Summit Midstream (SMC) Q2 FY26 earnings call

Summit Midstream delivered strong second-quarter results, driven by increased activity in its Rockies and Mid-Con segments. The company tightened its full-year adjusted EBITDA guidance and raised capital expenditure, primarily for high-returning projects in the Williston and Double E. Management remains focused on achieving its leverage target and reinstating a common dividend, while prioritizing organic growth opportunities over M&A.