SMC (SMC) revenue breakdown
By segment, Rockies is the largest at 59% of fiscal 2025 revenue; Mid-Con grew fastest, 88% a year over 2 years.
By product, Natural gas, NGLs and condensate sales is the largest at 47% of fiscal 2025 revenue, growing 22% a year over 2 years.
Revenue by segment
Fiscal years, as SMC reports them in its 10-K filings; fiscal 2025 total $562M.
| Segments | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|
| Rockies | $255M | $269M | $329M | 59% |
| Mid-Con | $45M | $57M | $159M | 28% |
| Piceance | $91M | $81M | $70M | 12% |
| Permian | $4M | $4M | $4M | 1% |
| Northeast | $64M | $19M | — | — |
Revenue by product
Fiscal years, as SMC reports them in its 10-K filings; fiscal 2025 total $562M.
| Products | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|
| Natural gas, NGLs and condensate sales | $179M | $195M | $265M | 47% |
| Gathering services and related fees | $248M | $201M | $256M | 45% |
| Other revenues | $31M | $34M | $41M | 7% |
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In fiscal 2025, by segment: Rockies $329M, Mid-Con $159M, Piceance $70M, Permian $4M.
From SMC's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.