Yahoo · Sep 1, 2026
Summit Midstream makes FID on Double E Pipeline mainline expansion
Double E is a 135-mile pipeline transporting natural gas from the Delaware Basin to delivery points near the Waha Hub in Texas.
SM
NYSE · SMC
Summit Midstream Corp.
Energy · Oil & Gas Midstream
$33.73
Down-$1.04 (-3.08%)
Updated Sep 16, 2026, 9:17 PM
SID Score
4.6/10
Composite research score
Smart Money
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Institutional and insider signal
- Market cap
- 333.49M
- P/E ratio
- -22.44
- Dividend yield
- 0.00%
- 52-week range
- $26.13 – $36.47
- Volume
- 103.29K
- Avg. volume
- 67.33K
Price performance
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Stock researchCompany · Overview
SMC research
Overview
Company profile and research snapshot.
Company profile
Summit Midstream Corp is a value-driven corporation focused on developing, owning and operating midstream energy infrastructure assets strategically located in unconventional resource basins, shale formations, in the continental U.S. It currently operates natural gas, crude oil and produced water gathering systems in four unconventional resource basins: the Williston Basin in North Dakota, which includes the Bakken and Three Forks shale formations; the Denver-Julesburg Basin, which includes the Niobrara and Codell shale formations in Colorado and Wyoming; the Fort Worth Basin in Texas, which includes the Barnett Shale formation; and the Piceance Basin in Colorado, which includes the liquids-rich Mesaverde formation as well as the emerging Mancos and Niobrara Shale formations.
Visit company websiteAnalyst outlook
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- Average target
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- Analysts
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| Date | Firm | Rating | Target |
|---|---|---|---|
| Aug 12, 2026 | TD Cowen | Buy | — |
| Aug 4, 2026 | TD Cowen | Buy | — |
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Yahoo · Aug 31, 2026
Summit Midstream Corporation Announces Final Investment Decision on Double E Pipeline Mainline Compression Expansion
Summit Midstream Corporation (NYSE: SMC) ("Summit", "SMC" or the "Company") announced today that Double E Pipeline, LLC ("Double E") has concluded a successful open season and reached a final investment decision on its previously announced mainline compression expansion project, supported by a new long-term firm transportation agreement with an investment-grade shipper.
Benzinga · Aug 31, 2026
Summit Midstream Reaches Final Investment Decision On Mainline Compression Expansion, With Expected In-Service Date In Q4 Of 2028
Summit Midstream Corporation (NYSE:SMC) ("Summit", "SMC" or the "Company") announced today that Double E Pipeline, LLC ("Double E") has concluded a successful open season and reached a
SeekingAlpha · Aug 29, 2026
Summit Midstream: Strong Buy Potential From Improving Leverage And EBITDA Growth
Summit Midstream (SMC) stock rated Strong Buy: turnaround, deleveraging & EBITDA growth. Read here for a detailed investment analysis.
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