SMCNYSENatural Gas TransmissionFiscal year ends December 31
Summit Midstream Corp
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 10, 2026
$30.23−0.47 (-1.53%)
Close on Oct 19, 2026
- Market cap
- $424.58M
- P/E (TTM)
- –
- Dividend yield
- –
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
27.8%
6M of 20M shares
Institutional holders
75
12 new, 10 sold out
Net institutional buying
0M
In Q2 2026
Insider trades, 12 months
1 buys · 2 sales
Net bought $37.55M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| Invesco Ltd. | 957,026 | 7.80% | 13G (passive) amendment | Mar 31, 2025 |
| Edward Herring | 7,891,864 | 39.10% | 13D (active) amendment | Mar 31, 2026 |
| Tailwater Energy Fund III LP | 6,670,946 | 35.50% | 13D (active) amendment | Aug 28, 2025 |
| Jason H. Downie | 6,644,627 | 35.40% | 13D (active) amendment | Aug 26, 2025 |
| He Zhengxu | – | – | 13G (passive) amendment | Dec 31, 2025 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of SMC | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| Invesco Ltd. | 967,503 | 4.76% | $27.55M | −1,896 | 0.00% |
| Deltroit Asset Management (UK) LLP | 815,000 | 4.01% | $23.21M | +107,944 | 3.34% |
| BlackRock, Inc. | 658,624 | 3.24% | $18.76M | +9,233 | 0.00% |
| Vanguard Capital Management LLC | 511,424 | 2.52% | $14.57M | +5,253 | 0.00% |
| Eagle Global Advisors LLC | 263,086 | 1.30% | $7.49M | +36,288 | 0.25% |
| Geode Capital Management, LLC | 247,637 | 1.22% | $7.05M | +14,615 | 0.00% |
| State Street Corp | 184,546 | 0.91% | $5.26M | +5,939 | 0.00% |
| Flat Footed LLC | 158,517 | 0.78% | $4.51M | +34,239 | 0.35% |
| American Century Companies Inc | 155,119 | 0.76% | $4.42M | +32,698 | 0.00% |
| Charles Schwab Investment Management Inc | 122,853 | 0.60% | $3.50M | −51,472 | 0.00% |
| Bridgeway Capital Management, LLC | 119,553 | 0.59% | $3.40M | +1,757 | 0.06% |
| Bank Of America Corp /De/ | 118,636 | 0.58% | $3.38M | −35,904 | 0.00% |
| Empowered Funds, LLC | 91,553 | 0.45% | $2.61M | +1,757 | 0.01% |
| Liberty Mutual Group Asset Management Inc. | 84,840 | 0.42% | $2.42M | – | 0.21% |
| Morgan Stanley | 80,761 | 0.40% | $2.30M | −15,483 | 0.00% |
| Northern Trust Corp | 75,675 | 0.37% | $2.16M | +5,384 | 0.00% |
| Vanguard Fiduciary Trust Co | 68,641 | 0.34% | $1.95M | −2,766 | 0.00% |
| Citadel Advisors LLC | 63,910 | 0.31% | $1.82M | +54,677 | 0.00% |
| Vanguard Portfolio Management LLC | 59,760 | 0.29% | $1.70M | +10,100 | 0.00% |
| Farallon Capital Management LLC | 58,214 | 0.29% | $1.66M | – | 0.01% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 75 | 6M | 27.8% | 12 / 29 | 18 / 10 | 1M | 0M |
| Q1 2026 | 73 | 5M | 26.9% | 15 / 21 | 26 / 6 | 1M | 1M |
| Q4 2025 | 65 | 6M | 28.5% | 11 / 23 | 19 / 10 | 1M | 0M |
| Q3 2025 | 64 | 5M | 23.2% | 11 / 22 | 19 / 9 | 0M | 0M |
| Q2 2025 | 62 | 5M | 23.0% | 22 / 18 | 14 / 21 | 1M | 1M |
| Q1 2025 | 61 | 4M | 22.0% | 10 / 27 | 16 / 7 | 1M | 1M |
| Q4 2024 | 59 | 4M | 19.3% | 28 / 12 | 9 / 3 | 1M | 1M |
| Q3 2024 | 34 | 4M | 18.0% | 34 / 0 | 0 / 0 | 4M | 0M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of SMC | Value | % of fund | As of |
|---|---|---|---|---|---|
| Invesco SteelPath MLP Income Fund | 738,629 | 3.64% | $19.68M | 0.44% | May 31, 2026 |
