Summit Midstream Corp
For the period ended Dec 31, 2024. Filed Mar 11, 2025.
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FY2024 · Filed Mar 11, 2025
SMC$27.96+3.1%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Equity
CONSOLIDATED STATEMENTS EQUITY
| Partners’ Capital (Before Corporate Reorganization) · Equity(After Corporate Reorganization) | ||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Summit Midstream Corporation Stockholders | ||||||||||||||||||||||
| Series A Preferred Units · Common Limited Partners’ Capital · Series A Preferred Stock · Common Stock Amount, at $0.01 par value · Class B Common Stock Amount, at $0.01 par value · Additional Paid in Capital · Retained Earning (Deficit) · Non-controlling interest · Total Equity | ||||||||||||||||||||||
| Partners’ capital, December 31, 2022 | $85,327 | $679,491 | $— | $— | $— | $— | $— | $— | $764,818 | |||||||||||||
| Net income (loss) | 11,566 | (63,094) | — | — | — | — | — | — | (51,528) | |||||||||||||
| Equity compensation | — | 6,566 | — | — | — | — | — | — | 6,566 | |||||||||||||
| Tax withholdings and associated payments on vested SMLP LTIP awards | — | (1,293) | — | — | — | — | — | — | (1,293) | |||||||||||||
| Partners’ capital, December 31, 2023 | $— | $96,893 | $621,670 | $— | $— | $— | $— | $— | $— | $718,563 | ||||||||||||
| Net income (loss) | 7,668 | 47,837 | 5,669 | — | — | (183,333) | (5,822) | (127,981) | ||||||||||||||
| Equity compensation | — | 5,415 | — | — | — | 3,146 | — | — | 8,561 | |||||||||||||
| Tax withholdings and associated payments on vested SMLP LTIP awards | — | (1,882) | — | — | — | (144) | — | — | (2,026) | |||||||||||||
| Corporate Reorganization | (104,561) | (673,040) | 104,561 | 106 | — | 672,934 | — | — | — | |||||||||||||
| Tax impact of Corporate Reorganization | — | — | — | — | — | 32,349 | — | — | 32,349 | |||||||||||||
| Tax impact of Up-C Structure | — | — | — | — | — | 52,582 | — | — | 52,582 | |||||||||||||
| Issuance of noncontrolling interest (Tall Oak Acquisition) | — | — | — | — | 75 | (220,153) | — | 503,155 | 283,077 | |||||||||||||
| Equity, December 31, 2024 | $— | $— | $— | $110,230 | $106 | $75 | $540,714 | $(183,333) | $497,333 | $965,125 | ||||||||||||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.