SMC (Summit Midstream) Net Income (Continuing Operations): $-0.9 Mil (TTM As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SMC Summit Midstream Corp SMC
65 GF Score
Price $34.92
GF Value $29.42
Valuation Modestly Overvalued
! 11 Warning Signs
View Full Analysis

What is Summit Midstream Net Income (Continuing Operations)?

Summit Midstream SMC +0.43% 65 Net Income (Continuing Operations) is $-0.9 Mil as of Jun. 2026. GuruFocus rates SMC with a GF Score™ of 65/100 and a GF Value™ of $29.42 (Modestly Overvalued). The stock has 11 warning signs investors should review.

Net Income (Continuing Operations) indicates the net income that a firm brings in from ongoing business activities. These activities are expected to continue into the next reporting period. Summit Midstream's Net Income (Continuing Operations) for the three months ended in Jun. 2026 was $4.6 Mil. Its Net Income (Continuing Operations) for the trailing twelve months (TTM) ended in Jun. 2026 was $-0.9 Mil.

Summit Midstream  (NYSE:SMC) Net Income (Continuing Operations) Explanation

Net Income (Continuing Operations) excludes extraordinary items, income from the cumulative effects of accounting changes, non-recurring items, income from tax loss carry forward, and preferred dividends.

Summit Midstream Net Income (Continuing Operations) Related Terms

Summit Midstream Net Income (Continuing Operations) Historical Data

* Premium members only.

The historical data trend for Summit Midstream's Net Income (Continuing Operations) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Summit Midstream Net Income (Continuing Operations) Chart

Summit Midstream Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Income (Continuing Operations)
Get a 7-Day Free Trial Premium Member Only Premium Member Only -19.95 -123.46 -38.95 -113.18 -1.91

Summit Midstream Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Net Income (Continuing Operations) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -4.23 5.00 -7.31 -3.17 4.57
SMC
65GF Score
Summit Midstream Corp SMC
Net Income (Continuing Operations) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Summit Midstream Net Income (Continuing Operations) Calculation

Net Income (Continuing Operations) indicates the net income that a firm brings in from ongoing business activities. These activities are expected to continue into the next reporting period.

Net Income (Continuing Operations) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.9 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Net Income (Continuing Operations) of $-0.9 Mil mean?
Summit Midstream (SMC) has a Net Income (Continuing Operations) of $-0.9 Mil as of Jun. 2026. Net Income (Continuing operations) is the total net earnings from a company's continuing operations. View historical data on Summit Midstream and its competitors.
Is Summit Midstream's Net Income (Continuing Operations) too high?
Summit Midstream's current Net Income (Continuing Operations) is $-0.9 Mil. Overall, Summit Midstream has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Summit Midstream's Net Income (Continuing Operations) compare to KNOP and WHK?
Summit Midstream's Net Income (Continuing Operations) of $-0.9 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Income (Continuing Operations) for an Oil & Gas company?
A good Net Income (Continuing Operations) depends on the Oil & Gas industry context. However, Net Income (Continuing Operations) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Income (Continuing Operations) mean?
A high Net Income (Continuing Operations) can signal that a stock is expensive relative to its fundamentals. Net Income (Continuing operations) is the total net earnings from a company's continuing operations. View historical data on Summit Midstream and its competitors. Summit Midstream's current Net Income (Continuing Operations) is $-0.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Summit Midstream stock overvalued right now?
Based on GuruFocus' analysis, Summit Midstream (SMC) is currently considered Modestly Overvalued. The stock's GF Value™ is $29.42, compared to a current price of $34.92 — trading 18.7% above its estimated fair value. The current Net Income (Continuing Operations) is $-0.9 Mil. Summit Midstream's overall GF Score™ is 65/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Income (Continuing Operations) calculated?
Net Income (Continuing Operations) is calculated from a company's financial statements. For Summit Midstream (SMC), the current Net Income (Continuing Operations) is $-0.9 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Summit Midstream (SMC) Overvalued in 2026?

Based on GuruFocus' analysis, Summit Midstream stock appears to be overvalued. The current stock price of $34.92 is trading 18.7% above its estimated GF Value™ of $29.42. GuruFocus considers Summit Midstream to be Modestly Overvalued.

Key valuation signals for SMC:

  • Net Income (Continuing Operations): $-0.9 Mil
  • GF Value™: $29.42 vs. price of $34.92 (18.7% above fair value)
  • GF Score™: 65/100 with 11 warning signs

No single metric tells the full story. See the SMC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Summit Midstream Business Description

Industry EnergyOil & Gas
Address 910 Louisiana Street, Suite 4200, Houston, TX, USA, 77002
Summit Midstream Corp is a value-driven corporation focused on developing, owning and operating midstream energy infrastructure assets strategically located in unconventional resource basins, shale formations, in the continental U.S. It currently operates natural gas, crude oil and produced water gathering systems in various unconventional resource basins including the Williston Basin, DJ Basin, Barnett Shale, Piceance Basin, Permian Basin, and the Arkoma Basin. The company's reportable segments are: Rockies, Permian, Mid-Con, Piceance, and Northeast. Maximum revenue is generated from the Mid-Con segment. Summit generates revenue mainly from natural gas, NGLs, and condensate sales, and the provision of gathering and related services.
65GF Score

Get the complete analysis for SMC

Net Income (Continuing Operations) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$34.92
Price
$29.42
GF Value