| Vanguard Total Stock Market Index Fund | 379,197 | 1.87% | $10.80M | 0.00% | Jun 30, 2026 |
| Invesco SteelPath MLP Select 40 Fund | 214,723 | 1.06% | $5.72M | 0.25% | May 31, 2026 |
| iShares Russell 2000 ETF | 210,824 | 1.04% | $6.00M | 0.01% | Jun 30, 2026 |
| Avantis U.S. Small Cap Value ETF | 130,007 | 0.64% | $3.46M | 0.01% | May 31, 2026 |
| Vanguard Extended Market Index Fund | 120,876 | 0.60% | $3.44M | 0.00% | Jun 30, 2026 |
| Schwab Fundamental U.S. Small Company ETF | 105,088 | 0.52% | $2.80M | 0.03% | May 31, 2026 |
| Eagle Energy Infrastructure Fund | 96,560 | 0.48% | $2.98M | 1.10% | Jul 31, 2026 |
| Fidelity Small Cap Index Fund | 94,699 | 0.47% | $2.92M | 0.01% | Jul 31, 2026 |
| EA Bridgeway Omni Small-Cap Value ETF | 91,553 | 0.45% | $2.61M | 0.11% | Jun 30, 2026 |
| iShares Russell 2000 Value ETF | 74,237 | 0.37% | $2.11M | 0.01% | Jun 30, 2026 |
| Fidelity Extended Market Index Fund | 54,857 | 0.27% | $1.46M | 0.00% | May 31, 2026 |
| Vanguard Russell 2000 Index Fund | 44,520 | 0.22% | $1.19M | 0.01% | May 31, 2026 |
| iShares Micro-Cap ETF | 29,801 | 0.15% | $848.73K | 0.06% | Jun 30, 2026 |
| Omni Small-Cap Value Fund | 28,000 | 0.14% | $797.44K | 0.06% | Jun 30, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| James David Johnston | Executive VP, GC, CCO and Secy | 75,357 | 0.37% | Jul 6, 2026 |
| J. Heath Deneke | Chairman, President and CEO | 342,393 | 1.69% | Mar 17, 2026 |
| Matthew B. Sicinski | Senior VP and CAO | 39,505 | 0.19% | Mar 17, 2026 |
| William J. Mault | Executive VP and CFO | 87,110 | 0.43% | Mar 17, 2026 |
| Jerry L. Peters | Director | 16,979 | 0.08% | May 21, 2026 |
| Edward Herring | Director, 10% owner | 1,367,397 | 6.73% | Apr 13, 2026 |
| Jason H. Downie | Director, 10% owner | – | – | Apr 13, 2026 |
| James J. Cleary | Director | 37,004 | 0.18% | Mar 18, 2026 |
| Carolyn J. Stone | Director | 3,733 | 0.02% | Mar 18, 2026 |
| Rommel Oates | Director | 26,170 | 0.13% | Mar 18, 2026 |
| James Lee Jacobe | Director | 45,686 | 0.22% | Mar 18, 2026 |
| Robert Joseph McNally | Director | 37,004 | 0.18% | Mar 18, 2026 |
| Rommel M. Oates | Director | 22,437 | 0.11% | Mar 18, 2025 |
| Marguerite Woung-Chapman | Director | 33,271 | 0.16% | Mar 18, 2025 |
| Stephen Martin Lipscomb Jr | Director | – | – | Dec 12, 2024 |
| Andrew Arthur Winston | Director | – | – | Dec 12, 2024 |
| Connect Midstream, LLC | 10% owner | 6,524,467 | 32.13% | Apr 13, 2026 |
| Capital LLC Tailwater | 10% owner | 146,479 | 0.72% | Apr 13, 2026 |
| Energy Fund III LP Tailwater | 10% owner | – | – | Apr 13, 2026 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| James David Johnston Executive VP, GC, CCO and Secy | Jul 2, 2026 | Sale(10b5-1 plan) | −2,600 | $29.72 | $77.27K | 75,357 |
| Jerry L. Peters Director | May 19, 2026 | Sale | −10,000 | $32.00 | $320.00K | 16,979 |
| Jerry L. Peters Director | Apr 20, 2026 | Gift | +3,733 | – | – | 26,979 |
| Jerry L. Peters Director | Apr 20, 2026 | Gift | −3,733 | – | – | 0 |
| Edward Herring Director, 10% owner | Mar 31, 2026 | Buy | +1,220,918 | $31.08 | $37.95M | 1,367,397 |
| Carolyn J. Stone Director | Mar 16, 2026 | Award | +3,733 | – | – | 3,733 |
| Rommel Oates Director | Mar 16, 2026 | Award | +3,733 | – | – | 26,170 |
