Summit Midstream Corp
For the period ended Jun 30, 2026. Filed Aug 10, 2026.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2026 · Filed Aug 10, 2026
SMC$30.30+8.4%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Unaudited Condensed Consolidated Statements of Equity
| Equity | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 Earnings (Deficit) · Noncontrolling interest · Total Equity | ||||||||||||
| Equity, December 31, 2025 | $110,468 | $122 | $65 | $638,427 | $(202,902) | $400,376 | $946,556 | |||||
| Net income (loss) | 3,113 | — | — | — | (5,295) | (2,914) | (5,096) | |||||
| Dividend paid on Series A Preferred Stock | (49,416) | — | — | — | — | — | (49,416) | |||||
| Equity compensation | — | — | 3,036 | — | — | 3,036 | ||||||
| Tax withholdings and associated payments on vested SMC LTIP awards | — | — | — | (2,796) | — | — | (2,796) | |||||
| Share issuance | — | 14 | — | 41,445 | — | — | 41,459 | |||||
| Tax impact of Up-C Structure | — | — | — | (18,751) | — | — | (18,751) | |||||
| Equity shift | — | — | — | 78,286 | — | (78,286) | — | |||||
| Equity, March 31, 2026 | $64,165 | $136 | $65 | $739,647 | $(208,197) | $319,176 | $914,992 | |||||
| Net income (loss) | 1,865 | — | — | — | 1,607 | 1,093 | 4,565 | |||||
| Dividend paid on Series A Preferred Stock | (1,862) | — | — | — | — | — | (1,862) | |||||
| Equity compensation | — | — | — | 2,298 | — | — | 2,298 | |||||
| Shares repurchased and redeemed under Share Repurchase Program | — | — | — | (1,009) | — | — | (1,009) | |||||
| Tax impact of Up-C Structure | — | — | — | (78) | — | — | (78) | |||||
| Tax withholdings and associated payments on vested SMC LTIP awards | — | — | — | (40) | — | — | (40) | |||||
| Equity shift | — | — | — | (222) | — | 222 | — | |||||
| Equity, June 30, 2026 | $64,168 | $136 | $65 | $740,596 | $(206,590) | $320,491 | $918,866 | |||||
| Equity | |||||||
|---|---|---|---|---|---|---|---|
| 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 Earnings (Deficit) | Noncontrolling interest | Total Equity | |
| Equity, December 31, 2024 | $110,230 | $106 | $75 | $540,714 | $(183,333) | $497,333 | $965,125 |
| Net income (loss) | 3,918 | — | — | — | (1,887) | (989) | 1,042 |
| Dividend paid on Series A Preferred Stock | (3,359) | — | — | — | — | — | (3,359) |
| Equity compensation | — | — | — | 2,375 | — | — | 2,375 |
| Tax withholdings and associated payments on vested SMC LTIP awards | — | 1 | — | (2,838) | — | — | (2,837) |
| Moonrise Acquisition | — | 5 | — | 17,890 | — | — | 17,895 |
| Conversion of Class B Common Stock and Partnership Common Units | — | 10 | (10) | — | — | — | — |
| Tax impact of Up-C Structure | — | — | — | (12,280) | — | — | (12,280) |
| Equity shift | — | — | — | 86,526 | — | (86,526) | — |
| Equity, March 31, 2025 | $110,789 | $122 | $65 | $632,387 | $(185,220) | $409,818 | $967,961 |
| Net income (loss) | 3,101 | — | — | — | (8,028) | (2,980) | (7,907) |
| Dividend paid on Series A Preferred Stock | (3,382) | — | — | — | — | — | (3,382) |
| Equity compensation | — | — | — | 2,362 | — | — | 2,362 |
| Tax withholdings and associated payments on vested SMC LTIP awards | — | — | — | (8) | — | — | (8) |
| Equity shift | — | — | — | (233) | — | 233 | — |
| Equity, June 30, 2025 | $110,508 | $122 | $65 | $634,508 | $(193,248) | $407,071 | $959,026 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.