Summit Midstream (SMC) Divestments (2024)

Summit Midstream (SMC) posted Divestments of -$40.5 million for Q3 2024, up 86.15% on a QoQ basis from -$292.3 million in Q2 2024.

Summit Midstream (SMC) Divestments (2024) Analysis & Trends

Summit Midstream's Divestments history runs 1 years deep, the most recent figure standing at -$40.5 million for Q3 2024.

  • Quarterly Divestments changed N/A year-over-year to -$40.5 million in Q3 2024, while the trailing twelve-month figure through Jun 2025 was -$40.5 million (changed N/A YoY) and the FY2024 annual result came in at $292.3 million, changed N/A from the prior year.
  • Divestments was -$40.5 million for Q3 2024 at Summit Midstream, up from -$292.3 million in the prior quarter.
  • Across five years, Divestments topped out at $625.0 million in Q1 2024 and bottomed at -$292.3 million in Q2 2024.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Divestments (Qtr)
1 DHT Holdings 2,706.13 Bn 2,706.00 Bn 167.16 Mn -
2 Flex LNG 1,674.16 Bn 1,673.77 Bn 61.79 Mn -
3 Kinder Morgan 112.74 Bn 113.82 Bn 3.07 Bn 50.00 Mn
4 Enbridge 89.82 Bn 89.03 Bn 6.70 Bn 155.32 Mn
5 Enterprise Products Partners 83.97 Bn 82.82 Bn - 11.00 Mn
6 Tc Energy 72.76 Bn 73.95 Bn 1.36 Bn -
7 Energy Transfer 70.27 Bn 69.30 Bn 6.62 Bn 39.00 Mn
8 Targa Resources 61.30 Bn 61.34 Bn 1.70 Bn 3.00 Mn
9 Oneok 61.15 Bn 61.02 Bn 8.98 Bn -
10 Summit Midstream 371.60 Mn 647.38 Mn 99.77 Mn -

Historic Data

Download Data
DateValue
Sep 30, 2024 -40.47 Mn
Jun 30, 2024 -292.27 Mn
Mar 31, 2024 625.00 Mn