secwatch.observer — SEC 8-K summary
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Issuer:     Summit Midstream Corp (SMC)
CIK:        0002024218
Form:       8-K
Filed at:   2025-08-12T23:59:59+00:00
Accession:  0002024218-25-000063
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Summit Midstream Q2 net loss $4.2M, adjusted EBITDA $61.1M; FY guidance near low end
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- Net loss of $4.2M in Q2 2025; adjusted EBITDA $61.1M, DCF $32.4M, free cash flow $9.2M.
- FY 2025 adjusted EBITDA expected near low end of $245M–$280M original guidance range.
- Connected 47 wells in Q2; Arkoma anchor customer to start 20-well program (completions Q4 2025–H1 2026).
- Executed 10-year extension of Williston Basin gathering agreements; new Double E Pipeline firm capacity agreement for 100 MMcf/d.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2024218/000202421825000063/0002024218-25-000063-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2024218/000202421825000063/smc-20250812.htm
  HTML page:      https://secwatch.observer/filing/0002024218-25-000063

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