Summit Midstream (SMC) Long-Term Investments (2023 - 2026)
Summit Midstream (SMC) reported Long-Term Investments of $267.64 million for Q2 2026, down 0.2% from $268.31 million a year earlier but up 1.7% from the prior quarter.
Summit Midstream (SMC) Long-Term Investments (2023 - 2026) Analysis & Trends
At the end of FY2025, Summit Midstream posted Long-Term Investments of $265.58 million, down 1.5% from FY2024.
- By year, Long-Term Investments came in at $269.56 million in FY2024 (-44.6%) and $486.43 million in FY2023.
- Five-year quarterly Long-Term Investments spans a low of $263.23 million in Q1 2026 and a high of $486.43 million in Q4 2023.
- Year over year, Long-Term Investments has now declined in each of the last four quarters, with an average decline of 10.0% over the last five quarters.
- Per Business Quant data, the three quarters before Q2 2026 came in at $263.23 million (Q1 2026), $265.58 million (Q4 2025) and $267.46 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Long-Term Investments (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 101.05 Bn | 98.59 Bn | 4.84 Bn | 16.14 Bn |
| 2 | Williams Companies | 84.68 Bn | 83.39 Bn | 2.54 Bn | - |
| 3 | Enterprise Products Partners | 77.03 Bn | 75.46 Bn | - | 2.17 Bn |
| 4 | Energy Transfer | 69.18 Bn | 62.61 Bn | 7.40 Bn | 3.64 Bn |
| 5 | Kinder Morgan | 67.95 Bn | 68.90 Bn | 3.07 Bn | 7.71 Bn |
| 6 | Tc Energy | 61.01 Bn | 64.08 Bn | 2.81 Bn | 8.27 Bn |
| 7 | Targa Resources | 59.91 Bn | 59.53 Bn | 2.14 Bn | 317.50 Mn |
| 8 | Mplx | 57.11 Bn | 50.67 Bn | 2.91 Bn | 5.15 Bn |
| 9 | Cheniere Energy | 56.26 Bn | 56.39 Bn | 5.29 Bn | - |
| 10 | Summit Midstream | 621.61 Mn | 843.84 Mn | 105.92 Mn | 267.64 Mn |
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 |
Summit Midstream Long-Term Investments API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=long-term-investments&ticker=SMC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "long-term-investments", "ticker": "SMC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=long-term-investments&ticker=SMC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();