Summit Midstream Partners (SMC) Set to Announce Earnings on Monday

Summit Midstream Partners (NYSE:SMC – Get Free Report) is expected to be issuing its Q3 2026 results after the market closes on Monday, November 9th. Analysts expect the company to post earnings of $0.1150 per share and revenue of $168.00 million for the quarter. Investors can find conference call details on the company’s upcoming Q3 2026 earnings results page for the latest details on the call scheduled for Tuesday, November 10, 2026 at 10:00 AM ET.

Summit Midstream Partners (NYSE:SMC – Get Free Report) last posted its quarterly earnings results on Monday, August 10th. The company reported $0.11 earnings per share for the quarter, beating the consensus estimate of ($0.36) by $0.47. The company had revenue of $155.01 million during the quarter, compared to analyst estimates of $169.00 million. Summit Midstream Partners had a negative net margin of 0.06% and a negative return on equity of 0.04%. On average, analysts expect Summit Midstream Partners to post $0.40 EPS for the current fiscal year and $1.20 EPS for the next fiscal year.

Summit Midstream Partners Trading Down 0.1%

NYSE:SMC opened at $30.97 on Monday. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 1.45. The stock has a market capitalization of $629.00 million, a PE ratio of -27.90 and a beta of 0.88. The firm’s 50 day moving average is $32.28 and its 200 day moving average is $30.59. Summit Midstream Partners has a 12 month low of $20.80 and a 12 month high of $36.47.

Insider Transactions at Summit Midstream Partners

In other Summit Midstream Partners news, VP James Johnston sold 2,600 shares of the business’s stock in a transaction that occurred on Thursday, October 1st. The shares were sold at an average price of $30.51, for a total value of $79,326.00. Following the completion of the transaction, the vice president owned 72,757 shares of the company’s stock, valued at $2,219,816.07. The trade was a 3.45% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 42.96% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on SMC. TD Cowen boosted their price objective on Summit Midstream Partners from $39.00 to $43.00 and gave the company a “buy” rating in a research note on Wednesday, August 12th. Weiss Ratings upgraded Summit Midstream Partners from a “hold (c-)” rating to a “hold (c)” rating in a research note on Friday, August 21st. Zacks Research upgraded Summit Midstream Partners from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 2nd. Finally, Summit Redstone set a $39.00 target price on Summit Midstream Partners in a report on Monday, August 3rd. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of $43.00.

View Our Latest Stock Analysis on Summit Midstream Partners

About Summit Midstream Partners

(Get Free Report)

Summit Midstream Partners, known as Summit Midstream Corporation following its corporate reorganization, is a midstream energy company that develops, owns and operates infrastructure used to gather and process natural gas, crude oil and produced water. The company primarily provides fee-based services to exploration and production companies, connecting wells to processing plants, pipelines and other downstream markets.

Its assets have historically included natural gas gathering and processing systems, crude oil and produced-water gathering infrastructure, and related pipelines and facilities.

See Also

Earnings History for Summit Midstream Partners (NYSE:SMC)

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