SMC (Summit Midstream) Current Accrued Expense: $70.8 Mil (As of Jun. 2026)

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SMC Summit Midstream Corp SMC
65 GF Score
Price $34.92
GF Value $29.42
Valuation Modestly Overvalued
! 11 Warning Signs
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What is Summit Midstream Current Accrued Expense?

Summit Midstream SMC +0.43% 65 Current Accrued Expense is $70.8 Mil as of Jun. 2026. GuruFocus rates SMC with a GF Score™ of 65/100 and a GF Value™ of $29.42 (Modestly Overvalued). The stock has 11 warning signs investors should review.

Summit Midstream's Current Accrued Expense for the quarter that ended in Jun. 2026 was $70.8 Mil.

Summit Midstream's quarterly Current Accrued Expense declined from Dec. 2025 ($54.3 Mil) to Mar. 2026 ($46.0 Mil) but then increased from Mar. 2026 ($46.0 Mil) to Jun. 2026 ($70.8 Mil).

Summit Midstream's annual Current Accrued Expense increased from Dec. 2023 ($51.7 Mil) to Dec. 2024 ($59.9 Mil) but then declined from Dec. 2024 ($59.9 Mil) to Dec. 2025 ($54.3 Mil).

Summit Midstream Current Accrued Expense Related Terms

Summit Midstream Current Accrued Expense Historical Data

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The historical data trend for Summit Midstream's Current Accrued Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Summit Midstream Current Accrued Expense Chart

Summit Midstream Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Current Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.20 37.96 51.68 59.89 54.32

Summit Midstream Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Current Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 56.86 35.35 54.32 46.01 70.76
SMC
65GF Score
Summit Midstream Corp SMC
Current Accrued Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Summit Midstream Current Accrued Expense Calculation

Current Accrued Expense is the expense incurred during the accounting period, but not required to be paid until a later date. It includes compensation, interest, pensions and all other miscellaneous accruals reported by the company.

What does a Current Accrued Expense of $70.8 Mil mean?
Summit Midstream (SMC) has a Current Accrued Expense of $70.8 Mil as of Jun. 2026. Current Accrued Expense records the total amount of accrued expenses. View historical data on Summit Midstream and its competitors.
Is Summit Midstream's Current Accrued Expense too high?
Summit Midstream's current Current Accrued Expense is $70.8 Mil. Overall, Summit Midstream has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Summit Midstream's Current Accrued Expense compare to KNOP and WHK?
Summit Midstream's Current Accrued Expense of $70.8 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Accrued Expense for an Oil & Gas company?
A good Current Accrued Expense depends on the Oil & Gas industry context. However, Current Accrued Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Accrued Expense mean?
A high Current Accrued Expense can signal that a stock is expensive relative to its fundamentals. Current Accrued Expense records the total amount of accrued expenses. View historical data on Summit Midstream and its competitors. Summit Midstream's current Current Accrued Expense is $70.8 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Summit Midstream stock overvalued right now?
Based on GuruFocus' analysis, Summit Midstream (SMC) is currently considered Modestly Overvalued. The stock's GF Value™ is $29.42, compared to a current price of $34.92 — trading 18.7% above its estimated fair value. The current Current Accrued Expense is $70.8 Mil. Summit Midstream's overall GF Score™ is 65/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Accrued Expense calculated?
Current Accrued Expense is calculated from a company's financial statements. For Summit Midstream (SMC), the current Current Accrued Expense is $70.8 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Summit Midstream (SMC) Overvalued in 2026?

Based on GuruFocus' analysis, Summit Midstream stock appears to be overvalued. The current stock price of $34.92 is trading 18.7% above its estimated GF Value™ of $29.42. GuruFocus considers Summit Midstream to be Modestly Overvalued.

Key valuation signals for SMC:

  • Current Accrued Expense: $70.8 Mil
  • GF Value™: $29.42 vs. price of $34.92 (18.7% above fair value)
  • GF Score™: 65/100 with 11 warning signs

No single metric tells the full story. See the SMC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Summit Midstream Business Description

Industry EnergyOil & Gas
Address 910 Louisiana Street, Suite 4200, Houston, TX, USA, 77002
Summit Midstream Corp is a value-driven corporation focused on developing, owning and operating midstream energy infrastructure assets strategically located in unconventional resource basins, shale formations, in the continental U.S. It currently operates natural gas, crude oil and produced water gathering systems in various unconventional resource basins including the Williston Basin, DJ Basin, Barnett Shale, Piceance Basin, Permian Basin, and the Arkoma Basin. The company's reportable segments are: Rockies, Permian, Mid-Con, Piceance, and Northeast. Maximum revenue is generated from the Mid-Con segment. Summit generates revenue mainly from natural gas, NGLs, and condensate sales, and the provision of gathering and related services.
65GF Score

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Current Accrued Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$34.92
Price
$29.42
GF Value