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