Jun 2026 (Q2 FY26) — Aug 11, 2026
Summit Midstream Q2 FY26 — Strong Q2, Tightened Guidance, and Accelerated Activity
Read the full callSummit Midstream (SMC) earnings
- Jun 2026
- Jun 2026 (Q2 FY26)
- Dec 2025
Summit Midstream earnings: last reported Tue, 11 Aug 2026, for the quarter ended Jun 2026.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 155 | +10.6% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | Operating profit / revenue | Quarter to Jun 2026 | Not in the filed figures for the quarter to jun 2026. No older figure is substituted. | ||
| Net profit | 1.6 | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. The year-earlier figure was zero or a loss, so no percentage is shown. |
Price
$29.98 −0.96% · −$0.29
Performance +48.0% 1Y
1Y: $20.26 on 14 Oct 2025 → $29.98. High $34.96 (14 Aug 2026), low $20.03 (17 Oct 2025).
- Previous close
- $30.27
- 52-week range
- $20.03 – $34.96
- One year
- +43.31%
Overview
- Symbol
- SMC
- Sector
- Energy
- Exchange
- US
- Currency
- USD
Call summaries
Every analysed call
Summit Midstream earnings calls (SMC)
Financials
What the filings say
Net profit, year on year: +120% (quarter to jun 2026 against jun 2025).
| Line item | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 102 | 107 | 133 | 140 | 147 | 142 | 139 | 155 |
| Expenses | 91 | 113 | 118 | 126 | 122 | 124 | 123 | 130 |
| Interest | 26 | 20 | 23 | 24 | 24 | 24 | 25 | 27 |
| Profit before tax | -55 | -20 | 5 | -5 | 6 | -8 | -4 | 6 |
| Tax rate | −259.4% | −22.5% | 6.0% | 15.1% | 9.7% | 7.4% | 24.0% | 19.0% |
| Net profit | -205 | — | -2 | -8 | -2 | 6 | -5 | 2 |
| EPS ($ per share) | -19.25 | — | -0.16 | -0.66 | -0.13 | — | -0.43 | 0.12 |
| Line item | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|
| Reserves | 0 | -183 | -203 |
| Total liabilities | 1,651 | 1,261 | 1,300 |
| Fixed assets | 1,699 | 1,785 | 1,844 |
| Total assets | 2,494 | 2,359 | 2,388 |
| Line item | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|
| Cash from operations | 127 | 62 | 134 |
| Cash from investing | -75 | 487 | -163 |
| Cash from financing | -49 | -540 | 24 |
| Net cash flow | 3 | 9 | -6 |
| Capital expenditure | -69 | -54 | -89 |
| Free cash flow | 58 | 8 | 45 |
Insider filings
44 filings between Jan 16, 2026 and Oct 1, 2026.
Open market
decisions to buy or sellPurchases
$37.95M
1 purchase by 1 insider
Sales
$476.6K
3 sales by 2 insiders
67% filed under a 10b5-1 plan — scheduled in advance, not decided on the day
Compensation
not trading decisions- 6
- Award — granted as compensation
- 16
- Option exercise — converted options into shares
- 16
- Tax withheld — shares kept back by the company to cover tax
Also filed: 2 gifts.
Who traded
open market only| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| Connect Midstream, LLC | $37.95M | — | Mar 31, 2026 |
| PETERS JERRY L | — | $320.0K | May 19, 2026 |
| Johnston James David | — | $156.6K | Oct 1, 2026 |
Latest filings (50)
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Oct 1, 2026 | Johnston James David Executive VP, GC, CCO and Secy | Sale 10b5-1 plan | 2,600 | $79.3K |
| Jul 2, 2026 | Johnston James David Executive VP, GC, CCO and Secy | Sale 10b5-1 plan | 2,600 | $77.3K |
| May 19, 2026 | PETERS JERRY L Director | Sale | 10,000 | $320.0K |
| Apr 20, 2026 | PETERS JERRY L Director | Gift | 3,733 | $0 |
| Apr 20, 2026 | PETERS JERRY L Director | Gift | 3,733 | $0 |
| Mar 31, 2026 | Connect Midstream, LLC 10% owner | Purchase | 1,220,918 | $37.95M |
| Mar 16, 2026 | CLEARY JAMES J Director | Award | 3,733 | $0 |
| Mar 16, 2026 | Stone Carolyn J Director | Award | 3,733 | $0 |
| Mar 16, 2026 | PETERS JERRY L Director | Award | 3,733 | $0 |
| Mar 16, 2026 | Oates Rommel Director | Award | 3,733 | $0 |
| Mar 16, 2026 | Jacobe James Lee Director | Award | 3,733 | $0 |
| Mar 16, 2026 | McNally Robert Joseph Director | Award | 3,733 | $0 |
