Summit Midstream (SMC) Depreciation and Depletion (2023 - 2026)
Summit Midstream (SMC) posted Depreciation and Depletion of $23.2 million for Q1 2026, up 1.24% quarter-over-quarter from $22.9 million in Q4 2025, and down 5.98% year-on-year from $24.7 million in Q1 2025.
Summit Midstream (SMC) Depreciation and Depletion (2023 - 2026) Analysis & Trends
Summit Midstream (SMC) has reported Depreciation and Depletion for 4 consecutive years, with $23.2 million the latest figure, recorded in Q1 2026.
- Depreciation and Depletion for Q1 2026 came in at $23.2 million, down 5.98% year-over-year; the trailing twelve-month figure through Mar 2026 was $97.0 million (up 11.88% YoY), and the FY2025 annual result was $98.9 million, up 15.49% from the prior year.
- Depreciation and Depletion was $23.2 million for Q1 2026 at Summit Midstream, up from $22.9 million in the prior quarter.
- Over five years, Depreciation and Depletion peaked at $25.9 million in Q2 2025 and troughed at $20.0 million in Q3 2024.
- Average Depreciation and Depletion over 4 years is $23.3 million, with a median of $23.6 million recorded in 2024.
- Year-over-year, Depreciation and Depletion dropped 16.51% in 2024 and increased 27.19% in 2025.
- Over 4 years, Depreciation and Depletion stood at $25.2 million in 2023, then retreated by 13.77% to $21.7 million in 2024, then rose by 5.64% to $22.9 million in 2025, then increased by 1.24% to $23.2 million in 2026.
- Per Business Quant data, the three most recent Depreciation and Depletion figures were $23.2 million in Q1 2026, $22.9 million in Q4 2025, and $25.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Depreciation and Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | Imperial Petroleum | 209.86 Bn | 209.78 Bn | 50.64 Mn | - |
| 2 | Kinder Morgan | 112.10 Bn | 113.18 Bn | 3.08 Bn | - |
| 3 | Enterprise Products Partners | 79.05 Bn | 77.90 Bn | - | 553.00 Mn |
| 4 | Energy Transfer | 65.51 Bn | 64.79 Bn | 6.62 Bn | - |
| 5 | Mplx | 56.73 Bn | 55.22 Bn | 2.54 Bn | 315.00 Mn |
| 6 | Targa Resources | 55.40 Bn | 55.43 Bn | 1.70 Bn | 322.80 Mn |
| 7 | Oneok | 54.08 Bn | 53.95 Bn | 2.57 Bn | - |
| 8 | Cheniere Energy | 51.35 Bn | 53.55 Bn | 5.86 Bn | 371.00 Mn |
| 9 | Cheniere Energy Partners | 29.53 Bn | 29.25 Bn | 838.00 Mn | 173.00 Mn |
| 10 | Summit Midstream | 363.95 Mn | 639.74 Mn | 100.93 Mn | 23.22 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Dec 31, 2023 | 25.18 Mn |
| Dec 31, 2023 | 25.18 Mn |