Aug. 12 at 2:54 PM
Noble Capital Markets Research Report: Summit Midstream Corp (
$SMC) – Second Quarter Results Exceed Expectations
Second Quarter FY 2026 Financial Results. Summit Midstream generated
$155.0 million of revenue, up 10.6% from the prior year quarter, and reported net income attributable to Summit Midstream Corp. of
$1.6 million, or
$0.11 per share, compared with a net loss of
$8.0 million, or $(0.66) per share, during the prior year period. Adj. EBITDA amounted to
$60.7 million compared to
$61.1 million during the prior year period, as stronger Rockies and Permian performance was offset by weaker Mid-Con and Piceance segment results.
Read full report here: https://www.channelchek.com/news-channel/summit-midstream-corp-smc-second-quarter-results-exceed-expectations
