Summit Midstream (SMC) Shares Outstanding (Diluted) (2023 - 2026)
Summit Midstream (SMC) recorded Shares Outstanding (Diluted) of 14.05 million in Q2 2026, up 14.7% from 12.24 million a year earlier and up 13.9% from the prior quarter.
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Analysis
Summit Midstream (SMC) Shares Outstanding (Diluted) (2023 - 2026) Analysis & Trends
For FY2025, Summit Midstream reported Shares Outstanding (Diluted) of 12.13 million, up 14.5% from FY2024.
- Across earlier years, Shares Outstanding (Diluted) came in at 10.6 million in FY2024 (+2.6%) and 10.33 million in FY2023.
- The Q2 2026 figure is the highest quarterly Shares Outstanding (Diluted) in data going back to Q3 2023.
- On a year-over-year basis, Shares Outstanding (Diluted) has increased for eight consecutive quarters, with growth averaging 9.5% over the last eight quarters.
- The year-over-year growth in Shares Outstanding (Diluted) has ranged between 2.6% (Q4 2024) and 15.1% (Q3 2025) over the last five years.
- Per Business Quant, the preceding three quarters came in at 12.33 million (Q1 2026), 12.13 million (Q4 2025) and 12.26 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 101.53 Bn | 99.08 Bn | 4.84 Bn | 2.19 Bn |
| 2 | Enterprise Products Partners | 76.92 Bn | 75.35 Bn | - | 2.19 Bn |
| 3 | Energy Transfer | 67.97 Bn | 61.41 Bn | 7.40 Bn | 3.46 Bn |
| 4 | Kinder Morgan | 67.10 Bn | 68.05 Bn | 3.07 Bn | 2.23 Bn |
| 5 | Tc Energy | 60.19 Bn | 63.26 Bn | 2.81 Bn | 1.04 Bn |
| 6 | Targa Resources | 57.97 Bn | 57.59 Bn | 2.14 Bn | 215.20 Mn |
| 7 | Mplx | 57.16 Bn | 50.72 Bn | 2.91 Bn | 1.02 Bn |
| 8 | Cheniere Energy | 55.61 Bn | 55.74 Bn | 5.29 Bn | 209.50 Mn |
| 9 | Oneok | 53.75 Bn | 52.24 Bn | 2.81 Bn | 632.00 Mn |
| 10 | Summit Midstream | 613.89 Mn | 836.12 Mn | 105.92 Mn | 14.05 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 14.05 Mn |
| Mar 31, 2026 | 12.33 Mn |
| Dec 31, 2025 | 12.13 Mn |
| Sep 30, 2025 | 12.26 Mn |
| Jun 30, 2025 | 12.24 Mn |
| Mar 31, 2025 | 11.77 Mn |
| Dec 31, 2024 | 10.60 Mn |
| Sep 30, 2024 | 10.65 Mn |
| Jun 30, 2024 | 10.65 Mn |
| Mar 31, 2024 | 10.98 Mn |
| Dec 31, 2023 | 10.33 Mn |
| Sep 30, 2023 | 10.38 Mn |
API Access
Summit Midstream Shares Outstanding (Diluted) 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=shares-outstanding-diluted&ticker=SMC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "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=shares-outstanding-diluted&ticker=SMC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();