Summit Midstream Holds 2025 Annual Stockholders Meeting

Summit Midstream ( (SMC) ) just unveiled an announcement.

On April 9, 2025, Summit Operating Services Company, LLC, an affiliate of Summit Midstream Corporation, amended compensation terms for executives J. Heath Deneke, James D. Johnston, and William J. Mault, effective March 28, 2025. These updates include adjustments to their annual base salaries, target annual bonuses, and long-term incentive plan targets. Additionally, on May 8, 2025, Summit Midstream held its 2025 Annual Meeting of Stockholders, where stockholders voted on four proposals, including the election of directors and the ratification of Deloitte & Touche LLP as the independent registered public accounting firm. The stockholders also approved an advisory resolution on executive compensation.

Spark’s Take on SMC Stock

According to Spark, TipRanks’ AI Analyst, SMC is a Neutral.

Summit Midstream’s stock score reflects a balance between operational improvements and ongoing challenges. Strong liquidity and strategic acquisitions provide a solid foundation, but fluctuating revenues and negative profit margins weigh on the financial outlook. Technical analysis suggests downward momentum, and valuation metrics are unfavorable due to lack of profitability. The predominantly positive earnings call sentiment boosts the overall score.

To see Spark’s full report on SMC stock, click here.

More about Summit Midstream

Summit Midstream Corporation operates in the energy industry, focusing on providing natural gas, crude oil, and produced water gathering, processing, and transportation services. The company primarily serves producers in unconventional resource basins in North America.

Average Trading Volume: 110,274

Technical Sentiment Signal: Sell

Current Market Cap: $518.1M

Learn more about SMC stock on TipRanks’ Stock Analysis page.