Summit Midstream (SMC) Capital Expenditures (2023 - 2026)
Summit Midstream (SMC) posted Capital Expenditures of $19.3 million for Q1 2026, up 0.76% on a QoQ basis from $19.1 million in Q4 2025, and down 6.45% year-over-year from $20.6 million in Q1 2025.
Summit Midstream (SMC) Capital Expenditures (2023 - 2026) Analysis & Trends
Summit Midstream's Capital Expenditures history runs 4 years deep, the most recent figure standing at $19.3 million for Q1 2026.
- Quarterly Capital Expenditures fell 6.45% year-over-year to $19.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $87.7 million (up 51.7% YoY) and the FY2025 annual result came in at $89.0 million, up 66.09% from the prior year.
- Capital Expenditures was $19.3 million for Q1 2026 at Summit Midstream, up from $19.1 million in the prior quarter.
- Across five years, Capital Expenditures topped out at $26.4 million in Q2 2025 and bottomed at $10.5 million in Q2 2024.
- A 4-year average of $18.1 million and a median of $19.1 million in 2023 frame the typical range for Capital Expenditures.
- Annual changes were most pronounced in 2024 — Capital Expenditures dropped 17.29% — and 2025, when it jumped 150.81%.
- Summit Midstream's Capital Expenditures stood at $19.0 million in 2023, then fell by 17.29% to $15.8 million in 2024, then climbed by 21.47% to $19.1 million in 2025, then advanced by 0.76% to $19.3 million in 2026.
- Business Quant data shows SMC's Capital Expenditures at $19.3 million in Q1 2026, $19.1 million in Q4 2025, and $22.9 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | -166,000.00 |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | -3.03 Mn |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 982.00 Mn |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 1.78 Bn |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 983.00 Mn |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | -2.87 Mn |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 1.92 Bn |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 899.50 Mn |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 864.00 Mn |
| 10 | Summit Midstream | 371.60 Mn | 647.38 Mn | 99.77 Mn | 19.28 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 19.28 Mn |
| Mar 31, 2026 | 19.28 Mn |
| Dec 31, 2025 | 19.13 Mn |
| Dec 31, 2025 | 19.13 Mn |
| Sep 30, 2025 | 22.91 Mn |
| Sep 30, 2025 | 22.91 Mn |
| Jun 30, 2025 | 26.39 Mn |
| Jun 30, 2025 | 26.39 Mn |
| Mar 31, 2025 | 20.61 Mn |
| Mar 31, 2025 | 20.61 Mn |
| Dec 31, 2024 | 15.75 Mn |
| Dec 31, 2024 | 15.75 Mn |
| Sep 30, 2024 | 10.94 Mn |
| Sep 30, 2024 | 10.94 Mn |
| Jun 30, 2024 | 10.52 Mn |
| Jun 30, 2024 | 10.52 Mn |
| Mar 31, 2024 | 16.40 Mn |
| Mar 31, 2024 | 16.40 Mn |
| Dec 31, 2023 | 19.04 Mn |
| Dec 31, 2023 | 19.04 Mn |