Latest Summit Midstream News & Updates

See the latest news and media coverage for Summit Midstream. We track all announcements, press releases, and industry mentions in real time, all in one place.

Summit Midstream

Midstream energy infrastructure company

summitmidstream.com

Headquarters: Houston, United States
Founded year: 2009
Company type: Public company
Number of employees: 250–500
Industry: Oil & Gas Transportation Services

Last updated Today

Latest news about Summit Midstream

In short: Summit Midstream reached a final investment decision for the Double E pipeline expansion and reported strong Q2 2026 results.

Company announcements

August 31 Summit Midstream

Summit Midstream secures final investment decision for pipeline expansion

The 70 percent owned joint venture secured a new long-term shipping agreement and $100 million in committed financing for the Q4 2028 project completion.

August 10 Summit Midstream

Summit Midstream reports Q2 2026 financial and operating results

Net income reached $4.6 million and Adjusted EBITDA $60.7 million in Q2. The company also launched a $35 million share buyback and tightened 2026 EBITDA guidance to $235-$255 million.

June 8 Summit Midstream

Summit Midstream secures new commitments and extends open season

The company added 150 MMcf/d in firm transport agreements and signed a crude gathering deal for 40,000 acres in the Williston Basin.

June 1 Summit Midstream

Summit Midstream announces $35 million stock repurchase program

The Board authorized repurchases of up to $35 million of common stock, reflecting confidence in financial strength.

Media coverage

August 30 Financial Times

Summit Midstream Corporation Announces Final Investment Decision on Double E Pipeline Mainline Compression Expansion

Double E is owned by subsidiaries of Summit Midstream Corporation (NYSE: SMC) and ExxonMobil (NYSE: XOM) with an ownership interest of 70% and 30%, respectively...

August 21 Investing.com

Fitch upgrades Summit Midstream rating on financial strength By Investing.com

Summit is expected to generate run-rate EBITDA of $200 million-$250 million, excluding Double E, consistent with midstream issuers in the ’B’ category. The company is...

August 12 GuruFocus

SMC Maintains Buy Rating by TD Cowen -- Price Target Raised to $

Summit Midstream Corp: Analyst Rating Update On October 3, 2023, TD Cowen maintained a Buy rating on...

August 11 Seeking Alpha

Summit Midstream keeps common dividend suspended, declares Series A preferred payout

Summit Midstream (SMC) suspends common dividends, pays Series A preferred dividend, and expands shar...

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