SMC at a glance
Summit Midstream Corp (SMC, SEC CIK 2024218) filed its latest 10-K annual report on March 16, 2026, a 10-Q quarterly report on August 10, 2026, an 8-K current report on August 10, 2026 and Form 4 insider filings as recently as October 2, 2026. SignalX summarizes each filing with AI and tracks the company's insider trades and institutional holders.
- For the fiscal year ended December 31, 2025 (FY2025), Summit Midstream Corp (SMC) reported revenue of $562.1 million (up 30.8% from FY2024) and a net loss of $5.9 million. Diluted EPS was -$1.61.
- As of June 30, 2026, 19 institutional investment managers tracked by SignalX reported holding Summit Midstream Corp (SMC) shares worth $83.0 million in 13F-HR filings.
- The most recent insider open-market sale reported on Form 4 was by Johnston James David on October 1, 2026 of 2,600 shares at $30.51 per share.
- In the last 90 days, SMC insiders reported 0 open-market purchases ($0) and 1 open-market sale ($79K) on Form 4, a net sale of $79K.
Source: SEC EDGAR (XBRL financial data, 13F-HR and Form 4 filings).
- Revenue · FY2025
- $562.1M
- +30.8% vs prior year
- Insiders · 90 days
- 0 buys · 1 sell
- Net −$79K
- 13F holders
- 19 funds
- $83.0M · −1 vs prior quarter
- Latest 8-K
- Aug 10, 2026
- Item 2.02
AI 10-Q Quarterly Report Analysis
Latest 10-Q, quarter ended Jun 30, 2026
Management Discussion & Analysis
- Six-month operating cash flow $50.8M vs $53.2M YoY
- Cash balance increased $12.1M vs $0.3M YoY
- Capital expenditures $44.3M, including $7.9M maintenance; Double E contributions $6.5M
- $440.0M Permian refinancing; $143.2M preferred-unit redemption and $51.3M preferred distributions
- Outlook: liquidity adequate for next twelve months; risks include commodity markets, financing access, and customer nonperformance
Risk Factors
- New financial risk: $35.0 million share repurchase authorization may diminish cash, cash equivalents, and marketable securities
- New market risk: Repurchases could increase common-stock volatility, with 34,624 shares bought at $29.12 in June 2026
- New compliance risk: Repurchases depend on compliance with debt covenants and federal and state securities laws
- New shareholder-value risk: Program may be suspended or terminated anytime and may not enhance long-term stockholder value
AI summary of the SMC 10-Q filed . Generated from the filing text; verify against the original.View on SEC EDGAR10-K vs 10-Q vs 8-K
AI 8-K Current Report Analysis
The most recent material events, by 8-K item
Item 2.02: Results of Operations and Financial Condition
- Results announcement covers the three months ended June 30, 2026
- Press release furnished as Exhibit 99.1 contains Summit Midstream’s operating and financial results
Item 7.01: Regulation FD Disclosure
- Commercial execution update centered on Double E Pipeline and Williston Basin crude gathering systems
- Double E exposure supports Permian Basin growth and infrastructure utilization
Item 7.01: Regulation FD Disclosure
- Inaugural repurchase program authorizes up to $35.0 million of common-stock buybacks
- Potentially supports per-share value and signals management’s confidence in Summit Midstream’s valuation
AI summaries of SMC 8-K current reports filed with the SEC. What 8-K item codes mean
SignalX for SMC
Don't miss the next SMC filing
- Alerts as it files. A push when SMC files an 8-K or an insider trades.
- Fund moves. Which tracked funds opened, added or cut SMC, by share count.
- Ask anything. An AI agent that reads every SMC filing and answers with sources.
Recent Insider Transactions (Form 4)
Latest reported trades by officers, directors and 10% owners
| Insider | Type | Date | Shares | Price |
|---|---|---|---|---|
| Johnston James David | Sell | Oct 1, 2026 | 2,600 | $30.51 |
| Johnston James David | Sell | Jul 2, 2026 | 2,600 | $29.72 |
| PETERS JERRY L | Sell | May 19, 2026 | 10,000 | $32.00 |
| PETERS JERRY L | G | Apr 20, 2026 | 3,733 | - |
| PETERS JERRY L | G | Apr 20, 2026 | 3,733 | - |
| Connect Midstream, LLC | Buy | Mar 31, 2026 | 1,220,918 | $31.08 |
| Sicinski Matthew B. | A | Mar 16, 2026 | 5,692 | - |
| Deneke J Heath | A | Mar 16, 2026 | 59,807 | - |
Financial SummaryXBRL
| Metric | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Profitability | |||
| Revenue | $458.9M | $429.6M | $562.1M |
| Net Income | -$51.5M | -$122.2M | -$5.9M |
| Net Margin | -11.2% | -28.4% | -1.1% |
| Balance Sheet | |||
| Total Assets | $2.5B | $2.4B | $2.4B |
| Equity | $718.6M | $467.8M | $546.2M |
| ROE | -7.2% | -26.1% | -1.1% |
| Per Share | |||
| EPS | - | $-12.78 | $-1.61 |
| Cash Flow | |||
| Operating CF | $126.9M | $61.8M | $133.6M |
| CapEx | $68.9M | $53.6M | $89.0M |
Source: XBRL data in Summit Midstream Corp (SMC)'s 10-K filings on SEC EDGAR, in USD. Compare across companies →
13F Fund Holdings: Quarterly Trend
Latest: Q2 2026Aggregate SMC share value held by 13F filers tracked by SignalX, by quarter.
