Summit Midstream (SMC) Depreciation and Depletion (2023 - 2026)
Summit Midstream's Depreciation and Depletion came in at $23.35 million for Q2 2026, down 9.8% from $25.89 million a year earlier but up 0.6% from the prior quarter.
Summit Midstream (SMC) Depreciation and Depletion (2023 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Summit Midstream reported Depreciation and Depletion of $94.5 million, up 2.4% year-over-year; for FY2025, it was $98.88 million, up 15.5% from FY2024.
- Going back by year, Depreciation and Depletion was $85.62 million in FY2024 (-10.2%) and $95.31 million in FY2023.
- The five-year range for quarterly Depreciation and Depletion is $19.98 million (Q3 2024) to $25.89 million (Q2 2025).
- Year-over-year, Depreciation and Depletion increased in four of the last eight quarters, with growth averaging 2.1%.
- The fastest year-over-year change in Depreciation and Depletion over five years came in Q2 2025 (growth of 27.2%), and the weakest in Q3 2024 (a decline of 16.5%).
- Business Quant data shows SMC's Depreciation and Depletion at $23.22 million (Q1 2026), $22.93 million (Q4 2025) and $25 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Dep. & Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 100.40 Bn | 97.94 Bn | 4.84 Bn | - |
| 2 | Williams Companies | 86.28 Bn | 85.00 Bn | 2.54 Bn | - |
| 3 | Enterprise Products Partners | 78.15 Bn | 76.58 Bn | - | 562.00 Mn |
| 4 | Energy Transfer | 70.55 Bn | 63.99 Bn | 7.40 Bn | - |
| 5 | Kinder Morgan | 69.13 Bn | 70.08 Bn | 3.07 Bn | - |
| 6 | Tc Energy | 61.50 Bn | 64.57 Bn | 2.81 Bn | - |
| 7 | Targa Resources | 60.39 Bn | 60.01 Bn | 2.14 Bn | 351.10 Mn |
| 8 | Mplx | 57.19 Bn | 50.75 Bn | 2.91 Bn | 320.00 Mn |
| 9 | Cheniere Energy | 55.74 Bn | 55.87 Bn | 5.29 Bn | 378.00 Mn |
| 10 | Summit Midstream | 626.28 Mn | 848.51 Mn | 105.92 Mn | 23.35 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 23.35 Mn |
| Mar 31, 2026 | 23.22 Mn |
| Dec 31, 2025 | 22.93 Mn |
| Sep 30, 2025 | 25.00 Mn |
| Jun 30, 2025 | 25.89 Mn |
| Mar 31, 2025 | 24.70 Mn |
| Dec 31, 2024 | 21.71 Mn |
| Sep 30, 2024 | 19.98 Mn |
| Jun 30, 2024 | 20.36 Mn |
| Mar 31, 2024 | 23.57 Mn |
| Dec 31, 2023 | 25.18 Mn |
| Sep 30, 2023 | 23.93 Mn |
Summit Midstream Depreciation and Depletion API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=depreciation-and-depletion&ticker=SMC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "depreciation-and-depletion", "ticker": "SMC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=depreciation-and-depletion&ticker=SMC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();