For the year ending 2025-12-31, SMC made $562,091K in revenue. -$19,569K in net income. Net profit margin of -3.48%.
| Income Statement | 2025-12-31 | |||
|---|---|---|---|---|
| Total revenues | 562,091 | |||
| Cost of natural gas and ngls | 149,139 | |||
| Operation and maintenance | 149,139 | |||
| General and administrative | 61,018 | |||
| Depreciation and amortization | 114,159 | |||
| Transaction costs | 4,900 | |||
| Acquisition integration costs | 8,143 | |||
| (gain) loss on asset sales, net | -486 | |||
| Long-lived asset impairment | 2,725 | |||
| Total costs and expenses | 489,709 | |||
| Other income, net | 783 | |||
| Gain (loss) on interest rate swaps | -1,037 | |||
| Gain (loss) on sale of business | -582 | |||
| Gain on sale of equity method investment | 0 | |||
| Interest expense | 94,737 | |||
| Loss on early extinguishment of debt | 0 | |||
| Income from equity method investees | 20,784 | |||
| Income (loss) before income taxes | -2,407 | |||
| Income tax benefit (expense) | -501 | |||
| Net loss | -1,906 | |||
| Less net income attributable to subsidiary series a preferred units | 14,863 | |||
| Less net income attributable to series a preferred stock | 13,631 | |||
| Add net loss attributable to noncontrolling interest | -10,831 | |||
| Net loss attributable to summit midstream corporation | -19,569 | |||
| Basic EPS | -1.61 | |||
| Diluted EPS | -1.61 | |||
| Basic Average Shares | 12,133,000 | |||
| Diluted Average Shares | 12,133,000 | |||
Summit Midstream Corp (SMC)
Summit Midstream Corp (SMC)