2024 Q4 Form 10-Q Financial Statement

#000202421824000034 Filed on November 12, 2024

View on sec.gov

Income Statement

Concept 2024 Q4 2024 Q3 2023 Q4
Revenue $102.4M $127.3M
YoY Change -15.5% 48.56%
Cost Of Revenue $28.25M $59.95M
YoY Change -47.01% 68.38%
Gross Profit $74.17M $67.37M
YoY Change 9.23% 34.48%
Gross Profit Margin 72.42% 52.92%
Selling, General & Admin $12.42M $10.24M
YoY Change 11.88% -21.25%
% of Gross Profit 16.74% 15.2%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $23.54M $32.30M
YoY Change -24.06% 8.03%
% of Gross Profit 31.74% 47.95%
Operating Expenses $35.96M $42.27M
YoY Change -14.18% -0.78%
Operating Profit $38.21M $25.11M
YoY Change 46.96% 234.73%
Interest Expense $25.71M -$39.84M
YoY Change -181.11% 39.3%
% of Operating Profit 67.29% -158.69%
Other Income/Expense, Net $666.0K $118.0K
YoY Change -322.0%
Pretax Income -$54.97M -$26.14M
YoY Change 772.51% -5.96%
Income Tax $148.6M $502.0K
% Of Pretax Income
Net Earnings -$201.5M -$21.96M
YoY Change 7098.14% -28.71%
Net Earnings / Revenue -196.8% -17.25%
Basic Earnings Per Share -$19.25
Diluted Earnings Per Share -$19.25 -$2.12
COMMON SHARES
Basic Shares Outstanding 10.65M shares 10.65M shares
Diluted Shares Outstanding 10.65M shares

Balance Sheet

Concept 2024 Q4 2024 Q3 2023 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $17.84M $14.04M
YoY Change 4.34% 19.02%
Cash & Equivalents $17.84M $14.04M
Short-Term Investments
Other Short-Term Assets $9.080M $8.103M
YoY Change 81.6% -22.09%
Inventory
Prepaid Expenses
Receivables $60.57M $76.28M
Other Receivables $0.00 $0.00
Total Short-Term Assets $214.0M $98.42M
YoY Change 111.89% 0.95%
LONG-TERM ASSETS
Property, Plant & Equipment $1.351B $1.699B
YoY Change -20.33% -1.18%
Goodwill
YoY Change
Intangibles $140.0M $175.6M
YoY Change
Long-Term Investments $269.9M $486.4M
YoY Change -45.1% -4.0%
Other Assets $24.45M $35.17M
YoY Change -37.48% -8.19%
Total Long-Term Assets $1.785B $2.396B
YoY Change -25.88% -2.71%
TOTAL ASSETS
Total Short-Term Assets $214.0M $98.42M
Total Long-Term Assets $1.785B $2.396B
Total Assets $1.999B $2.494B
YoY Change -20.34% -2.57%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $12.93M $22.71M
YoY Change -16.57% 61.09%
Accrued Expenses $29.65M $75.18M
YoY Change -67.88% 3.56%
Deferred Revenue $9.470M $10.20M
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $130.5M $15.52M
YoY Change 812.67% 47.85%
Total Short-Term Liabilities $231.0M $134.0M
YoY Change 61.97% 13.67%
LONG-TERM LIABILITIES
Long-Term Debt $826.5M $1.455B
YoY Change -42.64% -1.67%
Other Long-Term Liabilities $16.14M $61.81M
YoY Change -76.09% -21.57%
Total Long-Term Liabilities $842.6M $1.517B
YoY Change -44.14% -2.68%
TOTAL LIABILITIES
Total Short-Term Liabilities $231.0M $134.0M
Total Long-Term Liabilities $842.6M $1.517B
Total Liabilities $1.216B $1.651B
YoY Change -26.33% -1.53%
SHAREHOLDERS EQUITY
Retained Earnings -$157.8M
YoY Change
Common Stock $106.0K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $651.5M $843.2M
YoY Change
Total Liabilities & Shareholders Equity $1.999B $2.494B
YoY Change -20.34% -2.57%

Cashflow Statement

Concept 2024 Q4 2024 Q3 2023 Q4
OPERATING ACTIVITIES
Net Income -$201.5M -$21.96M
YoY Change 7098.14% -28.71%
Depreciation, Depletion And Amortization $23.54M $32.30M
YoY Change -24.06% 8.03%
Cash From Operating Activities $9.151M $16.11M
YoY Change -84.54% 747.68%
INVESTING ACTIVITIES
Capital Expenditures $10.94M $19.01M
YoY Change -38.19% 100.05%
Acquisitions
YoY Change
Other Investing Activities -$1.685M $149.0K
YoY Change -100.05%
Cash From Investing Activities -$12.63M -$18.96M
YoY Change -28.26% -93.96%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -12.38M 464.0K
YoY Change -66.91% -99.85%
NET CHANGE
Cash From Operating Activities 9.151M 16.11M
Cash From Investing Activities -12.63M -18.96M
Cash From Financing Activities -12.38M 464.0K
Net Change In Cash -15.85M -2.386M
YoY Change -477.38% 496.5%
FREE CASH FLOW
Cash From Operating Activities $9.151M $16.11M
Capital Expenditures $10.94M $19.01M
Free Cash Flow -$1.790M -$2.899M
YoY Change -104.31% -61.86%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Entity Central Index Key
EntityCentralIndexKey
0002024218
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2024
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
CY2023Q3 us-gaap Type Of Cost Good Or Service Extensible List
TypeOfCostGoodOrServiceExtensibleList
http://fasb.org/srt/2024#NaturalGasLiquidsReservesMember
us-gaap Type Of Cost Good Or Service Extensible List
TypeOfCostGoodOrServiceExtensibleList
http://fasb.org/srt/2024#NaturalGasLiquidsReservesMember
us-gaap Type Of Cost Good Or Service Extensible List
TypeOfCostGoodOrServiceExtensibleList
http://fasb.org/srt/2024#NaturalGasLiquidsReservesMember
CY2024Q3 us-gaap Type Of Cost Good Or Service Extensible List
TypeOfCostGoodOrServiceExtensibleList
http://fasb.org/srt/2024#NaturalGasLiquidsReservesMember
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2024-09-30
dei Document Transition Report
DocumentTransitionReport
false
dei Entity Registrant Name
EntityRegistrantName
Summit Midstream Corporation
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
dei Entity Address Address Line1
EntityAddressAddressLine1
910 Louisiana Street
dei Entity Address Address Line2
EntityAddressAddressLine2
Suite 4200
dei Entity Address City Or Town
EntityAddressCityOrTown
Houston
dei Entity Address State Or Province
EntityAddressStateOrProvince
TX
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
99-3056990
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
77002
dei City Area Code
CityAreaCode
832
dei Local Phone Number
LocalPhoneNumber
413-4770
dei Security12b Title
Security12bTitle
Common Stock, par value $0.01 per share
dei Trading Symbol
