Summit Midstream CORP
Market Movers (8-K)
NYSE
Summit Midstream Corporation secures new long-term commitments for its Double E Pipeline and expands its Williston Basin footprint.
Better than expected
NYSE
Summit Midstream Corporation has authorized an inaugural stock repurchase program of up to $35 million, signaling confidence in its financial strength and strategic progress.
NYSE
Summit Midstream Corporation convened its 2026 Annual Meeting of Stockholders, where directors were elected, an independent auditor was ratified, and executive compensation was approved.
NYSE
Summit Midstream Corporation announced its first quarter 2026 financial and operating results, reporting a net loss of $3.2 million but highlighting progress on debt reduction and new capacity agreements.
Capital raise
NYSE
Summit Midstream Corporation announced a $42 million private placement of common stock with an affiliate of Tailwater Capital, strengthening its balance sheet for growth initiatives and debt reduction.
Capital raise
NYSE
Summit Midstream Corporation announced strong fourth quarter and full-year 2025 financial results, highlighted by strategic contract wins, a significant Double E Pipeline refinancing, and positive 2026 guidance.
Better than expected
Capital raise
Quarterly Earnings (10-Q)
NYSE
Summit Midstream Corporation reported a Q1 2026 net loss of $5.3 million, a wider loss than the previous year, despite a 4.4% increase in total revenues.
Capital raise
Worse than expected
NYSE
Summit Midstream Corporation reports significant revenue growth in Q3 2025, driven by recent acquisitions and increased throughput, alongside a strengthened capital structure.
Capital raise
Better than expected
NYSE
Summit Midstream Corporation reported increased revenues and segment adjusted EBITDA for the first half of 2025, driven by strategic acquisitions, despite a net loss attributable to common stockholders.
Capital raise
NYSE
Summit Midstream Corporation reports its financial results for the quarter ended March 31, 2025, and announces the completion of the Moonrise Acquisition.
Worse than expected
Capital raise
NYSE
10-Q: Summit Midstream Corporation Reports Third Quarter 2024 Results Following Corporate Reorganization
Summit Midstream Corporation reports a net loss of $197.5 million for the third quarter of 2024, impacted by a corporate reorganization and strategic divestitures.
Worse than expected
Capital raise
Annual Reports (10-K)
NYSE
Summit Midstream Corporation reported a significantly reduced net loss for 2025, driven by strategic acquisitions, debt refinancing, and expanded Permian operations, while resuming preferred stock dividends.
Capital raise
Better than expected
NYSE
Summit Midstream Corporation's 10-K filing details the company's financial performance for 2024, highlighting strategic transactions including the Tall Oak acquisition and debt reduction efforts.
Worse than expected
Insider Trading (Form 4)
NYSE
Summit Midstream Corp. reports that Executive VP, GC, CCO and Secretary James David Johnston sold 2,600 shares of common stock on July 2, 2026, as part of a pre-arranged 10b5-1 trading plan.
NYSE
Summit Midstream Corporation Director Jerry L. Peters reported the sale of 10,000 shares of common stock at $32 per share.
NYSE
Director Jerry L. Peters transferred 3,733 shares of Summit Midstream Corp common stock to a joint spousal trust.
NYSE
SEC Form 4 filing details changes in beneficial ownership for Summit Midstream Corp, primarily involving Connect Midstream, LLC and related entities.
NYSE
Summit Midstream Corp Director Jerry L. Peters acquired 3,733 shares of common stock, increasing his direct beneficial ownership.
NYSE
Summit Midstream Director Rommel Oates acquired 3,733 shares of common stock, increasing his direct beneficial ownership to 26,170 shares.
Proxy Statements (Def-14A)
NYSE
Summit Midstream Corporation has issued its proxy statement for the 2026 Annual Meeting of Stockholders, detailing proposals for director elections, auditor ratification, executive compensation, and an amendment to its long-term incentive plan.
NYSE
Summit Midstream Corporation invites stockholders to its virtual Annual Meeting on May 8, 2025, highlighting the company's strategic review, asset sales, debt reduction, corporate reorganization, and the Tall Oak acquisition.
NYSE
Summit Midstream Corporation has issued a correction to the access link for its upcoming virtual special meeting of stockholders on November 29, 2024.
NYSE
Summit Midstream Corporation released supplemental information to its proxy statement regarding a proposed transaction with Tall Oak Midstream Holdings, addressing concerns raised by shareholders and clarifying details of the deal.
NYSE
Summit Midstream Corporation announced its Q3 2024 financial results, highlighted by a net loss of $197.5 million, adjusted EBITDA of $45.2 million, and the transformative acquisition of Tall Oak Midstream III.
NYSE
Summit Midstream Corporation is holding a special meeting on November 29, 2024, to vote on a proposal to issue shares related to the Tall Oak Midstream Holdings acquisition.
Schedule 13D - Activist Investments
NYSE
Connect Midstream, LLC, along with affiliated entities, has increased its beneficial ownership in Summit Midstream Corp to 39.1%, following a securities purchase agreement.
Capital raise
NYSE
Connect Midstream and its affiliates, including Tailwater Capital, have increased their beneficial ownership in Summit Midstream Corp to 35.5% through recent open market purchases.
NYSE
Connect Midstream, along with affiliated entities, has increased its beneficial ownership in Summit Midstream Corp to 35.4% through recent open market purchases.
Schedule 13G - Passive Investments
NYSE
BlackRock, Inc. has disclosed a beneficial ownership of 4.9% in Summit Midstream Corp's common stock as of March 31, 2026.
NYSE
He Zhengxu has filed an amended Schedule 13G, disclosing beneficial ownership of 8.1% of Summit Midstream Corp's common stock as of December 31, 2025.
NYSE
BlackRock, Inc. has filed a Schedule 13G, reporting a 5.0% beneficial ownership stake in Summit Midstream Corp's common stock as of June 30, 2025.
NYSE
SCHEDULE 13G/A: Tall Oak Midstream Investments Discloses 3.87% Passive Stake in Summit Midstream Corp
Tall Oak Midstream Investments, LLC has filed an amended Schedule 13G, reporting a passive beneficial ownership of 3.87% in Summit Midstream Corp, totaling 473,273 shares.
NYSE
SCHEDULE 13G/A: Invesco Ltd. Discloses 7.8% Stake in Summit Midstream Corp
Invesco Ltd. has filed an amended Schedule 13G, revealing a beneficial ownership of 7.8% in Summit Midstream Corp's common stock as of March 31, 2025.
NYSE
The Vanguard Group has filed a Schedule 13G, reporting a 5.61% passive beneficial ownership stake in Summit Midstream Corp as of March 31, 2025.