SMC news

Summit Midstream reported a 12% year-over-year increase in Adjusted EBITDA for the second quarter of 2026 and raised its 2026 capital expenditure guidance to reflect additional high-returning projects.

Summit Midstream announced 250 MMcf/d of new long-term transportation agreements for its Double E Pipeline compression expansion in the Permian Basin, with an open season extended through June 30, 2026. The company expects to reach final investment decision by end of summer and secured a new crude g…

Summit Midstream's board approved its first-ever share buyback program for up to $35 million of common stock, executable at management's discretion. The authorization reflects improved financial flexibility following Series A Preferred Stock arrears repayment and strengthening free cash flow generat…