| James J. Cleary Director | Mar 16, 2026 | Award | +3,733 | – | – | 37,004 |
| Robert Joseph McNally Director | Mar 16, 2026 | Award | +3,733 | – | – | 37,004 |
| Jerry L. Peters Director | Mar 16, 2026 | Award | +3,733 | – | – | 3,733 |
| James Lee Jacobe Director | Mar 16, 2026 | Award | +3,733 | – | – | 45,686 |
| William J. Mault Executive VP and CFO | Mar 13, 2026 | Option exercise | +16,522 | – | – | 87,110 |
| William J. Mault Executive VP and CFO | Mar 13, 2026 | Tax withholding | −3,362 | $30.29 | $101.83K | 88,694 |
| William J. Mault Executive VP and CFO | Mar 13, 2026 | Tax withholding | −6,502 | $30.29 | $196.95K | 80,608 |
| William J. Mault Executive VP and CFO | Mar 13, 2026 | Option exercise | +4,793 | – | – | 85,401 |
| William J. Mault Executive VP and CFO | Mar 13, 2026 | Tax withholding | −1,887 | $30.29 | $57.16K | 83,514 |
| William J. Mault Executive VP and CFO | Mar 13, 2026 | Option exercise | +8,542 | – | – | 92,056 |
| James David Johnston Executive VP, GC, CCO and Secy | Mar 13, 2026 | Tax withholding | −1,831 | $30.29 | $55.46K | 72,018 |
| James David Johnston Executive VP, GC, CCO and Secy | Mar 13, 2026 | Option exercise | +18,977 | – | – | 76,664 |
| James David Johnston Executive VP, GC, CCO and Secy | Mar 13, 2026 | Tax withholding | −3,854 | $30.29 | $116.74K | 77,957 |
| James David Johnston Executive VP, GC, CCO and Secy | Mar 13, 2026 | Option exercise | +9,793 | – | – | 81,811 |
| James David Johnston Executive VP, GC, CCO and Secy | Mar 13, 2026 | Option exercise | +4,653 | – | – | 73,849 |
| James David Johnston Executive VP, GC, CCO and Secy | Mar 13, 2026 | Tax withholding | −7,468 | $30.29 | $226.21K | 69,196 |
| Matthew B. Sicinski Senior VP and CAO | Mar 13, 2026 | Tax withholding | −773 | $30.29 | $23.41K | 39,505 |
| Matthew B. Sicinski Senior VP and CAO | Mar 13, 2026 | Option exercise | +3,174 | – | – | 40,278 |
| Matthew B. Sicinski Senior VP and CAO | Mar 13, 2026 | Tax withholding | −368 | $30.29 | $11.15K | 37,104 |
| Matthew B. Sicinski Senior VP and CAO | Mar 13, 2026 | Option exercise | +1,511 | – | – | 37,472 |
| Matthew B. Sicinski Senior VP and CAO | Mar 13, 2026 | Tax withholding | −1,525 | $30.29 | $46.19K | 35,961 |
| Matthew B. Sicinski Senior VP and CAO | Mar 13, 2026 | Option exercise | +6,139 | – | – | 37,486 |
| J. Heath Deneke Chairman, President and CEO | Mar 13, 2026 | Option exercise | +15,875 | – | – | 342,393 |
| J. Heath Deneke Chairman, President and CEO | Mar 13, 2026 | Tax withholding | −11,811 | $30.29 | $357.76K | 354,350 |
| J. Heath Deneke Chairman, President and CEO | Mar 13, 2026 | Option exercise | +58,049 | – | – | 348,757 |
| J. Heath Deneke Chairman, President and CEO | Mar 13, 2026 | Tax withholding | −6,247 | $30.29 | $189.22K | 336,146 |
| J. Heath Deneke Chairman, President and CEO | Mar 13, 2026 | Option exercise | +30,015 | – | – | 366,161 |
| J. Heath Deneke Chairman, President and CEO | Mar 13, 2026 | Tax withholding | −22,239 | $30.29 | $673.62K | 326,518 |
| Matthew B. Sicinski Senior VP and CAO | Jan 16, 2026 | Option exercise | +3,593 | – | – | 32,413 |
| Matthew B. Sicinski Senior VP and CAO | Jan 16, 2026 | Tax withholding | −1,066 | $26.81 | $28.58K | 31,347 |
