Summit Midstream (SMC) Payables (2023 - 2026)

Summit Midstream (SMC) reported Payables of $27.6 million for Q1 2026, down 13.61% on a YoY basis from $31.9 million in Q1 2025, and down 12.85% quarter-over-quarter from $31.7 million in Q4 2025.

Summit Midstream (SMC) Payables (2023 - 2026) Analysis & Trends

Summit Midstream has reported Payables for 4 years, with the latest figure at $27.6 million in Q1 2026.

  • For the quarter ending Q1 2026, Payables fell 13.61% year-over-year to $27.6 million; the trailing twelve-month figure through Mar 2026 stood at $27.6 million (down 13.61% YoY), and the FY2025 full-year result was $31.7 million, up 25.79% from the prior year.
  • Payables for Q1 2026 stood at $27.6 million, down from $31.7 million in the prior quarter.
  • The five-year high for Payables was $36.3 million in Q3 2025, with the low at $12.9 million in Q3 2024.
  • Historically, Payables has averaged $27.4 million across 4 years, with a median of $29.2 million in 2025.
  • Annual changes were most pronounced in 2025 — Payables surged 180.35% — and 2026, when it fell 13.61%.
  • Summit Midstream's Payables stood at $22.7 million in 2023, then advanced by 10.78% to $25.2 million in 2024, then grew by 25.79% to $31.7 million in 2025, then decreased by 12.85% to $27.6 million in 2026.
  • The last three Payables figures came in at $27.6 million (Q1 2026), $31.7 million (Q4 2025), and $36.3 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Payables (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn 8.24 Bn
2 Enterprise Products Partners 80.83 Bn 79.68 Bn - 1.30 Bn
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn 1.37 Bn
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn 13.14 Bn
5 Scorpio Tankers 59.17 Bn 58.19 Bn - 37.45 Mn
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn 126.00 Mn
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn 1.99 Bn
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn 5.22 Bn
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn 5.29 Bn
10 Summit Midstream 365.55 Mn 641.34 Mn 100.93 Mn 27.59 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 27.59 Mn
Dec 31, 2025 31.65 Mn
Sep 30, 2025 36.26 Mn
Jun 30, 2025 30.88 Mn
Mar 31, 2025 31.93 Mn
Dec 31, 2024 25.16 Mn
Sep 30, 2024 12.93 Mn
Dec 31, 2023 22.71 Mn