The latest financial statement is for the quarter ending 2026-03-31.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income (loss) | -3,166 | -7,312 | 5,000 | 406 |
| Deferred income taxes | -996 | -682 | 536 | -553 |
| Depreciation and amortization | 26,943 | 26,966 | 29,090 | 59,041 |
| Noncash lease expense | 681 | 633 | 1,278 | 3,897 |
| Amortization of debt issuance costs and other | 2,571 | 1,028 | 1,026 | 1,979 |
| Equity compensation | 3,036 | 997 | 2,064 | 4,737 |
| Gain on sale of equity method investment | - | 0 | 0 | 0 |
| Income from equity method investee - double e | 5,237 | 5,594 | 5,548 | 9,642 |
| Unrealized loss on interest rate swaps | - | 4,441 | - | - |
| Distributions from equity method investee - double e | 7,595 | 7,468 | 7,155 | 13,955 |
| Long-lived asset impairment | - | 2,654 | 0 | 71 |
| Loss on asset sales, net | 91 | - | -120 | - |
| (gain) loss on asset sales, net | - | -486 | - | - |
| Loss on early extinguishment of debt | - | - | 0 | 0 |
| Foreign currency (gain) loss | - | 0 | 0 | - |
| (gain) loss on earn-out remeasurement | -503 | -8,096 | -575 | 8,479 |
| Loss on early extinguishment of debt | - | 0 | - | - |
| Loss on sale of business | 0 | 0 | -539 | -43 |
| Unrealized loss on interest rate swaps | 3,458 | - | -737 | -3,250 |
| Accounts receivable | 4,437 | -9,877 | -4,014 | 4,040 |
| Trade accounts payable | -1,014 | -5,238 | 5,033 | 5,753 |
| Accrued expenses | 11,711 | -1,572 | -4,052 | -9,435 |
| Deferred revenue, net | -1,808 | 126 | -3,614 | -2,960 |
| Ad valorem taxes payable | -5,214 | -1,225 | 2,414 | -543 |
| Interest income and other | - | - | - | 0 |
| Accrued interest | -20,154 | 20,564 | -17,472 | 5,242 |
| Accrued environmental remediation, net | -137 | -236 | -52 | -147 |
| Other, net | 4,565 | 3,695 | 2,166 | 9,332 |
| Net cash provided by operating activities | 6,870 | 53,675 | 26,677 | 53,243 |
| Proceeds from asset sale | - | 0 | 0 | 0 |
| Proceeds from mountaineer transaction | - | 0 | 0 | 0 |
| Proceeds from sale of ohio gathering | - | 0 | 0 | 0 |
| Cash consideration paid for the acquisition, net of cash acquired-Tall Oak | - | 0 | - | - |
| Proceeds from utica sale (excluding ohio gathering) | - | 0 | 0 | 0 |
| Capital expenditures | 19,277 | 19,132 | 22,914 | 46,996 |
| Cash consideration paid for the acquisition of moonrise, net of cash acquired | - | - | 0 | 69,997 |
| Cash consideration paid for the acquisition, net of cash acquired-Moonrise Midstream LLC | - | 69,997 | - | - |
| Cash consideration paid for the acquisition of moonrise, net of cash acquired | 0 | - | - | - |
| Investment in equity method investee - double e | 0 | 0 | 753 | 3,063 |
| Other, net | 86 | 295 | - | - |
| Net cash used in investing activities | -19,363 | -19,427 | -23,667 | -120,056 |
| Borrowings under new permian transmission facility-New Permian Transmission Credit Facility | 340,000 | - | - | - |
| Debt repayments - legacy permian transmission term loan-Permian Transmission Term Loan | 104,674 | - | 4,218 | 8,106 |
| Issuance of additional 2029 secured notes-Senior Secured Notes Due2029 | - | 0 | - | - |
| Debt repayments - redemption of 2026 unsecured notes | - | 0 | 0 | 0 |
| Debt repayments-A2026Secured Notes Excess Cash Flow Offer | - | 0 | - | - |
| Debt repayments-A2026Secured Notes Asset Sale Offer | - | 0 | - | - |
| Debt repayments-A2025Senior Notes Redemption | - | 0 | - | - |
| Debt repayments-A2026Secured Notes Redemption | - | 0 | - | - |
| Issuance of additional 2029 secured notes-Senior Secured Notes Due2029 | - | - | 0 | - |
| Issuance of additional 2029 secured notes-Additional Senior Secured Notes Due2029 | - | 258,438 | - | - |
| Debt repayments-A2025Senior Notes Redemption | - | - | 0 | - |
| Debt repayments-Repurchase Of2025Senior Notes | - | 0 | - | - |
| Borrowings on amended and restated abl facility | 78,000 | 3,000 | 35,000 | 95,000 |
| Debt repayments-A2026Secured Notes Redemption | - | - | 0 | - |
| Issuance of 2026 unsecured notes | - | 0 | - | - |
| Debt repayments-A2026Secured Notes Excess Cash Flow Offer | - | - | 0 | 0 |
| Debt repayments - amended and restated abl facility | 75,000 | 40,000 | 25,000 | 260,000 |
| Debt extinguishment costs | - | 0 | 0 | 0 |
| Debt repayments-A2026Secured Notes Asset Sale Offer | - | - | 0 | 0 |
| Debt repayments-Permian Transmission Term Loan | - | 12,324 | - | - |
| Distributions and redemption of subsidiary series a preferred units | 143,226 | 1,628 | 1,629 | 3,256 |
| Distributions on series a preferred stock | 49,416 | 3,267 | 3,385 | 6,741 |
| Related party shares issued for cash, net | 41,459 | - | - | - |
| Related party settlement of tall oak earn-out | 21,304 | - | - | - |
| Issuance of additional 2029 secured notes-Additional Senior Secured Notes Due2029 | -258,438 | - | 258,438 | - |
| Issuance of additional 2029 secured notes | - | - | - | 258,438 |
| Debt issuance costs | 8,052 | 37 | 0 | 4,835 |
| Other, net | -3,127 | -1,083 | -836 | -3,382 |
| Net cash provided by financing activities | 42,336 | -43,015 | -68 | 67,118 |
| Net change in cash, cash equivalents and restricted cash | 29,843 | -8,767 | 2,942 | 305 |
| Cash, cash equivalents and restricted cash, beginning of period | 19,679 | 28,446 | 25,199 | - |
| Cash, cash equivalents and restricted cash, end of period | 49,522 | 19,679 | 28,446 | - |
Summit Midstream Corp (SMC)
Summit Midstream Corp (SMC)