SMC reports a wider y/y Q4 loss, revenue dip and EBITDA decline. It eyes growth through acquisitions and investments in 2025.
US$113.2m (loss widened by 79% from FY 2023). US$10.68 loss per share (further deteriorated from US$6.11 loss in FY 2023). It's still necessary to consider the ever-present spectre of investment risk.
Summit Midstream Corp. has acquired Moonrise Midstream and provided an update on its operations in the DJ Basin.
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Summit Midstream's CEO said the deal expands the company’s footprint and dedicated acreage in the DJ basin and provides ...
Summit Midstream agreed to acquire Moonrise Midstream from Fundare Resources for $90M, continuing its strategy of building scale through strategic, bolt-on acquisitions in key basins.
Summit Midstream (SMC) announced that its wholly owned subsidiary, Summit Midstream Holdings, has acquired Moonrise Midstream from Fundare ...
Summit Midstream Corporation (NYSE: SMC) ("Summit", "SMC" or the "Company") announced today that its wholly owned subsidiary, ...
Summit Midstream is a midstream operator with a large exposure to natural gas. There is a fair amount of unused capacity throughout the portfolio that would raise earnings as that capacity fills up.
Kylie is the Deputy Live Pages Editor, helping showcase Reuters multimedia coverage of the biggest global stories. She previously worked on the UK Breaking News team, and spent eight years in ...
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