Summit Midstream Q2 Profit Rises; EBITDA Guidance Lifted and Dividends Suspended
Summit Midstream reported Q2 2026 net income of $4.6 million and a 12% rise in adjusted EBITDA to $60.7 million, supported by increased customer activity and new well connections. The company raised its 2026 adjusted EBITDA guidance to $235–$255 million, boosted capex to $100–$120 million, launched a $35 million stock repurchase, and suspended common stock dividends for the quarter.