Summit Midstream (SMC) Restructuring Costs (2023 - 2026)
Summit Midstream (SMC) reported Restructuring Costs of $19,000 for Q2 2026, down 98.2% from $1.06 million a year earlier and down 94.9% from the prior quarter.
Summit Midstream (SMC) Restructuring Costs (2023 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Summit Midstream's Restructuring Costs came in at $3.14 million, down 86.8% year-over-year; for FY2025, it was $8.14 million, down 73.7% from FY2024.
- By year, Restructuring Costs came in at $30.96 million in FY2024 and $2.65 million in FY2023.
- The Q2 2026 figure ranks as the lowest quarterly Restructuring Costs in data going back to Q3 2023.
- Year over year, Restructuring Costs has now declined in each of the last six quarters, with an average decline of 71.9% over the last six quarters.
- Per Business Quant data, the three quarters before Q2 2026 came in at $373,000 (Q1 2026), $1.08 million (Q4 2025) and $1.66 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 102.52 Bn | 100.06 Bn | 4.84 Bn |
| 2 | Enterprise Products Partners | 79.27 Bn | 77.71 Bn | - |
| 3 | Energy Transfer | 69.21 Bn | 62.65 Bn | 7.40 Bn |
| 4 | Kinder Morgan | 68.17 Bn | 69.12 Bn | 3.07 Bn |
| 5 | Tc Energy | 61.09 Bn | 64.16 Bn | 2.81 Bn |
| 6 | Targa Resources | 59.48 Bn | 59.10 Bn | 2.14 Bn |
| 7 | Mplx | 58.45 Bn | 52.01 Bn | 2.91 Bn |
| 8 | Oneok | 55.88 Bn | 54.37 Bn | 2.81 Bn |
| 9 | Cheniere Energy | 55.70 Bn | 55.83 Bn | 5.29 Bn |
| 10 | Summit Midstream | 622.22 Mn | 844.45 Mn | 105.92 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 19,000.00 |
| Mar 31, 2026 | 373,000.00 |
| Dec 31, 2025 | 1.08 Mn |
| Sep 30, 2025 | 1.66 Mn |
| Jun 30, 2025 | 1.06 Mn |
| Mar 31, 2025 | 2.79 Mn |
| Dec 31, 2024 | 17.80 Mn |
| Sep 30, 2024 | 2.09 Mn |
| Jun 30, 2024 | 3.27 Mn |
| Mar 31, 2024 | 7.79 Mn |
| Dec 31, 2023 | 258,000.00 |
| Sep 30, 2023 | 171,000.00 |
Summit Midstream Restructuring Costs API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=restructuring-costs&ticker=SMC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "restructuring-costs", "ticker": "SMC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=restructuring-costs&ticker=SMC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();