Quarterly totals table
| Quarter | Funds | Total value |
|---|---|---|
| Q2 2026 | 19 | $83.0M |
| Q1 2026 | 20 | $86.4M |
| Q4 2025 | 15 | $74.4M |
| Q3 2025 | 15 | $57.4M |
| Q2 2025 | 15 | $71.5M |
| Q1 2025 | 11 | $83.4M |
| Q4 2024 | 7 | $59.5M |
| Q3 2024 | 6 | $37.8M |
- Citadel Advisors LLC+54.7K (+592%)
- Franklin Resources+19.4K (+91%)
- Vanguard Portfolio Management LLC+10.1K (+20%)
- BlackRock+9.2K (+1%)
- JPMorgan Chase & Co+6.1K (+27%)
- Bank of America Corp−35.9K (-23%)
- Morgan Stanley−15.5K (-16%)
- Invesco Ltd−1.9K (-0%)
- Raymond James Financial−127 (-1%)
- Millennium Management+17.9K
- Renaissance Technologies LLC−22.5K
- Goldman Sachs Group−13.6K
Source: 13F-HR filings on SEC EDGAR (aggregated from 108 fund-quarter rows). Reflects only 13F filers tracked by SignalX, not the full institutional ownership universe. How 13F filings work
SMC filing archive
AI analysis pages for each 10-K, 10-Q and 8-K
10-Q quarterly reports
Latest 2026 SEC Filings: 10-K, 10-Q, 8-K & Form 4
| Form | Filing date | Period | Analysis | SEC |
|---|---|---|---|---|
| 4 | Oct 2, 2026 | - | - | - |
| 8-K | Aug 10, 2026 | - | Analysis | - |
| 10-Q | Aug 10, 2026 | Jun 30, 2026 | Analysis | |
| 4 | Jul 6, 2026 | - | - | - |
| 8-K | Jun 10, 2026 | - | Analysis | |
| 8-K | Jun 1, 2026 | - | Analysis | |
| 4 | May 21, 2026 | - | - | |
| 8-K | May 12, 2026 | - | Analysis | |
| 10-Q | May 11, 2026 | Mar 31, 2026 | Analysis | |
| 8-K | May 11, 2026 | - | Analysis | |
| 4 | Apr 21, 2026 | - | - | - |
| 4 | Apr 13, 2026 | - | - | - |
| 8-K | Apr 2, 2026 | - | Analysis | - |
| 4 | Mar 18, 2026 | - | - | - |
| 4 | Mar 18, 2026 | - | - | - |
| 4 | Mar 18, 2026 | - | - | - |
| 4 | Mar 18, 2026 | - | - | - |
| 4 | Mar 18, 2026 | - | - | - |
| 4 | Mar 18, 2026 | - | - | - |
| 4 | Mar 17, 2026 | - | - | - |
| 4 | Mar 17, 2026 | - | - | - |
| 4 | Mar 17, 2026 | - | - | - |
| 8-K | Mar 16, 2026 | - | Analysis | - |
| 10-K | Mar 16, 2026 | Dec 31, 2025 | - | |
| 4 | Jan 21, 2026 | - | - |
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SMC SEC filings: frequently asked questions
Are SMC insiders buying or selling?
In the last 90 days, Summit Midstream Corp (SMC) officers, directors and 10% owners reported no open-market purchases and 1 open-market sale worth $79,326 by 1 insider on Form 4. Many insider sales are pre-planned or for taxes, so purchases usually carry more information.
Which institutions hold SMC stock?
As of June 30, 2026, the largest Summit Midstream Corp (SMC) holders among the 13F filers tracked by SignalX were Invesco Ltd ($27.6 million), BlackRock ($18.8 million), Vanguard Capital Management LLC ($14.6 million), State Street Corp ($5.3 million), Bank of America Corp ($3.4 million). 13F-HR reports are filed up to 45 days after each quarter ends.
What was SMC's revenue in fiscal year 2025?
For the fiscal year ended December 31, 2025 (FY2025), Summit Midstream Corp (SMC) reported revenue of $562.1 million (up 30.8% from FY2024) and a net loss of $5.9 million. Diluted EPS was -$1.61. The figures come from the XBRL data in the 10-K.
What did SMC report in its latest 8-K?
Summit Midstream Corp (SMC) filed an 8-K on August 10, 2026 reporting Item 2.02 (Results of Operations and Financial Condition). Results announcement covers the three months ended June 30, 2026.
What are the latest SMC SEC filings?
Summit Midstream Corp (SMC) filed its latest 10-K annual report on March 16, 2026, a 10-Q quarterly report on August 10, 2026, an 8-K current report on August 10, 2026 and a Form 4 insider filing on October 2, 2026.
What is SMC's SEC CIK number?
Summit Midstream Corp (SMC)'s SEC Central Index Key (CIK) is 2024218. EDGAR lists every SMC filing under that number.
Ask anything about SMC
The research agent reads SMC's filings, financials, insider trades and 13F holders, then answers with sources.