TradingSymbol
SMC
dei Security Exchange Name
SecurityExchangeName
NYSE
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
dei Entity Small Business
EntitySmallBusiness
true
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Entity Shell Company
EntityShellCompany
false
CY2024Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
10648685 shares
CY2024Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
17842000 usd
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
14044000 usd
CY2024Q3 us-gaap Restricted Cash
RestrictedCash
126524000 usd
CY2023Q4 us-gaap Restricted Cash
RestrictedCash
2601000 usd
CY2024Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
60567000 usd
CY2023Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
76275000 usd
CY2024Q3 us-gaap Other Assets Current
OtherAssetsCurrent
9080000 usd
CY2023Q4 us-gaap Other Assets Current
OtherAssetsCurrent
5502000 usd
CY2024Q3 us-gaap Assets Current
AssetsCurrent
214013000 usd
CY2023Q4 us-gaap Assets Current
AssetsCurrent
98422000 usd
CY2024Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1350758000 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1698585000 usd
CY2024Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
140009000 usd
CY2023Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
175592000 usd
CY2024Q3 us-gaap Equity Method Investments
EquityMethodInvestments
269939000 usd
CY2023Q4 us-gaap Equity Method Investments
EquityMethodInvestments
486434000 usd
CY2024Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
24447000 usd
CY2023Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
35165000 usd
CY2024Q3 us-gaap Assets
Assets
1999166000 usd
CY2023Q4 us-gaap Assets
Assets
2494198000 usd
CY2024Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
12932000 usd
CY2023Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
22714000 usd
CY2024Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
29645000 usd
CY2023Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
32377000 usd
CY2024Q3 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
9470000 usd
CY2023Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
10196000 usd
CY2024Q3 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
7229000 usd
CY2023Q4 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
8543000 usd
CY2024Q3 us-gaap Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
7173000 usd
CY2023Q4 us-gaap Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
6815000 usd
CY2024Q3 us-gaap Interest Payable Current
InterestPayableCurrent
14603000 usd
CY2023Q4 us-gaap Interest Payable Current
InterestPayableCurrent
19298000 usd
CY2024Q3 us-gaap Accrued Environmental Loss Contingencies Current
AccruedEnvironmentalLossContingenciesCurrent
1409000 usd
CY2023Q4 us-gaap Accrued Environmental Loss Contingencies Current
AccruedEnvironmentalLossContingenciesCurrent
1483000 usd
CY2024Q3 us-gaap Litigation Reserve Current
LitigationReserveCurrent
6715000 usd
CY2023Q4 us-gaap Litigation Reserve Current
LitigationReserveCurrent
6667000 usd
CY2024Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
130512000 usd
CY2023Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
15524000 usd
CY2024Q3 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
11278000 usd
CY2023Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
10395000 usd
CY2024Q3 us-gaap Liabilities Current
LiabilitiesCurrent
230966000 usd
CY2023Q4 us-gaap Liabilities Current
LiabilitiesCurrent
134012000 usd
CY2024Q3 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
115552000 usd
CY2023Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
1425000 usd
CY2024Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
826453000 usd
CY2023Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1455166000 usd
CY2024Q3 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
26176000 usd
CY2023Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
30085000 usd
CY2024Q3 us-gaap Accrued Environmental Loss Contingencies Noncurrent
AccruedEnvironmentalLossContingenciesNoncurrent
989000 usd
CY2023Q4 us-gaap Accrued Environmental Loss Contingencies Noncurrent
AccruedEnvironmentalLossContingenciesNoncurrent
1454000 usd
CY2024Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
16136000 usd
CY2023Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
28841000 usd
CY2024Q3 us-gaap Liabilities
Liabilities
1216272000 usd
CY2023Q4 us-gaap Liabilities
Liabilities
1650983000 usd
CY2024Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2023Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2023Q4 us-gaap Limited Partners Capital Account Units Outstanding
LimitedPartnersCapitalAccountUnitsOutstanding
10376189 shares
CY2023Q4 us-gaap Limited Partners Capital Account Units Issued
LimitedPartnersCapitalAccountUnitsIssued
10376189 shares
CY2023Q4 us-gaap Limited Partners Capital Account
LimitedPartnersCapitalAccount
621670000 usd
CY2023Q4 us-gaap Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
65508 shares
CY2024Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2024Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
10648685 shares
CY2024Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
10648685 shares
CY2024Q3 us-gaap Common Stock Value
CommonStockValue
106000 usd
CY2024Q3 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
702357000 usd
CY2024Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-157798000 usd
CY2024Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
651484000 usd
CY2023Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
718563000 usd
CY2024Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1999166000 usd
CY2023Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2494198000 usd
CY2024Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
102415000 usd
CY2023Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
