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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |