Summit Midstream (SMC) Depreciation and Depletion (2023 - 2026)
Summit Midstream's (SMC) quarterly Depreciation and Depletion came in at $23.2 million in Q1 2026, down 5.98% YoY from $24.7 million in Q1 2025, and up 1.24% on a QoQ basis from $22.9 million in Q4 2025.
Summit Midstream (SMC) Depreciation and Depletion (2023 - 2026) Analysis & Trends
Summit Midstream (SMC) has 4 years of Depreciation and Depletion data on file, last reported at $23.2 million in Q1 2026.
- Quarterly Depreciation and Depletion fell 5.98% year-over-year to $23.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $97.0 million (up 11.88% YoY) and the FY2025 annual result came in at $98.9 million, up 15.49% from the prior year.
- Depreciation and Depletion climbed to $23.2 million in Q1 2026, from $22.9 million in the prior quarter.
- In the past five years, Depreciation and Depletion ranged from a high of $25.9 million in Q2 2025 to a low of $20.0 million in Q3 2024.
- A 4-year average of $23.3 million and a median of $23.6 million in 2024 frame the typical range for Depreciation and Depletion.
- Annual changes were most pronounced in 2024 — Depreciation and Depletion decreased 16.51% — and 2025, when it climbed 27.19%.
- Tracing SMC's Depreciation and Depletion over 4 years: stood at $25.2 million in 2023, then dropped by 13.77% to $21.7 million in 2024, then climbed by 5.64% to $22.9 million in 2025, then advanced by 1.24% to $23.2 million in 2026.
- The last three Depreciation and Depletion figures came in at $23.2 million (Q1 2026), $22.9 million (Q4 2025), and $25.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Depreciation and Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | - |
| 2 | Enbridge | 110.69 Bn | 109.19 Bn | 5.23 Bn | - |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - | 562.00 Mn |
| 4 | Energy Transfer | 72.64 Bn | 71.61 Bn | 7.40 Bn | - |
| 5 | Tc Energy | 65.84 Bn | 58.29 Bn | 1.24 Bn | - |
| 6 | Mplx | 60.05 Bn | 59.02 Bn | 2.73 Bn | 320.00 Mn |
| 7 | Oneok | 59.98 Bn | 59.82 Bn | 2.81 Bn | - |
| 8 | Targa Resources | 59.50 Bn | 59.37 Bn | 2.14 Bn | 351.10 Mn |
| 9 | Cheniere Energy | 55.93 Bn | 54.68 Bn | 5.29 Bn | 378.00 Mn |
| 10 | Summit Midstream | 481.04 Mn | 460.07 Mn | 105.92 Mn | 23.35 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 23.35 Mn |
| Jun 30, 2026 | 23.35 Mn |
| Mar 31, 2026 | 23.22 Mn |
| Mar 31, 2026 | 23.22 Mn |
| Dec 31, 2025 | 22.93 Mn |
| Dec 31, 2025 | 22.93 Mn |
| Sep 30, 2025 | 25.00 Mn |
| Sep 30, 2025 | 25.00 Mn |
| Jun 30, 2025 | 25.89 Mn |
| Jun 30, 2025 | 25.89 Mn |
| Mar 31, 2025 | 24.70 Mn |
| Mar 31, 2025 | 24.70 Mn |
| Dec 31, 2024 | 21.71 Mn |
| Dec 31, 2024 | 21.71 Mn |
| Sep 30, 2024 | 19.98 Mn |
| Sep 30, 2024 | 19.98 Mn |
| Jun 30, 2024 | 20.36 Mn |
| Jun 30, 2024 | 20.36 Mn |
| Mar 31, 2024 | 23.57 Mn |
| Mar 31, 2024 | 23.57 Mn |