| Mar 13, 2026 | Deneke J Heath Chairman, President and CEO | Tax withheld | 6,247 | $189.2K |
| Mar 13, 2026 | Mault William J. Executive VP and CFO | Option exercise | 8,542 | — |
| Mar 13, 2026 | Deneke J Heath Chairman, President and CEO | Option exercise | 15,875 | — |
| Mar 13, 2026 | Mault William J. Executive VP and CFO | Option exercise | 4,793 | — |
| Mar 13, 2026 | Deneke J Heath Chairman, President and CEO | Tax withheld | 22,239 | $673.6K |
| Mar 13, 2026 | Mault William J. Executive VP and CFO | Tax withheld | 6,502 | $196.9K |
| Mar 13, 2026 | Mault William J. Executive VP and CFO | Option exercise | 16,522 | — |
| Mar 13, 2026 | Johnston James David Executive VP, GC, CCO and Secy | Option exercise | 9,793 | — |
| Mar 13, 2026 | Johnston James David Executive VP, GC, CCO and Secy | Tax withheld | 1,831 | $55.5K |
| Mar 13, 2026 | Johnston James David Executive VP, GC, CCO and Secy | Option exercise | 4,653 | — |
| Mar 13, 2026 | Deneke J Heath Chairman, President and CEO | Option exercise | 30,015 | — |
| Mar 13, 2026 | Deneke J Heath Chairman, President and CEO | Option exercise | 58,049 | — |
| Mar 13, 2026 | Deneke J Heath Chairman, President and CEO | Tax withheld | 11,811 | $357.8K |
| Mar 13, 2026 | Mault William J. Executive VP and CFO | Tax withheld | 1,887 | $57.2K |
| Mar 13, 2026 | Johnston James David Executive VP, GC, CCO and Secy | Tax withheld | 3,854 | $116.7K |
| Mar 13, 2026 | Mault William J. Executive VP and CFO | Tax withheld | 3,362 | $101.8K |
| Mar 13, 2026 | Sicinski Matthew B. Senior VP and CAO | Option exercise | 6,139 | — |
| Mar 13, 2026 | Sicinski Matthew B. Senior VP and CAO | Tax withheld | 1,525 | $46.2K |
| Mar 13, 2026 | Sicinski Matthew B. Senior VP and CAO | Tax withheld | 773 | $23.4K |
| Mar 13, 2026 | Sicinski Matthew B. Senior VP and CAO | Option exercise | 3,174 | — |
| Mar 13, 2026 | Sicinski Matthew B. Senior VP and CAO | Tax withheld | 368 | $11.1K |
| Mar 13, 2026 | Sicinski Matthew B. Senior VP and CAO | Option exercise | 1,511 | — |
| Mar 13, 2026 | Johnston James David Executive VP, GC, CCO and Secy | Tax withheld | 7,468 | $226.2K |
| Mar 13, 2026 | Johnston James David Executive VP, GC, CCO and Secy | Option exercise | 18,977 | — |
| Jan 16, 2026 | Sicinski Matthew B. Senior VP and CAO | Tax withheld | 1,066 | $28.6K |
| Jan 16, 2026 | Johnston James David Executive VP, GC, CCO and Secy | Option exercise | 10,794 | — |
| Jan 16, 2026 | Mault William J. Executive VP and CFO | Tax withheld | 2,757 | $73.9K |
| Jan 16, 2026 | Sicinski Matthew B. Senior VP and CAO | Option exercise | 3,593 | — |
| Jan 16, 2026 | Johnston James David Executive VP, GC, CCO and Secy | Tax withheld | 2,923 | $78.4K |
| Jan 16, 2026 | Mault William J. Executive VP and CFO | Option exercise | 10,121 | — |
| Jan 16, 2026 | Deneke J Heath Chairman, President and CEO | Tax withheld | 8,216 | $220.3K |
| Jan 16, 2026 | Deneke J Heath Chairman, President and CEO | Option exercise | 32,754 | — |
| Aug 28, 2025 | Connect Midstream, LLC 10% owner | Purchase | 26,319 | $549.8K |
| Aug 27, 2025 | Connect Midstream, LLC 10% owner | Purchase | 47,401 | $971.7K |
| Aug 26, 2025 | Connect Midstream, LLC 10% owner | Purchase | 72,759 | $1.49M |
| Apr 24, 2025 | PETERS JERRY L Director | Gift | 3,062 | $0 |
| Mar 28, 2025 | Deneke J Heath Chairman, President and CEO | Sale 10b5-1 plan | 950 | $32.9K |
| Mar 28, 2025 | Deneke J Heath Chairman, President and CEO | Sale 10b5-1 plan | 50 | $1.8K |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
Your own record
Start an Inve Case for Summit Midstream Corp
Free account. Everything above stays public.
Write why you follow Summit Midstream Corp and the condition you want checked. Inve compares your numeric conditions with available results and management guidance; your own conditions remain yours to review.
Keep reading