Summit Midstream files pro forma showing 2024 net loss of $192.5M after Tall Oak acquisition adjustments

Summit Midstream Corp

Pro forma net loss attributable to Summit Midstream: -$192.5M vs historical -$122.2M.
Pro forma diluted EPS of ($19.42) vs historical ($12.78) per share.
Tall Oak Acquisition closed Dec 2, 2024 for total consideration of $425M (cash, earn-out, stock).
Pro forma revenues of $500.4M; Tall Oak contributed $89.6M in pre-acquisition period revenues.
Adjustments reflect divestitures (Utica Sale $625M, Mountaineer $70M) and refinancing transactions.

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