Summit Midstream (SMC) Preferred Dividend Payments (2023 - 2026)
Summit Midstream (SMC) reported Preferred Dividend Payments of -$5.3 million for Q1 2026, down 180.6% on a YoY basis from $6.6 million in Q1 2025, and up 34.44% quarter-over-quarter from -$8.1 million in Q4 2025.
Summit Midstream (SMC) Preferred Dividend Payments (2023 - 2026) Analysis & Trends
Summit Midstream has reported Preferred Dividend Payments for 4 years, with the latest figure at -$5.3 million in Q1 2026.
- For the quarter ending Q1 2026, Preferred Dividend Payments fell 180.6% year-over-year to -$5.3 million; the trailing twelve-month figure through Mar 2026 stood at -$23.0 million (up 91.27% YoY), and the FY2025 full-year result was -$19.6 million, up 85.56% from the prior year.
- Preferred Dividend Payments for Q1 2026 stood at -$5.3 million, up from -$8.1 million in the prior quarter.
- The five-year high for Preferred Dividend Payments was $125.9 million in Q1 2024, with the low at -$204.9 million in Q3 2024.
- Historically, Preferred Dividend Payments has averaged -$16.8 million across 4 years, with a median of -$8.0 million in 2025.
- Annual changes were most pronounced in 2024 — Preferred Dividend Payments slumped 7344.28% — and 2025, when it surged 99.23%.
- Summit Midstream's Preferred Dividend Payments stood at -$22.0 million in 2023, then dropped by 16.29% to -$25.5 million in 2024, then surged by 68.37% to -$8.1 million in 2025, then jumped by 34.44% to -$5.3 million in 2026.
- The last three Preferred Dividend Payments figures came in at -$5.3 million (Q1 2026), -$8.1 million (Q4 2025), and -$1.6 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Pref Dividends (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | 78.03 Mn |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 1.00 Mn |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | - |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | -1.00 Mn |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | - |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | - |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | - |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | - |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | -20.80 Mn |
| 10 | Summit Midstream | 365.55 Mn | 641.34 Mn | 100.93 Mn | -5.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -5.30 Mn |
| Dec 31, 2025 | -8.08 Mn |
| Sep 30, 2025 | -1.58 Mn |
| Jun 30, 2025 | -8.03 Mn |
| Mar 31, 2025 | -1.89 Mn |
| Dec 31, 2024 | -25.54 Mn |
| Sep 30, 2024 | -204.94 Mn |
| Jun 30, 2024 | -30.96 Mn |
| Mar 31, 2024 | 125.94 Mn |
| Dec 31, 2023 | -21.96 Mn |
| Sep 30, 2023 | -2.75 Mn |