Ticker

Smc (SMCAY) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Summit Midstream Corporation is rated Strong Buy, driven by a multi-year turnaround, deleveraging, and organic EBITDA growth. SMC targets 40% EBITDA growth by 2030, underpinned by Double E pipeline expansion and blue-chip customer contracts. Balance sheet restructuring and asset sales have positioned SMC for dividend reinstatement upon reaching a 3.5x leverage ratio.

Smc Corporation (OTCMKTS:SMCAY - Get Free Report) gapped up before the market opened on Monday after the company announced better than expected quarterly earnings. The stock had previously closed at $23.70, but opened at $24.78. SMC shares last traded at $24.68, with a volume of 7,126 shares trading hands. The company reported $0.33 earnings per

HOUSTON, July 30, 2026 /PRNewswire/ -- Summit Midstream Corporation (NYSE: SMC) ("Summit", "SMC" or the "Company") announced today that it will report operating and financial results for the second quarter of 2026 on Monday, August 10, 2026, after the close of trading on the New York Stock Exchange. Second Quarter 2026 Earnings Call SMC will host a conference call at 10:00 a.m.

Summit Midstream Corp is positioned for strong returns, leveraging its Double E pipeline expansion and balance sheet improvements. SMC expects to nearly double EBITDA by 2029E, driven by new Double E commitments and minimal capex, with potential $100 million EBITDA growth by 2030. Despite a $1.23 billion debt load, SMC's double-digit FCF yield and focus on debt reduction and capex moderation support a positive…