SMC earnings
Summit Midstream Corporation (SMC) earnings releases and earnings dates - real-time wire coverage of every quarterly report.
Recent earnings items
- Summit Midstream Corporation Reports Fourth Quarter and Full-Year 2025 Financial and Operating Results, Permian and Rockies Segment Growth Update and Provides Full-Year 2026 GuidanceHOUSTON, March 16, 2026 /PRNewswire/ -- Summit Midstream Corporation (NYSE:SMC) ("Summit", "SMC" or the "Company") announced today its financial and operating results for fourth quarter and full-year 2025, Permian and Rockies segment growth update, and provided full-year 2026 financial guidance. HighlightsFourth quarter net loss of $7.3 million, Adjusted EBITDA of $58.5 million, cash flow available for distributions ("Distributable Cash Flow" or "DCF") of $33.7 million and free cash flow ("FCF") of $17.0 millionRecently signed three 10+-year firm take-or-pay contracts on Double
- Summit Midstream Corporation Schedules Fourth Quarter 2025 Earnings CallHOUSTON, Feb. 27, 2026 /PRNewswire/ -- Summit Midstream Corporation (NYSE:SMC) ("Summit", "SMC" or the "Company") announced today that it will report operating and financial results for the fourth quarter of 2025 on Monday, March 16, 2026, after the close of trading on the New York Stock Exchange. Fourth Quarter 2025 Earnings Call InformationSMC will host a conference call at 10:00 a.m. Eastern on March 17, 2026, to discuss its quarterly operating and financial results. The call can be accessed via teleconference at the following link: Q4 2025 Summit Midstream Corporation Earnin
- Summit Midstream Corporation Reports Third Quarter 2025 Financial and Operating ResultsHOUSTON, Nov. 10, 2025 /PRNewswire/ -- Summit Midstream Corporation (NYSE: SMC) ("Summit", "SMC" or the "Company") announced today its financial and operating results for the three months ended September 30, 2025. Highlights Third quarter 2025 net income of $5.0 million, adjusted EBITDA of $65.5 million, cash flow available for distributions ("Distributable Cash Flow" or "DCF") of $36.7 million and free cash flow ("FCF") of $16.7 millionAdjusted EBITDA increased by 7.2% from the second quarter of 2025, driven by higher natural gas volumes in the Rockies segmentConnected 21 we
- Summit Midstream Corporation Schedules Third Quarter 2025 Earnings CallHOUSTON, Oct. 28, 2025 /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 2025 on Monday, November 10, 2025, after the close of trading on the New York Stock Exchange. Third Quarter 2025 Earnings Call Information SMC will host a conference call at 10:00 a.m. Eastern on November 11, 2025, to discuss its quarterly operating and financial results. The call can be accessed via teleconference at: Q3 2025 Summit Midstream Corporation Earnings Conferen
- Summit Midstream Corporation Reports Second Quarter 2025 Financial and Operating ResultsHOUSTON, Aug. 12, 2025 /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, 2025. Highlights Second quarter 2025 net loss of $4.2 million, adjusted EBITDA of $61.1 million, cash flow available for distributions ("Distributable Cash Flow" or "DCF") of $32.4 million and free cash flow ("FCF") of $9.2 millionConnected 47 wells during the second quarter and maintained an active customer base with three drilling rigs, and an additional rig expected in the A
- Summit Midstream Corporation Schedules Second Quarter 2025 Earnings CallHOUSTON, July 31, 2025 /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 2025 on Monday, August 11, 2025, after the close of trading on the New York Stock Exchange. Second Quarter 2025 Earnings Call Information SMC will host a conference call at 10:00 a.m. Eastern on August 12, 2025, to discuss its quarterly operating and financial results. The call can be accessed via teleconference at: Q2 2025 Summit Midstream Corporation Earnings Conference
- Summit Midstream Corporation Reports First Quarter 2025 Financial and Operating ResultsHOUSTON, May 7, 2025 /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, 2025. Highlights First quarter 2025 net income of $4.6 million, adjusted EBITDA of $57.5 million and cash flow available for distributions ("Distributable Cash Flow" or "DCF") of $33.5 millionRaised $250 million of additional 8.625% Senior Secured Second Lien Notes Due 2029 at an issue price of 103.375%Completed the value-accretive bolt on acquisition of Moonrise Midstream in th
- Summit Midstream Corporation Schedules First Quarter 2025 Earnings CallHOUSTON, April 25, 2025 /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 2025 on Thursday, May 8, 2025, before the open of trading on the New York Stock Exchange. First Quarter 2025 Earnings Call SMC will host a conference call at 10:00 a.m. Eastern on May 8, 2025, to discuss its quarterly operating and financial results. The call can be accessed via teleconference at: Q1 2025 Summit Midstream Corporation Earnings Conference Call (https://edge.media-server.com/mmc/p/pbisgsku). Once registration is completed, participants will receive a dial-in number along w
- Summit Midstream Corporation Reports Fourth Quarter and Full-Year 2024 Financial and Operating Results & Provides Full-Year 2025 GuidanceHOUSTON, March 10, 2025 /PRNewswire/ -- Summit Midstream Corporation (NYSE: SMC) ("Summit", "SMC" or the "Company") announced today its financial and operating results for fourth quarter and full-year 2024 and provided full-year 2025 financial guidance. Highlights Fourth quarter 2024 net loss of $24.8 million, adjusted EBITDA of $46.2 million, cash flow available for distributions ("Distributable Cash Flow" or "DCF") of $22.1 million and free cash flow ("FCF") of $6.6 millionReduced total leverage to 3.9x1 at year-end 2024Successfully closed value- and credit-accretive acquisi
- Summit Midstream Corporation Reports Third Quarter 2024 Financial and Operating ResultsHOUSTON, Nov. 12, 2024 /PRNewswire/ -- Summit Midstream Corporation (NYSE:SMC) ("Summit", "SMC" or the "Company") announced today its financial and operating results for the three months ended September 30, 2024. Highlights Third quarter 2024 net loss of $197.5 million, including $142.6 million non-cash income tax expense to primarily establish SMC's deferred tax liability associated with the C-Corp conversionGenerated adjusted EBITDA of $45.2 million, representing approximately 9% quarter-over-quarter growth1, cash flow available for distributions ("Distributable Cash Flow" o
- Summit Midstream Corporation Schedules Third Quarter 2024 Earnings CallHOUSTON, Nov. 4, 2024 /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 2024 on Tuesday, November 12, 2024, before the open of trading on the New York Stock Exchange. Third Quarter 2024 Earnings Call SMC will host a conference call at 10:00 a.m. Eastern on November 12, 2024, to discuss its quarterly operating and financial results. The call can be accessed via teleconference at: Q3 2024 Summit Midstream Corporation Earnings Conference Call (ht
- Summit Midstream Corporation Announces Transformative Acquisition of Tall Oak Midstream III in the Arkoma BasinHOUSTON, Oct. 1, 2024 /PRNewswire/ -- Summit Midstream Corporation (NYSE:SMC) ("Summit", "SMC" or the "Company") announced today that it and its wholly owned subsidiary, Summit Midstream Partners, LP (the "Partnership"), have entered into definitive agreements to acquire Tall Oak Midstream Operating, LLC and its subsidiaries (collectively, "Tall Oak" or "Tall Oak Midstream III") from an affiliate of Tailwater Capital LLC ("Tailwater Capital") for a mix of cash and equity consideration. This strategic acquisition marks a significant milestone in Summit's growth strategy, increasing scale in a credit and value accretive manner.
- Summit Midstream Corporation Reports Second Quarter 2024 Financial and Operating Results of Summit Midstream Partners, LPHOUSTON, Aug. 8, 2024 /PRNewswire/ -- Summit Midstream Corporation (NYSE:SMC) ("Summit", "SMC" or the "Company") announced today the financial and operating results of Summit Midstream Partners, LP ("SMLP"), a wholly-owned subsidiary of the Company, for the three months ended June 30, 2024.1 Highlights Second quarter 2024 net loss of $23.8 million, adjusted EBITDA of $43.1 million, cash flow available for distributions ("Distributable Cash Flow" or "DCF") of $11.7 million and free cash flow ("FCF") of $2.7 millionConnected 34 wells during the second quarter and maintained an a