Summit Midstream (SMC) Payables (2023 - 2026)

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

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

Summit Midstream (SMC) has reported Payables for 4 consecutive years, with $27.6 million the latest figure, recorded in Q1 2026.

  • Payables for Q1 2026 came in at $27.6 million, down 13.61% year-over-year; the trailing twelve-month figure through Mar 2026 was $27.6 million (down 13.61% YoY), and the FY2025 annual result was $31.7 million, up 25.79% from the prior year.
  • Payables was $27.6 million for Q1 2026 at Summit Midstream, down from $31.7 million in the prior quarter.
  • Over five years, Payables peaked at $36.3 million in Q3 2025 and troughed at $12.9 million in Q3 2024.
  • A 4-year average of $27.4 million and a median of $29.2 million in 2025 frame the typical range for Payables.
  • Annual changes were most pronounced in 2025 — Payables soared 180.35% — and 2026, when it retreated 13.61%.
  • Year by year, Payables stood at $22.7 million in 2023, then grew by 10.78% to $25.2 million in 2024, then rose by 25.79% to $31.7 million in 2025, then dropped by 12.85% to $27.6 million in 2026.
  • Per Business Quant, the three latest SMC Payables figures stand at $27.6 million (Q1 2026), $31.7 million (Q4 2025), and $36.3 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Payables (Qtr)
1 Enbridge 1,308.38 Bn 1,309.08 Bn 6.70 Bn 8.24 Bn
2 Kinder Morgan 112.34 Bn 113.42 Bn 3.08 Bn 1.37 Bn
3 Enterprise Products Partners 79.55 Bn 78.40 Bn - 1.30 Bn
4 Energy Transfer 65.78 Bn 65.07 Bn 6.62 Bn 13.14 Bn
5 Targa Resources 57.60 Bn 57.63 Bn 1.70 Bn 1.99 Bn
6 Mplx 57.17 Bn 55.67 Bn 2.54 Bn 126.00 Mn
7 Oneok 54.83 Bn 54.70 Bn 2.57 Bn 5.22 Bn
8 Cheniere Energy Partners 29.50 Bn 29.22 Bn 838.00 Mn 52.00 Mn
9 Venture Global 27.41 Bn 27.36 Bn 4.33 Bn 817.00 Mn
10 Summit Midstream 351.13 Mn 626.92 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