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Summit Midstream Partners, LP(SMC) - 2025 Q1 - Quarterly Report
2025-05-13 04:25
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 or o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-42201 Summit Midstream Corporation (Exact name of registrant as specified in its charter) Delaware (State or ...
Summit Midstream Partners, LP(SMC) - 2025 Q1 - Earnings Call Transcript
2025-05-08 23:02
Summit Midstream Partners (SMC) Q1 2025 Earnings Call May 08, 2025 10:00 AM ET Company Participants Randall Burton - Director of FinanceJ. Heath Deneke - President, Chairman & CEOBill Mault - EVP & CFO Operator Thank you for standing by. My name is Dee, and I will be your conference operator today. At this time, I would like to welcome everyone to the First Quarter twenty twenty five Summit Midstream Corporation Earnings Conference Call. All lines have been placed on mute to prevent any background noise. Af ...
Summit Midstream Partners, LP(SMC) - 2025 Q1 - Earnings Call Transcript
2025-05-08 23:00
Summit Midstream Partners (SMC) Q1 2025 Earnings Call May 08, 2025 10:00 AM ET Speaker0 Thank you for standing by. My name is Dee, and I will be your conference operator today. At this time, I would like to welcome everyone to the First Quarter twenty twenty five Summit Midstream Corporation Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question and answer Thank you. I would now like to turn the call over to Randall ...
Summit Midstream Partners, LP(SMC) - 2025 Q1 - Quarterly Results
2025-05-08 21:43
EXHIBIT 99.1 Summit Midstream Corporation 910 Louisiana Street, Suite 4200 Houston, TX 77002 Summit Midstream Corporation Reports First Quarter 2025 Financial and Operating Results Houston, Texas (May 7, 2025) – 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 Management Commentary Heath Deneke, President, Chief Executive Officer and Chairman, commented, "Summit's first quarte ...
Summit Midstream Corporation Reports First Quarter 2025 Financial and Operating Results
Prnewswire· 2025-05-08 04:27
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 ...
Summit Midstream Corporation Schedules First Quarter 2025 Earnings Call
Prnewswire· 2025-04-25 19:00
HOUSTON, April 25, 2025 /PRNewswire/ -- Summit Midstream Corporation (NYSE: SMC) ("Summit", "SMC" or the "Company") announced today that it will report operating and financial results for the first quarter of 2025 on Thursday, May 8, 2025, before the open of trading on the New York Stock Exchange. First Quarter 2025 Earnings Call SMC will host a conference call at 10:00 a.m. Eastern on May 8, 2025, to discuss its quarterly operating and financial results. The call can be accessed via teleconference at: Q1 2 ...
Sulliden Acquires Portion of Nickel, Zinc, and Lead Mining Exploration Project in Poland
Globenewswire· 2025-04-07 19:30
文章核心观点 公司间接收购波兰镍、锌和铅矿勘探项目5.2%权益,介绍项目情况及公司战略投资意义,还宣布授予股票期权 [1][7][8] 收购情况 - 公司于2025年4月3日通过购买Sustainable Royalty Corp. 10%已发行股份,间接获得波兰项目5.2%权益,卖方为前公司高管Stan Bharti [1][2] - 公司支付10万加元,承诺在交易完成六个月内为项目额外投入25万欧元,交易为公平交易,未支付中介费,未导致公司控制权变更 [2] 项目情况 Szklary镍矿 - 位于波兰弗罗茨瓦夫以南约50公里,镍红土矿呈南北走向,地表下20米内有镍红土矿出露,历史产量350万吨,镍品位0.79%,约2.8万吨 [3] - 苏联时期曾钻约2500个孔,2022年有符合NI 43 - 101标准的技术报告,公司预计钻30个孔确认历史推断矿产资源,还将勘探深部硫化物矿床 [3] - 该矿有符合JORC标准的历史推断矿产资源3290万吨,镍品位0.70% [3] Dabrowka锌铅矿 - 位于波兰卡托维兹以北25公里,有已采空竖井,需打一个最深80米的小斜井,公司预计无需太多初步开发 [4] - 原位历史非合规推断矿产资源经估算,锌2240万吨,品位2.8%,约63.494万吨;铅2240万吨,品位0.7%,约15.4万吨,公司预计钻27个孔补充历史勘探 [4] 项目优势 - 两个冶炼厂距项目不到20公里,可通过铁路运输 [5] - 项目采用房柱式采矿法和斜井开采,矿石磁选技术在多个矿山已得到应用 [5] - 距主矿4 - 50米深处80 - 100米处可能存在第二个锌铅矿床 [5] 公司动态 - 公司宣布待监管批准,已根据股票期权计划向部分董事、高管和顾问授予317.5万份股票期权,期权立即归属,行权价0.05美元/份,有效期四年,相关普通股有四个月限售期 [8] 公司简介 - 公司目前是一家矿业公司,专注于在美洲、澳大利亚、非洲和欧洲收购和推进棕地、开发阶段和早期生产阶段的矿业项目 [9]
Summit Midstream: Likely Common Dividend Resumption Could Pop The Stock
Seeking Alpha· 2025-03-29 05:44
投资专家信息 - Cashfow Hunter有超25年市场经验,近20年担任对冲基金投资组合经理,投资债务和股票市场的经验使其对市场有独特见解,成功预测硅谷银行的崩溃,拥有沃顿商学院和麻省理工学院学位 [2] - 有人领导投资集团Catalyst Hedge Investing,分享最佳多空投资理念,寻找具有不对称风险/回报和明确催化剂的投资理念 [1] 投资权益 - 分析师通过股票、期权或其他衍生品对SMC股票持有长期实益头寸 [3]
Summit Midstream Corporation Announces 2024 K-1 Tax Package Availability
Prnewswire· 2025-03-29 04:05
文章核心观点 公司宣布2024年税务套餐已可在线获取并将邮寄给单位持有人,因2024年8月1日从有限合伙制转为公司制,2024年后不再发布税务套餐 [1] 公司业务信息 - 公司是一家以价值为导向的企业,专注于开发、拥有和运营位于美国本土非常规资源盆地核心产区的中游能源基础设施资产 [2] - 公司主要依据长期、收费型协议,为五个非常规资源盆地的客户和交易对手提供天然气、原油和采出水的收集、处理和运输服务 [2] - 公司对Double E Pipeline, LLC进行权益法投资,该公司提供从特拉华盆地多个接收点到得克萨斯州瓦哈枢纽及其周边各交付点的州际天然气运输服务 [2] 税务套餐信息 - 2024年税务套餐已可在https://partnerdatalink.com/Summit在线获取,单位持有人如有需要可联系Partner DataLink [1] - 公司本周将开始向单位持有人邮寄2024年税务套餐,2024年后不再发布税务套餐 [1]
Sulliden Announces Management and Board Changes, Private Placement Financings, and Annual General and Special Meeting
Globenewswire· 2025-03-25 19:30
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES TORONTO, March 25, 2025 (GLOBE NEWSWIRE) -- Sulliden Mining Capital Inc. (“Sulliden” or the “Company”) (TSX: SMC) is pleased to announce that Fred Leigh has been appointed as the president and chief executive officer and a director of the Company, effective immediately. Mr. Leigh has almost 40 years of experience working with early-stage companies and has had a significant role as founder, director and/or investo ...