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

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

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

Summit Midstream has reported Preferred Shares for 4 years, with the latest figure at $64.2 million in Q1 2026.

  • For the quarter ending Q1 2026, Preferred Shares fell 42.08% year-over-year to $64.2 million; the trailing twelve-month figure through Mar 2026 stood at $64.2 million (down 42.08% YoY), and the FY2025 full-year result was $110.5 million, changed 0.22% from the prior year.
  • Preferred Shares for Q1 2026 stood at $64.2 million, down from $110.5 million in the prior quarter.
  • The five-year high for Preferred Shares was $110.8 million in Q1 2025, with the low at $64.2 million in Q1 2026.
  • Historically, Preferred Shares has averaged $102.5 million across 4 years, with a median of $110.3 million in 2024.
  • Annual changes were most pronounced in 2024 — Preferred Shares gained 13.76% — and 2026, when it slumped 42.08%.
  • Summit Midstream's Preferred Shares stood at $96.9 million in 2023, then climbed by 13.76% to $110.2 million in 2024, then grew by 0.22% to $110.5 million in 2025, then slumped by 41.92% to $64.2 million in 2026.
  • The last three Preferred Shares figures came in at $64.2 million (Q1 2026), $110.5 million (Q4 2025), and $110.5 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Preferred Shares (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn 4.97 Bn
2 Enterprise Products Partners 80.83 Bn 79.68 Bn - -
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn -
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn 3.39 Bn
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 1.62 Bn
10 Summit Midstream 365.55 Mn 641.34 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