Summit Midstream (SMC) Divestments (2024)
Summit Midstream (SMC) posted Divestments of -$40.5 million for Q4 2024, down 200.0% quarter-over-quarter from $40.5 million in Q3 2024.
Summit Midstream (SMC) Divestments (2024) Analysis & Trends
Summit Midstream (SMC) has reported Divestments for 1 consecutive years, with -$40.5 million the latest figure, recorded in Q4 2024.
- Divestments for Q4 2024 came in at -$40.5 million, changed N/A year-over-year; the trailing twelve-month figure through Sep 2025 was -$40.5 million (down 112.16% YoY), and the FY2024 annual result was $292.3 million, changed N/A from the prior year.
- Divestments was -$40.5 million for Q4 2024 at Summit Midstream, down from $40.5 million in the prior quarter.
- Over five years, Divestments peaked at $625.0 million in Q1 2024 and troughed at -$332.7 million in Q2 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Divestments (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 | 46.00 Mn |
| 3 | Enterprise Products Partners | 79.05 Bn | 77.90 Bn | - | 11.00 Mn |
| 4 | Energy Transfer | 65.51 Bn | 64.79 Bn | 6.62 Bn | 39.00 Mn |
| 5 | Mplx | 56.73 Bn | 55.22 Bn | 2.54 Bn | - |
| 6 | Targa Resources | 55.40 Bn | 55.43 Bn | 1.70 Bn | 3.00 Mn |
| 7 | Oneok | 54.08 Bn | 53.95 Bn | 2.57 Bn | - |
| 8 | Cheniere Energy | 51.35 Bn | 53.55 Bn | 5.86 Bn | - |
| 9 | Cheniere Energy Partners | 29.53 Bn | 29.25 Bn | 838.00 Mn | - |
| 10 | Summit Midstream | 363.95 Mn | 639.74 Mn | 100.93 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | -40.47 Mn |
| Sep 30, 2024 | 40.47 Mn |
| Jun 30, 2024 | -332.73 Mn |
| Mar 31, 2024 | 625.00 Mn |