Summit Midstream (SMC) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Adjusted EPS
- $0.21
- Estimate
- -$0.35
- Surprise
- +158.2%
- Revenue (period 2026-06-30)
- $155.0M
- Score today
- 5.6/10
Revenue source: xbrl.
How the report landed
Summit Midstream (SMC) beat the -$0.35 estimate with adjusted EPS of $0.21 — a large 158.2% upside surprise.
Where TrendMatrix's rating stands now
TrendMatrix currently rates SMC Sell at 5.6/10; no pre/post engine snapshot brackets this report.
2 of the last 4 quarters beat the estimate; this quarter's +158.2% surprise compares with a -744.8% four-quarter average. Next scheduled report: 2026-11-09.
What argues against it
- Quality below floor (3.2 < 4.0)
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $33.15
- Price target
- $39.52
- Stop
- $30.99
- Upside to target
- +19.2%
- Reward-to-risk
- 1.7:1
Risk check: trading volume is running 2.1× its average — elevated turnover around the report window.
Model outputs from TrendMatrix’s engine as of 2026-10-07 — shown for context, not personalized investment advice.
SMC at TrendMatrix's latest read
Energy results are commodity-price arithmetic first; the operational beat or miss is read net of what the strip already told the market.
- Industry
- Oil & Gas Midstream
- Market cap
- $456.9M
- P/E (fwd)
- -14.1
- 52-week range
- $19.83–$36.47
- Off 52-week high
- 9.1%
- RSI (14)
- 54
- Volume vs avg
- 2.07×
- Score today
- 5.6/10