Summit Midstream (SMC) Change in Accured Expenses (2023 - 2026)
Summit Midstream (SMC) reported Change in Accured Expenses of $11.7 million for Q1 2026, up 64.62% on a YoY basis from $7.1 million in Q1 2025, and down 43.05% quarter-over-quarter from $20.6 million in Q4 2025.
Summit Midstream (SMC) Change in Accured Expenses (2023 - 2026) Analysis & Trends
Summit Midstream has reported Change in Accured Expenses for 4 years, with the latest figure at $11.7 million in Q1 2026.
- For the quarter ending Q1 2026, Change in Accured Expenses rose 64.62% year-over-year to $11.7 million; the trailing twelve-month figure through Mar 2026 stood at $12.9 million (up 167.92% YoY), and the FY2025 full-year result was $8.3 million, up 1433.44% from the prior year.
- Change in Accured Expenses for Q1 2026 stood at $11.7 million, down from $20.6 million in the prior quarter.
- The five-year high for Change in Accured Expenses was $25.5 million in Q1 2024, with the low at -$28.7 million in Q2 2024.
- Historically, Change in Accured Expenses has averaged $289300.0 across 4 years, with a median of $1.3 million in 2024.
- The largest YoY upside for Change in Accured Expenses was 524.67% in 2025 against a maximum downside of 258.79% in 2025.
- Summit Midstream's Change in Accured Expenses stood at -$16.5 million in 2023, then soared by 119.92% to $3.3 million in 2024, then surged by 524.67% to $20.6 million in 2025, then sank by 43.05% to $11.7 million in 2026.
- The last three Change in Accured Expenses figures came in at $11.7 million (Q1 2026), $20.6 million (Q4 2025), and -$2.8 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Accured Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | - |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | - |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | 27.00 Mn |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | - |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | 44.60 Mn |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | -15.00 Mn |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | -161.20 Mn |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | - |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | - |
| 10 | Summit Midstream | 365.55 Mn | 641.34 Mn | 100.93 Mn | 11.71 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 11.71 Mn |
| Mar 31, 2026 | 11.71 Mn |
| Dec 31, 2025 | 20.56 Mn |
| Dec 31, 2025 | 20.56 Mn |
| Sep 30, 2025 | -2.80 Mn |
| Sep 30, 2025 | -2.80 Mn |
| Jun 30, 2025 | -16.55 Mn |
| Jun 30, 2025 | -16.55 Mn |
| Mar 31, 2025 | 7.11 Mn |
| Mar 31, 2025 | 7.11 Mn |
| Dec 31, 2024 | 3.29 Mn |
| Dec 31, 2024 | 3.29 Mn |
| Sep 30, 2024 | -779,000.00 |
| Sep 30, 2024 | -779,000.00 |
| Jun 30, 2024 | -28.67 Mn |
| Jun 30, 2024 | -28.67 Mn |
| Mar 31, 2024 | 25.53 Mn |
| Mar 31, 2024 | 25.53 Mn |
| Dec 31, 2023 | -16.53 Mn |
| Dec 31, 2023 | -16.53 Mn |