121193000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
322601000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
331585000 usd
CY2024Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
28246000 usd
CY2023Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
27110000 usd
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
88047000 usd
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
77967000 usd
CY2024Q3 us-gaap Utilities Operating Expense Maintenance And Operations
UtilitiesOperatingExpenseMaintenanceAndOperations
24473000 usd
CY2023Q3 us-gaap Utilities Operating Expense Maintenance And Operations
UtilitiesOperatingExpenseMaintenanceAndOperations
26161000 usd
us-gaap Utilities Operating Expense Maintenance And Operations
UtilitiesOperatingExpenseMaintenanceAndOperations
72925000 usd
us-gaap Utilities Operating Expense Maintenance And Operations
UtilitiesOperatingExpenseMaintenanceAndOperations
75291000 usd
CY2024Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
12419000 usd
CY2023Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
11098000 usd
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
41368000 usd
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
31897000 usd
CY2024Q3 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
23540000 usd
CY2023Q3 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
30778000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
75324000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
90734000 usd
CY2024Q3 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
2094000 usd
CY2023Q3 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
144000 usd
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
13156000 usd
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
926000 usd
CY2024Q3 us-gaap Business Combination Integration Related Costs
BusinessCombinationIntegrationRelatedCosts
0 usd
CY2023Q3 us-gaap Business Combination Integration Related Costs
BusinessCombinationIntegrationRelatedCosts
171000 usd
us-gaap Business Combination Integration Related Costs
BusinessCombinationIntegrationRelatedCosts
40000 usd
us-gaap Business Combination Integration Related Costs
BusinessCombinationIntegrationRelatedCosts
2396000 usd
CY2024Q3 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
6000 usd
CY2023Q3 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
40000 usd
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-1000 usd
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
183000 usd
CY2024Q3 us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
0 usd
CY2023Q3 us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
0 usd
us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
67936000 usd
us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
455000 usd
CY2024Q3 us-gaap Costs And Expenses
CostsAndExpenses
90766000 usd
CY2023Q3 us-gaap Costs And Expenses
CostsAndExpenses
95422000 usd
us-gaap Costs And Expenses
CostsAndExpenses
358797000 usd
us-gaap Costs And Expenses
CostsAndExpenses
279483000 usd
CY2024Q3 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
666000 usd
CY2023Q3 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-315000 usd
us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
2784000 usd
us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
747000 usd
CY2024Q3 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-2574000 usd
CY2023Q3 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
2856000 usd
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
936000 usd
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
4851000 usd
CY2024Q3 us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
-1672000 usd
CY2023Q3 us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
-9000 usd
us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
82338000 usd
us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
-45000 usd
CY2024Q3 us-gaap Equity Method Investment Realized Gain Loss On Disposal
EquityMethodInvestmentRealizedGainLossOnDisposal
0 usd
CY2023Q3 us-gaap Equity Method Investment Realized Gain Loss On Disposal
EquityMethodInvestmentRealizedGainLossOnDisposal
0 usd
us-gaap Equity Method Investment Realized Gain Loss On Disposal
EquityMethodInvestmentRealizedGainLossOnDisposal
126261000 usd
us-gaap Equity Method Investment Realized Gain Loss On Disposal
EquityMethodInvestmentRealizedGainLossOnDisposal
0 usd
CY2024Q3 us-gaap Interest Expense Nonoperating
InterestExpenseNonoperating
25712000 usd
CY2023Q3 us-gaap Interest Expense Nonoperating
InterestExpenseNonoperating
34568000 usd
us-gaap Interest Expense Nonoperating
InterestExpenseNonoperating
95015000 usd
us-gaap Interest Expense Nonoperating
InterestExpenseNonoperating
103966000 usd
CY2024Q3 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-42235000 usd
CY2023Q3 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-47199000 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 usd
CY2024Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
4910000 usd
CY2023Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
10211000 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
19828000 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
22302000 usd
CY2024Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-54968000 usd
CY2023Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
3946000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
53737000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-24009000 usd
CY2024Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
142573000 usd
CY2023Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
72000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
142129000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-180000 usd
CY2024Q3 us-gaap Profit Loss
ProfitLoss
-197541000 usd
CY2023Q3 us-gaap Profit Loss
ProfitLoss
3874000 usd
us-gaap Profit Loss
ProfitLoss
-88392000 usd
us-gaap Profit Loss
ProfitLoss
-23829000 usd
CY2024Q3 smc Noncontrolling Interest In Subsidiary Net Income Loss Preferred Unit Holders
NoncontrollingInterestInSubsidiaryNetIncomeLossPreferredUnitHolders
4007000 usd
CY2023Q3 smc Noncontrolling Interest In Subsidiary Net Income Loss Preferred Unit Holders
NoncontrollingInterestInSubsidiaryNetIncomeLossPreferredUnitHolders
3623000 usd
smc Noncontrolling Interest In Subsidiary Net Income Loss Preferred Unit Holders
NoncontrollingInterestInSubsidiaryNetIncomeLossPreferredUnitHolders
11643000 usd
smc Noncontrolling Interest In Subsidiary Net Income Loss Preferred Unit Holders
NoncontrollingInterestInSubsidiaryNetIncomeLossPreferredUnitHolders
8865000 usd
CY2024Q3 us-gaap Net Income Loss
NetIncomeLoss
-201548000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
251000 usd
us-gaap Net Income Loss
NetIncomeLoss
-100035000 usd
us-gaap Net Income Loss
NetIncomeLoss
-32694000 usd
CY2024Q3 us-gaap Income Loss Attributable To Noncontrolling Interest
IncomeLossAttributableToNoncontrollingInterest
3393000 usd
CY2023Q3 us-gaap Income Loss Attributable To Noncontrolling Interest
IncomeLossAttributableToNoncontrollingInterest
3004000 usd
us-gaap Income Loss Attributable To Noncontrolling Interest
IncomeLossAttributableToNoncontrollingInterest
9926000 usd
us-gaap Income Loss Attributable To Noncontrolling Interest
IncomeLossAttributableToNoncontrollingInterest
8442000 usd
CY2024Q3 us-gaap Net Income Loss Allocated To General Partners
NetIncomeLossAllocatedToGeneralPartners
-204941000 usd
CY2023Q3 us-gaap Net Income Loss Allocated To General Partners
NetIncomeLossAllocatedToGeneralPartners
-2753000 usd
us-gaap Net Income Loss Allocated To General Partners
NetIncomeLossAllocatedToGeneralPartners
-109961000 usd
us-gaap Net Income Loss Allocated To General Partners
NetIncomeLossAllocatedToGeneralPartners
-41136000 usd
CY2024Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-19.25
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.27
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-10.39
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-3.99
CY2024Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-19.25
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.27
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-10.39
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-3.99
CY2024Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
10649000 shares
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
10376000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
10583000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
10320000 shares
CY2024Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
10649000 shares
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
10376000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
10583000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
10320000 shares
CY2023Q4 us-gaap Partners Capital Including Portion Attributable To Noncontrolling Interest
PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest
718563000 usd
CY2024Q1 smc Profit Loss Excluding Subsidiary Income
ProfitLossExcludingSubsidiaryIncome
129157000 usd
CY2024Q1 us-gaap Partners Capital Account Unit Based Compensation
PartnersCapitalAccountUnitBasedCompensation
2772000 usd
CY2024Q1 smc Partners Capital Account Tax Withholding For Unit Based Compensation
PartnersCapitalAccountTaxWithholdingForUnitBasedCompensation
1878000 usd
CY2024Q1 us-gaap Partners Capital Including Portion Attributable To Noncontrolling Interest
PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest
848614000 usd
CY2024Q2 smc Profit Loss Excluding Subsidiary Income
ProfitLossExcludingSubsidiaryIncome
-27644000 usd
CY2024Q2 us-gaap Partners Capital Account Unit Based Compensation
PartnersCapitalAccountUnitBasedCompensation
2086000 usd
CY2024Q2 smc Partners Capital Account Tax Withholding For Unit Based Compensation
PartnersCapitalAccountTaxWithholdingForUnitBasedCompensation
4000 usd
CY2024Q2 us-gaap Partners Capital Including Portion Attributable To Noncontrolling Interest
PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest
823052000 usd
CY2024Q3 us-gaap Net Income Loss
NetIncomeLoss
-201548000 usd
CY2024Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1840000 usd
CY2024Q3 smc Tax Impact Of Corporate Reorganization
TaxImpactOfCorporateReorganization
-28140000 usd
CY2024Q3 us-gaap Stockholders Equity
StockholdersEquity
651484000 usd
CY2022Q4 us-gaap Partners Capital Including Portion Attributable To Noncontrolling Interest
PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest
764818000 usd
CY2023Q1 smc Profit Loss Excluding Subsidiary Income
ProfitLossExcludingSubsidiaryIncome
-15909000 usd
CY2023Q1 us-gaap Partners Capital Account Unit Based Compensation
PartnersCapitalAccountUnitBasedCompensation
1929000 usd
CY2023Q1 smc Partners Capital Account Tax Withholding For Unit Based Compensation
PartnersCapitalAccountTaxWithholdingForUnitBasedCompensation
1136000 usd
CY2023Q1 us-gaap Partners Capital Including Portion Attributable To Noncontrolling Interest
PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest
749702000 usd
CY2023Q2 smc Profit Loss Excluding Subsidiary Income
ProfitLossExcludingSubsidiaryIncome
-17036000 usd
CY2023Q2 us-gaap Partners Capital Account Unit Based Compensation
PartnersCapitalAccountUnitBasedCompensation
1833000 usd
CY2023Q2 smc Partners Capital Account Tax Withholding For Unit Based Compensation
PartnersCapitalAccountTaxWithholdingForUnitBasedCompensation
148000 usd
CY2023Q2 us-gaap Partners Capital Including Portion Attributable To Noncontrolling Interest
PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest
734351000 usd
CY2023Q3 smc Profit Loss Excluding Subsidiary Income
ProfitLossExcludingSubsidiaryIncome
251000 usd
CY2023Q3 us-gaap Partners Capital Account Unit Based Compensation
PartnersCapitalAccountUnitBasedCompensation
1396000 usd
CY2023Q3 smc Partners Capital Account Tax Withholding For Unit Based Compensation
PartnersCapitalAccountTaxWithholdingForUnitBasedCompensation
8000 usd
CY2023Q3 us-gaap Partners Capital Including Portion Attributable To Noncontrolling Interest
PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest
735990000 usd
us-gaap Profit Loss
ProfitLoss
-88392000 usd
us-gaap Profit Loss
ProfitLoss
-23829000 usd
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
142267000 usd
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
0 usd
smc Depreciation Depletion And Amortization Including Amortization Of Above And Below Market Leases
DepreciationDepletionAndAmortizationIncludingAmortizationOfAboveAndBelowMarketLeases
76028000 usd
smc Depreciation Depletion And Amortization Including Amortization Of Above And Below Market Leases
DepreciationDepletionAndAmortizationIncludingAmortizationOfAboveAndBelowMarketLeases
91438000 usd
us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
2292000 usd
us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
3804000 usd
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
10326000 usd
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
9493000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
6698000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
5158000 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
19828000 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
22302000 usd
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
31241000 usd
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
40732000 usd
smc Gain Loss On Sale Of Assets Net
GainLossOnSaleOfAssetsNet
-1000 usd
smc Gain Loss On Sale Of Assets Net
GainLossOnSaleOfAssetsNet
183000 usd
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-42000 usd
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
83000 usd
us-gaap Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
6000 usd
us-gaap Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
-420000 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-47199000 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 usd
smc Gain Loss On Disposition Of Business Net Of Prior Period Classification
GainLossOnDispositionOfBusinessNetOfPriorPeriodClassification
82338000 usd
smc Gain Loss On Disposition Of Business Net Of Prior Period Classification
GainLossOnDispositionOfBusinessNetOfPriorPeriodClassification
-45000 usd
us-gaap Equity Method Investment Realized Gain Loss On Disposal
EquityMethodInvestmentRealizedGainLossOnDisposal
126261000 usd
us-gaap Equity Method Investment Realized Gain Loss On Disposal
EquityMethodInvestmentRealizedGainLossOnDisposal
0 usd
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-3038000 usd
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
1074000 usd
us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
67936000 usd
us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
455000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-6325000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
3765000 usd
us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
-7108000 usd
us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
1525000 usd
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-3917000 usd
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
6718000 usd
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-4308000 usd
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-4206000 usd
us-gaap Increase Decrease In Property And Other Taxes Payable
IncreaseDecreaseInPropertyAndOtherTaxesPayable
-1314000 usd
us-gaap Increase Decrease In Property And Other Taxes Payable
IncreaseDecreaseInPropertyAndOtherTaxesPayable
-2277000 usd
us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
-4695000 usd
us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
22113000 usd
us-gaap Increase Decrease In Regulatory Liabilities
IncreaseDecreaseInRegulatoryLiabilities
-539000 usd
us-gaap Increase Decrease In Regulatory Liabilities
IncreaseDecreaseInRegulatoryLiabilities
-639000 usd
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
14563000 usd
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
12784000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
40124000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
110759000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
37861000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
49863000 usd
us-gaap Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
292266000 usd
us-gaap Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
0 usd
us-gaap Proceeds From Sale Of Equity Method Investments
ProceedsFromSaleOfEquityMethodInvestments
332734000 usd
us-gaap Proceeds From Sale Of Equity Method Investments
ProceedsFromSaleOfEquityMethodInvestments
0 usd
us-gaap Proceeds From Sale Of Investment Projects
ProceedsFromSaleOfInvestmentProjects
69304000 usd
us-gaap Proceeds From Sale Of Investment Projects
ProceedsFromSaleOfInvestmentProjects
0 usd
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
4400000 usd
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
128000 usd
us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
1431000 usd
us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
3500000 usd
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
0 usd
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
2611000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
659412000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-55846000 usd
us-gaap Repayments Of Senior Debt
