revenue $155.0M, net income $1.6M. Summit Midstream refinances Permian debt, redeems preferred units, launches buyback

Filed August 10, 2026 · Period ending June 30, 2026 · Compared to 10-Q Aug 11, 2025 · ~2 min read

Key Changes

• high

  Board authorized share repurchase program in June 2026; repurchased 34,624 shares for through quarter-end, leaving available. First disclosed buyback program signals capital allocation shift toward shareholder returns.

  Notes: Share Repurchase Program verify on EDGAR →
• high

  Double E executed 250 MMcf/d of new firm transportation agreements during 2026 open season and received affirmative FID on previously announced 230 MMcf/d agreement; total contracted firm capacity increased to ~1.9 Bcf/d. Compression expansion project targets 2.4 Bcf/d capacity by end of 2028.

  MD&A: Double E Expansion verify on EDGAR →
• high

  Revenue rose 10.6% YoY to $155.0M in Q2 FY26. Rockies segment adjusted EBITDA up 20% on new well connections and Moonrise throughput; Mid-Con down 14% on lower gas/condensate sales; Piceance down 17% on 19% volume decline from natural declines and producer shut-ins.

  MD&A: Segment Performance verify on EDGAR →