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Summit Midstream ( (SMC) ) has issued an announcement.
On December 23, 2025, Summit Midstream’s board of directors unanimously appointed Carolyn J. Stone, a 53-year-old finance and accounting professional with extensive public-company governance and audit experience, as an independent Class II director effective March 16, 2026, succeeding Marguerite Woung-Chapman, who will retire at midnight on March 15, 2026. Woung-Chapman has stated she has no disagreements with the company regarding its operations, practices, or policies, and Stone’s appointment—following senior finance and leadership roles at Civeo Corporation, Synagro Technologies, and Dynegy, and underpinned by a CPA and advanced accounting degrees from the University of Texas at Austin—signals a continued emphasis on financial oversight and corporate governance at the board level, with Stone to be compensated under the company’s standard director compensation program.
The most recent analyst rating on (SMC) stock is a Buy with a $47.00 price target. To see the full list of analyst forecasts on Summit Midstream stock, see the SMC Stock Forecast page.
Spark’s Take on SMC Stock
According to Spark, TipRanks’ AI Analyst, SMC is a Neutral.
Summit Midstream’s overall stock score reflects a mixed financial performance with positive revenue growth but significant profitability and leverage challenges. Technical indicators suggest bullish momentum, but valuation concerns persist due to a negative P/E ratio. The absence of a dividend yield further impacts the valuation score.
To see Spark’s full report on SMC stock, click here.
More about Summit Midstream
Average Trading Volume: 64,894
Technical Sentiment Signal: Hold
Current Market Cap: $503.3M
See more data about SMC stock on TipRanks’ Stock Analysis page.