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Summit Midstream Corporation Reports First Quarter 2025 Financial and Operating Results
Summit Midstream Partners, LPSummit Midstream Partners, LP(US:SMC) Prnewswire·2025-05-07 20:27

HOUSTON, May 7, 2025 /PRNewswire/ -- Summit Midstream Corporation (NYSE: SMC) ("Summit", "SMC" or the  "Company") announced today its financial and operating results for the three months ended March 31, 2025.Highlights First quarter 2025 net income of $4.6 million, adjusted EBITDA of $57.5 million and cash flow available for distributions ("Distributable Cash Flow" or "DCF") of $33.5 million Raised $250 million of additional 8.625% Senior Secured Second Lien Notes Due 2029 at an issue price of 103.375% Comp ...