---
schema_version: "secwatch.filing_event.v1"
accession: "0002024218-24-000032"
form_type: "8-K"
ticker: "SMC"
cik: "0002024218"
company_name: "Summit Midstream Corp"
filed_at: "2024-11-12T23:59:59+00:00"
generated_at: "2026-05-30T02:21:20.468041+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Summit Midstream Corporation Reports Q3 2024 Net Loss of $197.5M and Adjusted EBITDA of $45.2M

## Summary
- Q3 2024 net loss of $197.5 million, including $142.6M non-cash income tax expense from C-Corp conversion
- Generated adjusted EBITDA of $45.2M, DCF of $22.1M, and FCF of $9.9M
- Connected 38 wells, with six active rigs and over 100 DUCs behind systems
- Closed C-Corp conversion, refinanced balance sheet, and announced acquisition of Tall Oak Midstream III in Arkoma Basin
- Expect Q4 2024 adjusted EBITDA of approximately $45M to $50M

## SEC filing metadata
- accession: 0002024218-24-000032
- form_type: 8-K
- ticker: SMC
- cik: 0002024218
- company_name: Summit Midstream Corp
- filed_at: 2024-11-12T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2024218/000202421824000032/0002024218-24-000032-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2024218/000202421824000032/smc-20241112.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0002024218-24-000032
- JSON: https://secwatch.observer/filing/0002024218-24-000032.json
- Plain text: https://secwatch.observer/filing/0002024218-24-000032.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.