC on Quantisnow?
Quantisnow aggregates Summit Midstream Corporation's SEC filings, analyst ratings, insider transactions, FDA approvals, and press releases the moment they hit the wire (Wall Street's wire, on your screen.). Follow SMC to receive live email and push alerts on every new disclosure.