---
schema_version: "secwatch.filing_event.v1"
accession: "0002024218-26-000070"
form_type: "8-K"
ticker: "SMC"
cik: "0002024218"
company_name: "Summit Midstream Corp"
filed_at: "2026-05-11T20:23:40+00:00"
generated_at: "2026-05-11T20:30:25.883560+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Summit Midstream Q1 net loss $3.2M; Adj. EBITDA $54.2M; reiterates FY guidance $225-265M

## Summary
- Net loss of $3.2M; Adjusted EBITDA $54.2M; DCF $26.9M; FCF $11.4M for Q1 2026.
- Connected 37 wells; new 100 MMcf/d precedent agreement on Double E Pipeline (Q1 2027 in-service, 10-year term).
- Repaid $46.3M all accrued Series A Preferred dividends; completed $42M common stock placement to Tailwater Capital.
- Double E contracted volume reaches 1.755 Bcf/d; full-year 2026 Adj. EBITDA guidance reaffirmed at $225-$265M.
- ABL revolver drawn $116M of $500M; total leverage 4.2x; Summit Permian Transmission entered $440M term facility.

## SEC filing metadata
- accession: 0002024218-26-000070
- form_type: 8-K
- ticker: SMC
- cik: 0002024218
- company_name: Summit Midstream Corp
- filed_at: 2026-05-11T20:23:40+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2024218/000202421826000070/0002024218-26-000070-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2024218/000202421826000070/smc-20260511.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0002024218-26-000070
- JSON: https://secwatch.observer/filing/0002024218-26-000070.json
- Plain text: https://secwatch.observer/filing/0002024218-26-000070.txt

## Key facts
- Earnings Releases
  Summit Midstream Corp updated its the three months ended March 31, 2026 guidance (reaffirmed).
  - Period: the three months ended March 31, 2026
  - Guidance: reaffirmed
  - Result: reported results
  source text: On May 11, 2026 , Summit Midstream Corporation (NYSE: SMC), a Delaware corporation issued a press release announcing its results of operations for the three months ended March 31, 2026.
  evidence_url: https://www.sec.gov/Archives/edgar/data/2024218/000202421826000070/0002024218-26-000070-index.htm

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