RepaymentsOfSeniorDebt
313000000 usd
us-gaap Repayments Of Senior Debt
RepaymentsOfSeniorDebt
70000000 usd
us-gaap Repayments Of Unsecured Debt
RepaymentsOfUnsecuredDebt
209510000 usd
us-gaap Repayments Of Unsecured Debt
RepaymentsOfUnsecuredDebt
0 usd
us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
150000000 usd
us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
35000000 usd
us-gaap Proceeds From Secured Notes Payable
ProceedsFromSecuredNotesPayable
565800000 usd
us-gaap Proceeds From Secured Notes Payable
ProceedsFromSecuredNotesPayable
0 usd
us-gaap Payments Of Capital Distribution
PaymentsOfCapitalDistribution
4885000 usd
us-gaap Payments Of Capital Distribution
PaymentsOfCapitalDistribution
4884000 usd
smc Payments To Acquire Common Units
PaymentsToAcquireCommonUnits
21355000 usd
smc Payments To Acquire Common Units
PaymentsToAcquireCommonUnits
0 usd
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
4368000 usd
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
247000 usd
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-2818000 usd
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-1614000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-571815000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-49549000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
127721000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
5364000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
16645000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
13531000 usd
CY2024Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
144366000 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
18895000 usd
us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-top:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company makes estimates and assumptions that affect the reported amounts of assets and liabilities at the balance sheet dates, including fair value measurements, the reported amounts of revenues and expenses and the disclosure of commitments and contingencies. Although management believes these estimates are reasonable, actual results could differ from its estimates.</span></div>
us-gaap Equity Method Investment Realized Gain Loss On Disposal
EquityMethodInvestmentRealizedGainLossOnDisposal
126300000 usd
CY2024Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
102415000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
322601000 usd
CY2023Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
121193000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
331585000 usd
CY2024Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
2053752000 usd
CY2023Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
2468607000 usd
CY2024Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
702994000 usd
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
770022000 usd
CY2024Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1350758000 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1698585000 usd
CY2024Q3 us-gaap Depreciation
Depreciation
19977000 usd
CY2023Q3 us-gaap Depreciation
Depreciation
23926000 usd
us-gaap Depreciation
Depreciation
63905000 usd
us-gaap Depreciation
Depreciation
70130000 usd
CY2024Q3 us-gaap Interest Costs Incurred Capitalized
InterestCostsIncurredCapitalized
257000 usd
CY2023Q3 us-gaap Interest Costs Incurred Capitalized
InterestCostsIncurredCapitalized
351000 usd
us-gaap Interest Costs Incurred Capitalized
InterestCostsIncurredCapitalized
904000 usd
us-gaap Interest Costs Incurred Capitalized
InterestCostsIncurredCapitalized
790000 usd
us-gaap Equity Method Investment Realized Gain Loss On Disposal
EquityMethodInvestmentRealizedGainLossOnDisposal
126300000 usd
CY2024Q3 us-gaap Equity Method Investments
EquityMethodInvestments
269939000 usd
CY2023Q4 us-gaap Equity Method Investments
EquityMethodInvestments
486434000 usd
CY2023Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
10196000 usd
smc Contract With Customer Liability Current Additions
ContractWithCustomerLiabilityCurrentAdditions
6159000 usd
smc Contract With Customer Liability Current Revenue Recognized
ContractWithCustomerLiabilityCurrentRevenueRecognized
6885000 usd
CY2024Q3 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
9470000 usd
CY2023Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
30085000 usd
smc Contract With Customer Liability Noncurrent Additions
ContractWithCustomerLiabilityNoncurrentAdditions
3436000 usd
smc Contract With Customer Liability Noncurrent Reclassification To Current
ContractWithCustomerLiabilityNoncurrentReclassificationToCurrent
7345000 usd
CY2024Q3 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
26176000 usd
CY2024Q3 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
15985000 usd
CY2023Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
31449000 usd
CY2024Q3 us-gaap Long Term Debt
LongTermDebt
956965000 usd
CY2023Q4 us-gaap Long Term Debt
LongTermDebt
1470690000 usd
CY2024Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
826453000 usd
CY2023Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1455166000 usd
CY2024Q3 us-gaap Preferred Units Outstanding
PreferredUnitsOutstanding
65508 shares
CY2023Q4 us-gaap Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
65508 shares
CY2020Q1 smc Distribution Of All Available Cash Maximum Period Following End Of Quarter
DistributionOfAllAvailableCashMaximumPeriodFollowingEndOfQuarter
P45D
CY2024Q3 us-gaap Profit Loss
ProfitLoss
-197541000 usd
CY2023Q3 us-gaap Profit Loss
ProfitLoss
3874000 usd
us-gaap Profit Loss
ProfitLoss
-88392000 usd
us-gaap Profit Loss
ProfitLoss
-23829000 usd
CY2024Q3 smc Noncontrolling Interest In Subsidiary Net Income Loss Preferred Unit Holders
NoncontrollingInterestInSubsidiaryNetIncomeLossPreferredUnitHolders
4007000 usd
