Summit Midstream Partners LP Aktie News

Summit Midstream Corporation has declined nearly 50% this year, facing persistent underutilization despite strong natural gas demand. SMC is actively reorienting its portfolio to position for long-term success, addressing operational and financial challenges. Patience remains essential, as the company works through shortfalls and aims to unlock value for investors.

Summit Midstream has undergone a significant reorganization. SMC's natural gas exposure positions it well for future demand growth. Recent acquisitions and divestitures are expected to drive positive earnings and EBITDA growth.

Summit Midstream Corporation (NYSE:SMC) Q2 2025 Earnings Conference Call August 12, 2025 10:00 AM ET

HOUSTON , Aug. 12, 2025 /PRNewswire/ -- Summit Midstream Corporation (NYSE: SMC) ("Summit", "SMC" or the  "Company") announced today its financial and operating results for the three months ended June 30, 2025. Highlights Second quarter 2025 net loss of $4.2 million, adjusted EBITDA of $61.1 million, cash flow available for distributions ("Distributable Cash Flow" or "DCF") of $32.4 million and...

HOUSTON , July 31, 2025 /PRNewswire/ -- Summit Midstream Corporation (NYSE: SMC) ("Summit", "SMC" or the "Company") announced today that it will report operating and financial results for the second quarter of 2025 on Monday, August 11, 2025, after the close of trading on the New York Stock Exchange. Second Quarter 2025 Earnings Call Information SMC will host a conference call at 10:00 a.m.

HOUSTON , July 9, 2025 /PRNewswire/ -- Summit Midstream Corporation (NYSE: SMC) ("Summit", "SMC" or the "Corporation") announced today that its 2024 Schedule K-3 packages for Summit Midstream Partners, LP are now available online. Common unitholders requiring this information may access their Schedule K-3 at https://partnerdatalink.com/Summit.

Summit Midstream Corporation has managed its heavy debt load well, but weak oil and gas prices challenge its growth and utilization rates. The company generates strong free cash flow and is focused on reducing debt to 3.5x EBITDA, aiming for a market re-rating. Low asset utilization, especially in the Rockies and Piceance segments, and high interest expenses remain significant risks.

Summit Midstream Corporation, Inc. (NYSE:SMC ) Q1 2025 Earnings Conference Call May 8, 2025 10:00 AM ET Company Participants Randall Burton - Director of Finance, Treasurer & IR Heath Deneke - President, CEO & Chairman Bill Mault - EVP & CFO Conference Call Participants Operator Thank you for standing by. My name is Lee, and I will be your conference operator today.