Summit Midstream SMC
NYSE SMC
$34.21 -0.17 (-0.49%)
At close: Sep 4, 2026 · 4:00 PM EDT

Summit Midstream (SMC) Change in Taxes (2023 - 2026)

Summit Midstream's (SMC) quarterly Change in Taxes came in at $2.2 million in Q2 2026, down 42.4% on a YoY basis from $3.9 million in Q2 2025, and up 143.15% quarter-over-quarter from -$5.2 million in Q1 2026.

Analysis

Summit Midstream (SMC) Change in Taxes (2023 - 2026) Analysis & Trends

Summit Midstream (SMC) has reported Change in Taxes for 4 consecutive years, with $2.2 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Change in Taxes fell 42.4% year-over-year to $2.2 million; the trailing twelve-month figure through Jun 2026 stood at -$1.8 million (down 142.44% YoY), and the FY2025 full-year result was $646000.0, down 35.46% from the prior year.
  • Change in Taxes climbed to $2.2 million in Q2 2026 per SMC's latest filing, from -$5.2 million in the prior quarter.
  • Across five years, Change in Taxes topped out at $3.9 million in Q2 2025 and bottomed at -$5.3 million in Q1 2024.
  • Historically, Change in Taxes has averaged -$67454.5 across 4 years, with a median of $1.5 million in 2024.
  • The sharpest annual moves came in 2024 and 2025: Change in Taxes jumped 302.61% in 2024, then sank 152.92% in 2025.
  • Over 4 years, Change in Taxes stood at $575000.0 in 2023, then soared by 302.61% to $2.3 million in 2024, then tumbled by 152.92% to -$1.2 million in 2025, then soared by 283.67% to $2.2 million in 2026.
  • According to Business Quant data, Change in Taxes over the past three periods registered $2.2 million, -$5.2 million, and -$1.2 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Taxes (Qtr)
1 Kinder Morgan 111.69 Bn 112.81 Bn 3.07 Bn 18.00 Mn
2 Enterprise Products Partners 84.07 Bn 83.21 Bn - -
3 Energy Transfer 74.03 Bn 73.00 Bn 7.40 Bn -
4 Tc Energy 65.16 Bn 64.62 Bn 1.80 Bn -
5 Targa Resources 62.18 Bn 62.19 Bn 2.14 Bn -
6 Mplx 60.51 Bn 59.48 Bn 2.73 Bn -
7 Oneok 60.16 Bn 60.09 Bn 2.81 Bn -
8 Enbridge 54.38 Bn 54.88 Bn 5.23 Bn -
9 Pembina Pipeline 28.12 Bn 27.76 Bn 933.00 Mn -108.00 Mn
10 Summit Midstream 694.72 Mn 994.24 Mn 105.92 Mn 2.25 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 2.25 Mn
Mar 31, 2026 -5.21 Mn
Dec 31, 2025 -1.23 Mn
Sep 30, 2025 2.41 Mn
Jun 30, 2025 3.91 Mn
Mar 31, 2025 -4.45 Mn
Dec 31, 2024 2.32 Mn
Sep 30, 2024 2.41 Mn
Jun 30, 2024 1.54 Mn
Mar 31, 2024 -5.26 Mn
Dec 31, 2023 575,000.00