---
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"
generated_at: "2026-05-22T05:49:12.522952+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Summit Midstream Q1 2025 net income $4.6M, adjusted EBITDA $57.5M; reiterates FY guidance

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0002024218-25-000046
- JSON: https://secwatch.observer/filing/0002024218-25-000046.json
- Plain text: https://secwatch.observer/filing/0002024218-25-000046.txt

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