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

Summit Midstream Partners (NYSE:SMC) is expected to be posting its Q1 2026 results after the market closes on Monday, May 11th. Analysts expect Summit Midstream Partners to post earnings of ($0.49) per share and revenue of $139.8770 million for the quarter. Parties are encouraged to explore the company’s upcoming Q1 2026 earning overview page for the latest details on the call scheduled for Tuesday, May 12, 2026 at 10:00 AM ET.

Summit Midstream Partners (NYSE:SMC) last announced its quarterly earnings results on Monday, March 16th. The company reported ($0.66) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.30 by ($0.96). The company had revenue of $142.29 million during the quarter, compared to analysts’ expectations of $150.07 million. On average, analysts expect Summit Midstream Partners to post $-1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Summit Midstream Partners Stock Down 1.1%

Summit Midstream Partners stock traded down $0.37 during mid-day trading on Monday, hitting $31.84. The company had a trading volume of 20,103 shares, compared to its average volume of 60,135. Summit Midstream Partners has a 1 year low of $19.13 and a 1 year high of $33.50. The business has a fifty day moving average of $30.24 and a 200 day moving average of $27.26. The stock has a market cap of $603.91 million, a price-to-earnings ratio of -8.78 and a beta of 0.83.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Summit Midstream Partners in a report on Friday, March 27th. One research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Summit Midstream Partners presently has a consensus rating of “Hold” and a consensus target price of $47.00.

Institutional Investors Weigh In On Summit Midstream Partners

Large investors have recently modified their holdings of the company. Algert Global LLC purchased a new position in shares of Summit Midstream Partners during the third quarter worth approximately $938,000. Cetera Investment Advisers raised its position in Summit Midstream Partners by 115.0% in the 4th quarter. Cetera Investment Advisers now owns 27,693 shares of the company’s stock valued at $739,000 after purchasing an additional 14,810 shares during the last quarter. Nuveen LLC raised its position in Summit Midstream Partners by 3.1% in the 4th quarter. Nuveen LLC now owns 21,498 shares of the company’s stock valued at $574,000 after purchasing an additional 656 shares during the last quarter. Barclays PLC boosted its stake in Summit Midstream Partners by 27.4% during the 4th quarter. Barclays PLC now owns 20,955 shares of the company’s stock worth $559,000 after purchasing an additional 4,508 shares during the period. Finally, BNP Paribas Financial Markets grew its position in Summit Midstream Partners by 608.6% during the 2nd quarter. BNP Paribas Financial Markets now owns 22,342 shares of the company’s stock worth $548,000 after purchasing an additional 19,189 shares during the last quarter. 42.97% of the stock is owned by institutional investors and hedge funds.

About Summit Midstream Partners

Summit Midstream Partners is a publicly traded master limited partnership that provides gathering, compression, processing and transportation services for natural gas, natural gas liquids (NGLs) and crude oil in key U.S. onshore basins. The company’s assets include a network of intrastate and interstate pipelines, processing plants, fractionators and storage facilities designed to serve producers, marketers and end users throughout the Appalachian, Gulf Coast, Mid-Continent and Western Canadian Sedimentary basins.

In the Appalachian region, Summit operates extensive gathering lines and multiple gas-processing complexes connected to the Mountaineer NGL Hub, one of the largest fractionation and storage hubs in the Mid-Atlantic.