News Digest / Ticker: SMC

Ticker: SMC

05:07pm, Monday, Aug 11, 2025

Summit Midstream grows revenue and EBITDA, but common shareholders face losses amid heavy 2029 debt

Summit Midstream Corporation (NYSE: SMC) - quick take Inside the company: management is consolidating growth from the Tall Oak (Dec 2, 2024) and Moonrise (Mar 10, 2025) transactions, resumed dividends on Series A preferred stock, refinanced and issued additional secured notes, and continues to in...