{"schema_version":"secwatch.filing_event.v1","accession":"0002024218-25-000046","form_type":"8-K","ticker":"SMC","cik":"0002024218","company_name":"Summit Midstream Corp","filed_at":"2025-05-08T23:59:59+00:00","discovered_at":"2026-05-14T18:02:50.698367+00:00","generated_at":"2026-05-22T05:49:12.522952+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Summit Midstream Q1 2025 net income $4.6M, adjusted EBITDA $57.5M; reiterates FY guidance","bullets":["Q1 net income $4.6M, adjusted EBITDA $57.5M, DCF $33.5M; results in line with management expectations.","Raised $250M of 8.625% Senior Secured Second Lien Notes due 2029 at issue price 103.375%.","Acquired Moonrise Midstream in DJ Basin on March 10, 2025; connected 41 wells during quarter.","Reiterated FY2025 adjusted EBITDA guidance $245-280M and capex $65-75M.","Reinstated cash dividend on Series A Preferred Stock; common dividend remains suspended."],"urls":{"canonical":"https://secwatch.observer/filing/0002024218-25-000046","json":"https://secwatch.observer/filing/0002024218-25-000046.json","markdown":"https://secwatch.observer/filing/0002024218-25-000046.md","text":"https://secwatch.observer/filing/0002024218-25-000046.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2024218/000202421825000046/0002024218-25-000046-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2024218/000202421825000046/smc-20250507.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-22T05:49:12.522952+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}