Every 8-K that Summit Midstream Corporation (SMC) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow SMC and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full SMC filings page.
Summit Midstream Corporation reported second quarter 2026 net income of $4.6 million, compared with a net loss a year earlier, on total revenues of $155.0 million. Adjusted EBITDA was $60.7 million, a 12% increase versus the first quarter of 2026, with Distributable Cash Flow of $36.8 million and Free Cash Flow of $9.4 million.
Average daily natural gas throughput on wholly owned systems rose to 899 MMcf/d and liquids volumes to 68 Mbbl/d, while Double E Pipeline averaged 859 MMcf/d and contributed $9.4 million of Adjusted EBITDA. Segment Adjusted EBITDA was $30.4 million in Rockies, $21.4 million in Mid-Con, $8.7 million in Piceance, and $9.4 million in Permian.
Capital expenditures were $25.0 million in the quarter, and full-year 2026 capex guidance increased to $100–$120 million to fund additional growth projects. The company established a $35 million stock repurchase program and bought 34,624 shares for about $1.0 million, with $34.0 million remaining. As of June 30, 2026, Summit held $21.0 million of cash, had $79 million drawn on its $500 million ABL revolver with $418 million of availability, and reported a total leverage ratio of approximately 4.1x.
Summit Midstream Corporation filed a current report describing strong commercial momentum on two key growth platforms: the Double E natural gas pipeline in the Permian and its crude oil gathering systems in the Williston Basin.
For Double E, the company has executed three new long-term firm transportation agreements totaling 250 MMcf/d during a binding open season and entered into a firm option agreement for an additional 200 MMcf/d. With these commitments and an affirmative FID notice tied to a prior 230 MMcf/d agreement, Double E’s total contracted firm capacity has risen to about 1.9 Bcf/d. The planned Compression Expansion would increase pipeline capacity by roughly 50%, from about 1.6 Bcf/d to about 2.4 Bcf/d, with a targeted in-service date at the end of 2028.
In the Williston Basin, Summit signed a new crude oil gathering agreement in Divide County, North Dakota, covering a 40,000-acre area of dedication and supporting 15 new four-mile lateral well connects expected by year-end 2026. Management notes that, over the past six months, dedicated crude gathering acreage has expanded by more than 240,000 acres as development activity migrates toward the company’s existing footprint.
Summit Midstream Corporation announced that its Board of Directors has authorized an inaugural stock repurchase program to buy back up to $35 million of its outstanding common stock. This gives the company flexibility to return capital to shareholders when it views the share price as attractive.
Management highlighted that all arrears on the Series A Preferred Stock have been repaid and that improving free cash flow and financial flexibility support the decision. Repurchases may be made in the open market or through privately negotiated and block transactions, including under a Rule 10b5-1 trading plan, and can be started, paused, or discontinued at management’s discretion with no fixed end date.
Summit Midstream Corporation held its 2026 annual meeting of stockholders on May 7, 2026, where investors voted on five proposals. Holders of common and Class B common stock voted together on most items, while Class B stockholders voted separately on one director seat.
Stockholders elected three Class II directors and one Class II Class B director to serve until the 2029 annual meeting. They also ratified Deloitte & Touche LLP as independent registered public accounting firm for the year ending December 31, 2026, approved an advisory resolution on executive compensation, and approved Amendment No. 1 to the Summit Midstream Corporation 2024 Long-Term Incentive Plan.
Summit Midstream Corporation reported a small loss for the first quarter of 2026 but kept its full-year outlook intact. The company posted a net loss of $3.2 million, compared with net income of $4.6 million a year earlier, as operating costs and interest expense offset modest revenue growth.
Adjusted EBITDA was $54.2 million, down from $57.5 million, with Distributable Cash Flow of $26.9 million and Free Cash Flow of $11.4 million. Natural gas throughput on wholly owned systems slipped to 870 MMcf/d and liquids volumes to 64 Mbbl/d, while the Double E Pipeline averaged 805 MMcf/d and contributed $8.7 million of Adjusted EBITDA.
