Summit Midstream (SMC) Preferred Shares (2023 - 2026)

Summit Midstream (SMC) posted Preferred Shares of $64.2 million for Q1 2026, down 41.92% on a QoQ basis from $110.5 million in Q4 2025, and down 42.08% year-over-year from $110.8 million in Q1 2025.

Summit Midstream (SMC) Preferred Shares (2023 - 2026) Analysis & Trends

Summit Midstream (SMC) has reported Preferred Shares for 4 consecutive years, with $64.2 million the latest figure, recorded in Q1 2026.

  • Preferred Shares for Q1 2026 came in at $64.2 million, down 42.08% year-over-year; the trailing twelve-month figure through Mar 2026 was $64.2 million (down 42.08% YoY), and the FY2025 annual result was $110.5 million, changed 0.22% from the prior year.
  • Preferred Shares was $64.2 million for Q1 2026 at Summit Midstream, down from $110.5 million in the prior quarter.
  • Over five years, Preferred Shares peaked at $110.8 million in Q1 2025 and troughed at $64.2 million in Q1 2026.
  • A 4-year average of $102.5 million and a median of $110.3 million in 2024 frame the typical range for Preferred Shares.
  • Annual changes were most pronounced in 2024 — Preferred Shares advanced 13.76% — and 2026, when it sank 42.08%.
  • Year by year, Preferred Shares stood at $96.9 million in 2023, then increased by 13.76% to $110.2 million in 2024, then rose by 0.22% to $110.5 million in 2025, then slumped by 41.92% to $64.2 million in 2026.
  • Per Business Quant, the three latest SMC Preferred Shares figures stand at $64.2 million (Q1 2026), $110.5 million (Q4 2025), and $110.5 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Preferred Shares (Qtr)
1 Enbridge 1,308.38 Bn 1,309.08 Bn 6.70 Bn 4.97 Bn
2 Kinder Morgan 112.34 Bn 113.42 Bn 3.08 Bn -
3 Enterprise Products Partners 79.55 Bn 78.40 Bn - -
4 Energy Transfer 65.78 Bn 65.07 Bn 6.62 Bn 3.39 Bn
5 Targa Resources 57.60 Bn 57.63 Bn 1.70 Bn -
6 Mplx 57.17 Bn 55.67 Bn 2.54 Bn -
7 Oneok 54.83 Bn 54.70 Bn 2.57 Bn -
8 Cheniere Energy Partners 29.50 Bn 29.22 Bn 838.00 Mn -
9 Venture Global 27.41 Bn 27.36 Bn 4.33 Bn -
10 Summit Midstream 351.13 Mn 626.92 Mn 100.93 Mn 64.17 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 64.17 Mn
Dec 31, 2025 110.47 Mn
Sep 30, 2025 110.49 Mn
Jun 30, 2025 110.51 Mn
Mar 31, 2025 110.79 Mn
Dec 31, 2024 110.23 Mn
Sep 30, 2024 106.82 Mn
Dec 31, 2023 96.89 Mn