Summit Midstream (SMC) Capital Expenditures (2023 - 2026)
Summit Midstream's (SMC) quarterly Capital Expenditures came in at $19.3 million in Q1 2026, down 6.45% YoY from $20.6 million in Q1 2025, and up 0.76% on a QoQ basis from $19.1 million in Q4 2025.
Summit Midstream (SMC) Capital Expenditures (2023 - 2026) Analysis & Trends
Summit Midstream (SMC) has 4 years of Capital Expenditures data on file, last reported at $19.3 million in 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 advanced to $19.3 million in Q1 2026, from $19.1 million in the prior quarter.
- In the past five years, Capital Expenditures ranged from a high of $26.4 million in Q2 2025 to a low of $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 retreated 17.29% — and 2025, when it jumped 150.81%.
- Tracing SMC's Capital Expenditures over 4 years: stood at $19.0 million in 2023, then dropped by 17.29% to $15.8 million in 2024, then gained by 21.47% to $19.1 million in 2025, then rose by 0.76% to $19.3 million in 2026.
- The last three Capital Expenditures figures came in at $19.3 million (Q1 2026), $19.1 million (Q4 2025), and $22.9 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 982.00 Mn |
| 2 | Enbridge | 110.69 Bn | 109.19 Bn | 5.23 Bn | 2.15 Bn |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - | 1.16 Bn |
| 4 | Energy Transfer | 72.64 Bn | 71.61 Bn | 7.40 Bn | 1.56 Bn |
| 5 | Tc Energy | 65.84 Bn | 58.29 Bn | 1.24 Bn | -3.61 Mn |
| 6 | Mplx | 60.05 Bn | 59.02 Bn | 2.73 Bn | 825.00 Mn |
| 7 | Oneok | 59.98 Bn | 59.82 Bn | 2.81 Bn | 613.00 Mn |
| 8 | Targa Resources | 59.50 Bn | 59.37 Bn | 2.14 Bn | 1.01 Bn |
| 9 | Cheniere Energy | 55.93 Bn | 54.68 Bn | 5.29 Bn | 1.18 Bn |
| 10 | Summit Midstream | 481.04 Mn | 460.07 Mn | 105.92 Mn | 24.99 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 24.99 Mn |
| Jun 30, 2026 | 24.99 Mn |
| 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 |