EL7.AI
StocksMedium•9 November 2026•
1 min read

Summit Midstream Reports $15.9M Q3 Net Income and Raises 2026 Guidance

Key Facts

1Summit Midstream reported Q3 net income of $15.9 million and Adjusted EBITDA of $70.7 million, a 16% increase from Q2.
2The company raised its 2026 Adjusted EBITDA guidance range to $250 million - $260 million from the previous $235 million - $255 million.
3Double E pipeline throughput reached a record 1,002 MMcf/d, representing a 17% increase relative to the second quarter of 2026.

Summit Midstream reported Q3 2026 net income of $15.9 million and Adjusted EBITDA of $70.7 million. According to a company statement via PR Newswire, Adjusted EBITDA increased 16% from the second quarter, supported by strong producer activity and a 32% rise in Rockies Segment Adjusted EBITDA due to higher liquids volumes.

The company raised its full-year 2026 Adjusted EBITDA guidance to a range of $250 million to $260 million, up from its previous forecast of $235 million to $255 million. Shares of SMC closed at $27.13 on November 6, 2026, having traded between a low of $26.13 and a high of $27.53 during that session.

Open on chart