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.
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Midstream energy infrastructure company
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In short: Summit Midstream greenlit the Double E expansion and posted strong Q2 2026 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.
The Board authorized repurchases of up to $35 million of common stock, reflecting confidence in financial strength.
Net loss of $3.2 million, adjusted EBITDA of $54.2 million, and cash flow available for distributions of $26.9 million.
The private placement of over 1.3 million shares will strengthen the balance sheet and fund growth initiatives.
HOUSTON, Aug. 10, 2026 /PRNewswire/ -- Summit Midstream Corporation (NYSE: SMC) ("Summit", "SMC" or...
Heath Deneke, President, Chief Executive Officer and Chairman, commented, "We are pleased with the commercial and financial progress achieved over the past two quarters, which...
HOUSTON - Summit Midstream Corporation (NYSE: NYSE:SMC), a key player in midstream energy infrastructure, announced its acquisition of Tall Oak Midstream Operating, LLC and its...
Summit Midstream Corp. and its wholly owned subsidiary, Summit Midstream Partners LP, agreed to acquire Tall Oak Midstream Operating LLC and its subsidiaries from an...
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