Summit Midstream files audited FY2023 financials for acquired Tall Oak: $116M revenue, $32.6M net income

Summit Midstream Corp

Tall Oak 2023 revenue $116.4M, net income $32.6M, operating cash flow $51.3M.
Total assets $371.9M, member's equity $209.6M as of Dec 31, 2023.
Acquisition closed Dec 2, 2024; consideration included cash and SMC equity (amount not disclosed).
Filing also includes unaudited 2024 YTD and pro forma combined financials (Exhibits 99.3, 99.4).

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