Summit Midstream (SMC) Depreciation and Depletion (2023 - 2026)
Summit Midstream (SMC) reported Depreciation and Depletion of $23.2 million for Q1 2026, down 5.98% on a YoY basis from $24.7 million in Q1 2025, and up 1.24% quarter-over-quarter from $22.9 million in Q4 2025.
Summit Midstream (SMC) Depreciation and Depletion (2023 - 2026) Analysis & Trends
Summit Midstream has reported Depreciation and Depletion for 4 years, with the latest figure at $23.2 million in Q1 2026.
- For the quarter ending Q1 2026, Depreciation and Depletion fell 5.98% year-over-year to $23.2 million; the trailing twelve-month figure through Mar 2026 stood at $97.0 million (up 11.88% YoY), and the FY2025 full-year result was $98.9 million, up 15.49% from the prior year.
- Depreciation and Depletion for Q1 2026 stood at $23.2 million, up from $22.9 million in the prior quarter.
- The five-year high for Depreciation and Depletion was $25.9 million in Q2 2025, with the low at $20.0 million in Q3 2024.
- Historically, Depreciation and Depletion has averaged $23.3 million across 4 years, with a median of $23.6 million in 2024.
- Annual changes were most pronounced in 2024 — Depreciation and Depletion decreased 16.51% — and 2025, when it climbed 27.19%.
- Summit Midstream's Depreciation and Depletion 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 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | - |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 553.00 Mn |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | - |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | - |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | -41.49 Mn |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 315.00 Mn |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | 322.80 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 | 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 |