Summit Midstream Corporation (SMC) has successfully completed a long-term turnaround, positioning itself for future growth. A notable aspect of this recovery is the recent $35 million stock repurchase, which effectively offsets the dilution that occurred in March. The quality of SMC's customer base has significantly improved, coinciding with a recovery in natural gas prices, which is expected to support a stronger financial outlook. Additionally, SMC has established a growing partnership with Exxon Mobil, further enhancing its prospects. The company is now backed by a proactive major shareholder and has adopted conservative operational practices, making its future outlook brighter than it has been in years. Importantly, the burden of preferred stock arrearages has been eliminated, marking a key milestone in SMC's financial recovery.