Summit Midstream (SMC) Restructuring Costs (2023 - 2026)
Summit Midstream (SMC) reported Restructuring Costs of $222000.0 for Q1 2026, down 82.15% on a YoY basis from $1.2 million in Q1 2025, and down 92.24% quarter-over-quarter from $2.9 million in Q4 2025.
Summit Midstream (SMC) Restructuring Costs (2023 - 2026) Analysis & Trends
Summit Midstream has reported Restructuring Costs for 4 years, with the latest figure at $222000.0 in Q1 2026.
- For the quarter ending Q1 2026, Restructuring Costs fell 82.15% year-over-year to $222000.0; the trailing twelve-month figure through Mar 2026 stood at $8.7 million (down 54.49% YoY), and the FY2025 full-year result was $8.1 million, down 73.69% from the prior year.
- Restructuring Costs for Q1 2026 stood at $222000.0, down from $2.9 million in the prior quarter.
- The five-year high for Restructuring Costs was $17.8 million in Q4 2024, with the low at -$1.1 million in Q4 2023.
- Historically, Restructuring Costs has averaged $3.8 million across 4 years, with a median of $1.4 million in 2025.
- Annual changes were most pronounced in 2024 — Restructuring Costs surged 1654.59% — and 2025, when it slumped 84.03%.
- Summit Midstream's Restructuring Costs stood at -$1.1 million in 2023, then surged by 1654.59% to $17.8 million in 2024, then sank by 83.93% to $2.9 million in 2025, then slumped by 92.24% to $222000.0 in 2026.
- The last three Restructuring Costs figures came in at $222000.0 (Q1 2026), $2.9 million (Q4 2025), and $1.4 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 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 |
| 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 |
| 10 | Summit Midstream | 365.55 Mn | 641.34 Mn | 100.93 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 222,000.00 |
| Dec 31, 2025 | 2.86 Mn |
| Sep 30, 2025 | 1.43 Mn |
| Jun 30, 2025 | 4.16 Mn |
| Mar 31, 2025 | 1.24 Mn |
| Dec 31, 2024 | 17.80 Mn |
| Mar 31, 2024 | 7.79 Mn |
| Dec 31, 2023 | -1.15 Mn |
| Sep 30, 2023 | 171,000.00 |