Summit Midstream Corp

For the period ended Jun 30, 2026. Filed Aug 10, 2026.

About 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

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Contents

Unaudited Condensed Consolidated Statements of Operations

	Three Months EndedJune 30,		Six Months EndedJune 30,
	2026	2025	2026	2025
(In thousands, except per share amounts)
Revenues:
Gathering services and related fees	$62,700	$64,182	$122,270	$128,347
Natural gas, NGLs and condensate sales	84,116	66,345	157,767	125,672
Other revenues	8,197	9,690	14,118	18,895
Total revenues	155,013	140,217	294,155	272,914
Costs and expenses:
Cost of natural gas and NGLs	49,092	35,914	88,464	71,348
Operation and maintenance	39,812	39,241	78,029	72,771
General and administrative	13,690	15,516	31,563	32,116
Depreciation and amortization	26,851	30,055	53,559	58,572
Transaction costs	19	1,061	241	3,854
Acquisition integration costs	608	4,155	981	5,399
Gain (loss) on asset sales, net	(26)	—	3	—
Long-lived asset impairments	—	71	—	71
Total costs and expenses	130,046	126,013	252,840	244,131
Other income (expense), net	1,290	378	700	9,435
Gain (loss) on interest rate swaps	947	(500)	797	(1,466)
Loss on sale of business	—	—	—	(43)
Interest expense	(27,403)	(23,864)	(52,416)	(46,401)
Income from equity method investees	5,832	4,802	11,069	9,642
Income (loss) before income taxes	5,633	(4,980)	1,465	(50)
Income tax benefit (expense)	(1,068)	752	(66)	456
Net income (loss)	$4,565	$(4,228)	$1,399	$406
Less: Net income attributable to Subsidiary Series A Preferred Units	—	(3,679)	(1,930)	(7,271)
Less: Net income attributable to Series A Preferred Stock	(1,865)	(3,101)	(4,978)	(7,019)
Add: Net (income) loss attributable to noncontrolling interest in SMLP	(1,093)	2,980	1,821	3,969
Net income (loss) attributable to Summit Midstream Corporation	$1,607	$(8,028)	$(3,688)	$(9,915)
Net income (loss) per share:
Common stock – basic	$0.12	$(0.66)	$(0.28)	$(0.83)
Common stock – diluted	$0.11	$(0.66)	$(0.28)	$(0.83)
Weighted-average number of shares outstanding:
Common stock – basic	13,811	12,241	13,074	12,005
Common stock – diluted	14,045	12,241	13,074	12,005

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.