Summit Midstream (SMC) Preferred Shares (2023 - 2026)
Summit Midstream's (SMC) quarterly Preferred Shares came in at $64.2 million in Q1 2026, down 42.08% YoY from $110.8 million in Q1 2025, and down 41.92% on a QoQ basis from $110.5 million in Q4 2025.
Summit Midstream (SMC) Preferred Shares (2023 - 2026) Analysis & Trends
Summit Midstream (SMC) has 4 years of Preferred Shares data on file, last reported at $64.2 million in 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 retreated to $64.2 million in Q1 2026, from $110.5 million in the prior quarter.
- In the past five years, Preferred Shares ranged from a high of $110.8 million in Q1 2025 to a low of $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 gained 13.76% — and 2026, when it slumped 42.08%.
- Tracing SMC's Preferred Shares over 4 years: 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Preferred Shares (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | - |
| 2 | Enbridge | 110.69 Bn | 109.19 Bn | 5.23 Bn | 4.93 Bn |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - | - |
| 4 | Energy Transfer | 72.64 Bn | 71.61 Bn | 7.40 Bn | 3.36 Bn |
| 5 | Tc Energy | 65.84 Bn | 58.29 Bn | 1.24 Bn | 1.63 Bn |
| 6 | Mplx | 60.05 Bn | 59.02 Bn | 2.73 Bn | - |
| 7 | Oneok | 59.98 Bn | 59.82 Bn | 2.81 Bn | - |
| 8 | Targa Resources | 59.50 Bn | 59.37 Bn | 2.14 Bn | - |
| 9 | Cheniere Energy | 55.93 Bn | 54.68 Bn | 5.29 Bn | - |
| 10 | Summit Midstream | 481.04 Mn | 460.07 Mn | 105.92 Mn | 64.17 Mn |
Historic Data
Download 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 |