SMC as of Nov 3 · 18:07 ET
SMCNYSENatural Gas Transmission

Summit Midstream Corp · Brief

Next report

6 days

Nov 9 · after closeconfirmedQ3 FY26

Expected move

No implied move.

Implied vs realized

8 reportsHistory
1 of 8≥ implied
avg implied
±9.9%
avg realized
±4.3%
Nov 12 '24±6.3%▼−0.75%×0.12
Mar 10 '25±9.9%▼−2.66%×0.27
May 8 '25±11.9%▲+2.46%×0.21
Aug 12 '25±6.4%▼−16.63%×2.59
Q3 FY25±15.3%▼−0.09%×0.01
Q1 FY26±8.2%▲+2.13%×0.26
May 11 '26±8.4%▼−0.57%×0.07
Q2 FY26±13.0%▲+8.92%×0.69
quarterimplied−20%0+20%realized×
Q2 FY26±13.0%▲+8.92%×0.69
May '26±8.4%▼−0.57%×0.07
Q1 FY26±8.2%▲+2.13%×0.26
Q3 FY25±15.3%▼−0.09%×0.01
Aug '25±6.4%▼−16.63%×2.59
May '25±11.9%▲+2.46%×0.21
2 older reports
Mar '25±9.9%▼−2.66%×0.27
Nov '24±6.3%▼−0.75%×0.12
Shaded = implied · tick ▲▼ = realized · × = |realized| ÷ impliedSource: options EOD · implied at prior close · realized close to close

Bull & bear

Nov 9 report · confirmed

Bull2 of 3

+4.96%ten largest reporting managers increased their shares in the latest quarter13F · Jun 30 '26
74managers reporting a position in the latest quarterly filings13F · Jun 30 '26

Bear2 of 3

29.00%revenue concentrated with the largest disclosed customer Counterparty BSEC filings
7 of 8recent reports where the move came in under the options implied rangeEarnings history
AI captions · Sep 28 '26once per report · top 2 per case

Linked exposure

SMC report session

No linked exposure.

Latest changes

30 daysAll changes
Nov 2report dateEarnings date confirmed: Nov 9, after close.Source
Oct 26impliedImplied move: ±10.5% into Nov 9 earnings (Oct 26 close).Source

Your note

privateThesis 0 · Decisions 0 · Observations 0

No thesis.