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's Preferred Shares history runs 4 years deep, the most recent figure standing at $64.2 million for Q1 2026.
- Quarterly Preferred Shares fell 42.08% year-over-year to $64.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $64.2 million (down 42.08% YoY) and the FY2025 annual result came in at $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.
- Across five years, Preferred Shares topped out at $110.8 million in Q1 2025 and bottomed 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 grew 13.76% — and 2026, when it sank 42.08%.
- Summit Midstream's 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 plunged by 41.92% to $64.2 million in 2026.
- Business Quant data shows SMC's Preferred Shares at $64.2 million in Q1 2026, $110.5 million in Q4 2025, and $110.5 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Preferred Shares (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | - |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | - |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | - |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 4.97 Bn |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | - |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | -179.27 Mn |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 3.39 Bn |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | - |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | - |
| 10 | Summit Midstream | 371.60 Mn | 647.38 Mn | 99.77 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 |