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Summit Midstream Q2 Loss Narrows Y/Y, Revenues Climb, Stock Falls
ZACKS· 2025-08-18 16:56
Shares of Summit Midstream Corporation (SMC) have lost 14.6% since reporting second-quarter 2025 results, sharply underperforming the S&P 500 index’s 1% growth. Over the past month, the stock has fallen 18.4% against a 2.5% rally for the broader market, highlighting investor concerns about the company’s near-term performance despite ongoing strategic initiatives.Revenue & Earnings PerformanceSummit Midstream posted second-quarter revenues of $140.2 million, up 38% from $101.3 million in the year-ago period, ...