Summit Midstream Approves Expansion of Double E Pipeline Compression
Summit Midstream (SMC) announced it has completed a successful open season and made a final investment decision to expand the mainline compression capacity on its Double E Pipeline. The expansion is expected to add approximately 900 million cubic feet per day in transportation capability, enhancing the company's infrastructure efficiency. The project reflects Summit Midstream’s ongoing efforts to improve operational performance and meet growing energy demand across key markets. Following this announcement, SMC shares rose by 1.9% on Monday trading sessions.
Tickers: $SMC
Topics: Investment decision Mainline compression Pipeline expansion