Summit Midstream SMC
NYSE SMC
$34.21 -0.17 (-0.49%)
At close: Sep 4, 2026 · 4:00 PM EDT

Summit Midstream (SMC) Other Working Capital Changes (2023 - 2026)

Summit Midstream's (SMC) quarterly Other Working Capital Changes came in at -$7.3 million in Q2 2026, down 502.99% on a YoY basis from $1.8 million in Q2 2025, and down 259.3% quarter-over-quarter from $4.6 million in Q1 2026.

Analysis

Summit Midstream (SMC) Other Working Capital Changes (2023 - 2026) Analysis & Trends

Summit Midstream (SMC) has reported Other Working Capital Changes for 4 consecutive years, with -$7.3 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Other Working Capital Changes fell 502.99% year-over-year to -$7.3 million; the trailing twelve-month figure through Jun 2026 stood at $3.2 million (down 82.26% YoY), and the FY2025 full-year result was $15.2 million, down 20.28% from the prior year.
  • Other Working Capital Changes declined to -$7.3 million in Q2 2026 per SMC's latest filing, from $4.6 million in the prior quarter.
  • Across five years, Other Working Capital Changes topped out at $10.5 million in Q1 2025 and bottomed at -$7.3 million in Q2 2026.
  • Historically, Other Working Capital Changes has averaged $3.5 million across 4 years, with a median of $4.0 million in 2024.
  • The sharpest annual moves came in 2025 and 2026: Other Working Capital Changes soared 54.74% in 2025, then sank 502.99% in 2026.
  • Over 4 years, Other Working Capital Changes stood at $6.6 million in 2023, then slumped by 32.23% to $4.5 million in 2024, then dropped by 17.78% to $3.7 million in 2025, then sank by 296.81% to -$7.3 million in 2026.
  • According to Business Quant data, Other Working Capital Changes over the past three periods registered -$7.3 million, $4.6 million, and $3.7 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Kinder Morgan 111.69 Bn 112.81 Bn 3.07 Bn
2 Enterprise Products Partners 84.07 Bn 83.21 Bn -
3 Energy Transfer 74.03 Bn 73.00 Bn 7.40 Bn
4 Tc Energy 65.16 Bn 64.62 Bn 1.80 Bn
5 Targa Resources 62.18 Bn 62.19 Bn 2.14 Bn
6 Mplx 60.51 Bn 59.48 Bn 2.73 Bn
7 Oneok 60.16 Bn 60.09 Bn 2.81 Bn
8 Enbridge 54.38 Bn 54.88 Bn 5.23 Bn
9 Pembina Pipeline 28.12 Bn 27.76 Bn 933.00 Mn
10 Summit Midstream 694.72 Mn 994.24 Mn 105.92 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -7.27 Mn
Jun 30, 2026 -7.27 Mn
Mar 31, 2026 4.57 Mn
Mar 31, 2026 4.57 Mn
Dec 31, 2025 3.70 Mn
Dec 31, 2025 3.70 Mn
Sep 30, 2025 2.17 Mn
Sep 30, 2025 2.17 Mn
Jun 30, 2025 -1.21 Mn
Jun 30, 2025 -1.21 Mn
Mar 31, 2025 10.54 Mn
Mar 31, 2025 10.54 Mn
Dec 31, 2024 4.49 Mn
Dec 31, 2024 4.49 Mn
Sep 30, 2024 3.95 Mn
Sep 30, 2024 3.95 Mn
Jun 30, 2024 3.80 Mn
Jun 30, 2024 3.80 Mn
Mar 31, 2024 6.81 Mn
Mar 31, 2024 6.81 Mn