v3.26.1
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Revenues:    
Total revenues $ 139,142 $ 132,697
Costs and expenses:    
Cost of natural gas and NGLs $ 39,372 $ 35,434
Type of cost, good or service [extensible list] Natural Gas Liquids (NGL) [Member] Natural Gas Liquids (NGL) [Member]
Operation and maintenance $ 38,217 $ 33,530
General and administrative 17,873 16,600
Depreciation and amortization 26,708 28,517
Transaction costs 222 2,793
Acquisition integration costs 373 1,244
Loss on asset sales, net 29 0
Total costs and expenses 122,794 118,118
Other income (expense), net (590) 9,057
Loss on interest rate swaps (150) (966)
Loss on sale of business 0 (43)
Interest expense 25,013 22,537
Income from equity method investees 5,237 4,840
Income (loss) before income taxes (4,168) 4,930
Income tax benefit (expense) 1,002 (296)
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 interest in SMLP 2,914 989
Net loss attributable to Summit Midstream Corporation $ (5,295) $ (1,887)
Net loss per share:    
Common stock – basic (in dollars per share) $ (0.43) $ (0.16)
Common stock – diluted (in dollars per share) $ (0.43) $ (0.16)
Weighted-average number of shares outstanding:    
Common stock – basic (in shares) 12,329 11,767
Common stock – diluted (in shares) 12,329 11,767
Gathering services and related fees    
Revenues:    
Total revenues $ 59,570 $ 64,165
Natural gas, NGLs and condensate sales    
Revenues:    
Total revenues 73,651 59,327
Other revenues    
Revenues:    
Total revenues $ 5,921 $ 9,205