Summit Midstream Corporation (SMC)

Summit Midstream Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023
Cash & Equivalents	9.27	22.82	14.04
Cash & Short-Term Investments	9.27	22.82	14.04
Cash Growth	-59.36%	62.50%	-
Accounts Receivable	69.75	77.06	76.28
Other Current Assets	17.9	18.39	8.1
Total Current Assets	96.92	118.27	98.42
Net Property, Plant & Equipment	1,844	1,785	1,699
Other Intangible Assets	153.56	154.28	175.59
Long-Term Investments	265.58	269.56	486.43
Other Long-Term Assets	27.4	32.34	35.17
Total Assets	2,388	2,359	2,494
Accounts Payable	31.65	25.16	22.71
Accrued Expenses	86.61	88.75	75.18
Current Portion of Long-Term Debt	21.22	16.58	15.52
Unearned Revenue	10.12	9.6	10.2
Other Current Liabilities	27.19	34.71	10.4
Total Current Liabilities	176.79	174.8	134.01
Long-Term Debt	1,024	977	1,455
Other Long-Term Liabilities	98.62	109.62	61.81
Total Long-Term Liabilities	1,123	1,087	1,517
Total Liabilities	1,300	1,261	1,651
Preferred Stock	110.47	110.23	96.89
Common Stock	0.19	0.18	621.67
Additional Paid-in Capital	638.43	540.71	-
Retained Earnings	-202.9	-183.33	-
Total Common Shareholders' Equity	546.18	467.79	718.56
Minority Interest	541.67	630.28	124.65
Shareholders' Equity	1,088	1,098	843.22
Total Liabilities & Equity	2,388	2,359	2,494
Total Debt	1,046	993.58	1,471
Net Cash (Debt)	-1,036	-970.75	-1,457
Net Cash Per Share	-85.41	-91.58	-140.96
Book Value	546.18	467.79	718.56
Book Value Per Share	45.02	44.13	69.53
Tangible Book Value	392.62	313.51	542.97
Tangible Book Value Per Share	32.36	29.58	52.54

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q