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| 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 |