Summit Midstream

Summit Midstream Tax Expense

The Income Tax Expense of Summit Midstream (SMC) as of Oct 25, 2026 is -501,000.00 USD. In the previous year, Income Tax Expense was 146.68 M USD — a change of -100.34% (lower).

Tax Expense

-501,000.00USD

YoY

-100.34%

Last updated:

Income Tax Expense of Summit Midstream is 2025 -501,000.00 USD. Income Tax Expense of Summit Midstream was 2024 146.68 M USD. It decreases by -100.34% lower compared to the previous year.

The Summit Midstream Tax Expense history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Tax Expense
Date
Tax Expense
Jan 1, 2018
0.00 USD
Jan 1, 2019
1.23 M USD
Jan 1, 2020
-146,000.00 USD
Jan 1, 2021
326,999.00 USD
Jan 1, 2022
325,000.00 USD
Jan 1, 2023
322,000.00 USD
Jan 1, 2024
146.68 M USD
Jan 1, 2025
-501,000.00 USD
The Summit Midstream Tax Expense history
YEARTax ExpenseYoY
-501,000.00USD-100.34%
146.68 MUSD+45,452.17%
322,000.00USD-0.92%
325,000.00USD-0.61%
326,999.00USD-323.97%
-146,000.00USD-111.86%
1.23 MUSD—
0.00USD-100.00%
300,000.00USD+200.00%
100,000.00USD-116.67%
-600,000.00USD-166.67%
900,000.00USD—

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Summit Midstream Stock analysis

What does Summit Midstream do? Summit Midstream Corp generates revenue through long-term, fee-based agreements with customers in the Rockies, Permian, Piceance, and Barnett segments. The company provides natural gas, crude oil, and produced water gathering, processing, and transportation services across four unconventional resource basins: Williston Basin (Bakken and Three Forks shale formations), Denver-Julesburg Basin (Niobrara and Codell shale formations), Fort Worth Basin (Barnett Shale), and Piceance Basin (Mesaverde, Mancos, and Niobrara shale formations). Its infrastructure assets are strategically located in shale formations across the continental United States, serving customers in the oil and gas industry. The company's primary revenue streams come from fee-based services for gathering, processing, and transporting natural gas, crude oil, and produced water. These services are provided under long-term agreements with customers operating in unconventional resource basins, including the Bakken, Three Forks, Niobrara, Codell, Barnett Shale, Mesaverde, Mancos, and Niobrara shale formations. Summit Midstream Corp's business model focuses on midstream energy infrastructure assets in shale basins, with services tailored to the specific needs of oil and gas operators in these regions. Summit Midstream Corporation operates as a limited partnership with a focus on midstream infrastructure in shale formations. Its services are primarily contracted through long-term, fee-based agreements, ensuring stable revenue streams. The company's key segments—Rockies, Permian, Piceance, and Barnett—reflect the geographic and operational focus of its infrastructure assets, which serve customers in the oil and gas industry across multiple shale basins in the continental United States. Summit Midstream is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Summit Midstream stock

Income Tax Expense of Summit Midstream is -501,000.00 USD in 2025.

Income Tax Expense of Summit Midstream changed from 146.68 M USD to -501,000.00 USD, representing a -100.34% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Income Tax Expense Summit Midstream since 2006 – with annual values, charts, and detailed analysis.

Tax expense represents the total income taxes owed. It reflects the company's tax obligations and effective tax rate.

Income Tax Expense's USD is a key factor for investors. Changes in this metric can signal improving or deteriorating fundamentals, directly impacting the stock price. On Eulerpool, you can track Income Tax Expense's Summit Midstream historically and in real time.

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Income Statement — Summit Midstream

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