The latest financial statement is for the quarter ending 2025-09-30.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income (loss) | 5,000 | 406 |
| Deferred income taxes | 536 | -553 |
| Depreciation and amortization | 29,090 | 59,041 |
| Noncash lease expense | 1,278 | 3,897 |
| Amortization of debt issuance costs and other | 1,026 | 1,979 |
| Equity compensation | 2,064 | 4,737 |
| Income from equity method investees | 5,548 | 9,642 |
| Distributions from equity method investees | 7,155 | 13,955 |
| Gain on asset sales, net | -120 | - |
| Foreign currency gain and other | 0 | - |
| Gain on fair value of earn-out | -575 | 8,479 |
| Loss on early extinguishment of debt | 0 | 0 |
| (gain) loss on sale of business | -539 | -43 |
| Gain on sale of equity method investment | 0 | 0 |
| Unrealized loss on interest rate swaps | -737 | -3,250 |
| Long-lived asset impairment | 0 | 71 |
| Accounts receivable | -4,014 | 4,040 |
| Trade accounts payable | 5,033 | 5,753 |
| Accrued expenses | -4,052 | -9,435 |
| Deferred revenue, net | -3,614 | -2,960 |
| Ad valorem taxes payable | 2,414 | -543 |
| Interest income and other | - | 0 |
| Accrued interest | -17,472 | 5,242 |
| Accrued environmental remediation, net | -52 | -147 |
| Other, net | 2,166 | 9,332 |
| Net cash provided by operating activities | 26,677 | 53,243 |
| Capital expenditures | 22,914 | 46,996 |
| Cash consideration paid for the acquisition of moonrise, net of cash acquired | 0 | 69,997 |
| Investment in double e equity method investee | 753 | 3,063 |
| Proceeds from utica sale (excluding ohio gathering) | 0 | 0 |
| Proceeds from sale of ohio gathering | 0 | 0 |
| Proceeds from mountaineer transaction | 0 | 0 |
| Proceeds from asset sale | 0 | 0 |
| Net cash provided by (used in) investing activities | -23,667 | -120,056 |
| Issuance of additional 2029 secured notes-Additional Senior Secured Notes Due2029 | 258,438 | - |
| Issuance of additional 2029 secured notes-Senior Secured Notes Due2029 | 0 | - |
| Borrowings on amended and restated abl facility | 35,000 | 95,000 |
| Debt repayments - amended and restated abl facility | 25,000 | 260,000 |
| Debt repayments-Permian Transmission Term Loan | 4,218 | 8,106 |
| Debt repayments - redemption of 2026 unsecured notes | 0 | 0 |
| Debt repayments-A2026Secured Notes Excess Cash Flow Offer | 0 | 0 |
| Debt repayments-A2026Secured Notes Asset Sale Offer | 0 | 0 |
| Distributions on series a preferred shareholders | 3,385 | 6,741 |
| Distributions on subsidiary series a preferred units | 1,629 | 3,256 |
| Debt repayments-A2025Senior Notes Redemption | 0 | - |
| Debt repayments-A2026Secured Notes Redemption | 0 | - |
| Debt extinguishment costs | 0 | 0 |
| Issuance of additional 2029 secured notes | - | 258,438 |
| Debt issuance costs | 0 | 4,835 |
| Other, net | -836 | -3,382 |
| Net cash provided by (used in) financing activities | -68 | 67,118 |
| Net change in cash, cash equivalents and restricted cash | 2,942 | 305 |
| Cash and cash equivalents at beginning of period | 25,199 | - |
| Cash and cash equivalents at end of period | 28,446 | - |
Summit Midstream Corp (SMC)
Summit Midstream Corp (SMC)