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| Date | Value |
|---|---|
| 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 |