Summit Midstream (SMC) Preferred Shares (2023 - 2026)
Summit Midstream's (SMC) quarterly Preferred Shares came in at $64.2 million in Q2 2026, down 41.93% on a YoY basis from $110.5 million in Q2 2025, and little changed quarter-over-quarter from $64.2 million in Q1 2026.
Analysis
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 Q2 2026.
- For the quarter ending Q2 2026, Preferred Shares fell 41.93% year-over-year to $64.2 million; the trailing twelve-month figure through Jun 2026 stood at $64.2 million (down 41.93% YoY), and the FY2025 full-year result was $110.5 million, changed 0.22% from the prior year.
- Preferred Shares was little changed at $64.2 million in Q2 2026 per SMC's latest filing, from $64.2 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.
- Historically, Preferred Shares has averaged $98.3 million across 4 years, with a median of $110.2 million in 2024.
- The sharpest annual moves came in 2024 and 2026: Preferred Shares advanced 13.76% in 2024, then tumbled 42.08% in 2026.
- Over 4 years, 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 41.91% to $64.2 million in 2026.
- According to Business Quant data, Preferred Shares over the past three periods registered $64.2 million, $64.2 million, and $110.5 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Preferred Shares (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 111.69 Bn | 112.81 Bn | 3.07 Bn | - |
| 2 | Enterprise Products Partners | 84.07 Bn | 83.21 Bn | - | - |
| 3 | Energy Transfer | 74.03 Bn | 73.00 Bn | 7.40 Bn | 3.36 Bn |
| 4 | Tc Energy | 65.16 Bn | 64.62 Bn | 1.80 Bn | 1.63 Bn |
| 5 | Targa Resources | 62.18 Bn | 62.19 Bn | 2.14 Bn | - |
| 6 | Mplx | 60.51 Bn | 59.48 Bn | 2.73 Bn | - |
| 7 | Oneok | 60.16 Bn | 60.09 Bn | 2.81 Bn | - |
| 8 | Enbridge | 54.38 Bn | 54.88 Bn | 5.23 Bn | 4.93 Bn |
| 9 | Pembina Pipeline | 28.12 Bn | 27.76 Bn | 933.00 Mn | - |
| 10 | Summit Midstream | 694.72 Mn | 994.24 Mn | 105.92 Mn | 64.17 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 64.17 Mn |
| 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 |