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AI brief of an SEC Form 8-K · Summit Midstream Corp (SMC)

Summit Midstream Q3 net income rises to $15.9 million; 2026 EBITDA guidance raised

Positive Impact 4 of 5 guidance

Summit Midstream reported third quarter 2026 net income of $15.9 million, compared with $5.0 million a year earlier, and raised its full-year 2026 Adjusted EBITDA guidance to $250 million to $260 million from $235 million to $255 million. Common stock dividends remain suspended, and the company's total net leverage ratio was approximately 3.9x as of September 30, 2026.

Key points

  • Q3 2026 net income $15.9 million vs. $5.0 million in Q3 2025; diluted EPS $0.58 vs. a loss of $0.13
  • Total revenues $183.0 million vs. $146.9 million a year earlier; Adjusted EBITDA $70.7 million vs. $65.5 million
  • 2026 Adjusted EBITDA guidance raised to $250 million to $260 million from $235 million to $255 million
  • Common stock dividends remain suspended; Series A Preferred dividend payable to holders of record on December 1, 2026

The filing

CompanySummit Midstream Corp (SMC)
Form8-K, current report
Filed with the SECNov 9, 2026, 4:57 PM ET
Accession number0002024218-26-000095

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 5:16 PM ET, from this filing only.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.