Summit Midstream (SMC) Long-Term Investments (2023 - 2026)
Summit Midstream's (SMC) quarterly Long-Term Investments came in at $267.6 million in Q2 2026, little changed on a YoY basis from $268.3 million in Q2 2025, and up 1.68% quarter-over-quarter from $263.2 million in Q1 2026.
Analysis
Summit Midstream (SMC) Long-Term Investments (2023 - 2026) Analysis & Trends
Summit Midstream (SMC) has reported Long-Term Investments for 4 consecutive years, with $267.6 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Long-Term Investments changed 0.25% year-over-year to $267.6 million; the trailing twelve-month figure through Jun 2026 stood at $267.6 million (changed 0.25% YoY), and the FY2025 full-year result was $265.6 million, down 1.48% from the prior year.
- Long-Term Investments advanced to $267.6 million in Q2 2026 per SMC's latest filing, from $263.2 million in the prior quarter.
- Across five years, Long-Term Investments topped out at $486.4 million in Q4 2023 and bottomed at $263.2 million in Q1 2026.
- Historically, Long-Term Investments has averaged $292.0 million across 4 years, with a median of $268.3 million in 2025.
- The sharpest annual moves came in 2024 and 2026: Long-Term Investments tumbled 44.58% in 2024, then fell 0.25% in 2026.
- Over 4 years, Long-Term Investments stood at $486.4 million in 2023, then plunged by 44.58% to $269.6 million in 2024, then slipped by 1.48% to $265.6 million in 2025, then increased by 0.77% to $267.6 million in 2026.
- According to Business Quant data, Long-Term Investments over the past three periods registered $267.6 million, $263.2 million, and $265.6 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Long-Term Investments (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 111.69 Bn | 112.81 Bn | 3.07 Bn | 7.71 Bn |
| 2 | Enterprise Products Partners | 84.07 Bn | 83.21 Bn | - | 2.17 Bn |
| 3 | Energy Transfer | 74.03 Bn | 73.00 Bn | 7.40 Bn | 3.64 Bn |
| 4 | Tc Energy | 65.16 Bn | 64.62 Bn | 1.80 Bn | 8.27 Bn |
| 5 | Targa Resources | 62.18 Bn | 62.19 Bn | 2.14 Bn | 317.50 Mn |
| 6 | Mplx | 60.51 Bn | 59.48 Bn | 2.73 Bn | 5.15 Bn |
| 7 | Oneok | 60.16 Bn | 60.09 Bn | 2.81 Bn | 14.47 Bn |
| 8 | Enbridge | 54.38 Bn | 54.88 Bn | 5.23 Bn | 16.14 Bn |
| 9 | Pembina Pipeline | 28.12 Bn | 27.76 Bn | 933.00 Mn | 4.47 Bn |
| 10 | Summit Midstream | 694.72 Mn | 994.24 Mn | 105.92 Mn | 267.64 Mn |
Historic Data
Download Data
Historic 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 |