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| Date | Value |
|---|---|
| Sep 30, 2024 | -40.47 Mn |
| Jun 30, 2024 | -292.27 Mn |
| Mar 31, 2024 | 625.00 Mn |