Summit Midstream Partners (SMC) Expected to Announce Quarterly Earnings on Monday

Summit Midstream Partners (NYSE:SMC – Get Free Report) will likely be posting its Q3 2026 results after the market closes on Monday, November 9th. Analysts expect Summit Midstream Partners to announce earnings of $0.1150 per share and revenue of $168.00 million for the quarter. Interested persons can check the company’s upcoming Q3 2026 earnings results page for the latest details on the call scheduled for Tuesday, November 10, 2026 at 10:00 AM ET.

Summit Midstream Partners (NYSE:SMC – Get Free Report) last posted its quarterly earnings results on Monday, August 10th. The company reported $0.11 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.36) by $0.47. Summit Midstream Partners had a negative net margin of 0.06% and a negative return on equity of 0.04%. The firm had revenue of $155.01 million for the quarter, compared to analyst estimates of $169.00 million. On average, analysts expect Summit Midstream Partners to post $0.40 EPS for the current fiscal year and $1.20 EPS for the next fiscal year.

Summit Midstream Partners Stock Performance

Shares of NYSE SMC opened at $30.97 on Monday. The company has a market capitalization of $629.00 million, a P/E ratio of -27.90 and a beta of 0.88. The stock has a 50 day moving average of $32.28 and a 200-day moving average of $30.59. Summit Midstream Partners has a 12 month low of $20.80 and a 12 month high of $36.47. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 1.45.

Wall Street Analyst Weigh In

Several research firms recently weighed in on SMC. TD Cowen lifted their price target on Summit Midstream Partners from $39.00 to $43.00 and gave the stock a “buy” rating in a report on Wednesday, August 12th. Summit Redstone set a $39.00 price target on shares of Summit Midstream Partners in a research report on Monday, August 3rd. Zacks Research upgraded shares of Summit Midstream Partners from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 2nd. Finally, Weiss Ratings upgraded shares of Summit Midstream Partners from a “hold (c-)” rating to a “hold (c)” rating in a research report on Friday, August 21st. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, Summit Midstream Partners presently has an average rating of “Buy” and a consensus target price of $43.00.

Check Out Our Latest Stock Report on Summit Midstream Partners

Insider Transactions at Summit Midstream Partners

In related news, VP James Johnston sold 2,600 shares of the stock in a transaction that occurred on Thursday, October 1st. The shares were sold at an average price of $30.51, for a total value of $79,326.00. Following the completion of the transaction, the vice president owned 72,757 shares of the company’s stock, valued at $2,219,816.07. This represents a 3.45% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 42.96% of the stock is currently owned by corporate insiders.

About Summit Midstream Partners

(Get Free Report)

Summit Midstream Partners, known as Summit Midstream Corporation following its corporate reorganization, is a midstream energy company that develops, owns and operates infrastructure used to gather and process natural gas, crude oil and produced water. The company primarily provides fee-based services to exploration and production companies, connecting wells to processing plants, pipelines and other downstream markets.

Its assets have historically included natural gas gathering and processing systems, crude oil and produced-water gathering infrastructure, and related pipelines and facilities.

See Also

Earnings History for Summit Midstream Partners (NYSE:SMC)

Receive News & Ratings for Summit Midstream Partners Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Summit Midstream Partners and related companies with MarketBeat.com's FREE daily email newsletter.