SM Energy (SM) Capital Expenditures (2009 - 2026)

SM Energy (SM) has 18 years of Capital Expenditures data on file, last reported at $555.0 million in Q1 2026.

• Capital Expenditures for Q1 2026 came in at $555.0 million, up 34.06% year-over-year; the trailing twelve-month figure through Mar 2026 was $175.0 million (down 89.86% YoY), and the FY2025 annual result was $34.0 million, down 97.41% from the prior year.
• Capital Expenditures advanced to $555.0 million in Q1 2026 per SM's latest filing, from $12.5 million in the prior quarter.
• Over five years, Capital Expenditures peaked at $957.2 million in Q3 2024 and troughed at -$399.1 million in Q2 2025.
• A 5-year average of $221.7 million and a median of $150.1 million in 2022 frame the typical range for Capital Expenditures.
• On a YoY basis, Capital Expenditures climbed as much as 13799900.0% in 2025 and fell as far as 7981520.0% in 2025.
• A 5-year view of Capital Expenditures shows it stood at $879.9 million in 2022, then fell by 0.03% to $879.7 million in 2023, then slumped by 59.78% to $353.8 million in 2024, then sank by 96.47% to $12.5 million in 2025, then soared by 4341.42% to $555.0 million in 2026.
• Business Quant data shows SM's Capital Expenditures at $555.0 million in Q1 2026, $12.5 million in Q4 2025, and $6.6 million in Q3 2025.