The company highlighted a new 100 MMcf/d, 10‑year firm capacity agreement on Double E and reiterated 2026 Adjusted EBITDA guidance of $225 million to $265 million. Liquidity remained solid with $43.4 million of cash and $381 million of ABL borrowing availability, and Summit was in compliance with leverage and interest coverage covenants. Summit repaid all $45–46.3 million of accrued Series A preferred dividends and completed a $42 million private placement of common stock, but the board continued to suspend the common dividend.
Summit Midstream Corporation completed a $42,000,000 private placement of 1,351,351 common shares to Tall Oak Midstream Holdings, an affiliate of Tailwater Capital, at $31.08 per share. The shares were issued at New York Stock Exchange “Minimum Price,” carry a 6‑month lockup, and were sold under a Securities Purchase Agreement unanimously approved by the Board’s independent Audit Committee.
The company plans to use the proceeds to reduce borrowings under its asset-based lending credit facility and to fund organic growth projects and other general corporate purposes. Following the transaction, Tailwater and its affiliates beneficially own approximately 39% of Summit’s outstanding equity, up from about 35%, and the new shares are covered by existing registration rights for potential future resale.
Summit Midstream Corporation reported a fourth quarter 2025 net loss of $7.3 million but generated Adjusted EBITDA of $58.5 million, Distributable Cash Flow of $33.7 million and Free Cash Flow of $17.0 million. For full-year 2025, Adjusted EBITDA was $242.6 million, up from $204.6 million.
The company highlighted strong Permian growth, expecting its 70% interest in Double E Pipeline Segment Adjusted EBITDA to rise from $34 million in 2025 to about $60 million in 2029, backed by several new 10+ year take-or-pay contracts. It also executed a $440 million Double E refinancing, including an $85 million distribution to repay approximately $45 million of accrued Series A Preferred dividends and about $40 million of ABL borrowings, reducing its total leverage ratio from 4.1x to 3.9x.
For 2026, Summit guided to Adjusted EBITDA of $225 million to $265 million and capital expenditures of $50 million to $70 million, excluding $35 million of Double E capex. The outlook assumes 116 to 126 well connections, natural gas throughput of 875 to 920 MMcf/d and liquids volumes of 65 to 90 Mbbl/d.
Summit Midstream Corporation reported that its board unanimously appointed Carolyn J. Stone as an independent Class II director, effective March 16, 2026. She will fill the board seat currently held by Marguerite Woung-Chapman, who will retire as of midnight on March 15, 2026. Ms. Woung-Chapman stated she has no disagreement with the company on its operations, practices, or policies, and there is no issue related to her retirement that needs to be brought to shareholders’ attention.
The company highlighted Ms. Stone’s extensive background in financial, accounting, and audit matters, as well as public-company governance and reporting. Her prior roles include serving as Senior Vice President, Chief Financial Officer, and Treasurer of Civeo Corporation, along with earlier executive and accounting leadership positions. She is a Certified Public Accountant and will receive compensation under Summit Midstream’s standard director compensation program.
Summit Midstream Corporation (NYSE: SMC) furnished a Form 8-K to announce it issued a press release with results for the three months ended September 30, 2025. The press release is included as Exhibit 99.1.
The company states the information under Item 2.02 is being furnished, not filed, under the Exchange Act.
Summit Midstream Corporation filed a current report to state that it released a press release with its results of operations for the three months ended June 30, 2025. The press release, dated August 12, 2025, is provided as Exhibit 99.1 and covers the company’s financial condition and performance for that quarter.
The company notes that this earnings information is being furnished, not filed, which means it is not automatically incorporated into other regulatory documents. The report is signed on behalf of Summit Midstream by its Senior Vice President and Chief Accounting Officer, Matthew B. Sicinski.