Looking at this filing, I need to extract the substantive financial disclosure content. The filing content provided is primarily the cover page, table of contents, and definitions/glossary section. Let me assess the substantive disclosure content beyond boilerplate, cover pages, and exhibit lists. The definitions section does contain some substantive facts: the Moonrise Acquisition for approximately $90.0 million (consisting of $70.0 million cash payment and 462,265 shares), the New Permian Transmission Facility as a $440.0 million refinancing on March 16, 2026, the Additional 2029 Secured Notes of $250,000,000 issued January 10, 2025, and share counts as of August 7, 2026. These are substantive disclosures traceable to the filing. The content exceeds 150 words of substantive disclosure.

Summit Midstream Corporation (NYSE: SMC) filed its Form 10-Q for the quarterly period ended June 30, 2026 with the Securities and Exchange Commission on August 10, 2026, disclosing financial and operational information for the period.

Key Highlights

  • Share counts as of August 7, 2026: 13,783,618 shares of common stock and 6,524,467 shares of Class B common stock were outstanding, according to the filing.
  • Moonrise Acquisition: The company disclosed the acquisition of Moonrise Midstream, LLC from Fundare for approximately $90.0 million, consisting of a $70.0 million cash payment and the issuance of 462,265 shares of common stock.
  • New Permian Transmission Facility: On March 16, 2026, the company completed a $440.0 million refinancing of the Legacy Permian Transmission Credit Facilities and the Permian Term Loan Facility in the form of a new term loan facility.
  • Additional 2029 Secured Notes: The filing references $250,000,000 in aggregate principal amount of 8.625% Senior Secured Second Lien Notes due October 2029, issued on January 10, 2025.
  • Accelerated filer status: The company is classified as an accelerated filer and is not a smaller reporting company or emerging growth company, as indicated on the cover page.

Summit Midstream Q2 2026: Key Transactions and Capital Structure Disclosures

Summit Midstream Corporation, a Delaware corporation headquartered at 910 Louisiana Street, Suite 4200, Houston, TX 77002, filed its quarterly report covering the period ended June 30, 2026. The company's common stock is listed on the New York Stock Exchange under the ticker symbol SMC, with a par value of $0.01 per share. As of August 7, 2026, the filing reported 13,783,618 shares of common stock and 6,524,467 shares of Class B common stock outstanding.

Among the transactions disclosed in the filing's defined terms section, the company referenced the Moonrise Acquisition, described as "the acquisition of Moonrise from Fundare for approximately $90.0 million, consisting of (i) a $70.0 million cash payment and (ii) the issuance of 462,265 shares of common stock of the Company." The filing also references the Corporate Reorganization, described as "the August 1, 2024 consummation of a transaction that resulted in SMLP becoming a wholly owned subsidiary of a newly formed Delaware corporation, Summit Midstream Corporation (taxed as a C-corporation)."

On the debt side, the filing discloses that on March 16, 2026, the company completed the New Permian Transmission Facility, described as a $440.0 million refinancing of the Legacy Permian Transmission Credit Facilities and the Permian Term Loan Facility in the form of a new term loan facility, which paid off the prior Legacy Permian Transmission Credit Facilities in full. The filing also references the Additional 2029 Secured Notes, consisting of $250,000,000 in aggregate principal amount of 8.625% Senior Secured Second Lien Notes due October 2029, issued on January 10, 2025. The Double E Pipeline is described as "a 135 mile, 1.6 Bcf/d, FERC-regulated interstate natural gas transmission pipeline that provides transportation service from multiple receipt points in the Delaware Basin to various delivery points in and around the Waha hub in Texas."

What Was Disclosed

Summit Midstream Corporation filed its 10-Q for the quarter ended June 30, 2026, disclosing share counts as of August 7, 2026, the Moonrise Acquisition for approximately $90.0 million, a $440.0 million debt refinancing completed March 16, 2026, and $250,000,000 in senior secured notes issued January 10, 2025.