EARNINGS PER SHARE (Tables)

9 Months Ended

Sep. 30, 2025

The following table details the components of EPS.


	Three Months Ended September 30,				Nine Months Ended September 30,
	2025		2024		2025		2024
	(In thousands, except per-share amounts)				(In thousands, except per-share amounts)
Numerator for basic and diluted EPS:
Net income (loss)	$	5,000	$	(197,541)	$	5,406	$	(88,392)
Less: Net income attributable to Subsidiary Series A Preferred Units	(3,769)		(4,007)		(11,040)		(11,643)
Less: Net income attributable to Series A Preferred Stock	(3,365)		(3,393)		(10,384)		(9,926)
Add: Net loss attributable to noncontrolling interest	556		—		4,525		—
Net loss attributable to Summit Midstream Corporation	$	(1,578)	$	(204,941)	$	(11,493)	$	(109,961)

Denominator for basic and diluted EPS:
Weighted-average number of shares outstanding – basic	12,255		10,649		12,090		10,583
Effect of nonvested restricted stock units	—		—		—		—
Effect of assumed conversion and elimination of noncontrolling interest and net income	—		—		—		—
Weighted-average number of shares outstanding – diluted	12,255		10,649		12,090		10,583

Net loss per share:
Common Stock – basic	$	(0.13)	$	(19.25)	$	(0.95)	$	(10.39)
Common Stock – diluted	$	(0.13)	$	(19.25)	$	(0.95)	$	(10.39)
Class B Common Stock - basic and diluted	$	—	$	—	$	—	$	—

Nonvested anti-dilutive restricted shares excluded from the calculation of diluted EPS	407		—		469		13
Class B Common Stock	6,524		—		6,528		—