Summit Midstream Q2 net loss $23.8M, adj EBITDA $43.1M; reaffirms 2024 guidance $170-200M

Summit Midstream Corp

2025-Q2 EPS reported $8.57 revenue$220,186,000

Net loss $23.8M; adj EBITDA $43.1M; DCF $11.7M; FCF $2.7M.
Connected 34 wells; 3 rigs active, >100 DUCs behind systems.
Closed refinancing: $500M ABL & $575M 8.625% notes due 2029; net leverage ~4.4x.
MLP-to-C-corp reorganization completed Aug 1; reaffirms 2024 pro forma adj EBITDA guidance $170-200M.
Segment adj EBITDA: Rockies $22.9M, Piceance $12.8M, Barnett $5.4M, Permian $7.7M.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.