Summit Midstream adds $90M DJ Basin acquisition, resumes preferred dividends, secures 440 MMcf/d Double E contracts

Filed March 16, 2026 · Period ending December 31, 2025 · Compared to 10-K Mar 11, 2025 · ~2 min read

Key Changes

• high

  Completed $90M Moonrise Acquisition in DJ Basin (March 2025), expanding processing capacity from 220 to 335 MMcf/d nameplate; funded with $70M cash and 462K shares, continuing DJ Basin consolidation strategy.

  Business: Moonrise Acquisition verify on EDGAR →
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  Board approved $46.6M accumulated preferred dividend payment (March 2026), ending suspension in place since May 2020; paid $13.4M during 2025, signaling improved liquidity and commitment to preferred holders.

  Business: Series A Preferred Stock dividend resumption verify on EDGAR →
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  Double E secured two 11-year contracts totaling 440 MMcf/d firm capacity (210 MMcf/d starting Q4 2026, 230 MMcf/d Q4 2027), adding ~27% to existing 1.1 Bcf/d MVC base and extending revenue visibility through late 2030s.

  Business: Double E commercial expansion verify on EDGAR →