Summit Midstream (SMC) Divestments (2024)
Summit Midstream's (SMC) quarterly Divestments came in at -$40.5 million in 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 (SMC) has 1 years of Divestments data on file, last reported at -$40.5 million in 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 improved to -$40.5 million in Q3 2024, from -$292.3 million in the prior quarter.
- In the past five years, Divestments ranged from a high of $625.0 million in Q1 2024 to a low of -$292.3 million in Q2 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Divestments (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 50.00 Mn |
| 2 | Enbridge | 110.69 Bn | 109.19 Bn | 5.23 Bn | 133.02 Mn |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - | 12.00 Mn |
| 4 | Energy Transfer | 72.64 Bn | 71.61 Bn | 7.40 Bn | 40.00 Mn |
| 5 | Tc Energy | 65.84 Bn | 58.29 Bn | 1.24 Bn | - |
| 6 | Mplx | 60.05 Bn | 59.02 Bn | 2.73 Bn | - |
| 7 | Oneok | 59.98 Bn | 59.82 Bn | 2.81 Bn | - |
| 8 | Targa Resources | 59.50 Bn | 59.37 Bn | 2.14 Bn | -2.10 Mn |
| 9 | Cheniere Energy | 55.93 Bn | 54.68 Bn | 5.29 Bn | - |
| 10 | Summit Midstream | 481.04 Mn | 460.07 Mn | 105.92 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 |