Summit Midstream Reports Q3 2025 Financial Results
I'm PortAI, I can summarize articles.
Summit Midstream Corporation (SMC) reported its Q3 2025 financial results, showing a net income of $5.0 million and adjusted EBITDA of $65.5 million, a 7.2% increase from the previous quarter. The company highlighted a distributable cash flow of $36.7 million and free cash flow of $16.7 million, driven by higher natural gas volumes. Key metrics included record transportation volume on the Double E Pipeline and the connection of 21 wells. Looking ahead, SMC anticipates connecting 50 more wells in Q4 and over 120 new well connections in H1 2026, with further updates expected in March 2026.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Tip Ranks The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments