Summit Midstream Partners (SMC) Projected to Release Quarterly Earnings on Monday

Summit Midstream Partners (NYSE:SMC) is expected to post its Q2 2026 results before the market opens on Monday, August 10th. Analysts expect Summit Midstream Partners to post earnings of ($0.37) per share and revenue of $144.40 million for the quarter. Interested persons may review the information on the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Tuesday, August 11, 2026 at 10:00 AM ET.

Summit Midstream Partners (NYSE:SMC) last posted its earnings results on Monday, May 11th. The company reported ($0.43) earnings per share for the quarter, beating the consensus estimate of ($0.49) by $0.06. The firm had revenue of $139.14 million during the quarter, compared to the consensus estimate of $139.88 million. Summit Midstream Partners had a negative net margin of 1.09% and a negative return on equity of 0.73%. On average, analysts expect Summit Midstream Partners to post $-1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Summit Midstream Partners Stock Up 0.0%

Shares of NYSE SMC opened at $30.84 on Monday. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 1.59. The business’s 50 day moving average is $29.65 and its two-hundred day moving average is $29.69. Summit Midstream Partners has a 52-week low of $19.13 and a 52-week high of $33.50. The firm has a market cap of $627.15 million, a price-to-earnings ratio of -16.40 and a beta of 0.74.

Summit Midstream Partners announced that its Board of Directors has authorized a share buyback plan on Monday, June 1st that permits the company to repurchase $35.00 million in shares. This repurchase authorization permits the company to purchase up to 6.5% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company’s management believes its stock is undervalued.

Wall Street Analyst Weigh In

Separately, Weiss Ratings upgraded Summit Midstream Partners from a “sell (d-)” rating to a “hold (c-)” rating in a report on Wednesday, May 13th. One equities research analyst has rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $47.00.

Insider Activity at Summit Midstream Partners

In other Summit Midstream Partners news, Director Jerry L. Peters sold 10,000 shares of the stock in a transaction that occurred on Tuesday, May 19th. The shares were sold at an average price of $32.00, for a total transaction of $320,000.00. Following the sale, the director directly owned 16,979 shares in the company, valued at $543,328. This represents a 37.07% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, VP James David Johnston sold 2,600 shares of the stock in a transaction that occurred on Thursday, July 2nd. The stock was sold at an average price of $29.72, for a total transaction of $77,272.00. Following the sale, the vice president owned 75,357 shares in the company, valued at approximately $2,239,610.04. This trade represents a 3.34% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 42.96% of the company’s stock.

Institutional Trading of Summit Midstream Partners

A number of large investors have recently modified their holdings of the stock. Millennium Management LLC lifted its holdings in Summit Midstream Partners by 320.2% during the 1st quarter. Millennium Management LLC now owns 204,265 shares of the company’s stock worth $6,923,000 after buying an additional 155,655 shares during the last quarter. Geode Capital Management LLC boosted its position in shares of Summit Midstream Partners by 138.5% during the 2nd quarter. Geode Capital Management LLC now owns 231,443 shares of the company’s stock worth $5,678,000 after acquiring an additional 134,388 shares in the last quarter. Charles Schwab Investment Management Inc. increased its holdings in shares of Summit Midstream Partners by 36.5% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 200,926 shares of the company’s stock valued at $5,361,000 after acquiring an additional 53,733 shares during the last quarter. Algert Global LLC purchased a new position in Summit Midstream Partners in the third quarter valued at approximately $938,000. Finally, Jane Street Group LLC increased its stake in Summit Midstream Partners by 243.0% in the first quarter. Jane Street Group LLC now owns 34,862 shares of the company’s stock valued at $1,181,000 after purchasing an additional 24,699 shares during the last quarter. Hedge funds and other institutional investors own 42.97% of the company’s stock.

About Summit Midstream Partners

Summit Midstream Partners is a publicly traded master limited partnership that provides gathering, compression, processing and transportation services for natural gas, natural gas liquids (NGLs) and crude oil in key U.S. onshore basins. The company’s assets include a network of intrastate and interstate pipelines, processing plants, fractionators and storage facilities designed to serve producers, marketers and end users throughout the Appalachian, Gulf Coast, Mid-Continent and Western Canadian Sedimentary basins.

In the Appalachian region, Summit operates extensive gathering lines and multiple gas-processing complexes connected to the Mountaineer NGL Hub, one of the largest fractionation and storage hubs in the Mid-Atlantic.