| James David Johnston Executive VP, GC, CCO and Secy | Jan 16, 2026 | Option exercise | +10,794 | – | – | 60,610 |
| James David Johnston Executive VP, GC, CCO and Secy | Jan 16, 2026 | Tax withholding | −2,923 | $26.81 | $78.37K | 57,687 |
| William J. Mault Executive VP and CFO | Jan 16, 2026 | Tax withholding | −2,757 | $26.81 | $73.92K | 70,588 |
| William J. Mault Executive VP and CFO | Jan 16, 2026 | Option exercise | +10,121 | – | – | 73,345 |
| J. Heath Deneke Chairman, President and CEO | Jan 16, 2026 | Option exercise | +32,754 | – | – | 298,924 |
| J. Heath Deneke Chairman, President and CEO | Jan 16, 2026 | Tax withholding | −8,216 | $26.81 | $220.27K | 290,708 |
| Capital LLC Tailwater 10% owner | Aug 28, 2025 | Buy | +26,319 | $20.89 | $549.80K | 146,479 |
| Capital LLC Tailwater 10% owner | Aug 27, 2025 | Buy | +47,401 | $20.50 | $971.72K | 120,160 |
| Capital LLC Tailwater 10% owner | Aug 26, 2025 | Buy | +72,759 | $20.46 | $1.49M | 72,759 |
| Jerry L. Peters Director | Apr 24, 2025 | Gift | −3,062 | – | – | 0 |
| J. Heath Deneke Chairman, President and CEO | Mar 28, 2025 | Sale(10b5-1 plan) | −950 | $34.63 | $32.90K | 266,220 |
| J. Heath Deneke Chairman, President and CEO | Mar 28, 2025 | Sale(10b5-1 plan) | −50 | $35.45 | $1.77K | 266,170 |
| J. Heath Deneke Chairman, President and CEO | Mar 27, 2025 | Sale(10b5-1 plan) | −1,000 | $35.33 | $35.33K | 267,170 |
| J. Heath Deneke Chairman, President and CEO | Mar 26, 2025 | Sale(10b5-1 plan) | −1,000 | $35.33 | $35.33K | 268,170 |
| J. Heath Deneke Chairman, President and CEO | Mar 25, 2025 | Sale(10b5-1 plan) | −1,000 | $35.74 | $35.74K | 269,170 |
| J. Heath Deneke Chairman, President and CEO | Mar 24, 2025 | Sale(10b5-1 plan) | −1,000 | $36.32 | $36.32K | 270,170 |
| J. Heath Deneke Chairman, President and CEO | Mar 21, 2025 | Sale(10b5-1 plan) | −1,000 | $36.30 | $36.30K | 271,170 |
| J. Heath Deneke Chairman, President and CEO | Mar 20, 2025 | Sale(10b5-1 plan) | −1,000 | $37.73 | $37.73K | 272,170 |
| Jerry L. Peters Director | Mar 19, 2025 | Sale | −6,700 | $37.40 | $250.58K | 20,184 |
| J. Heath Deneke Chairman, President and CEO | Mar 19, 2025 | Sale(10b5-1 plan) | −100 | $38.15 | $3.82K | 273,170 |
| J. Heath Deneke Chairman, President and CEO | Mar 19, 2025 | Sale(10b5-1 plan) | −900 | $37.63 | $33.87K | 273,270 |
| Jerry L. Peters Director | Mar 19, 2025 | Sale | −6,700 | $37.40 | $250.58K | 23,246 |
| Jerry L. Peters Director | Mar 18, 2025 | Sale | −52 | $38.00 | $1.98K | 26,884 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Johnston James Officer | Jul 2, 2026 | 5,200 | $153.40K | Jul 2, 2026 | Restricted Stock Units |
| Jerry L. Peters Director | May 18, 2026 | 10,000 | $317.00K | May 18, 2026 | Director Compensation Grant |
| Jerry L. Peters Director | Mar 17, 2025 | 15,000 | $561.60K | Mar 17, 2025 | Unit Grants of SMLP |
| Heath Deneke J. Officer | Feb 14, 2025 | 30,000 | $1.36M | Feb 14, 2025 | Restricted Stock Units |
| Heath Deneke J. Officer | Dec 31, 2024 | 30,000 | $1.10M | Dec 31, 2024 | Restricted Stock Units |
| Johnston James Officer | Dec 12, 2024 | 20,000 | $731.60K | Dec 12, 2024 | Restricted Stock Units |
| Heath Deneke J. Director, Officer | Nov 15, 2024 | 30,000 | $1.06M | Nov 15, 2024 | Restricted Stock Units |