CY2023Q3 smc Noncontrolling Interest In Subsidiary Net Income Loss Preferred Unit Holders
NoncontrollingInterestInSubsidiaryNetIncomeLossPreferredUnitHolders
3623000 usd
smc Noncontrolling Interest In Subsidiary Net Income Loss Preferred Unit Holders
NoncontrollingInterestInSubsidiaryNetIncomeLossPreferredUnitHolders
11643000 usd
smc Noncontrolling Interest In Subsidiary Net Income Loss Preferred Unit Holders
NoncontrollingInterestInSubsidiaryNetIncomeLossPreferredUnitHolders
8865000 usd
CY2024Q3 us-gaap Net Income Loss
NetIncomeLoss
-201548000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
251000 usd
us-gaap Net Income Loss
NetIncomeLoss
-100035000 usd
us-gaap Net Income Loss
NetIncomeLoss
-32694000 usd
CY2024Q3 us-gaap Income Loss Attributable To Noncontrolling Interest
IncomeLossAttributableToNoncontrollingInterest
3393000 usd
CY2023Q3 us-gaap Income Loss Attributable To Noncontrolling Interest
IncomeLossAttributableToNoncontrollingInterest
3004000 usd
us-gaap Income Loss Attributable To Noncontrolling Interest
IncomeLossAttributableToNoncontrollingInterest
9926000 usd
us-gaap Income Loss Attributable To Noncontrolling Interest
IncomeLossAttributableToNoncontrollingInterest
8442000 usd
CY2024Q3 us-gaap Net Income Loss Allocated To General Partners
NetIncomeLossAllocatedToGeneralPartners
-204941000 usd
CY2023Q3 us-gaap Net Income Loss Allocated To General Partners
NetIncomeLossAllocatedToGeneralPartners
-2753000 usd
us-gaap Net Income Loss Allocated To General Partners
NetIncomeLossAllocatedToGeneralPartners
-109961000 usd
us-gaap Net Income Loss Allocated To General Partners
NetIncomeLossAllocatedToGeneralPartners
-41136000 usd
CY2024Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
10649000 shares
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
10376000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
10583000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
10320000 shares
CY2024Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2023Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2024Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
10649000 shares
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
10376000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
10583000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
10320000 shares
CY2024Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-19.25
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.27
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-10.39
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-3.99
CY2024Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-19.25
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.27
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-10.39
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-3.99
CY2024Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
CY2023Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
160000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
13000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
221000 shares
us-gaap Interest Paid Net
InterestPaidNet
89408000 usd
us-gaap Interest Paid Net
InterestPaidNet
72749000 usd
us-gaap Income Taxes Paid
IncomeTaxesPaid
22000 usd
us-gaap Income Taxes Paid
IncomeTaxesPaid
15000 usd
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
3874000 usd
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
7354000 usd
us-gaap Accrual For Environmental Loss Contingencies Charges To Expense For New Losses
AccrualForEnvironmentalLossContingenciesChargesToExpenseForNewLosses
36300000 usd
us-gaap Loss Contingency Claims Settled Number
LossContingencyClaimsSettledNumber
1 claim
CY2024Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
148600000 usd
CY2024Q3 us-gaap Increase Decrease In Income Taxes
IncreaseDecreaseInIncomeTaxes
28100000 usd
CY2024Q3 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
120500000 usd
CY2024Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-2.59
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
2.64
CY2024Q3 us-gaap Assets
Assets
1999166000 usd
CY2023Q4 us-gaap Assets
Assets
2494198000 usd
CY2024Q3 smc Adjusted Earnings Before Interest Taxes Depreciation And Amortization
AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization
53431000 usd
CY2023Q3 smc Adjusted Earnings Before Interest Taxes Depreciation And Amortization
AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization
79965000 usd
smc Adjusted Earnings Before Interest Taxes Depreciation And Amortization
AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization
183360000 usd
smc Adjusted Earnings Before Interest Taxes Depreciation And Amortization
AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization
211095000 usd
CY2024Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-59878000 usd
CY2023Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-6265000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
33909000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-46311000 usd
CY2024Q3 smc Corporate And Other Expenses
CorporateAndOtherExpenses
10201000 usd
CY2023Q3 smc Corporate And Other Expenses
CorporateAndOtherExpenses
5478000 usd
smc Corporate And Other Expenses
CorporateAndOtherExpenses
21598000 usd
smc Corporate And Other Expenses
CorporateAndOtherExpenses
20650000 usd
CY2024Q3 us-gaap Interest Expense
InterestExpense
25712000 usd
CY2023Q3 us-gaap Interest Expense
InterestExpense
34568000 usd
us-gaap Interest Expense
InterestExpense
95015000 usd
us-gaap Interest Expense
InterestExpense
103966000 usd
CY2024Q3 smc Depreciation Depletion And Amortization Including Amortization Of Above And Below Market Leases
DepreciationDepletionAndAmortizationIncludingAmortizationOfAboveAndBelowMarketLeases
23774000 usd
