Summit Midstream (SMC) Long-Term Investments (2023 - 2026)
Summit Midstream's (SMC) quarterly Long-Term Investments came in at $263.2 million in Q1 2026, down 2.58% YoY from $270.2 million in Q1 2025, and down 0.89% on a QoQ basis from $265.6 million in Q4 2025.
Summit Midstream (SMC) Long-Term Investments (2023 - 2026) Analysis & Trends
Summit Midstream (SMC) has 4 years of Long-Term Investments data on file, last reported at $263.2 million in Q1 2026.
- Quarterly Long-Term Investments fell 2.58% year-over-year to $263.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $263.2 million (down 2.58% YoY) and the FY2025 annual result came in at $265.6 million, down 1.48% from the prior year.
- Long-Term Investments retreated to $263.2 million in Q1 2026, from $265.6 million in the prior quarter.
- In the past five years, Long-Term Investments ranged from a high of $486.4 million in Q4 2023 to a low of $263.2 million in Q1 2026.
- A 4-year average of $295.1 million and a median of $268.9 million in 2024 frame the typical range for Long-Term Investments.
- Annual changes were most pronounced in 2024 — Long-Term Investments slumped 44.58% — and 2025, when it fell 0.92%.
- Tracing SMC's Long-Term Investments over 4 years: stood at $486.4 million in 2023, then slumped by 44.58% to $269.6 million in 2024, then retreated by 1.48% to $265.6 million in 2025, then retreated by 0.89% to $263.2 million in 2026.
- The last three Long-Term Investments figures came in at $263.2 million (Q1 2026), $265.6 million (Q4 2025), and $267.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Long-Term Investments (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 7.71 Bn |
| 2 | Enbridge | 110.69 Bn | 109.19 Bn | 5.23 Bn | 16.14 Bn |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - | 2.17 Bn |
| 4 | Energy Transfer | 72.64 Bn | 71.61 Bn | 7.40 Bn | 3.64 Bn |
| 5 | Tc Energy | 65.84 Bn | 58.29 Bn | 1.24 Bn | 8.27 Bn |
| 6 | Mplx | 60.05 Bn | 59.02 Bn | 2.73 Bn | 5.15 Bn |
| 7 | Oneok | 59.98 Bn | 59.82 Bn | 2.81 Bn | 14.47 Bn |
| 8 | Targa Resources | 59.50 Bn | 59.37 Bn | 2.14 Bn | 317.50 Mn |
| 9 | Cheniere Energy | 55.93 Bn | 54.68 Bn | 5.29 Bn | 735.00 Mn |
| 10 | Summit Midstream | 481.04 Mn | 460.07 Mn | 105.92 Mn | 267.64 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 267.64 Mn |
| Mar 31, 2026 | 263.23 Mn |
| Dec 31, 2025 | 265.58 Mn |
| Sep 30, 2025 | 267.46 Mn |
| Jun 30, 2025 | 268.31 Mn |
| Mar 31, 2025 | 270.20 Mn |
| Dec 31, 2024 | 269.56 Mn |
| Sep 30, 2024 | 269.94 Mn |
| Dec 31, 2023 | 486.43 Mn |