v3.26.1
EARNINGS PER SHARE (Tables)
3 Months Ended
Mar. 31, 2026
Earnings Per Share [Abstract]  
Schedule of Components of Earnings Per Share
The following table details the components of EPS.
Three Months Ended
March 31,
20262025
(In thousands, except
per-share amounts)
Numerator for basic and diluted EPS:
Net income (loss)$(3,166)$4,634 
Less: Net income attributable to Subsidiary Series A Preferred Units(1,930)(3,592)
Less: Net income attributable to Series A Preferred Stock(3,113)(3,918)
Add: Net loss attributable to noncontrolling interest2,914 989 
Net loss attributable to Summit Midstream Corporation$(5,295)$(1,887)
Denominator for basic and diluted EPS:
Weighted-average number of shares outstanding – basic12,329 11,767 
Effect of nonvested restricted stock units— — 
Effect of assumed conversion and elimination of noncontrolling interest and net income— — 
Weighted-average number of shares outstanding – diluted12,329 11,767 
Net loss per share:
Common Stock – basic$(0.43)$(0.16)
Common Stock – diluted$(0.43)$(0.16)
Class B Common Stock - basic and diluted$— $— 
Nonvested anti-dilutive restricted shares excluded from the calculation of diluted EPS236 462 
Class B Common Stock6,524 6,535