CY2023Q3 smc Depreciation Depletion And Amortization Including Amortization Of Above And Below Market Leases
DepreciationDepletionAndAmortizationIncludingAmortizationOfAboveAndBelowMarketLeases
31013000 usd
smc Depreciation Depletion And Amortization Including Amortization Of Above And Below Market Leases
DepreciationDepletionAndAmortizationIncludingAmortizationOfAboveAndBelowMarketLeases
76028000 usd
smc Depreciation Depletion And Amortization Including Amortization Of Above And Below Market Leases
DepreciationDepletionAndAmortizationIncludingAmortizationOfAboveAndBelowMarketLeases
91438000 usd
CY2024Q3 smc Adjusted Earnings Before Interest Taxes Depreciation And Amortization Proportional Equity Method Investment Adjustment
AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortizationProportionalEquityMethodInvestmentAdjustment
-7585000 usd
CY2023Q3 smc Adjusted Earnings Before Interest Taxes Depreciation And Amortization Proportional Equity Method Investment Adjustment
AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortizationProportionalEquityMethodInvestmentAdjustment
-16917000 usd
smc Adjusted Earnings Before Interest Taxes Depreciation And Amortization Proportional Equity Method Investment Adjustment
AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortizationProportionalEquityMethodInvestmentAdjustment
-35102000 usd
smc Adjusted Earnings Before Interest Taxes Depreciation And Amortization Proportional Equity Method Investment Adjustment
AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortizationProportionalEquityMethodInvestmentAdjustment
-42655000 usd
CY2024Q3 smc Adjustments Related To Capital Reimbursement Activity
AdjustmentsRelatedToCapitalReimbursementActivity
2283000 usd
CY2023Q3 smc Adjustments Related To Capital Reimbursement Activity
AdjustmentsRelatedToCapitalReimbursementActivity
3111000 usd
smc Adjustments Related To Capital Reimbursement Activity
AdjustmentsRelatedToCapitalReimbursementActivity
7934000 usd
smc Adjustments Related To Capital Reimbursement Activity
AdjustmentsRelatedToCapitalReimbursementActivity
6778000 usd
CY2024Q3 us-gaap Share Based Compensation
ShareBasedCompensation
1840000 usd
CY2023Q3 us-gaap Share Based Compensation
ShareBasedCompensation
1396000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
6698000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
5158000 usd
CY2024Q3 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
6000 usd
CY2023Q3 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
40000 usd
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-1000 usd
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
183000 usd
CY2024Q3 us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
-1672000 usd
CY2023Q3 us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
-9000 usd
us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
82338000 usd
us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
-45000 usd
CY2024Q3 us-gaap Equity Method Investment Realized Gain Loss On Disposal
EquityMethodInvestmentRealizedGainLossOnDisposal
0 usd
CY2023Q3 us-gaap Equity Method Investment Realized Gain Loss On Disposal
EquityMethodInvestmentRealizedGainLossOnDisposal
0 usd
us-gaap Equity Method Investment Realized Gain Loss On Disposal
EquityMethodInvestmentRealizedGainLossOnDisposal
126261000 usd
us-gaap Equity Method Investment Realized Gain Loss On Disposal
EquityMethodInvestmentRealizedGainLossOnDisposal
0 usd
CY2024Q3 us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
0 usd
CY2023Q3 us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
0 usd
us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
67936000 usd
us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
455000 usd
CY2024Q3 smc Transaction Costs And Other Expenses
TransactionCostsAndOtherExpenses
-2579000 usd
CY2023Q3 smc Transaction Costs And Other Expenses
TransactionCostsAndOtherExpenses
0 usd
smc Transaction Costs And Other Expenses
TransactionCostsAndOtherExpenses
-16407000 usd
smc Transaction Costs And Other Expenses
TransactionCostsAndOtherExpenses
0 usd
CY2024Q3 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-42235000 usd
CY2023Q3 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-47199000 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 usd
CY2024Q3 smc Adjusted Earnings Before Interest Taxes Depreciation And Amortization
AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization
53431000 usd
CY2023Q3 smc Adjusted Earnings Before Interest Taxes Depreciation And Amortization
AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization
79965000 usd
smc Adjusted Earnings Before Interest Taxes Depreciation And Amortization
AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization
183360000 usd
smc Adjusted Earnings Before Interest Taxes Depreciation And Amortization
AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization
211095000 usd
CY2024Q3 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2024Q3 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false
CY2024Q3 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false

Files In Submission

Name View Source Status
smc-20240930_cal.xml Edgar Link unprocessable
smc-20240930_def.xml Edgar Link unprocessable
0002024218-24-000034-index-headers.html Edgar Link pending
0002024218-24-000034-index.html Edgar Link pending
0002024218-24-000034.txt Edgar Link pending
0002024218-24-000034-xbrl.zip Edgar Link pending
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
smc-20240930.htm Edgar Link pending
smc-20240930.xsd Edgar Link pending
smlp-20240930xex311.htm Edgar Link pending
smlp-20240930xex312.htm Edgar Link pending
smlp-20240930xex321.htm Edgar Link pending
smc-20240930_lab.xml Edgar Link unprocessable
smc-20240930_pre.xml Edgar Link unprocessable
smc-20240930_htm.xml Edgar Link completed